Walmart Stock Draws Strong Buys as India Bet Grows

Walmart ( (WMT) ) has been popular among investors this week. Here is a recap of the key news on this stock.

Analysts remain upbeat on Walmart (WMT), with RBC Capital’s Steven Shemesh reiterating a Buy rating and a $140 price target, implying modest upside from the recent $130.43 close. Overall, Wall Street sentiment is firmly positive, as TipRanks data shows a Strong Buy consensus and an average target around $139–$140, with some houses lifting targets as high as $150, signaling confidence in Walmart’s earnings resilience and growth prospects.

Beyond the U.S. store base, Walmart is pushing a global, tech-led strategy centered on India, where CEO John Furner highlighted the country’s role as both a key sourcing hub and a template for future retail. Walmart’s majority-owned Flipkart, along with PhonePe and Myntra, underpins its Indian presence and potential international revenue growth, especially as Flipkart targets a Mumbai IPO that analysts expect could value it near $40 billion while keeping Walmart in firm control.

Furner also touted initiatives like the Walmart Vriddhi program, which has supported over 115,000 entrepreneurs with digital training and marketplace access, strengthening the company’s supply chain and ecosystem in India. For investors, the combination of bullish analyst coverage, incremental price target hikes, and a scalable digital platform in one of the world’s fastest-growing markets positions Walmart as a compelling long-term play in the global retail landscape.