Walmart Inc., US9311421039

Walmart stock holds near $115.27 before August 20 earnings

Published on 08/17/2026 at 18:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walmart stock is trading near $115.27 as investors wait for August 20 results and a forecast for Q2 fiscal 2027 revenue near $186.9 billion.

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Walmart Inc. (US9311421039) stock traded at $114.43 on August 17, 2026, after a $115.27 previous close, with a market cap of $917.33 billion and a 52-week range of $95.42 to $135.15.

The next test arrives on August 20, 2026, when the company is scheduled to report Q2 fiscal 2027 results. Street expectations in current coverage center on $0.74 in adjusted EPS and revenue near $186.9 billion, while company guidance points to $0.72 to $0.74 EPS and 4% to 5% constant-currency net sales growth.

Earnings set the pace

Recent coverage places Walmart's Q1 fiscal 2027 baseline at $177.75 billion in revenue and $0.66 in EPS, with revenue up 7.4% year over year and EPS matching consensus. That leaves August 20 as a clean comparison point: the current forecast implies another revenue step-up from $177.75 billion to about $186.9 billion, while EPS is expected to stay inside management's range.

That spread matters because the market has already priced in a large base. At 40.34 times earnings, Walmart is trading at a premium that leaves less room for a miss than for a modest beat.

Consumer backdrop matters

Reuters noted on August 17, 2026 that the latest U.S. retail-sales drop in nine months is pushing consumer-spending data back into the center of the Walmart debate. For a retailer with $917.33 billion in market value, even a small change in household traffic can shift how investors read the quarter.

Analyst coverage has also turned firmer into the print, with one current target update lifting the view to $135 from $137 while keeping a buy rating. The shares closed August 14, 2026 at $115.27 in that note, leaving the stock well below the target range and close to its recent trading band.

Everyday basket

Walmart's grocery and essentials mix still does the heavy lifting. The company has used that traffic to keep revenue growing in the high single digits, and the latest quarter's $177.75 billion line shows how much scale now sits behind the model.

For investors, the next report is less about a new story than about whether the current one still clears a very high bar.

Price and venue

Walmart shares on Nasdaq last traded at $114.43 on August 17, 2026, down 0.73% from the prior close of $115.27.

Fact box

Company: Walmart Inc.

ISIN: US9311421039

Ticker: WMT

Exchange: Nasdaq

Price: $114.43 USD

Price as of: August 17, 2026, 11:35 a.m. EDT

Market cap: $917.33 billion

Sector / Industry: Consumer Staples / Discount Stores

Index membership: Dow Jones Industrial Average, S&P 500

Next earnings date: August 20, 2026

More on Walmart stock

Walmart's core business still centers on groceries, household basics, and broad general merchandise across its stores and digital channels.

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Walmart shares near $115 before earnings.

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Walmart stock near earnings

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