Amid anticipation, retail giant Walmart (WMT) is set to report its Q1 earnings on May 21. The tone on Wall Street is bullish for Walmart stock, with many analysts raising the price targets just ahead of earnings. These price targets upgrades imply growing confidence that Walmart might report a better-than-expected quarter, upbeat outlook and long-term growth trends. Amid the economic uncertainty, Walmart stock has surged 21.27% year-to-date (YTD), outperforming the S&P 500 Index ($SPX) gain of 7.72%.
Let’s find out what’s in store for Q1 of fiscal 2027.
