Walmart (NASDAQ:WMT) Updates Q2 2027 Earnings Guidance

Walmart (NASDAQ:WMT) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.720-0.740 for the period, compared to the consensus earnings per share 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 Price Performance

Shares of NASDAQ WMT opened at $121.34 on Friday. The stock has a market cap of $967.20 billion, a price-to-earnings ratio of 44.28, a PEG ratio of 4.84 and a beta of 0.65. Walmart has a 52 week low of $93.43 and a 52 week high of $135.15. The company’s 50-day moving average price is $126.83 and its 200 day moving average price is $120.03. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, research analysts forecast that Walmart will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

WMT has been the topic of a number of research reports. Morgan Stanley increased their price objective on shares of Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Rothschild & Co Redburn set a $150.00 price objective on shares of Walmart in a research note on Tuesday, February 17th. Truist Financial set a $140.00 price objective on shares of Walmart in a research note on Thursday. Bank of America initiated coverage on shares of Walmart in a research note on Friday, February 27th. They issued a “buy” rating and a $150.00 price objective on the stock. Finally, Raymond James Financial reissued an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart has a consensus rating of “Buy” and a consensus price target of $138.91.

Insider Activity at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,250 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $133.77, for a total transaction of $167,212.50. Following the sale, the executive vice president directly owned 635,593 shares of the company’s stock, valued at $85,023,275.61. This trade represents a 0.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the sale, the executive vice president directly owned 486,764 shares in the company, valued at $62,203,571.56. This represents a 3.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 109,983 shares of company stock worth $13,908,797 over the last three months. Company insiders own 0.10% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart beat Q1 earnings and revenue estimates, driven by strong U.S. comparable sales, growing e-commerce, and rapid gains in advertising, marketplace, and membership revenue. Walmart reports revenue growth of 7.3%, up 5.9% in constant currency (cc)
• Positive Sentiment: Management reaffirmed its long-term FY2027 targets, signaling confidence in the business even as it navigates near-term volatility. WMT Q1 Earnings Call Shows Growth Amid Fuel Pressure
• Neutral Sentiment: Walmart’s digital strength remains a key theme, with analysts highlighting store-fulfilled pickup and delivery, marketplace expansion, and a growing AI-driven operating model. Walmart Earnings Call: Digital Strength, Fuel Headwinds
• Negative Sentiment: Shares are under pressure because Walmart’s guidance was cautious, with the company citing higher fuel costs and signs that lower-income consumers may pull back if gas prices stay elevated and tax-refund support fades. Walmart falls after issuing cautious guidance amid the high gas price environment
• Negative Sentiment: Walmart’s Q2 outlook missed consensus, reinforcing investor worries that fuel-driven consumer stress could slow spending and compress near-term profit growth. Walmart falls on guidance despite beating revenue estimates

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WMT. Brighton Jones LLC lifted its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Peterson Wealth Management lifted its holdings in shares of Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after acquiring an additional 1,715 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after acquiring an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. lifted its holdings in shares of Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after acquiring an additional 1,048 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.