WMT Stock Hits Record Highs Ahead Of Q1 Results - Here Is What Analysts Expect

• WMT shares reached a record peak of $134.71, climbing 37% in the past 12 months.
• Revenue projections for Q1 stand at $186.3 billion, representing a 12% annual increase.
• 43 analysts have an average 12-month price target of $137.78, a 3% potential upside, as per Koyfin data.

Walmart's (WMT) share price rose to a record high on Tuesday, ahead of its quarterly earnings due later this week, as investors position themselves to judge the retailer’s sales growth amid worsening U.S. consumer sentiment. 

U.S. consumer sentiment reached a fresh record low in preliminary May 2026 data, with the University of Michigan's Index of Consumer Sentiment dropping to 48.2, as elevated gasoline and grocery prices, as well as global geopolitical tensions, weighed heavily on personal finances and purchasing power.

U.S. retail sales in April, for instance, advanced for the third consecutive month, according to a Commerce Department report last week; however, the 0.5% gain was not adjusted for inflation (CPI rose 0.6% month-over-month in April) and reflected larger tax refunds to higher-earning consumers. 

WMT Q1’FY27 Expectations 

Analysts expect revenue for the quarter ended April 2026 at $186.3 billion, nearly 12% higher than the same quarter last year, as per data from Fiscal.ai. 

The analysts also see earnings at $0.7 per share, compared to $0.6 per share in the same quarter last year. 

WMT Analyst Views

UBS maintained its ‘Buy’ rating and set a price target of $147. UBS expects the earnings to align with market expectations. 

TD Cowen elevated its target to $150, also rated ‘Buy.’ KeyBanc reaffirmed its ‘Overweight’ stance, highlighting the company’s market share gains.

Oppenheimer anticipates a strong quarterly performance but believes full-year outlook to be unchanged, given persistent concerns about elevated fuel expenses.

“Walmart continues to demonstrate robust operational resilience, characterized by consistent traffic gains and strong digital growth despite a challenging macroeconomic environment,” analysts at Morningstar wrote in a note earlier this month. 

WMT Retail View 

Retail sentiment on Stocktwits was ‘bullish’ with ‘high’ message volumes. 

43 analysts have an average 12-month price target of $137.78, a 3% potential upside, as per Koyfin data.

The stock has gained 38% over the past 12 months.

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