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Content generated by AI editorial engine. Written by Stock Expert AI's research desk with AI assistance. Figures come from FMP data and the official sources cited in the article.

Walmart Inc.
WMT - NASDAQ - $125.66 (as of ) ▲ +0.11%
-
Earnings Thu 19 Nov

Walmart opens the
books on Thursday evening.

The median of 17 price targets is $1301, stock is $126, +3.5% vs the analyst consensus median.

↓ summary below
Quick Take - in 40 seconds ·
B
Council 3/6 - Historical V1 score 44

B — FMP rating1. Form 4: 6 transactions1.

Quick Answer

Walmart Inc. (WMT) Q3 consensus: revenue $187.2B1, EPS $0.641. 1 consecutive quarters of beat1.

Detailed analysis below ↓
$0.64 EPS Estimate Last year $0.62 - +3% YoY
1 Beat Streak Expectations beaten consecutively for the last 1 quarters

Q2 FY27 EPS $0.81 vs $0.74 estimate: beat (+9.5%)1. Stock move on the next trading day: -0.1%1.

Next report

What to watch in Q3 FY27 (Nov 19, 2026)

  • EPS: consensus $0.64, against $0.62 in the same quarter a year ago (+3%).
  • Revenue: consensus $187.2B.

Watchlist

5 metrics stand out this quarter.

75 Expectation / Guide

Fy26 Sales Growth Guidance

Walmart is raising its full-year sales growth guidance to a range of 3.75% to 4.75%.

"Today, we're raising our full-year sales growth guidance in constant currency by 75 basis points to a range of 3.75% to 4.75% growth."

- John David Rainey, CFO - Q2 FY26 Earnings Call - August 21, 2025
26% Investor Focus

Wmus Ecommerce Growth

Walmart U.S. e-commerce sales grew 26%, stepping up from the low 20% growth range we delivered over the prior four quarters.

John David Rainey, CFO - Q2 FY26 Earnings Call - August 21, 2025
25% Investor Focus

Ecommerce Growth

Walmart's e-commerce sales increased 25% year-over-year, driven by strong customer demand.

John David Rainey, CFO - Q2 FY26 Earnings Call - August 21, 2025
50% Investor Focus

Advertising Growth

Walmart's advertising business globally increased nearly 50% including Visio.

John David Rainey, CFO - Q2 FY26 Earnings Call - August 21, 2025
15% Investor Focus

Membership Income Growth

Membership fee income was up over 15% across the enterprise.

John David Rainey, CFO - Q2 FY26 Earnings Call - August 21, 2025

Stock Expert AI - Methodology

Do our scoring pillars, 6 perspectives, and Munger lens point in the same direction?

Historical V1 score 44 / 100

Historical V1 earnings-model score (archived, Nov 9, 2026) — not the current MoonshotScore. Current MoonshotScore: WMT stock page

multi-pillar methodology. Cash Runway and Price Momentum strong. Revenue Growth weak.

How is it calculated? ->
Revenue Growth2.0Q2 vs Q3: moderate growth (+4.7%)
Gross Margin3.0Q2: low margin (26.1%, capital-intensive or commodity)
Operating Leverage0.0op margin weak (5.0%, under pressure)
Cash Runway8.0FCF positive but absorbed ($7.5B vs $7.5B CapEx)
R&D Intensity3.0low R&D investment (0.0%, weak innovation)
Insider Activity3.0Q2 FY27: large net selling (-$23.3M, watch)
Price Momentum7.0RSI 63.8 positive momentum, 50d above
News Sentiment9.0strong buy consensus (88%)
Council Score 3 / 6 Bullish

6 investor frameworks. 3 bullish (Ray Dalio, Ken Griffin, Buffett), 0 bearish (none), 3 neutral (Jim Simons, Klarman, Munger).

How is it calculated? ->
Ray Dalio macro - target upside +3.5%
Ken Griffin flow - 50d MA above
Jim Simons quant - RSI 64
Klarman value - target upside +3.5%
Buffett quality - ROE score 5/5
Munger valuation - target upside +3.5%
Munger's Mindset character & balance sheet lens
Fairly Valued

Quality business, trading at fair value.

How is it calculated? ->
Financial HealthModerate
Margin of SafetyWeak
Interest CoverageAdequate
ROIC vs WACCHealthy
Technical Levels - Pre-earnings positioning

What levels is the stock being tested at?

RSI(14)
63.8 RSI 63.8 positive momentum, 50d above
MACD
+11.30 price above 50d - support positive
50d MA
$113 stock 11.3% above - short-term support
200d MA
$119 stock 5.8% above - long-term support
Volume (10d)
-3% decrease - low participation
Resistance
$130
Analyst median target - upgrade trigger if broken
Current
$126
Pre-earnings position
Support
$101
Invalidation - close below this is a technical breakdown
Pattern
Range
$101-$130 band - earnings breakout/breakdown trigger

Past Performance

4 quarters shown.

BEAT
Q3 FY26
$0.62 vs $0.60 est · Next-day price move: -1.7%
BEAT
Q4 FY26
$0.74 vs $0.73 est · Next-day price move: -1.5%
IN LINE
Q1 FY27
$0.66 vs $0.66 est · Next-day price move: -0.9%
BEAT
Q2 FY27
$0.81 vs $0.74 est · Next-day price move: -0.1%

Q2 FY27 (August 20, 2026) EPS $0.81 vs $0.74 estimate: beat (+9.5%)1.

Three scenarios: what could happen?

EPS < $0.62 (no guidance)
Backlog concentration

No RPO/backlog concentration disclosed in Q2 earnings call.

Insider trading signal

Form 4 Q2 FY27: 6 transactions, net -$23.26M1.

Executive Action Amount Date
Bartlett Daniel J Executive Vice President Sale -$416.6K 2026-11-03
Kumar Suresh Chief Technology Officer Sale -$20.49M 2026-11-03
Furner John R. director, President & CEO Sale -$853.0K 2026-10-16
Furner John R. director, President & CEO Sale -$729.9K 2026-10-16
Watkins Latriece Executive Vice President Sale -$575.0K 2026-10-16
Nicholas Christopher James Executive Vice President Sale -$192.5K 2026-10-16
Net 6 transactions (6 sales, 0 purchases) -$23.26M Q2 FY27

6 transactions · 6 sales / 0 purchases = net negative flow. Not large in absolute terms against a $1.00T market cap.

CapEx shock

Q2 CapEx $7.5B1. Q2 op margin 5.0%1 - this level in Q3 is sensitive to CapEx revision risk.

Framework - Position discipline

After the data arrives: 3 scenarios, 3 windows

Not advice - a structural framework for earnings night. Decision discipline is yours.

Scenario A - Beat
Q3 EPS > $0.64 + CapEx discipline
Threshold: EPS > $0.641.
Target: Break above median target $1301; high target $1551 upper bound.
Scenario B - In-Line
EPS approx $0.64 + CapEx < $7.5B
Threshold: EPS approx $0.641, Q3 CapEx < $7.5B1.
Target: Consolidation in the band between current $1261 and median $1301.
Scenario C - Miss
EPS < $0.62 or CapEx >= $7.5B
Threshold: EPS < $0.621.
Current price $126 — above SMA200 $1191.

Market Outlook

What do analysts say? 17 price targets · 43 ratings

Wall Street Consensus
$130
12-month median target price (+3.5% gap to the analyst consensus median)
38
BUY
4
HOLD
1
SELL
Risk Management
$101
Invalidation level - critical support threshold
$113 - 50-day MA (above, +11.3%)
$119 - 200-day MA (above, +5.8%)
IV Crush risk (sudden drop in inflated option premiums before earnings): Option premiums are inflated before earnings.
Verdict - WMT Q3 FY27
B

You read it in 5 minutes. When the numbers come out on Thursday evening - you know what you're looking at.

Data arrives at night. The framework is ready now.

Data arrives on Thursday evening. The framework is ready on this page: Q3 EPS threshold $0.641, CapEx threshold "below $7.5B". Two anchors, three scenarios.

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Educational tool, not investment advice. Past performance does not guarantee future results.

Calendar

Catalyst Calendar - 90-day forward look

Nov 19, 2026EARNINGSQ3 FY27 results (after market close) + earnings call
Nov 20, 2026PRICEFirst trading day after earnings - 200dMA test + IV crush
Dec 10, 2026 – Dec 15, 2026FILING10-Q due within 40–45 days of quarter end (by Dec 10, 2026 – Dec 15, 2026); the exact deadline depends on filer status
~Feb 19, 2027EARNINGSQ4 FY27 (next quarter, date not yet scheduled in FMP)

DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.

Frequently Asked Questions

What does the WMT Q3 FY27 earnings preview cover?

This Walmart Inc. (WMT) Q3 FY27 earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.

What should investors watch for in WMT Q3 FY27 earnings?

Walmart Inc. (WMT): Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.

Where do the numbers on this page come from?

Walmart Inc. (WMT): Figures are sourced from Financial Modeling Prep (FMP) fundamentals and consensus data plus official earnings-call transcripts; derived metrics are labeled with their source next to each figure.

Is this a buy or sell recommendation?

Walmart Inc. (WMT): No. This page is educational research, not investment advice. It summarizes analyst consensus and company data; consult a licensed financial advisor before making any investment decision.

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