Cyber Week Sales Forecast: Salesforce predicts a 6% increase in global Cyber Week sales to $334 billion, with U.S. sales expected to reach $78 billion. AI-driven shopping is projected to influence $73 billion in online sales, accounting for 22% of orders during this period.
Impact of AI on Retail: The use of AI and agents in retail is expected to enhance conversion rates, reduce customer service costs, and improve inventory management, driving 21% of all global holiday orders this year, totaling $263 billion.
Emerging AI Tools: Perplexity is partnering with PayPal to launch a free agentic shopping tool that allows users to shop from over 5,000 merchants, highlighting the growing trend of AI in retail.
Key Retailers and ETFs: Major retailers like Amazon, Walmart, and Alibaba are leading the adoption of agentic AI, which also benefits tech companies like Nvidia and Microsoft. Related ETFs include VanEck Retail ETF and ProShares Online Retail ETF.
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 90.390
Low
Averages
High
Current: 90.390
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
