Walmart to Reveal Q4 Earnings Amid Analyst Optimism

Rogers, Arkansas — Walmart Inc. is set to announce its fourth-quarter earnings for fiscal 2025 on Thursday morning, with analysts predicting an increase in sales and profits from the nation’s largest retailer.

Analysts remain optimistic about Walmart’s stock, with 20 out of 21 ratings classified as “buy” according to Visible Alpha. The average price target stands at $107.76, which is less than 4% above the stock’s recent close, indicating some analysts might be awaiting clarity on Walmart’s outlook for 2025 following an impressive 85% surge in value over the last year.

Walmart is anticipated to report revenues of approximately $180.2 billion for the quarter, reflecting a nearly 4% increase compared to the previous year. Additionally, analysts expect adjusted earnings per share to reach $0.64, a 7% rise from the year-ago quarter. A significant aspect of this earnings report is the possibility that Walmart’s quarterly revenue may fall behind that of Amazon, which disclosed revenues of $187.8 billion last month.

Several analysts have adjusted their price targets for Walmart in anticipation of strong earnings. Analysts from Morgan Stanley and Deutsche Bank recently increased their targets to $115, while those from JPMorgan and Bank of America set theirs at $112 and $120, respectively. “We see Walmart as able to meaningfully beat fourth-quarter estimates,” analysts from Melius Research noted. They also expressed caution about high market expectations.

In their statements, Morgan Stanley analysts emphasized, “In an environment marked by elevated uncertainty due to tariff and deportation policies, the market is shifting focus toward quality and scale, seeking companies capable of navigating these potential challenges through bargaining power and superior, automated supply chains.”

Walmart’s shares experienced a slight decline of about 1% on Friday, following a record close of $105.05 the previous day.