Walmart Inc. (WMT) Fair Value 2026

WMT · Discount Stores ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.4 /10

32 fundamental signals · 9 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-27, Walmart Inc. (WMT) trades at $102.63, versus a $33.04 median fair value across its 9 active models — 67.8% below the current price. QOC: 8.4/10. Value Trap Risk: 0/100 (SAFE). 9/13 models active. Within that set, the Bayesian DCF component alone returns $26.86.

Key Facts

Ticker
WMT
Price
$102.63
Quality Score
8.4/10
Value Trap Risk
0/100
Models Active
9/13
Last Updated
Strength: Quality Score of 8.4/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Walmart Inc. (WMT) Undervalued or Overvalued in 2026?

According to CirclFi’s 9-model valuation engine, Walmart Inc. (WMT) appears overvalued as of : the median of 9 independent fair value estimates is $33.04, 67.8% below the current price of $102.63. Estimates range from $20.19 to $79.45. WMT scores 8.4/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. WMT’s -67.8% gap is wider than that market norm. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Walmart Inc. Stock in 2026? →

What Fair Value Does Each Model Give WMT?

9 Intrinsic Value Models vs. Current Price ($102.63)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $26.86 -73.8%
Intrinsic · High Conviction
 $30.46 -70.3%
Ensemble · Medium Conviction
 $35.96 -65.0%
Intrinsic · High Conviction
 $20.19 -80.3%
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What Is WMT's Fair Value Range?

Spread across 9 independent models · $20.19 to $79.45

CirclFi's 9 active models place Walmart Inc. (WMT) between $20.19 and $79.45 per share, a spread of 179% of the median. The median of that range — $33.04 — is the fair value CirclFi publishes for WMT, against a current price of $102.63.

Low · EROICHigh · Regime Cross
$20.19median $33.04$79.45
Where the range comes from
Most bearish modelEROIC Spread$20.19
Most bullish modelRegime Cross-Sectional$79.45
Model agreement0 bullish · 9 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for WMT. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on WMT, not a CirclFi price target. How each model works →

What Is Walmart Inc. (WMT) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Walmart Inc.'s intrinsic value is estimated at $33.04. Trading at its current price of $102.63, the valuation engine raises significant caution: 9 of 9 models flag downside risk, projecting a median implied return of -67.8%. Model dispersion is worth noting: Regime Cross targets $79.45 (-22.6%), versus EROIC at $20.19 (-80.3%). This +57.7% range highlights the importance of multi-model analysis rather than relying on any single methodology. Among models with highest confidence, Bayesian DCF, EPV, EROIC lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About WMT?

9 of 13 models are currently active for WMT. All 9 active models suggest the stock trades above fair value. Taken together, their median fair value for WMT is $33.04 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $26.86 on its own, implying -73.8% downside from the current price. See which stocks rank higher →

How Does WMT Rank in Discount Stores?

Among 9 Discount Stores stocks, WMT ranks #4 by Quality of Company score. CirclFi's QOC score of 8.4/10 evaluates 32 fundamental signals. A score of 8.4 places WMT in the top tier.

Walmart Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is WMT a Value Trap?

CirclFi's Value Trap algorithm assigns WMT a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

9 of 13 models are active for Walmart Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Walmart Inc. scores 8.4 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +57.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every WMT valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across WMT's 9 active models, average confidence is 57%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Walmart Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Discount Stores Stocks Should You Also Analyze?

8 related Discount Stores stocks with 13-model coverage

COSTCostco Wholesale CorporationQOC 8.9BJBJ's Wholesale Club Holdings, Inc.QOC 8.6PSMTPriceSmart, Inc.QOC 8.5OLLIOllie's Bargain Outlet Holdings, Inc.QOC 8.3TGTTarget CorporationQOC 8.0DGDollar General CorporationQOC 8.0DLTRDollar Tree, Inc.QOC 7.9TBBBBBB Foods Inc.QOC 5.6

Read investment analysis: COST · BJ · PSMT · OLLI · TGT · DG · DLTR · TBBB

Which Other Stocks Have a Similar Quality Score to WMT?

7 companies across all industries closest to WMT’s Quality of Company score of 8.4/10.

MTDRMatador Resources CompanyQOC 8.4PBFSPioneer Bancorp, Inc.QOC 8.4CFRCullen/Frost Bankers, Inc.QOC 8.4ROKURoku, Inc.QOC 8.4CHDChurch & Dwight Co., Inc.QOC 8.4MASMasco CorporationQOC 8.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: MTDR · PBFS · CFR · ROKU · CHD · MAS · NVDA

What Else Do Investors Ask About Walmart Inc.’s Valuation?

What is Walmart Inc.'s intrinsic value in 2026?

CirclFi puts Walmart Inc. (WMT)'s intrinsic value at $33.04 — the median of 9 independent model estimates as of 2026-08-27, ranging from $20.19 to $79.45. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $26.86 on its own. The Quality of Company score is 8.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is WMT overvalued or undervalued right now?

At $102.63, 0 of 9 active models suggest WMT may be undervalued, while 9 indicate potential overvaluation. The median of all 9 fair value estimates is $33.04, 67.8% below the current price of $102.63 — a consensus view that WMT is overvalued. The assessment depends on which methodology best fits Walmart Inc.'s business model in Discount Stores.

What does a Quality of Company score of 8.4 mean for WMT?

Walmart Inc.'s QOC of 8.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on WMT?

CirclFi analyzes WMT with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 9 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on WMT?

Of the 9 models currently active on WMT, Regime Cross-Sectional is the most bullish at $79.45 per share, and EROIC Spread is the most bearish at $20.19. CirclFi's published fair value for WMT is the median of that range, $33.04, not either extreme. The gap between the two ends equals 179% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is WMT a value trap in 2026?

Walmart Inc.'s Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 9-model valuation engine, Walmart Inc. (WMT) has a median fair value of $33.04 — 67.8% below the current price of $102.63 — as of 2026-08-27.” Source: circlfi.com/stock/WMT/ · Methodology
Primary sources for this WMT valuation
  • Financial statements: Walmart Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000104169) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for WMT as of ; valuations recomputed .

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