Walmart price target lowered by UBS as Q1 results miss elevated expectations
Key takeaways
- Shares of Walmart closed out Friday s session at about $120, up about 8% so far this year.
- The firm wrote in a note that expectations heading into the quarter had risen as investors positioned more heavily in Walmart amid a challenging consumer backdrop.
- Walmart reported adjusted earnings per share of $0.66, in line with consensus estimates.
Walmart price target lowered by UBS as Q1 results miss elevated expectations Proactive Mon, May 25, 2026 at 10:48 PM GMT+7 2 min read WMT Walmart Inc (NYSE:WMT, XETRA:WMT) had its price target lowered by UBS to $141 from $147 following the company’s first-quarter results, while the broker said its longer-term view remains intact on Walmart’s “second P&L,” a term it uses to describe faster-growing, higher-margin revenue streams outside core retail, such as advertising, marketplace fees and membership income.
Shares of Walmart closed out Friday s session at about $120, up about 8% so far this year.
The firm wrote in a note that expectations heading into the quarter had risen as investors positioned more heavily in Walmart amid a challenging consumer backdrop. While results came in below those elevated expectations, UBS pointed to underlying trends that it said continue to support the company’s growth narrative, particularly in e-commerce and its expanding digital businesses.