Walmart Stock Soars: Will It Hit $1 Trillion by 2026? Key Analysis & Forecast
Stock Price & Performance WMT has been a standout in retail this year. Its share price trades just under $102 investing.com and is a few dollars off its 52-week peak (~$106). Over the past 12 months it’s gained roughly 30%, far outpacing Target (down ~44%) nasdaq.com. This strong run reflects Walmart’s mix of recession-resistant grocery sales and booming digital businesses reuters.com. After splitting 3-for-1 in 2024, Walmart’s market cap (~$820B) is within striking distance of $1T (about +22% away) ts2.tech. Notably, its forward P/E (~36×) is above its own historical norm and well above main rivals like Target (11×) nasdaq.com