Analysts at Jiahuang Capital Markets said after the ICR conference that as consumers increasingly switch to artificial intelligence shopping, Walmart is in an advantageous position and is expected to benefit from it. According to these analysts, Walmart believes it should win from the further popularity of AI search because the big language model will prioritize products with the best price, category, and delivery speed. These analysts said these factors would be beneficial to Walmart, particularly since Amazon doesn't seem to partner with OpenAI's ChatGPT or Google's Gemini. The analysts raised the stock's price target from $123 to $126.

Analysts at Jiahuang Capital Markets said after the ICR conference that as consumers increasingly switch to artificial intelligence shopping, Walmart is in an advantageous position and is expected to benefit from it. According to these analysts, Walmart believes it should win from the further popularity of AI search because the big language model will prioritize products with the best price, category, and delivery speed. These analysts said these factors would be beneficial to Walmart, particularly since Amazon doesn't seem to partner with OpenAI's ChatGPT or Google's Gemini. The analysts raised the stock's price target from $123 to $126.