Walmart FY2026 EPS Estimate Reduced by Telsey Advisory Group

Walmart Inc. (NYSE:WMT) – Equities research analysts at Telsey Advisory Group reduced their FY2026 earnings per share estimates for Walmart in a report issued on Thursday, November 20th. Telsey Advisory Group analyst J. Feldman now expects that the retailer will post earnings per share of $2.63 for the year, down from their previous estimate 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.

Several other analysts also recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. lifted their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday. Wells Fargo & Company set a $120.00 target price on Walmart and gave the stock an “overweight” rating in a report on Friday. Royal Bank Of Canada reissued an “outperform” rating and set a $116.00 price target on shares of Walmart in a research report on Friday. Finally, Evercore ISI restated an “outperform” rating and issued a $115.00 price objective (up from $111.00) on shares of Walmart in a report on Friday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.55.

Walmart Price Performance

Shares of WMT stock opened at $103.85 on Monday. The company has a market capitalization of $827.98 billion, a P/E ratio of 39.04, a P/E/G ratio of 4.83 and a beta of 0.67. The company’s 50-day simple moving average is $103.53 and its two-hundred day simple moving average is $99.96. Walmart has a one year low of $79.81 and a one year high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter last year, the firm posted $0.58 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC grew 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 buying an additional 104,488,610 shares during the last quarter. Norges Bank acquired a new stake in Walmart in the second quarter worth about $5,367,770,000. Nuveen LLC purchased a new stake in shares of Walmart during the first quarter worth about $2,532,331,000. Laurel Wealth Advisors LLC increased its holdings in shares of Walmart by 9,648.7% during the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after acquiring an additional 11,368,549 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, 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 completion of the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the sale, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 151,013 shares of company stock valued at $15,616,747. 0.10% of the stock is currently owned by insiders.

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.