We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks.
Walmart Inc. (NASDAQ:WMT) is one of the stocks discussed by Jim Cramer
Retail giant Walmart Inc. (NASDAQ:WMT)’s shares are up by 23% over the past year and 6.7% year-to-date. May has been a tough month for the stock as it closed 7.3% lower on the 21st. The dip came as Walmart Inc. (NASDAQ:WMT) reported its first-quarter fiscal year 2027 earnings.
The results saw the firm post $177 billion in revenue and $0.66 cent in earnings per share to beat analyst revenue estimates and meet them for earnings. Yet, for its fiscal year earnings, Walmart Inc. (NASDAQ:WMT) guided a range of $2.75 to $2.85 while analysts had penciled in $2.91. RBC Capital lowered the share price target to $137 from $140 and kept an Outperform rating.