Walmart (NASDAQ:WMT) Issues Q2 2027 Earnings Guidance

Walmart (NASDAQ:WMT) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.720-0.740 for the period, compared to the consensus EPS estimate of 0.750. The company issued revenue guidance of $182.8 billion-$184.6 billion, compared to the consensus revenue estimate of $186.2 billion. Walmart also updated its FY 2027 guidance to 2.750-2.850 EPS.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $130.85 on Thursday. The company’s 50 day moving average price is $126.91 and its two-hundred day moving average price is $119.89. Walmart has a 12-month low of $93.43 and a 12-month high of $135.15. The firm has a market cap of $1.04 trillion, a PE ratio of 47.76, a PEG ratio of 4.96 and a beta of 0.65. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts predict that Walmart will post 2.89 earnings per share for the current year.

Wall Street Analyst Weigh In

WMT has been the topic of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating and set a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Monday, April 20th. TD Cowen reissued a “buy” rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. BTIG Research lifted their price objective on shares of Walmart from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, HSBC cut shares of Walmart from a “buy” rating to a “hold” rating and lifted their price objective for the company from $122.00 to $131.00 in a research note on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Walmart has an average rating of “Buy” and a consensus target price of $138.88.

Insiders Place Their Bets

In related news, EVP Latriece Watkins sold 10,000 shares of Walmart stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $121.46, for a total value of $1,214,600.00. Following the transaction, the executive vice president directly owned 108,294 shares of the company’s stock, valued at $13,153,389.24. This trade represents a 8.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the completion of the sale, the chief executive officer owned 687,287 shares in the company, valued at $83,821,522.52. This represents a 1.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 154,065 shares of company stock valued at $19,281,401 over the last three months. 0.10% of the stock is owned by corporate insiders.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bernstein reiterated an Outperform rating, saying Walmart could benefit long term from policy support tied to the “One Big Beautiful Bill Act,” which may help drive comparable sales among higher-income consumers. Walmart Inc. (WMT) Backed by Wall Street and Louis Navellier
• Positive Sentiment: UBS reaffirmed a Buy rating and lifted its price target, citing strong e-commerce growth and Walmart’s improving digital mix. UBS Reaffirms Buy Rating on Walmart (WMT) Amid Strong E-Commerce Growth
• Positive Sentiment: Reuters reported that Walmart is widening its lead over rivals as tariffs, inflation, and tighter household budgets push shoppers toward value-focused retailers. Walmart Gains Ground as Tariffs Pressure Retail Rivals
• Positive Sentiment: Multiple previews ahead of earnings highlight Walmart’s omnichannel momentum, advertising and membership growth, and resilience as consumers seek value. Walmart Looks Strong Ahead of Q1 Earnings: Should Investors Stay Put?

Institutional Trading of Walmart

A number of hedge funds have recently added to or reduced their stakes in the stock. State Street Corp boosted its position in Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock valued at $19,046,104,000 after buying an additional 2,242,364 shares in the last quarter. Raymond James Financial Inc. boosted its position in Walmart by 0.4% in the third quarter. Raymond James Financial Inc. now owns 24,990,692 shares of the retailer’s stock valued at $2,575,541,000 after buying an additional 93,459 shares in the last quarter. Amundi boosted its position in Walmart by 20.5% in the third quarter. Amundi now owns 23,497,921 shares of the retailer’s stock valued at $2,413,236,000 after buying an additional 4,004,277 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Walmart by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 15,602,359 shares of the retailer’s stock valued at $1,738,321,000 after buying an additional 114,154 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in Walmart by 6.1% in the fourth quarter. AQR Capital Management LLC now owns 12,373,333 shares of the retailer’s stock valued at $1,378,513,000 after buying an additional 710,161 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.