HSBC sets USD 42 target for Walmex stock

Published on 10/16/2026 at 09:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walmex stock costs EUR 2.33 on October 16, 2026 at Lang & Schwarz during trading. Results are due October 27, 2026 after Q2 revenue of MXN 250.95 billion.

Analyst view and operating data

HSBC set a USD 42 price target and Reduce rating for Walmex on September 8, 2026.
Second-quarter 2026 revenue reached MXN 250.95 billion and diluted earnings per share were MXN 0.65.
Walmex stock traded at EUR 2.33 at 9:38 a.m. CEST at Lang & Schwarz on October 16, 2026.

Walmex, MX01WA000038, Illustration mit AI erstellt.

Walmex (ISIN MX01WA000038) traded at EUR 2.33 at Lang & Schwarz at 9:38 a.m. CEST on October 16, 2026. The latest analyst action came from HSBC, which downgraded the company to Reduce and set a USD 42 price target in a research note dated September 8, 2026, according to MarketBeat.

HSBC takes a cautious view

The target places the analyst view against a softer consumer backdrop in Mexico. Yahoo Finance reported that Barclays cut a target from MXN 66 to MXN 63 and that HSBC assigned a USD 42 target, while Barclays also cited margin resilience during the second quarter. These figures describe different currencies and are not combined with the euro quotation.

What does the second quarter show?

Walmex reported revenue of MXN 250.95 billion for the quarter ended June 30, 2026, compared with a consensus estimate of MXN 250.59 billion, according to TickerLandia. Diluted earnings per share were MXN 0.65 against an estimate of MXN 0.64. Net income was MXN 11.15 billion for the same period, while operating cash flow reached MXN 18.33 billion in the structured quarterly figures.

Results date is October 27

The company lists October 27, 2026, as the date for its third-quarter 2026 results. Its investor-relations page also identifies the second-quarter 2026 results and the 2025 annual report as key financial materials, while the business operates in Mexico and five Central American countries, according to Walmex.

Stock stays tied to the next report

The combination of a USD 42 analyst target, second-quarter revenue of MXN 250.95 billion and the October 27 reporting date gives investors three concrete reference points for the coming update. The scheduled report will provide the next periodized test of sales growth, earnings and operating cash flow.

Walmex was trading at EUR 2.33 at Lang & Schwarz on October 16, 2026 at 9:38 a.m. CEST.

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