Why Walmart stock sold off after earnings and should you buy the dip?
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Evercore ISI Positive on Walmart (WMT): 'Traffic Gains + Walmart Plus = Strategy Working'
May 26, 2026 5:47 AM EDTEvercore ISI analyst Greg Melich reiterated an Outperform rating and $140.00 price target on Walmart (NASDAQ: WMT)
The analyst comments "Drug and egg deflation hit comps 200bp, while fears of a broadening of consumer pressures marred a solid 1Q Walmart print. Lost in the stocks 10% drop last week (in an up market) were accelerating traffic growth, record 1Q Walmart Plus signups, and a 12% variable margin in their $100bn + digital business.... More
