Walmart's market capitalization surpassed $1 trillion for the first time on Tuesday, February 3, 2026. The stock price surged to an intraday record. Shares rose over 2%, achieving the necessary valuation threshold. This milestone makes Walmart one of the few non-tech companies globally to reach this valuation.
Sustained stock performance stems from Walmart's transformation into a tech-powered retailer. The company made significant investments in e-commerce and AI-driven operational efficiencies. Walmart maintains a strong position in the grocery market. The retailer's focus on providing consumer value amidst economic pressures bolstered investor confidence. This valuation reflects the market's positive outlook on the strategic direction under new leadership.