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Walmart Inc. (NASDAQ:WMT) is included among the 10 Best Inflation-Hedge Stocks to Buy for 2026.

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On May 7, TD Cowen analyst Oliver Chen raised the firm’s price recommendation on Walmart Inc. (NASDAQ:WMT) to $150 from $145. It reiterated a Buy rating on the stock. In a research note, the analyst said Walmart looks set for a solid Q1, helped by steady grocery demand and easier comparisons in general merchandise. TD Cowen added that while results could come in ahead of expectations, the company may still stick with its current outlook.

A CNBC report published on May 7 said Walmart has been drawing in more higher-income shoppers as inflation continues to pressure household budgets. Consumers earning more than $100,000 a year have been a major driver of the company’s recent market share gains. The report also noted that Walmart has been making changes aimed at appealing to those shoppers. The company has upgraded stores, improved its private-label products, and expanded its fashion selection in recent quarters.

Walmart has also continued investing in its online marketplace, delivery network, and Walmart+ membership program as it pushes for a more convenient shopping experience. Analysts said the company’s focus on value and convenience has helped it keep those higher-income customers coming back. Broader product selection has also played a role, and most analysts remain positive on the stock’s outlook.

Walmart Inc. (NASDAQ:WMT) operates retail stores, wholesale clubs, eCommerce websites, and mobile apps across multiple countries, including the U.S., Canada, China, India, Mexico, and parts of Africa and Central America. The company reports results through three main segments: Walmart U.S., Walmart International, and Sam’s Club U.S.

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