Walmart Inc. (NASDAQ:WMT) stock is trading higher on Tuesday as investors position themselves ahead of the retail company’s second-quarter 2027 earnings report scheduled for Thursday before the opening bell.
Earnings Estimates
The Street is modeling 74 cents in earnings per share on $186.82 billion in revenue. This compares to 68 cents per share on $177.40 billion recorded in the same period last year.
Options traders are pricing in a 4.56% move around the event. With Walmart carrying a $922 billion market cap, this calculation places approximately $42.1 billion of market value on the line.
Retail Sales Environment
The movement follows U.S. Census Bureau data released Friday showing July U.S. retail sales fell 0.6% monthly to $763.6 billion. Market commentator The Kobeissi Letter noted on X on Sunday that this decline missed expectations for a 0.1% increase, marking the largest monthly drop since May 2025. Nonstore retailer sales, including Amazon.com Inc. (NASDAQ:AMZN), fell 2.2%.
Walmart Stock: Key Levels To Watch
At around $115, Walmart is trading 3.3% above its 20-day SMA ($112.24) and 1.3% above its 50-day SMA ($114.42), which keeps the near-term trend constructive even as the bigger picture stays mixed. The stock is still trading 3.6% below its 100-day SMA ($120.22) and 2.1% below its 200-day SMA ($118.38), so rallies are still working through overhead supply.
RSI is the cleaner momentum read right now: at 53.79, it’s in neutral territory, suggesting the move isn’t stretched and the stock is still behaving more like a range/trend transition than a breakout.
The moving-average structure is the main longer-term caution flag: the 20-day SMA remains below the 50-day SMA (bearish), and the 50-day SMA is below the 200-day SMA after the death cross in July.
- Key Resistance: $118
- Key Support: $107
WMT Stock Price Activity: Walmart shares were up 0.47% at $114.87 on Tuesday, according to Benzinga Pro data.
Photo by Framalicious via Shutterstock