Walmart (NASDAQ:WMT) Issues Q3 2027 Earnings Guidance

Walmart (NASDAQ:WMT) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.620-0.640 for the period, compared to the consensus earnings per share estimate of 0.680. The company issued revenue guidance of $183.1 billion-$184.5 billion, compared to the consensus revenue estimate of $188.2 billion. Walmart also updated its FY 2027 guidance to 2.800-2.870 EPS.

Analysts Set New Price Targets

WMT has been the topic of several research reports. DA Davidson set a $132.00 price target on Walmart and gave the stock a “buy” rating in a report on Friday. Tigress Financial reissued a “buy” rating and set a $155.00 target price (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Morgan Stanley reiterated an “overweight” rating and set a $125.00 price target (down from $140.00) on shares of Walmart in a report on Friday. Royal Bank Of Canada reduced their price objective on shares of Walmart from $137.00 to $131.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Citigroup lowered their target price on Walmart from $147.00 to $132.00 and set a “buy” rating for the company in a research report on Friday. Two equities 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 assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.

Walmart Stock Performance

NASDAQ:WMT opened at $103.70 on Friday. 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 has a fifty-two week low of $95.42 and a fifty-two week high of $135.15. The company has a 50 day simple moving average of $113.35 and a two-hundred day simple moving average of $121.26. The company has a market capitalization of $825.25 billion, a PE ratio of 37.44, a P/E/G ratio of 3.94 and a beta of 0.61.

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

Insiders Place Their Bets

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. This trade represents a 8.74% decrease in their position. The sale 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 Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the completion of the transaction, the executive vice president directly owned 569,153 shares of the company’s stock, valued at approximately $60,523,730.02. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,064 shares of company stock valued at $6,697,788 over the last quarter. Company insiders own 0.09% of the company’s stock.

Walmart News Roundup

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

Several institutional investors have recently added to or reduced their stakes in the business. Birchwood Financial Partners Inc. bought a new stake in shares of Walmart in the 4th quarter valued at $50,000. Turning Point Benefit Group Inc. bought a new stake in Walmart during the 3rd quarter worth approximately $52,000. Chapman Financial Group LLC purchased a new stake in shares of Walmart in the second quarter worth approximately $59,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Walmart in the third quarter worth approximately $61,000. Finally, Ankerstar Wealth LLC bought a new position in shares of Walmart in the fourth quarter valued at approximately $64,000. 26.76% of the stock is owned by institutional investors and hedge funds.

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.