Walmart (WMT) Stock Forecast & Price Target

Walmart has demonstrated strong financial growth, with net sales revenue rising 4.34% year-over-year, reaching $703.06 billion for the 12 months ending October 2025, and forecasts indicate a further increase of 13.34% over the next twelve months. Net Operating Profit After Tax (NOPAT) also experienced a positive trend, growing 2.15% year-over-year to $22.77 billion, with a projected increase of 13.17% to $53.30 billion over the next twelve months. Additionally, Economic Operating Cash Flow (EBITDAR) showed a 3.70% increase year-over-year, reaching $47.09 billion, further supporting a favorable outlook for the company’s financial performance.

Walmart experienced a decline in Economic Profit of 10.92% year-over-year, dropping from $9.76 billion to $8.70 billion, which raises concerns about the company's financial vitality. Additionally, Return on Capital (ROC) decreased from 13.33% to 12.03%, indicating declining efficiency in generating returns on its investments. Increased costs, notably related to tariffs and other operational expenses, are projected to create headwinds for adjusted operating income and overall earnings per share, posing further risks to the company's financial outlook.