One of the most notable brick-and-mortar retailers in the United States, Walmart (WMT), has recently been predicted to “radically outperform” Amazon (AMZN) in 2025. Indeed, one Wall Street expert is predicting big things for the company as it looks to build off of strong data last year.
Both companies have performed well in 2024, but one is slated to have a better year ahead. According to one analyst, Walmart is continuing to infringe on the e-commerce space that Amazon has dominated for years. Ultimately, it will result in investors being rewarded.
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There is no denying the continued shift of modern shoppers to a more digitized approach. In 2023, online shopping sales reached a remarkable $1.119 trillion after a surge due to the COVID-19 pandemic. As those habits aren’t expected to change, Wall Street is leaning more toward companies firmly embracing it.
Interestingly, this year could represent a stark shift for the stock market. Indeed, Walmart is expected to “radically outperform” Amazon in 2025, en route to a monster year. Specifically, Fitz-Gerad Group CIO Keith Fitz-Gerald spoke to Fox Business on his expectations for the massive shift.
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Additionally, Fitz-Gerald projects a “renewed confidence in that particular brand,” with sales going up over the course of the year. The development is strictly connected to the online sales increase. Through the last year, Walmart encroached heavily on Amazon’s hold on e-commerce market share.
The last twelve months have made Walmart immensely attractive. One look at the financials tells these tory of a company thriving. Over the last year, net income at Walmart has increased 910%, with its earnings per share up 913%, according to CNN data. With 90% of analysts giving the stock a buy rating, it holds a high-end price target of $110, 20% above its current price.