New York, Feb 20, 2026, 18:39 EST — After-hours
- Walmart stock dropped roughly 1.5% to $122.99 late Friday, extending a two-day decline following its earnings report.
- HSBC downgraded Walmart to “hold,” citing valuation concerns following the retailer’s cautious FY27 guidance.
- Walmart is projecting adjusted EPS for FY27 to land between $2.75 and $2.85, and the retailer also rolled out a fresh $30 billion buyback authorization.
Walmart shares dropped 1.5% to $122.99 in after-hours trading Friday, with the stock sliding further after the company flagged a cautious profit outlook. That was compounded by a new analyst downgrade.
This shift is notable: Walmart often serves as an early signal for the state of…
