Walmart stock holds at $103.09 after Q2 beat
Published on 08/31/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Walmart Inc. (US9311421039) stock traded at $103.09 on August 28, 2026, after a fiscal second-quarter report showed $187.94 billion in revenue and $0.81 in adjusted earnings per share. The quarter beat the $0.74 consensus estimate by $0.07, while the shares remained below the early-August close of $110.71.
Beat, then reset
The most recent earnings materials point to a mixed setup for Walmart investors: sales advanced 5.9% year over year to $187.94 billion, but the next-quarter guide sits lower than the market had been looking for. Fiscal third-quarter 2027 adjusted EPS guidance stands at $0.62 to $0.64, compared with an implied $0.68 consensus in recent coverage.
That gap matters because the full-year guide still looks constructive. Management now expects fiscal 2027 constant-currency net sales growth of 4% to 5%, adjusted operating income growth of 7% to 8.5%, and adjusted EPS of $2.80 to $2.87, up from the earlier $2.75 to $2.85 range.
Consensus still leans positive
Recent analyst compilations put the average price target at $131.88, which is more than $28 above the August 28 close. The same summaries describe the stock as a moderate buy, a signal that the market is weighing near-term caution against steady profit growth and a larger earnings base.
Operationally, the company is still pushing its store-network model. One recent analysis said Walmart is using 10,000 stores as warehouse-style fulfillment nodes, a scale advantage that supports online grocery pickup, faster delivery, and broader marketplace reach.
Online grocery pickup
Online grocery pickup remains a representative example of Walmart's model. Customers order digitally and collect from store-linked inventory, which ties together traffic, convenience, and fulfillment without requiring a separate national warehouse buildout.
That model matters because it connects directly to the numbers investors are watching: $187.94 billion in quarterly revenue, $0.81 in adjusted EPS, and fiscal 2027 operating income growth targeted at 7% to 8.5%.
Current share context
Walmart stock closed at $103.09 on August 28, 2026, after trading between $102.50 and $103.40 that session. Volume reached 19.42 million shares, and the 52-week range spans $96.51 to $135.16.
As of August 28, 2026, Walmart stock is priced well below its early-August close above $110, yet the guidance and consensus numbers still leave a visible valuation gap for investors to measure against execution.
Fact box
Company: Walmart Inc.
ISIN: US9311421039
Ticker: WMT
Exchange: Nasdaq
Price (as of August 28, 2026, 4:00 p.m. ET): $103.09 USD
Market cap: $822.0 billion (as of August 28, 2026)
Sector / Industry: Consumer Staples / Multiline Retail
Index membership: S&P 500
