You’ve probably seen the blue spark logo a thousand times this week. Maybe you even walked past it this morning. But there is a massive difference between knowing where to buy a gallon of milk and knowing how much is walmart stock worth when you strip away the branding and look at the cold, hard math of the New York Stock Exchange.
Right now, as we move through January 2026, Walmart (WMT) is sitting in a fascinating spot. If you check the ticker today, you'll see the price hovering around $119.82 per share.
But that number doesn't tell the whole story.
Not even close.
The Massive Number Behind the Ticker
To understand what this company is "worth," you have to look at the market capitalization. This is basically the "price tag" for the entire company if you wanted to buy every single share in existence.
Currently, Walmart’s market cap is roughly $954 billion.
It’s knocking on the door of the trillion-dollar club. For perspective, that’s bigger than the entire economy of some medium-sized countries. It is a behemoth. But why is it worth that much? It’s not just the physical stores. It’s the data, the logistics, and a massive shift into AI-driven "agentic commerce" that has Wall Street feeling pretty bullish lately.
Why How Much Is Walmart Stock Worth Keeps Changing
Stocks aren't static. They breathe. They react.
If you’d looked at Walmart a year ago, the price was significantly lower. In fact, over the last 52 weeks, the stock has swung between a low of about $79.85 and a high of $121.23.
Honestly, the retail giant has been on a tear.
The 3-for-1 Split Factor
If you’re looking at old charts and wondering why the price suddenly "dropped" from $175 to $60 back in early 2024, don't worry—the company didn't collapse. They did a 3-for-1 stock split.
Basically, they cut the pizza into more slices so more people could afford a piece.
Before the split, a single share was getting too expensive for the average store associate to buy through the company's purchase plan. By splitting it, they kept the "worth" the same but made the entry price more "digestible." Since then, the stock has climbed steadily back up.
The AI Secret Sauce
A big reason for the current valuation is something called Sparky.
No, it’s not a mascot. It’s Walmart’s proprietary AI shopping assistant.
Analysts from firms like Raymond James and Wolfe Research are obsessed with this right now. Walmart has partnered with OpenAI and Google Gemini to let people buy groceries directly through chat interfaces. It sounds like sci-fi, but it’s real, and it’s a huge reason why the P/E ratio (Price-to-Earnings) is sitting at a somewhat "expensive" 41.98.
Usually, retail stocks trade at lower multiples. But investors are currently pricing Walmart like a tech company.
Dividends: The "Rent" Walmart Pays You
When people ask how much is walmart stock worth, they often forget the "passive income" side of the coin. Walmart is a Dividend King. They have increased their payout for over 50 consecutive years.
📖 Related: When Will the Fed Meet Again: What Most People Get Wrong
- Annual Payout: Currently around $0.94 per share.
- Dividend Yield: Approximately 0.78%.
- Recent Payment: Shareholders of record in December 2025 just saw a $0.235 per share payment hit their accounts in early January 2026.
It’s not a massive yield, especially compared to something like Target (which is currently sporting a yield over 4%), but it is incredibly reliable. It’s the "sleep well at night" part of the valuation.
What the "Pros" Think It's Worth
Wall Street analysts are currently all over the place, but the consensus is generally "Buy."
- The Bulls: TD Cowen has a price target of $136. They think the AI initiatives are going to transform the bottom line.
- The Skeptics: Some analysts at Wolfe Research point out that at 41 times earnings, the stock is "richly valued." This means if the company misses even a small earnings goal in February, the price could pull back.
- The Average: The consensus target is floating around $122 to $125.
Basically, the market thinks it’s worth a little more than it’s selling for right now, but the "easy money" from the recent run-up might already be on the table.
The Reality Check
You have to remember that "worth" is subjective in the stock market.
Is it worth 41 times its profit? Maybe, if they can actually replace thousands of hours of manual labor with AI agents and keep dominating the grocery space. But if consumer spending slows down because of inflation or high interest rates, that $954 billion valuation might start to look a bit bloated.
Walmart is no longer just a place with cheap socks; it’s a logistics company, an advertising platform, and a tech innovator. That complexity is why the price is where it is.
Your Next Steps for Evaluating WMT
If you are looking to pull the trigger on Walmart or just want to track its value more closely, do these three things:
- Watch the February 19th Earnings Call: This is the big one. Management will give guidance for the rest of fiscal year 2026. If they sound conservative, the stock might dip.
- Check the P/E Ratio vs. Peers: Compare Walmart's 41x multiple to Costco (often higher) and Target (often lower). If Walmart stays this much higher than Target, ask yourself if the AI "Sparky" tech is really worth that premium.
- Look at "Agentic Commerce" Trends: Keep an eye on how many people are actually using Gemini or ChatGPT to order their groceries. If this picks up steam, Walmart's valuation has plenty of room to grow.
Whether you're a casual observer or a serious investor, the "worth" of Walmart is a moving target that currently leans heavily on its ability to stay ahead of the digital curve.