Walmart Inc. (NASDAQ:WMT) shares traded near flat Friday as investors weighed the retailer’s defensive positioning ahead of quarterly earnings.
Market attention also remained on Walmart’s ability to sustain consumer demand and digital momentum during ongoing economic uncertainty.
BofA Securities analyst Christopher Nardone reiterated a Buy rating on the stock, with a price forecast of $150.
Analyst’s Take
The company will release its first-quarter earnings results on Thursday, May 21, 2026.
Nardone said consistent sales growth and improving digital margins could support further earnings revisions over the next year.
The analyst expects Walmart’s core customer base to remain “resilient” despite persistent macroeconomic uncertainty and elevated fuel prices.
Nardone forecasts first-quarter earnings of 65 cents per share alongside Walmart U.S. comparable sales growth of 4.5%.
Investor expectations for Walmart U.S. comparable sales currently range between …
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