Telsey Advisory Group Forecasts Walmart FY2026 Earnings

Walmart Inc. (NYSE:WMT) – Equities research analysts at Telsey Advisory Group reduced their FY2026 earnings per share (EPS) estimates for Walmart in a report issued on Thursday, November 20th. Telsey Advisory Group analyst J. Feldman now forecasts that the retailer will post earnings per share of $2.63 for the year, down from their previous forecast of $2.64. Telsey Advisory Group currently has a “Outperform” rating and a $130.00 target price on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.55 per share. Telsey Advisory Group also issued estimates for Walmart’s Q4 2026 earnings at $0.72 EPS, Q3 2027 earnings at $0.70 EPS and Q4 2027 earnings at $0.80 EPS.

WMT has been the topic of several other reports. Bank of America upped their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Guggenheim reaffirmed a “buy” rating and set a $120.00 price target (up from $115.00) on shares of Walmart in a report on Friday. DA Davidson set a $130.00 price objective on Walmart and gave the stock a “buy” rating in a report on Friday. Finally, BTIG Research reissued a “buy” rating and issued a $125.00 target price (up previously from $120.00) on shares of Walmart in a research report on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $118.55.

Walmart Trading Up 2.8%

NYSE:WMT opened at $106.97 on Monday. The stock has a market cap of $852.84 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company’s 50 day moving average price is $103.60 and its 200-day moving average price is $100.03. Walmart has a 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS.

Institutional Investors Weigh In On Walmart

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Walmart by 0.9% in the third quarter. Vanguard Group Inc. now owns 435,652,710 shares of the retailer’s stock worth $44,898,368,000 after buying an additional 3,835,200 shares during the period. State Street Corp increased its holdings in Walmart by 1.2% in the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after acquiring an additional 2,242,364 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its stake in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after acquiring an additional 104,488,610 shares during the period. Geode Capital Management LLC raised its stake in Walmart by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after acquiring an additional 263,718 shares during the period. Finally, Norges Bank purchased a new position in Walmart during the second quarter valued at approximately $5,367,770,000. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the transaction, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 151,013 shares of company stock worth $15,616,747 in the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.