Bentonville, Arkansas-based Walmart Inc. (WMT) engages in the operation of retail and wholesale stores and clubs, e-commerce websites, and mobile applications worldwide. The company has a market cap of $954.4 billion and operates through Walmart U.S., Walmart International, and Sam's Club U.S. segments. Walmart operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands, among others.
WMT is expected to release its Q3 2027 earnings on Thursday, November 19, before the market opens. Ahead of the event, analysts expect the company’s EPS to be $0.64 on a diluted basis, up 3.2% from $0.62 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters.
For fiscal 2027, analysts project the company’s EPS to be $2.88, up 9.1% from $2.64 in fiscal 2026. Moreover, its EPS is expected to rise by roughly 11.8% year over year (YoY) to $3.22 in fiscal 2028.
WMT stock has surged 14.2% over the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 12.3% rise and the State Street Consumer Staples Select Sector SPDR ETF’s (XLP) 10% rise during the same time frame.
On Oct. 15, WMT stock rose 1.5% following an upgrade from Deutsche Bank. Walmart was upgraded from “Hold” to “Buy”, along with an increase in its price target from $113 to $136 as well. The upgrade happened following WMT management’s comments about persistent inflation reinforcing the retailer's value proposition and accelerating grocery market-share gains. Additionally, the bank observed that higher-margin revenue streams, including digital advertising, marketplace merchant services, and memberships, are outgrowing core retail operations. Additionally, the company’s supply-chain automation is also set to expand incremental profit margins.
Analysts are highly optimistic about WMT, with the stock having a “Strong Buy” rating overall. Among the 39 analysts covering the stock, 30 are recommending a “Strong Buy,” six recommend a “Moderate Buy,” and three recommend a “Hold.” WMT’s average analyst price target is $129.26, indicating an upside of 8.3% from the current level.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.