So, you're looking at the ticker. It’s Friday, January 16, 2026, and if you’ve been watching the charts this morning, things are looking pretty interesting for the retail king. What's the price of walmart stock today? As of the market open, Walmart (WMT) is trading around $119.20.
Now, don't just take that number at face value. Stocks breathe. They wiggle. Just yesterday, the price closed at $120.04, so we’re seeing a slight dip of about 0.70% in early trading. It’s a classic "morning shakeout" after a pretty massive run-up. Honestly, WMT has been on a tear lately. It recently hit a 52-week high of $121.23, which is wild considering where it was a year ago.
Digging into what's the price of walmart stock today
Why the small drop this morning? It's likely just profit-taking. When a stock flirts with its all-time highs like this, traders often get itchy fingers. They see green, they click sell, and the price cools off for a minute. But if you look at the bigger picture, the momentum is still very much there.
Walmart isn't just a place where you buy bulk toilet paper anymore. They've basically turned themselves into a tech company that happens to have aisles. Their recent move to the NASDAQ back in December—swapping over from the NYSE—was a huge signal. It told the world: "We aren't just a legacy retailer; we're a high-growth tech platform."
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The AI Factor and Agentic Commerce
You might've heard the buzz about "agentic commerce." It sounds like sci-fi, but it’s real money. Walmart has been leaning hard into partnerships with OpenAI and Google Gemini. Essentially, they’ve built this AI assistant named Sparky into their app.
It’s not just a chatbot. It actually helps people shop. Analysts from Raymond James have been talking about how these AI agents are starting to drive real sales in categories like beauty and electronics. It makes the shopping experience feel way more personal, and more importantly, it keeps people inside the Walmart ecosystem.
Breaking down the valuation
Let's get nerdy for a second. Even though the price is around $119, is it actually "cheap"?
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- Price-to-Earnings (P/E) Ratio: We're looking at roughly 41.8.
- Market Cap: It’s sitting at a massive $950 billion, knocking on the door of that trillion-dollar club.
- Dividend Yield: Currently about 0.78%.
Some folks at The Motley Fool are a bit skeptical, though. They’ve pointed out that a 45x forward earnings multiple is pretty steep for a grocery giant, especially when the broader S&P 500 is trading at 22x. There's a camp of investors who think the stock might be overextended and could pull back toward $110 later this year.
On the flip side, Wall Street is still mostly screaming "Buy." Out of about 100 analysts, the median price target is sitting around $125, with some bulls like Telsey Advisory Group aiming as high as $135.
What actually happened in the last earnings report?
To understand the price today, you've gotta look at what they reported in November. Their Q3 was honestly stellar.
Revenue hit $179.5 billion, which was up nearly 6% year-over-year. But the real kicker was eCommerce. Online sales grew by 27%. Think about that. For a company that size to grow digital sales by nearly a third is almost unheard of.
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They also saw a massive jump in their advertising business—Walmart Connect. It was up 33% in the U.S. alone. Basically, they're stealing a page out of Amazon’s playbook by selling ads to the brands that sell on their shelves. It's high-margin revenue, and it's a huge reason why the stock price has stayed so resilient.
The leadership handoff
There’s also a big change coming. John Furner is set to take the CEO reins on February 1, 2026. Usually, leadership changes make investors nervous, but Furner is a Walmart veteran. He's been the architect behind a lot of the U.S. growth, so the market is treating this like a smooth relay race rather than a chaotic transition.
Practical steps for your portfolio
If you’re holding WMT or thinking about jumping in, here’s the reality. You aren't buying a "bargain" stock right now. You’re buying a leader at a premium price.
- Watch the $116 level: If the stock starts to slide, $116.40 was a recent low. If it holds above that, the uptrend is still healthy.
- Check the earnings calendar: The next big catalyst will be the Q4/Full Year results in late February. That’s when we’ll see how the holiday season actually went.
- Consider the dividend: It’s not a huge yield, but it’s consistent. If you’re a long-term "DRIP" (Dividend Reinvestment Plan) investor, these little dips are just opportunities to grab a few more fractional shares.
The stock is volatile today, sure. But for a company that serves millions of people every single day and is successfully pivoting into the AI era, the long-term story remains pretty compelling. Keep an eye on the volume; if we see a lot of shares trading hands at this $119 level, it shows that buyers are stepping in to support the price.
Next Steps for You:
Check the real-time volume on your brokerage app. If you see volume spiking while the price stays flat or moves up slightly, it's often a sign of institutional accumulation. You should also look up the most recent Form 4 filings on the SEC website to see if any company insiders have been selling shares at these peak prices, as that can give you a hint about whether they think the stock is topped out for now.