Walmart price target raised to $130.00 by Evercore ISI

Evercore ISI has raised its price target for Walmart to $130.00 from $125.00. This adjustment follows a period of growth for the retailer, which reported second-quarter fiscal 2027 revenue of $187.94 billion, a 5.90% increase compared to the previous year.

During the same quarter, Walmart's operating income rose 28.80% to $9.38 billion. Adjusted earnings per share increased by 19.10% to $0.81, though the growth in adjusted earnings trailed the operating income increase due to costs and investments affecting profit conversion.

Technical analysis indicates the stock has recovered approximately 16% from its September low of $101.65. While the stock shows bullish momentum and has cleared several technical resistance levels, the Relative Strength Index (RSI) suggests it is currently in overbought territory. The company is scheduled to release its next quarterly report on November 18, 2026.