The stock of Walmart (WMT) is entering 2026 with renewed momentum, driven by its recent listing change and a strong holiday performance.
On December 9, 2025, Walmart completed its move from the New York Stock Exchange to the Nasdaq Global Select Market, maintaining the ticker “WMT” — a strategic shift that reflects the company’s transformation into a tech‑forward retail leader.
Ahead of the switch, the stock hit near record highs, with investors responding to robust earnings results and optimism around holiday‑season demand. Walmart also raised its full‑year forecast, now anticipating 2026 adjusted earnings per share (EPS) in the range of $2.58–$2.63.
Looking to 2026, analysts point to several growth drivers. Walmart’s continued investment in automation, e‑commerce, and digital services — including its marketplace and advertising channels — position it well to benefit from ongoing shifts in consumer behavior.
Moderate‑buy consensus estimates project a 12‑ to 24‑month upside to price targets around $119, with some bullish firms expecting even higher gains on improved margins and expanding market share.
For investors, the Nasdaq listing isn’t just symbolic — it may attract more growth‑oriented investors and funds focused on tech‑inclined equities, potentially broadening Walmart’s investor base heading into 2026.
