Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data. Let's take a look at some of the names on the move today.
We can do that.
We got Bloomerg's normal NDO with us nor what are you look cant well, Let's take a.
Look at shares of Walmart. This is ticker WMT. We've been talking about this company because the top the one trillion dollar mark today, which is of course its highest level on records. So joining that one trillion dollar club here, we are also seeing that the company has undergone a massive digital transformation, has really been using tech and AI
across all of its operations. But we are hearing some speculation as to whether or not there's much upside left for this company, given the fact that it's average price target across Wall Street is one hundred and twenty four dollars and thirty seven cents, which is right near where shares closed just yesterday. But needless to say, we are still seeing shares on the rise, up as much as
two point three percent in trading today. Pretty remarkable that Walmart's price to earnings ratio is forty nine and target is just below fifteen.
Yes, very interesting, don't get it?
What else pallent here ticker PLTR. We're seeing this company on the rise, pairing but earlier up as much as twelve percent for its best dates since April. We did see twenty twenty six revenue forecast that blew things out of the water. I mean, people are really looking at this in terms of it significantly topping expectations. Fourth quarter revenue grew by seventy percent to one point four billion dollars.
Despite the companies accelerating revenue, shares are still down about twenty nine percent from its November peak, so definitely important to kind of keep in context. We're seeing shares a paleer down about thirteen percent so far this year. All right, last one and last one. Taking a look at PayPal, this stock in the red ticker PYPL. Shares are down for double digit losses earlier, hitting its worst days since
twenty twenty two and lowest levels in eight years. We did see that the company reported adjusted EPs that fell short of the analyst expectations, but what was really in focus was this new CEO announcement. We did hear that HP CEO Enrique Larez will take over the top job at PayPal from Alex Chris, whose turnaround plan has failed
to meet targets and streamline the sprawling payments business. We are also seeing that the company lost about thirty two percent last year and this year also down about twenty seven percent.
Here today the Stock Movers Report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.
