Walgreens Boots Alliance, Inc. (WBA) stock trades at $11.98 after hours on NASDAQ on 02 Jan 2026, with unusually high activity: volume 452081061.00 versus average 16940296.00. This heavy after-hours flow puts WBA stock in the most active category as investors digest recent quarterly updates, valuation gaps, and analyst targets. We examine earnings signals, key ratios such as EPS -7.29 and PE -1.64, liquidity and sector context in the United States (USD) market, and what could move the stock next as trading continues off regular hours.
Market snapshot and session context
Walgreens Boots Alliance, Inc. (WBA) is trading on NASDAQ in the United States at $11.98 after hours on 02 Jan 2026, up 0.50% intraday. Market cap is $10369421068.00 and shares outstanding are 865561024.00. Relative volume is 26.69, signaling outsized interest today under the “most active” screen. For news cross-checks see Nasdaq and MarketBeat coverage for ownership and dividend history source source.
Recent earnings and revenue trends
WBA reported mixed quarterly metrics this year with several bmo and amc updates; the most recent fiscal windows show revenue beats in prior releases, including $39,459,000,000.00 revenue on 2025-01-10 and EPS 0.51 versus estimate 0.37. Analysts expect revenue around $36,718,818,320.00 for the fiscal period ending 2025-05-27 and EPS estimate 0.34 on the 2025-06-26 announcement (bmo). These figures connect directly to today’s active trading as investors price in near-term topline stability.
Valuation and financial metrics
WBA’s trailing EPS is -7.29 and trailing PE is -1.64, reflecting recent non-GAAP swings and legacy impairment impacts. Price/Book is 1.44 and enterprise value is $38637421068.00, giving EV/Sales 0.25 and P/FCF 17.88. Key balance ratios: debt/equity 4.04, current ratio 0.60, and interest coverage -6.13, which highlight leverage and short-term liquidity pressure in the U.S. healthcare retail sector.
Technicals, volume and trading signals
Technically WBA shows an RSI at 100.00 and ADX at 50.00, indicating a strong short-term trend and elevated momentum during the session. Price sits above the 50-day average 11.66 and 200-day average 10.81, while on‑book volume is 452081061.00 versus avg 16940296.00, confirming the most active status. For traders, the $11.60–$12.26 Keltner band range gives a practical intraday guide to after-hours support and resistance.
Meyka AI grade and model forecast
Meyka AI rates WBA with a score out of 100: total score 63.38, Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects $8.36 for WBA, which implies downside of -30.22% versus the current $11.98; consensus analyst target median is $10.50 (implied -12.35%). Forecasts are model-based projections and not guarantees. Investors should weigh model output against the company’s leverage and cash flow metrics.
Risks, catalysts and sector context
Primary risks include high debt-to-equity 4.04, negative trailing EPS and interest coverage constraints. Catalysts that could improve sentiment: clearer free cash flow improvements, cost cuts, or strategic asset moves. The healthcare retail sector is showing mixed performance; WBA’s retail pharmacy footprint and specialty pharmacy services are structural advantages, but execution on margins and debt reduction will determine upside.
Final Thoughts
Key takeaways: Walgreens Boots Alliance, Inc. (WBA) is trading heavy after hours on NASDAQ at $11.98 on 02 Jan 2026 and sits between the 50-day average $11.66 and 200-day average $10.81. Volume today of 452081061.00 versus average 16940296.00 makes it one of the most active NASDAQ names and signals elevated attention. Valuation shows a mixed picture: price/book 1.44 and EV/Sales 0.25 are attractive while EPS -7.29 and interest coverage -6.13 underline earnings and leverage concerns. Analyst consensus target $10.50 implies -12.35% versus the current price, while Meyka AI’s forecast projects $8.36, implying -30.22%; forecasts are model-based projections and not guarantees. For investors, the immediate decision hinges on risk tolerance for leverage, near-term earnings recovery, and whether operational improvements start to show in free cash flow. Meyka AI, our AI-powered market analysis platform, flags a HOLD grade while recommending monitoring upcoming earnings and cash flow progression closely.
FAQs
WBA moved after hours on NASDAQ primarily because of heavy volume 452081061.00 and follow‑through from recent earnings updates and analyst coverage. Large relative volume suggests institutional flows and news digestion in the after-hours session.
Consensus price target median for Walgreens Boots Alliance is $10.50, with a high of $12.00 and low of $9.00. That median implies about -12.35% versus the current $11.98 price.
Meyka AI rates WBA with a score out of 100: 63.38, Grade B, Suggestion: HOLD. The grade factors in S&P 500 comparison, sector, financial growth, key metrics, and analyst consensus; it is informational, not financial advice.
Meyka AI’s forecast model projects $8.36 for WBA, implying downside near -30.22% versus $11.98. This projection is model-based and should be used with other company and market information.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
About Author

Danny Kontos
Co FounderDanny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.
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