Lates News

On Wednesday, Walmart rose over 3% to $102.68. On the news front, Morgan Stanley recently released a research report maintaining a "buy" rating on Walmart with a target price of $115. The bank stated that Walmart's paid membership service Walmart+ reached a record high in July 2025, which signifies the continued effectiveness of the retail giant's strategic layout in the e-commerce field. According to Morgan Stanley's AlphaWise monthly consumer pulse survey data for July, Walmart+ had approximately 28.3 million members (adjusted for user response error to 18.4 million), equivalent to a household penetration rate of about 22% in the United States (adjusted to 14%). This figure represents an increase of 1.1 million from June, the highest record since the survey began in September 2020. Over a rolling three-month period, Walmart+'s membership grew by approximately 27% year-over-year.