Rating Change
Oppenheimer analysts downgraded Walmart Inc. (NASDAQ:WMT) from Outperform to Perform on August 04, 2026.
Rating Change Oppenheimer analysts downgraded Walmart Inc. (NASDAQ:WMT) from Outperform to Perform on August 04, 2026. Market Context Walmart Inc.

Oppenheimer analysts downgraded Walmart Inc. (NASDAQ:WMT) from Outperform to Perform on August 04, 2026.
Walmart Inc. operates in the Consumer Defensive sector. The stock currently trades at $111.24 with a market capitalization of $921.2B. The stock has gained 10.0% over the past 52 weeks.
Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Oppenheimer's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 04, 2026 | Oppenheimer | Perform | N/A |
| Jul 31, 2026 | Bernstein | Outperform | N/A |
| Jul 22, 2026 | RBC Capital | Outperform | N/A |
| Jun 08, 2026 | BTIG | Buy | N/A |
| Jun 03, 2026 | BTIG | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View WMT Stock Page
A Perform rating from Oppenheimer reflects the analyst's outlook on Walmart Inc. (NASDAQ:WMT). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the WMT forecast page.
Current market data
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