Walmart (NASDAQ:WMT) Updates FY 2027 Earnings Guidance

Posted by Francis Steltz on Aug 21st, 2026

Walmart logo Walmart (NASDAQ:WMT – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 2.800-2.870 for the period, compared to the consensus 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.

Walmart Price Performance

Shares of Walmart stock opened at $103.84 on Friday. Walmart has a 52 week low of $95.42 and a 52 week high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The company’s 50-day moving average price is $113.69 and its two-hundred day moving average price is $121.39. The stock has a market cap of $826.37 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 4.27 and a beta of 0.61.

Walmart (NASDAQ:WMT – Get Free Report) last announced its 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 return on equity of 21.25% and a net margin of 3.13%.The company had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.62 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. Walmart’s revenue for the quarter was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts anticipate that Walmart will post 2.88 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on WMT. BNP Paribas Exane decreased their target price on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Erste Group Bank lowered shares of Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Truist Financial set a $140.00 price objective on shares of Walmart in a report on Thursday, May 21st. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Finally, Evercore reissued an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $138.26.

Get Our Latest Research Report on WMT

Insider Activity

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $118.19, for a total value of $342,751.00. Following the completion of the sale, the executive vice president owned 574,953 shares in the company, valued at approximately $67,953,695.07. This trade represents a 0.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the transaction, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. 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 three months, insiders sold 54,164 shares of company stock valued at $6,389,402. Corporate insiders own 0.09% of the company’s stock.

Key Stories Impacting Walmart

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, exceeding consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart quarterly earnings report
Positive Sentiment: Growth businesses remained strong: global e-commerce sales rose 23%, advertising revenue increased 38% and global membership revenue grew 17%. Gross-profit margin also improved, helped partly by tariff-related benefits. Walmart revenue growth release
Positive Sentiment: Management raised its full-year fiscal 2027 outlook and expects to use approximately $2.9 billion in tariff refunds to support price cuts, potentially strengthening Walmart’s value proposition with financially pressured shoppers. Walmart tariff refund price cuts
Neutral Sentiment: Some analysts view the selloff as a potential entry point, citing Walmart’s scale, international operations, digital growth, advertising business and margin gains. However, its roughly 36 times earnings valuation leaves less room for execution disappointments. Walmart post-earnings buying opportunity
Negative Sentiment: U.S. comparable sales increased just 2.6%, below expectations near 3.5% and the weakest growth in more than six years. Investors interpreted the result as evidence that higher energy costs and inflation are forcing consumers to reduce or reprioritize spending. Reuters Walmart sales miss article
Negative Sentiment: Fiscal third-quarter guidance was below Wall Street expectations: EPS of $0.62–$0.64 versus an estimated $0.68, and revenue of $183.1–$184.5 billion versus approximately $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. Investopedia Walmart guidance article
Negative Sentiment: Gordon Haskett downgraded Walmart from “buy” to “accumulate,” reinforcing concerns that the stock’s premium valuation is vulnerable to slower U.S. sales growth and margin pressure from price investments.

Institutional Trading of Walmart

Several institutional investors and hedge funds have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. grew its holdings in Walmart by 55.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 25,241 shares of the retailer’s stock valued at $2,813,000 after buying an additional 9,041 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Walmart in the fourth quarter valued at about $50,000. Alpine Woods Capital Investors LLC acquired a new position in shares of Walmart in the fourth quarter valued at about $269,000. Strive Financial Group LLC bought a new position in Walmart during the fourth quarter worth about $2,522,000. Finally, Ameriflex Group Inc. raised its stake in Walmart by 38.3% in the 4th quarter. Ameriflex Group Inc. now owns 7,834 shares of the retailer’s stock worth $873,000 after purchasing an additional 2,168 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

About Walmart

(Get Free Report)

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.