GBM forecasts 2 percent sales growth: HSBC target for Walmex stock is USD 42

Published on 10/20/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walmex stock costs EUR 2.44 on October 20, 2026. Q2 revenue reached MXN 250.95 billion before October 27 results.

Sales outlook and analyst target

Actinver projected 2 percent sales growth for Walmex in the third quarter on October 18, 2026.
Second-quarter revenue reached MXN 250.95 billion versus MXN 250.19 billion expected.
Walmex stock trades at EUR 2.44 at 11:09 a.m. CEST at Lang & Schwarz on October 20, 2026.
HSBC set a USD 42 price target on September 8, 2026.
Walmex is scheduled to report third-quarter results on October 27, 2026.

Walmex, MX01WA000038, Illustration mit AI erstellt.

Walmex (ISIN MX01WA000038) faces a mixed third-quarter setup: Actinver projected 2 percent sales growth for the retailer, while the latest market view points to pressure on profitability. Bloomberg Linea reported the estimate on October 18, 2026. For investors, the October 27 report will show whether sales growth is reaching earnings.

Sales outlook points to pressure

Walmex reported second-quarter 2026 revenue of MXN 250.95 billion. TradingView said the figure exceeded its MXN 250.19 billion estimate, a difference of MXN 0.76 billion, or 0.30 percent.

The earnings base was less comfortable. Net income for the second quarter of 2026 was MXN 11.15 billion, compared with MXN 12.50 billion in the first quarter, while diluted earnings per share were MXN 0.65 and MXN 0.72, respectively. These figures put operating efficiency ahead of sales volume in the next report.

Three dates frame the story

On July 22, 2026, Walmex reported second-quarter revenue of MXN 250.95 billion. On September 8, 2026, HSBC downgraded Walmex to Reduce and set a USD 42 price target, according to MarketBeat. On October 18, 2026, Bloomberg Linea reported Actinver's 2 percent sales-growth estimate for the third quarter.

What does October 27 test?

Walmex is scheduled to report third-quarter 2026 results on October 27, 2026, according to the company's investor-relations calendar. The key comparison will be sales growth against profit conversion, because the second-quarter revenue figure exceeded the MXN 250.19 billion estimate while second-quarter net income stood below the first-quarter result.

The stock quote in euros

Walmex stock was trading at EUR 2.44 at Lang & Schwarz on October 20, 2026 at 11:09 a.m. CEST. The quote is an intraday indication for German investors, while the primary listing is on the BMV in Mexico and trades in MXN. The current setup therefore combines a dated euro quote with a near-term earnings date and a USD 42 analyst target.

The further course of trading is shown by the continuously updated real-time quote of Walmex stock.