Walmart, the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Simeon Gutman from Morgan Stanley maintained a Buy rating on the stock and has a $115.00 price target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Simeon Gutman has given his Buy rating due to a combination of factors that highlight Walmart’s strategic advancements and growth potential. The recent increase in Walmart+ membership, which saw a month-over-month gain of 1.1 million members in September 2025, underscores the company’s progress in enhancing its eCommerce capabilities. This growth in membership not only reflects a significant penetration of U.S. households but also aligns with management’s commentary on achieving double-digit growth in this area.
Expanding the Walmart+ membership base is a crucial component of Walmart’s eCommerce strategy, acting as a profit driver by broadening its delivery reach across its numerous Supercenters. By the end of the year, Walmart aims to provide same-day delivery to approximately 95% of U.S. households, thereby strengthening its market leadership in terms of scale and convenience. This approach not only enhances customer loyalty and increases wallet share among higher-income consumers but also establishes a recurring, high-margin revenue stream. Additionally, it accelerates monetization opportunities through retail media initiatives like Walmart Connect.
Gutman covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, Topgolf Callaway Brands, and Ulta Beauty. According to TipRanks, Gutman has an average return of 3.7% and a 60.48% success rate on recommended stocks.
In another report released on October 2, KeyBanc also reiterated a Buy rating on the stock with a $110.00 price target.