Deutsche Bank Raises Walmart (WMT) Price Target to $136
Deutsche Bank raises its rating on Walmart and sets a higher price target amid strong market activity, a 14.47% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
Deutsche Bank raised its price target on Walmart Inc. ($WMT) to $136 from $113 on October 15, 2026, and rates the stock "Buy".
Since the rating, $WMT is up 0.8% to date (from the $117.87 close on Oct 15, 2026).
WMT
Walmart Inc.
Key Points
- On October 15, 2026, Deutsche Bank upgraded Walmart Inc. to a Buy rating and raised its price target from $113 to $136.
- Deutsche Bank's $136 price target implies 14.47% upside from Walmart Inc.'s ($WMT) current $118.81 share price.
- Walmart shares recently traded around $118.7, which is about 12.7% below the new analyst target.
- The company reported a revenue of $735.8 billion over the trailing twelve months and has a dividend yield of 0.84%.
Get $WMT trade alerts by text
We text you when insiders, Congress or big funds trade $WMT. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Walmart Inc. alert may contain errors. Disclosures
Deutsche Bank raised its rating on Walmart Inc. (WMT) to Buy on October 15, 2026, and increased its price target to $136 from $113. The upgrade comes as Walmart's stock is currently trading at $118.7 as of October 16, 2026, which is below the new target set by the firm.
Other Institutional Activity in Walmart
Several other institutional investors have also shown interest in Walmart recently. Blackrock Inc. increased its stake by 1,094,615 shares, bringing its total to about 354.2 million shares worth approximately $42.1 billion. Vanguard Capital Management LLC added 1,509,656 shares, raising its total to about 286.4 million shares valued at around $34.0 billion. State Street Corporation grew its holdings by 2,101,072 shares, ending with 188.0 million shares worth about $22.3 billion. Invesco Ltd. also increased its position by 2,352,323 shares, totaling 148.5 million shares valued at about $17.6 billion.
Walmart Inc. Stock Up 2.3%
Walmart is currently trading about 12.7% below the new analyst target of $136. The shares are above their 52-week low of $98.88 but are still about 12.2% below the 52-week high of $135.16. The stock is recently above its 50-day moving average by 9.1% and slightly above its 200-day moving average by 0.4%.
$WMT price target
Walmart Inc. daily closes and this analyst's $136 target. Not advice.
Recent Earnings
Walmart reported trailing twelve-month revenue of $735.8 billion, with a net margin of 3.0%. The company has a return on equity of 22.3%. Its next earnings report is scheduled for November 19, 2026.
Insider Buying and Selling at Walmart Inc.
Recent insider transactions show that several officers sold shares. Daniel J Bartlett sold 3,710 shares at an average price of $113.10 on August 3, 2026, totaling approximately $419,601. Christopher James Nicholas sold 2,900 shares at $106.34 on August 20, 2026, valued at about $308,383. Daniel Danker sold 50,644 shares at an average price of $105.35 on August 26, 2026, worth about $5.3 million, and Bartlett sold another 3,950 shares at $105.14 on September 1, 2026, totaling around $415,298.
Analysts Set New Price Targets
On October 15, 2026, Deutsche Bank upgraded Walmart with a Buy rating and a new price target of $136. Earlier, on August 31, 2026, Tigress Financial maintained its Buy rating with a target of $155. DA Davidson also maintained a Buy rating with a target of $132 on September 10, 2026. The consensus among analysts is a Buy, with a mean price target of $127.35 based on 40 opinions.
About Walmart Inc.
Walmart Inc. operates a variety of retail and wholesale stores, along with e-commerce platforms globally. With segments including Walmart U.S., Walmart International, and Sam's Club, the company serves millions of customers each week. This upgrade by Deutsche Bank highlights the firm's positive outlook on Walmart's continued growth and stability in the consumer defensive sector.
Bottom Line
Watch for Walmart's next earnings report on November 19, 2026, as the company continues to navigate the retail landscape. The upgrade from Deutsche Bank may influence other analysts' ratings and investor sentiment moving forward.
Related Filing Alerts
Source: Deutsche Bank's rating change on $WMT (Oct 15, 2026). Written by software, not financial advice. How we make alerts