Walmart (WMT) is ready to report outcomes for the primary quarter of its 2026 fiscal yr early Thursday, with analysts bullish on the retail large they see as a possible winner from continued tariff uncertainty.

All 19 analysts who comply with the corporate and are tracked by Seen Alpha at present name Walmart inventory a «purchase,» in contrast with 20 «purchase» and one «maintain» scores ahead of the previous quarterly report. The inventory has a mean worth goal of $110.79, greater than 14 % above Friday’s nearer and better than its report shut of $105.05 on Feb. 13.

Walmart is predicted to report a virtually 3% bump in income to $165.96 billion for the primary quarter, whereas adjusted earnings per share are anticipated to drop by 2 cents from the same quarter a year ago to 58 cents.

Analysts Anticipate Stable Q1, Uncertainty Round Full-Yr Outlook

Analysts from Morgan Stanley and Oppenheimer saved their respective «purchase»-equivalent ratings in notes previewing Walmart’s report. Oppenheimer analysts lifted their worth goal to $110 from $100 and Morgan Stanley held agency at $115.

Oppenheimer Wednesday stated it might «once more be positioned to make the most of weak spot on the upcoming print vs. taking part in for a constructive catalyst,» because the inventory’s outperformance of the broader market up to now this yr and a doubtlessly «subdued» first-quarter report may drive shares decrease within the rapid aftermath.

Morgan Stanley analysts stated Tuesday that amid tariff uncertainty Walmart is «among the many finest positioned in our protection universe to navigate by these challenges, given its scale, supply chain benefits, class combine and worth gaps.» They anticipate Walmart to widen its full-year outlook ranges.

The retailer maintained its expectation of three% to 4% gross sales development for the primary quarter last month, however stated its «vary of outcomes» for working revenue development has widened for a variety of causes. Walmart topped estimates for the prior quarter, however its below-estimates forecasts despatched shares decrease.