Walmart Inc. (NYSE: WMT) is scheduled to report its fiscal second-quarter earnings on August 20, 2026. Analysts polled by Visible Alpha expect the retail giant to post earnings per share (EPS) of $0.65, on revenue of $169.3 billion, according to data from FactSet.
Investors will be watching for updates on Walmart's e-commerce growth and its advertising business, which have been key drivers of profitability. In the previous quarter, Walmart reported U.S. comparable sales growth of 4.2%, and the company has raised its full-year guidance twice this year.
However, there are concerns about consumer spending, as inflation and higher interest rates continue to pressure budgets. Walmart has noted that customers are increasingly trading down to private labels and focusing on essentials, which could impact margins.
Analysts remain largely positive on the stock, with a consensus rating of 'Buy' and an average price target of $105, implying about 10% upside from current levels. But some caution that the stock's valuation is stretched, trading at 28 times forward earnings, above its five-year average of 24.