Walmart: A Poster Child For Resilience, Limited Upside Potential At Current Levels


  • Walmart’s latest quarterly performance shows resilience and better-than-expected international segment performance.
  • The company had a fantastic quarter with increased sales, improved margins, and strong growth in its advertising and eCommerce businesses.
  • Flipkart, Walmart’s Indian e-commerce platform, showed strong growth and plans to enter the quick commerce space, bolstered by a recent investment from Google.

beautiful desert flower (añañuca) growing despite arid environment showing resilience with Milky Way background

Oscar Gutierrez Zozulia/iStock via Getty Images

Investment Thesis

The last time I wrote about Walmart (NYSE:WMT), back in May 2023, I argued that despite an impressive performance both in its domestic market and internationally, from a valuation perspective it’s

Forward P/E Multiple Approach

Price Target


Projected Forward P/E multiple


Projected Forward PEG Ratio


Projected Earnings Growth Rate


Projected FY25 EPS


Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Leave a Reply

Your email address will not be published. Required fields are marked *