Walmart (WMT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.81
- Estimate
- $0.74
- Surprise
- +9.3%
- Score at report (before → after)
- 4.8 → 4.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Walmart (WMT) beat the $0.74 estimate with adjusted EPS of $0.81 — a clear 9.3% upside surprise. TrendMatrix's engine moved from Hold (4.8/10) to Sell at 4.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates WMT Sell at 4.2/10.
2 of the last 4 quarters beat the estimate; this quarter's +9.3% surprise compares with a +1.7% four-quarter average. Next scheduled report: 2026-11-19.
What argues against it
- Quality below floor (3.8 < 4.0)
- Momentum score 1.9/10 — below 4.5 minimum
- Death cross — 50-day MA below 200-day MA
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $104.26
- Price target
- $116.63
- Stop
- $100.47
- Upside to target
- +11.9%
- Reward-to-risk
- 2.4:1
At 37.6× trailing and 32.3× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-03 — shown for context, not personalized investment advice.
WMT at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Discount Stores
- Market cap
- $827.17B
- P/E (fwd)
- 32.3
- P/E (ttm)
- 37.6
- 52-week range
- $98.88–$135.16
- Off 52-week high
- 22.9%
- RSI (14)
- 34
- Volume vs avg
- 1.05×
- Score today
- 4.2/10