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Walmart Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga Earnings08-20 13:29

Walmart Inc. (NASDAQ:WMT) will release its second quarter earnings report before the opening bell on Thursday, Aug. 20.

Analysts expect the Bentonville, Arkansas-based company to report quarterly earnings of 74 cents per share, up from 68 cents per share in the year-ago period. The consensus estimate for Walmart’s quarterly revenue is $186.82 billion. It reported $175.75 billion last year, according to data from Benzinga Pro.

On June 23, Walmart announced plans to acquire Vibe.co to expand access to connected TV advertising.

Shares of Walmart fell 0.8% to close at $114.30 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • DA Davidson analyst Michael Baker maintained a Buy rating with a price target of $150 on Aug. 17, 2026. This analyst has an accuracy rate of 74%.
  • Guggenheim analyst John Heinbockel maintained a Buy rating and cut the price target from $137 to $135 on Aug. 17, 2026. This analyst has an accuracy rate of 67%.
  • RBC Capital analyst Steven Shemesh maintained an Outperform rating with a price target of $137 on Aug. 12, 2026. This analyst has an accuracy rate of 60%.
  • Oppenheimer analyst Rupesh Parikh downgraded the stock from Outperform to Perform on Aug. 4, 2026. This analyst has an accuracy rate of 72%.
  • Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $150 to $155 on May 29, 2026. This analyst has an accuracy rate of 75%.

Considering buying WMT stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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