HSBC cuts Walmex stock to Reduce with USD 42 target

Published on 10/26/2026 at 11:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walmex stock costs EUR 2.43 on October 26, 2026. Results are due October 27 after MXN 250.95 billion in second-quarter revenue.

Analyst target and reporting dates

HSBC set a USD 42.00 target and a Reduce rating on September 8, 2026.
Second-quarter same-store sales rose 1.80 percent and 21 stores opened by June 30, 2026.
Walmex stock trades at EUR 2.43 at 11:43 a.m. CEST at Lang & Schwarz on October 26, 2026.

Walmex, MX01WA000038, Illustration mit AI erstellt.

Walmex (ISIN MX01WA000038) was trading at EUR 2.43 at Lang & Schwarz on October 26, 2026 at 11:43 a.m. CEST. The latest analyst action remains HSBC's September 8 downgrade to Reduce with a USD 42.00 target, as reported by MarketBeat.

Three dates shape the stock story

The recent sequence shows a cautious market backdrop. On September 8, 2026, HSBC assigned the Reduce rating and USD 42.00 target, according to MarketBeat. On October 13, 2026, Walmex stock had fallen 14.40 percent over the preceding year, while the company maintained its expansion plan, reported El CEO. On October 26, 2026, analysts expected quarterly revenue of USD 13.88 billion and earnings of USD 0.396 per share for the period ended September 30, 2026, according to finanzen.at.

What does the operating trend show?

Walmex's second-quarter 2026 operating data point to slower store momentum. Same-store sales increased 1.80 percent after 3.10 percent in the first quarter, while net sales rose 3.10 percent to MXN 209,188 million, according to El CEO. The company also opened 21 stores in Mexico during the quarter and reached 3,351 operating units by June 30, 2026. That combination gives the October results a clear test: whether expansion can offset slower comparable-store growth.

Results arrive October 27

The next two company dates are October 27, 2026, for third-quarter results, and February 17, 2027, for fourth-quarter results, according to the Walmex investor-relations calendar. The October release will put the USD 13.88 billion revenue estimate and USD 0.396 earnings estimate against the company's reported performance.

Walmex stock at Lang and Schwarz

The current euro quotation places the emphasis on the upcoming results rather than on a new operating announcement. Walmex was trading at EUR 2.43 at Lang & Schwarz on October 26, 2026 at 11:43 a.m. CEST.

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