On May 1, 2025, Oppenheimer upgraded Walmart (NYSE:WMT) to “Outperform,” with the stock priced at $97.23. This update comes as Walmart is making significant strides in its business operations. Recently, Walmart opened a new Supercenter in Cypress, Texas, marking its first new store in four years. This store is part of Walmart’s “Store of the Future” initiative, which aims to modernize its retail presence.
Walmart’s expansion strategy includes plans to build or convert over 150 stores in the coming years. This aligns with the company’s broader goal to adapt to changing market dynamics. John Furner, President and CEO of Walmart U.S., emphasized the importance of this development, highlighting it as an investment in the community and a source of new job opportunities. Additional Supercenters are planned for Texas, Utah, and California, with Neighborhood Market stores set to open in Alabama and Florida.
Walmart’s stock has shown resilience. As of April 5, 2025, the stock price increased by 0.90%. On the latest trading day, WMT closed at $95.22, marking a 0.14% increase, outperforming the S&P 500’s daily gain of 0.06%. Over the past month, Walmart’s stock surged by 11.67%, outpacing the Retail-Wholesale sector’s decline of 2.65% and the S&P 500’s drop of 4.29%.
Investors are eagerly awaiting Walmart’s upcoming earnings report on May 15, 2025. The company is expected to report an EPS of $0.58, a 3.33% decrease from the same quarter last year. However, revenue is projected to rise by 2.71% to $165.88 billion compared to the previous year. This reflects Walmart’s ability to maintain growth despite challenges.
Walmart’s stock is currently trading at $97.26, with a slight increase of 0.51% today. The stock’s price ranged from $96.59 to $97.71 during the trading day. Over the past year, Walmart’s stock reached a high of $105.30 and a low of $58.58. With a market capitalization of approximately $778.13 billion and a trading volume of 7,190,299 shares, Walmart remains a significant player in the retail industry.