Walmart (NASDAQ:WMT) Issues FY 2027 Earnings Guidance

Walmart (NASDAQ:WMT) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.800-2.870 for the period, compared to the consensus earnings per share estimate of 2.890. The company issued revenue guidance of $734.7 billion-$741.7 billion, compared to the consensus revenue estimate of $751.8 billion. Walmart also updated its Q3 2027 guidance to 0.620-0.640 EPS.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. BMO Capital Markets restated an “outperform” rating and set a $126.00 price target on shares of Walmart in a report on Friday. Gordon Haskett lowered Walmart from a “buy” rating to an “accumulate” rating in a research report on Thursday. Royal Bank Of Canada decreased their target price on Walmart from $137.00 to $131.00 and set an “outperform” rating for the company in a report on Friday. Roth Capital reaffirmed a “buy” rating on shares of Walmart in a research note on Friday. Finally, TD Cowen reiterated a “buy” rating on shares of Walmart in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $131.88.

Walmart Price Performance

Shares of NASDAQ WMT opened at $103.70 on Friday. The company has a 50 day simple moving average of $113.35 and a two-hundred day simple moving average of $121.26. Walmart has a fifty-two week low of $95.42 and a fifty-two week high of $135.15. The company has a market capitalization of $825.25 billion, a price-to-earnings ratio of 37.44, a P/E/G ratio of 3.94 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts expect that Walmart will post 2.85 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 3,710 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $113.10, for a total value of $419,601.00. Following the sale, the executive vice president directly owned 626,299 shares of the company’s stock, valued at approximately $70,834,416.90. This represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 57,064 shares of company stock valued at $6,697,788. Company insiders own 0.09% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Hedge Funds Weigh In On Walmart

Institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp grew its holdings in shares of Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares during the period. Raymond James Financial Inc. grew its stake in shares of Walmart by 0.4% during the 3rd quarter. Raymond James Financial Inc. now owns 24,990,692 shares of the retailer’s stock valued at $2,575,541,000 after purchasing an additional 93,459 shares during the period. Amundi increased its position in shares of Walmart by 20.5% during the 3rd quarter. Amundi now owns 23,497,921 shares of the retailer’s stock valued at $2,413,236,000 after purchasing an additional 4,004,277 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Walmart by 0.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 15,602,359 shares of the retailer’s stock worth $1,738,321,000 after purchasing an additional 114,154 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Walmart by 6.1% in the 4th quarter. AQR Capital Management LLC now owns 12,373,333 shares of the retailer’s stock worth $1,378,513,000 after purchasing an additional 710,161 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

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.