Walmart (WMT) is set to report results for the first quarter of its 2026 fiscal year early Thursday, with analysts bullish on the retail giant they see as a potential winner from tariff uncertainty.

All 19 analysts who follow the company and are tracked by Visible Alpha currently call Walmart stock a "buy." Their average price target near $111 is more than 15% above Tuesday's close at about $96 and higher than its record close of $105.05 on Feb. 13.

Walmart is expected to report a nearly 3% bump in revenue to $165.99 billion for the first quarter, while adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share are expected to drop by 2 cents from the same quarter a year ago to 58 cents.

Analysts Expect Solid Q1, Uncertainty Around 💜Full-Year Ou𝓀tlook

Analysts from Morgan Stanley and Oppenheimer kept their respective "buy"-equivalent ratings in recent notes previewin✨g Walmart's report. Oppenheimer analysts lifted their price target to $110 from $100 and Morgan St💞anley held firm at $115.

Morgan Stanley analysts said Tuesday that amid tariff uncertainty Walmart is "among the best positioned in our coverage universe to navigate through these challenges, given its scale, 澳洲幸运5官方开奖结果体彩网:supply chain advantages, category mix and price gaps." They expect Walmart to widen its full♐-year outlook ranges𓄧.

The retailer maintained its expectation of 3% to 4% sales growth for the first quarter 澳洲幸运5官方开奖结果体彩网:last month, but said its "range of outcomes" for operating income growth has widened for a number of reasons. Walmart topped estimates for the 澳洲幸运5官方开奖结果体彩网:prior quarter, but its below-estimates fo♚recasts sent shares lower.

UPDATE—May 13, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.