Walmart (WMT) closed at $114.34, marking a 1.45% gain, though technical analysis suggests bearish signals following a breakdown from key resistance levels and a high P/E ratio of 39.71.
- Growth outlook remains positive, supported by 10 upward earnings revisions for fiscal 2026, raising the EPS forecast to $2.63.
- Analysts maintain a favorable average price target of $121.38, while the company continues to expand strategic initiatives like the AI tool Sparky and wellness services.
- The stock traded slightly higher in after-hours trading, settling at $114.35.