Walmart Stock Has Dropped Since Earnings. Could It Keep Falling?
Walmart Stock Has Dropped Since Earnings. Could It Keep Falling?
David Marino-NachisonTue, August 25, 2026 at 3:49 PM UTC
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Walmart stock has generally fallen since May.Credit: Smith Collection / Gado / Getty ImagesKey Takeaways -
Walmart shares have dropped 4% in August through Monday’s close and continue to decline after a disappointing outlook.
Wall Street analysts are broadly positive on the shares, but some think they aren’t done dropping.
August hasn’t been kind to Walmart investors.
The retail giant’s stock has fallen 4% this month through Monday’s close, and it’s off another 1.5% so far today, extending losses that accelerated last week after Walmart (WMT) turned in a third-quarter financial outlook that spooked investors.
Wall Street is broadly positive on the shares–Visible Alpha’s mean price target is around $127, a nearly 20% premium to yesterday’s finish around $106–but some analysts think they aren’t done dropping.
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Oppenheimer earlier today said they could see the stock moving into the “low $90s.” They haven’t traded below $100 since November.
The analysts still see plenty to like about the company, including operating profit and e-commerce growth trends, as well as increased U.S. share in grocery, but they also see the latest retreat as “justified” after a yearslong runup that ended in May, along with slowing same-store sales growth.
Oppenheimer, which downgraded the stock earlier this month, doesn’t currently have a price target on Walmart shares, but says they “remain on our radar.”
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Source: “AOL Money”
