What is DA Davidson’s Estimate for Walmart Q3 Earnings?

Walmart Inc. (NYSE:WMT) – DA Davidson issued their Q3 2025 earnings per share estimates for shares of Walmart in a research note issued to investors on Monday, November 11th. DA Davidson analyst M. Baker expects that the retailer will earn $0.54 per share for the quarter. DA Davidson has a “Buy” rating and a $85.00 price target on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.44 per share. DA Davidson also issued estimates for Walmart’s FY2026 earnings at $2.68 EPS.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The company had revenue of $169.30 billion during the quarter, compared to analysts’ expectations of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. Walmart’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS.

A number of other equities analysts have also recently commented on WMT. Jefferies Financial Group increased their target price on Walmart from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, September 4th. The Goldman Sachs Group increased their target price on Walmart from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th. BMO Capital Markets reissued an “outperform” rating and set a $80.00 target price on shares of Walmart in a report on Friday, August 16th. Robert W. Baird increased their target price on Walmart from $82.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Finally, Roth Mkm increased their target price on Walmart from $71.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th. One equities research analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $84.84.

Walmart Stock Performance

NYSE WMT opened at $85.54 on Tuesday. The stock has a 50-day moving average of $80.82 and a 200 day moving average of $72.44. Walmart has a twelve month low of $49.85 and a twelve month high of $85.79. The stock has a market capitalization of $687.59 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 4.25 and a beta of 0.51. The company has a current ratio of 0.80, a quick ratio of 0.22 and a debt-to-equity ratio of 0.46.

Institutional Trading of Walmart

A number of hedge funds and other institutional investors have recently bought and sold shares of WMT. Vanguard Group Inc. increased its position in shares of Walmart by 199.4% during the first quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock worth $24,774,717,000 after purchasing an additional 274,229,968 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Walmart by 181.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock worth $3,421,342,000 after buying an additional 36,625,314 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Walmart by 479.6% during the third quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer’s stock worth $1,492,200,000 after buying an additional 15,290,936 shares during the last quarter. Swiss National Bank grew its holdings in shares of Walmart by 187.4% during the first quarter. Swiss National Bank now owns 13,303,200 shares of the retailer’s stock worth $800,454,000 after buying an additional 8,674,100 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Walmart by 284.0% during the first quarter. Canada Pension Plan Investment Board now owns 11,122,273 shares of the retailer’s stock worth $669,227,000 after buying an additional 8,225,552 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total value of $1,088,850.00. Following the completion of the transaction, the executive vice president now directly owns 593,040 shares in the company, valued at approximately $49,198,598.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Walmart news, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.96, for a total value of $1,088,850.00. Following the completion of the sale, the executive vice president now owns 593,040 shares in the company, valued at approximately $49,198,598.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.