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Key Takeaways
- Walmart’s valuation reached $1 trillion today, adding the company to an exclusive club.
- The move comes as the shares have posted double-digit gains in 2026.
The trillion-dollar club has a new member.
Retail giant Walmart (WMT), which this week welcomed a new CEO, surpassed $1 trillion in market capitalization Tuesday as its shares surged. The stock was recently 3% higher as broader markets slipped. (Read Investopedia’s full coverage of today’s markets here.)
Walmart’s move into the ranks of trillion-dollar U.S. public businesses puts it in rarified company. Only 11 companies are larger, according to calculations by CompaniesMarketCap, with Nvidia (NVDA) and Alphabet (GOOG, GOOGL) the two biggest, above $4 trillion.
Shares of Walmart have risen nearly 14% in 2026. They have added more than a quarter of their value over the past 12 months as the company has made inroads with higher earners, lifting its retail market share.
Its perception with investors has also been aided by its addition to the Nasdaq 100 index, which is seen as a measure of the tech trade. Walmart has sought to be perceived as a tech firm as well as a retailer.
Walmart will close with a trillion-dollar market cap if the shares finish the day at or above about $125.47, according to a company filings from December and Investopedia calculations.
Eli Lilly (LLY), which ranks just below Walmart in market capitalization, reports quarterly results Wednesday.

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