Walmart stock holds near recent highs as investors eye upcoming earnings

Walmart Inc. (ISIN US9311421039) stock is trading near recent highs, with shares around $116.01 as of August 12, 2026, reflecting a 2.43% gain on the day according to market data compiled by Zacks.

Earnings calendar and analyst backdrop

Upcoming results remain a key driver for Walmart stock as the retailer heads into its next quarterly report around mid-August 2026, with MarketBeat noting that the company is projected to release earnings on August 13, 2026 and carrying an average analyst rating of Moderate Buy with a consensus price target of $138.56.

This consensus implies roughly 19.4% upside from the recent closing price of $116.01, underscoring that analysts see room for further appreciation even after the latest move higher.

Valuation and peer comparison context

Valuation is becoming a bigger talking point, with GuruFocus highlighting that Walmart’s GF Value metric stands at $94.86 versus a trading price of $114.81, indicating the stock is about 21.0% above that fair value estimate while RBC Capital continues to maintain an Outperform rating and a price target of $137.00.

Peer comparisons show Walmart priced below several large-cap U.S. consumer names but still at a premium to its GF Value, with Tickeron’s tool citing recent prices around $354.48 for Home Depot, $274.15 for McDonald’s and $113.26 to $116.01 for Walmart across recent sessions as of August 13, 2026.

Core retail proposition

At the heart of Walmart’s business is its Supercenter format in the United States, which combines a full grocery offering with general merchandise ranging from apparel and home goods to electronics, allowing the company to drive high volumes and everyday low prices.

Shares and recent price level

Walmart stock trades on Nasdaq in U.S. dollars, and as of August 12, 2026, the shares closed near $116.01, placing them close to the recent range highlighted by several market-data portals and just above earlier levels around $113.26 cited for recent sessions.