Walmart Inc. (NYSE: WMT) shares are trading lower on Friday after reporting second-quarter results on Thursday, with adjusted earnings per share of 68 cents, missing analyst estimates. Quarterly sales of $177.40 billion, up 4.8% year over year, outpaced expectations. Walmart raised its fiscal year 2026 adjusted earnings per share guidance.

Analysts reacted to Walmart’s earnings report, with Joseph Feldman reiterating an Outperform rating and raising the price forecast. Feldman highlighted Walmart’s ecommerce growth, solid food sales, and stable general merchandise. He expects Walmart to gain market share with its value offerings and tech use.

Analyst Christopher Horvers reiterated an Overweight rating and noted Walmart’s unchanged outlook, factoring in competition like Amazon’s food delivery. Horvers called Walmart a “buy the dip” name and highlighted potential for margin and cash flow growth. He sees upside potential in enterprise operating margin.

Analyst Robert F. Ohmes reiterated a Buy rating, noting Walmart’s gross margin lift from higher-margin businesses like digital ads. Ohmes expects digital ad revenue to keep growing with Walmart’s scale and omni-channel model. He also mentioned the Vizio deal and more marketplace sellers.

Analyst Steven Shemesh reiterated an Outperform rating, highlighting Walmart’s strong sales momentum and potential market share gains in grocery. Shemesh raised his third-quarter constant-currency net sales growth estimate and EPS forecast. He also adjusted sales growth estimates for 2025/2026.

Analyst Kate McShane reiterated a Buy rating, noting Walmart’s solid earnings growth potential driven by market share gains. McShane highlighted Walmart’s plan to keep prices steady on essentials and increase rollbacks. Walmart shares were trading lower by 0.38% at last check on Thursday.

Read more at Yahoo Finance: No Change In Walmart’s Strong Momentum, Analysts Confirm