Overview
- Walmart’s market capitalization topped $1 trillion on Feb. 3 after an intraday stock gain, marking a first for a brick‑and‑mortar retailer.
- Shares are up roughly 13% in 2026 and about 40% since early 2025, extending a multi‑year revaluation tied to its digital pivot.
- Walmart’s transformation features heavy AI investment, partnerships with Google’s Gemini and OpenAI for shopping tools, and a growing Walmart Connect ads business.
- The company moved its listing to Nasdaq and joined the Nasdaq‑100 in January 2026, underscoring its technology‑tilted strategy and investor base.
- Recent fundamentals include fiscal Q3 2026 revenue of about $179.5 billion, up 5.9% year over year, as new CEO John Furner takes the helm and analysts weigh rich valuation ahead of results expected later this month.