Tigress Financial Raises Price Target for Walmart (WMT) Following AI and Digital Expansion

Walmart Inc. (NASDAQ:WMT) ranks among the best most active stocks to buy according to hedge funds. On May 29, Tigress Financial boosted its price target for Walmart Inc. (NASDAQ:WMT) to $155 from $150, while retaining a Buy rating on the company’s shares. According to the firm, Walmart’s AI-driven platform shift has unlocked a number of high-margin growth catalysts.

According to Tigress Financial, Walmart’s omnichannel and marketplace diversification, supply chain automation, and digital shift are propelling economic profit growth and company performance improvements. Walmart’s Sparky AI Assistant was particularly cited by the firm as boosting customer engagement and revenue.

Meanwhile, in response to Walmart Inc. (NASDAQ:WMT)’s first-quarter earnings, Evercore ISI reaffirmed its Outperform rating and $140 price target for the company on May 26. Walmart’s digital operation, which exceeds $100 billion in size, had a 12% variable margin during the quarter.

Evercore ISI also reaffirmed its earnings per share projections for fiscal year 2027 at $2.95 and for 2028 at $3.35.

Walmart Inc. (NASDAQ:WMT) is an omnichannel retailer operating retail and wholesale stores, clubs, e-commerce websites, and mobile applications. It offers an elaborate array of items, from general merchandise and electronics to food, groceries, and more.

While we acknowledge the risk and potential of WMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WMT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1