Walmart Q2 Earnings Due Thursday; Top Wall Street Analysts Weigh In

Walmart Inc. will report its second-quarter earnings before the market opens on Thursday, August 20.

Analysts expect the Bentonville, Arkansas-based company to report earnings per share of 74 cents, up from 68 cents in the same quarter last year. The consensus revenue estimate for Walmart is $186.82 billion, compared to $175.75 billion in the year-ago period.

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

Walmart shares fell 0.8% on Wednesday, closing at $114.30. Readers can access the latest analyst ratings on the Analyst Ratings page, and sort by stock ticker, company name, analyst firm, rating change, or other variables.

Here's a look at what the most accurate analysts are saying about the stock recently.

DA Davidson analyst Michael Baker maintained a Buy rating on August 17, 2026, with a price target of $150. The analyst has an accuracy rate of 74%.

Guggenheim analyst John Heinbockel maintained a Buy rating on August 17, 2026, and lowered the price target from $137 to $135. The analyst has an accuracy rate of 67%.

RBC Capital analyst Steven Shemesh maintained an Outperform rating on August 12, 2026, with a price target of $137. The analyst has an accuracy rate of 60%.

Oppenheimer analyst Rupesh Parikh downgraded the stock from Outperform to Market Perform on August 4, 2026. The analyst has an accuracy rate of 72%.

Tigress Financial analyst Ivan Feinseth maintained a Buy rating on May 29, 2026, and raised the price target from $150 to $155. The analyst has an accuracy rate of 75%.

Considering buying WMT stock? Here's what the analysts think.