Key Stats for Walmart Stock
- Price change for Walmart stock in last 6 months: -9%
- $WMT Stock Price as of Oct. 22: $120
- 52-Week High: $135
- $WMT Stock Price Target: $127
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What Happened?
Walmart (WMT) introduced new tools on Wednesday that let AI agents shop and complete purchases for customers.
For anyone following Walmart stock, this is a push to get ahead of AI-powered shopping. It also stands in contrast to Amazon, which has tried to limit outside AI shopping agents on its platform.
There are two main pieces:
- Walmart Agent Gateway: This lets AI assistants like ChatGPT, Gemini and Meta’s Muse connect directly to Walmart and Sam’s Club systems. They can search products and complete purchases.
- Agent Profiles: These roll out next month. Shoppers can approve individual AI agents and track their purchases separately. They can set spending limits or require approval for each purchase. They can also revoke access at any time.
Walmart says customers stay in control.
AI agents cannot access payment card data, and agents that break company rules can be blocked. The tools will be open to all Walmart account holders, and a Walmart+ membership is not required.
Mizuho analyst David Bellinger said the tools add confidence to an “experimental” process. He added that buy-in from top management is making it “a real thing.”
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What the Market Is Telling Us About Walmart Stock
The news fits a business that is already shifting online.
Walmart’s global e-commerce sales grew 23% last quarter, advertising rose 38%, and marketplace sales in the U.S. grew 52%.
Customers using Walmart’s own Sparky assistant spend 40% more per order than others.
Still, the picture is mixed. Walmart stock has to balance growth with price investments, and the company added more than 11,000 rollbacks last quarter.
Management also expects more than $2 billion in extra fuel costs this year.
Walmart raised its full-year sales growth guidance to 4% to 5%. It also raised operating income growth guidance to 7% to 8.5%.
But Q3 operating income growth is expected to slow to 2% to 4% as price investments land.
So Walmart stock offers steady growth, but near-term profit growth is slowing.
The AI tools are early, and no sales impact was given. The question for Walmart stock is whether AI shopping brings in more customers and transactions over time.
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So what is Walmart stock actually worth?
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
