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Analyses / AMZN vs WMT

AMZN vs WMT

A head-to-head on Amazon.com Inc and Walmart Inc — valuation, the setup, and the case for each. Tap either ticker for the full trade brief.

Side by Side

AMZNWMT
CompanyAmazon.com IncWalmart Inc
Price$242.67$111.84
Today
ValuationPremium, Fair for Growthovervalued
Valuation score62/10038/100
SetupGrowth / QualityDefensive Growth + Income
Confidence7268
CategoryLarge CapLarge Cap

The Case for Each

AMZN

Bull: AWS remains dominant cloud franchise w/ accelerating AI workloads. Retail margin expansion (11.2% operating margin) + advertising growth provide secular upside. 27.96% 5Y EPS growth + 13.2% 5Y revenue growth outpace S&P 500. Trading ~13% below 52-week high ($278.56); consolidating after solid uptrend. Risk/reward improves on dips into $230–$240 zone.

Bear: Forward P/E 33.6x vs 28.8x trailing; premium to growth rate limits upside. P/FCF 339.5x signals capital intensity; free cash flow generation lags peers despite scale. Insider selling dominance (228 sales vs 88 buys) is 2.6:1 ratio—neutral-to-cautionary signal. AWS competitive pressure from Azure/GCP. Macro slowdown could hit advertising & discretionary retail harder than consensus expects.

Full AMZN analysis →

WMT

Bull: WMT is a macro hedge in uncertain times. Defensive beta (0.61) limits downside; recession-resistant earnings floor. Recent +2.8% move + 10Y outperformance narrative underscore institutional demand. Dividend yield 0.76% + 34% payout ratio leaves room for increases. Retail leadership (vs Kroger churn) + e-commerce integration support 5%+ long-term growth. At P/E 38x, premium reflects quality, not overvalue—historical WMT trades 25-40x.

Bear: Valuation is elevated: P/E 38.4x, P/B 9.9x, price-to-FCF 58.6x are all above historical norms and sector peers. EPS growth (24.2%) is unsustainably strong YoY; 5Y average 11.5% is mid-single-digit. Forward P/E 39.9x signals market pricing in continued upside—little margin for miss. Net margin 3.07% and op margin 4.18% are razor-thin; cost pressures (wages, freight) could compress further. Insider selling (213 sells vs 66 buys) suggests insiders see limited upside here.

Full WMT analysis →

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