Walmart (NASDAQ:WMT – Get Free Report) had its price target reduced by investment analysts at UBS Group from $141.00 to $130.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the retailer’s stock. UBS Group’s target price would suggest a potential upside of 26.58% from the company’s current price.
WMT has been the topic of several other research reports. Wolfe Research reaffirmed an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Friday. TD Cowen reissued a “buy” rating on shares of Walmart in a research note on Friday. Cantor Fitzgerald raised Walmart to a “buy” rating in a report on Friday. DA Davidson set a $132.00 price objective on shares of Walmart and gave the company a “buy” rating in a research note on Friday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $134.24.
View Our Latest Report on Walmart
Walmart Stock Performance
Walmart (NASDAQ:WMT – Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.62 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The business’s revenue 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. Sell-side analysts anticipate that Walmart will post 2.88 earnings per share for the current fiscal year.
Insider Activity at Walmart
In other news, EVP Daniel J. Bartlett sold 3,775 shares of Walmart stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the transaction, the executive vice president owned 630,009 shares of the company’s stock, valued at $69,074,186.76. The trade was a 0.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the sale, 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 90 days, insiders have sold 54,164 shares of company stock worth $6,389,402. Company insiders own 0.09% of the company’s stock.
Institutional Investors Weigh In On Walmart
A number of institutional investors and hedge funds have recently modified their holdings of WMT. Bank of America Corp DE acquired a new position in shares of Walmart in the 2nd quarter worth $7,455,131,000. Norges Bank acquired a new stake in shares of Walmart during the fourth quarter worth $6,458,529,000. Legal & General Group Plc purchased a new stake in shares of Walmart during the second quarter valued at $2,905,655,000. AQR Capital Management LLC lifted its holdings in shares of Walmart by 188.1% during the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Walmart in the 2nd quarter valued at $796,677,000. Institutional investors and hedge funds own 26.76% of the company’s stock.
Trending Headlines about Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Walmart exceeded second-quarter expectations with adjusted EPS of $0.81 versus the $0.74 consensus and revenue of $187.9 billion, up 5.9% year over year. The company also raised its fiscal 2027 outlook. Walmart quarterly earnings report
- Positive Sentiment: Digital operations remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These businesses are helping offset slower growth in traditional stores. Walmart reports revenue growth
- Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to support price reductions, potentially strengthening its value proposition and customer traffic. The company will also begin accepting Apple Pay and Google Pay at Walmart and Sam’s Club stores. Walmart adds Apple Pay and Google Pay
- Neutral Sentiment: Wells Fargo, RBC, Robert W. Baird and BTIG all reduced their Walmart price targets following the earnings release, but maintained bullish ratings ranging from “overweight” to “buy.” The revisions indicate reduced near-term expectations rather than a broad change in long-term sentiment. Analysts lower Walmart forecasts
- Negative Sentiment: U.S. comparable sales grew 2.6%, well below the roughly 3.5%–3.7% analysts expected and the weakest growth in more than six years. Higher fuel and living costs are prompting consumers to cut back and make trade-offs. Reuters Walmart sales report
- Negative Sentiment: Fiscal third-quarter revenue and EPS guidance came in below Wall Street expectations. Management also cited the timing of Flipkart’s promotional event as a headwind, while price investments could pressure margins and profits in the near term. Investopedia Walmart forecast report
Walmart Company Profile
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.
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