CICC has initiated coverage on Walmart Inc (WMT) with an Outperform rating, marking the firm's first assessment of the retail giant's investment potential. This rating reflects CICC's analysis of Walmart's business, industry dynamics, and growth prospects.
Walmart, headquartered in Bentonville, Arkansas, operates a vast network of retail and wholesale stores, alongside eCommerce platforms. The company employs approximately 2,100,000 full-time employees and serves markets in the U.S., Africa, Canada, Central America, Chile, China, India, and Mexico. Its operations are divided into three segments: Walmart U.S., Walmart International, and Sam's Club U.S.
As of December 25, 2025, Walmart's stock is priced at $112.39, with a market capitalization of $930.1 billion. The company reports a trailing P/E ratio of 40.60 and an EPS of 2.85, alongside a notable dividend yield of 91.7%.
Upcoming earnings reports are scheduled for February 19, 2026, and May 13, 2026, with estimated EPS of $0.73 and $0.68, respectively. Recent earnings performance has shown a mixed trend, with Q3 2026 EPS at $0.62, slightly exceeding estimates, while Q2 2026 fell short of expectations.
Analyst ratings, such as CICC's, provide insights based on research and financial models, but they are not definitive predictors of future performance. Investors should consider various factors, including company fundamentals, competitive positioning, and industry trends when making decisions. Analyst opinions can evolve as new information emerges, reflecting the dynamic nature of market evaluations.