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WMTWalmart Inc.Sell4.3·$121.12

Walmart (WMT) Q2 2026 earnings — TrendMatrix coverage

BEAT+9.3% vs estimateEPS $0.81 vs $0.74 estVerdict Hold → Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q2 2026

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.

Report record · Q2 2026

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.

Current read · as of 2026-10-23

Where TrendMatrix's rating stands now

TrendMatrix currently rates WMT Sell at 4.3/10.

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

  • Target reached (-3.2% upside)
  • Quality below floor (3.8 < 4.0)
  • Negative risk/reward — downside exceeds upside

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.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$121.12
Stop
$116.08

At 42.6× trailing and 37.5× forward earnings, consensus estimates imply little change in earnings power.

Risk check: RSI 91 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.

Consumer Defensive context

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
$960.94B
P/E (fwd)
37.5
P/E (ttm)
42.6
52-week range
$98.88–$135.16
Off 52-week high
10.4%
RSI (14)
91
Volume vs avg
1.33×
Score today
4.3/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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