Amazon Surpasses Walmart in Quarterly Revenue for the First Time
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 20 2026
0mins
Should l Buy OWL?
Source: Newsfilter
- Retail Market Shift: Amazon has surpassed Walmart in quarterly revenue for the first time, reporting $187.8 billion in sales for Q4 compared to Walmart's $180.5 billion, indicating a significant shift in the retail landscape that could impact future market competition.
- Economic Data Release: The U.S. personal consumption expenditures price index for December will be released at 8:30 a.m. ET, serving as the Federal Reserve's preferred inflation gauge, alongside GDP, consumer spending, and income data, which may influence market expectations and investor confidence.
- California Housing Crisis: In Santa Clara County, California, skyrocketing rents and a housing shortage have led to an increase in people living in RVs, with data showing the percentage of individuals sleeping in cars rising from 18% in 2019 to 37% last year, highlighting the worsening housing crisis in the area.
- Job Market Changes: Data shows the wage growth gap between job switchers and stayers has fallen to 2 percentage points, down from 8.4 points in April 2022, indicating a shift in the job market dynamics, particularly as significant pay incentives remain in construction and natural resources sectors.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy OWL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on OWL
Wall Street analysts forecast OWL stock price to rise
15 Analyst Rating
12 Buy
3 Hold
0 Sell
Strong Buy
Current: 10.550
Low
18.00
Averages
21.13
High
28.00
Current: 10.550
Low
18.00
Averages
21.13
High
28.00
About OWL
Blue Owl Capital Inc. is an alternative asset management company. The Company deploys private capital across Credit, GP Strategic Capital and Real Estate platforms on behalf of institutional and private wealth clients. Its product platforms include Credit, GP Strategic Capital and Real Estate. Its credit products offer private financing solutions primarily to upper-middle-market companies. Its credit products are offered through a mix of business development companies, long-dated private funds, managed accounts and collateralized loan obligations. It is focused on acquiring equity stakes in or providing debt financing to private capital firms. Its Real Estate products are focused on acquiring triple net lease real estate occupied by investment-grade or creditworthy tenants. Its Real Estate products are offered through Permanent Capital vehicles, including its real estate investment trusts, and long-dated private funds. It offers asset management services to the insurance industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Barclays Downgrades Blue Owl, Upgrades StepStone Amid AI Concerns
- Rating Changes: Barclays downgraded Blue Owl Capital (OWL) to Equalweight from Overweight while upgrading StepStone Group (STEP) to Overweight from Equalweight, reflecting concerns about the impact of AI fears on the private credit market, particularly on business development companies.
- Slowing Inflows: Blue Owl's largest fund, OCIC, saw inflows decrease from approximately $600 million per month in November to $208 million in February, indicating a growing dependency on non-traded BDCs, which may lead to increased outflows in the future.
- Redemption Pressure: Blue Owl experienced quarterly redemptions exceeding 5% of net asset value in Q4, translating to over $1 billion in outflows, with analysts suggesting that this trend could worsen due to software and AI-related concerns.
- Market Opportunity for StepStone: StepStone has outperformed expectations in the wealth channel and is significantly less exposed to non-traded BDCs compared to peers, leading analysts to view this as an attractive entry point, with expectations for stable inflows into its wealth products.
See More
Key Wall Street Rating Changes on Monday
- Morgan Stanley Bullish on Nvidia: Morgan Stanley names Nvidia a top pick, viewing the current stock price at 18x CY27 EPS as an attractive entry point, expecting market concerns about growth durability to shift to enthusiasm in the coming months.
- Barclays Downgrades Blue Owl: Barclays downgrades Blue Owl from overweight to equal weight, citing overly high market estimates and suggesting that the stock is now closer to fairly priced based on earnings growth potential.
- Piper Sandler Upgrades CrowdStrike: Piper Sandler upgrades CrowdStrike from neutral to overweight, maintaining a $520 price target, arguing that the market's bearish sentiment driven by AI narratives is overdone for a leading security platform with a strong track record.
- Goldman Sachs Upgrades Dutch Bros: Goldman Sachs upgrades Dutch Bros from neutral to buy, asserting that the market is underestimating the coffee chain's fundamental strength and competitive positioning amid a challenging coffee landscape.
See More
Middle East Turmoil Triggers Market Panic
- Oil Price Surge Impact: The closure of the Strait of Hormuz due to U.S. and Israeli attacks on Iran has led to skyrocketing oil prices, which are expected to exacerbate inflation and hinder the Federal Reserve's ability to cut interest rates, posing significant obstacles to economic recovery.
- Private Equity Crisis: Private equity and private credit firms are facing a trust crisis as they are perceived as high-risk debt bearers, leading to a sharp decline in market confidence regarding their future, which could result in a wave of bankruptcies and further heighten recession risks.
- Nvidia Under Customer Pressure: Despite Nvidia reporting strong quarterly results last week, concerns over future demand have intensified as competitors Amazon and Alphabet launched cheaper chips, causing its stock price to drop from $196 to $176, reflecting investor panic in the tech sector.
- Layoff Wave Triggers Market Turmoil: Block's announcement of a 40% workforce reduction has sparked concerns about the future of the tech industry; while this move may boost stock prices in the short term, it risks losing top talent and undermining operational stability and market confidence in the long run.
See More
Stocks May Face Extended Winter of Discontent Beyond the Season, Along with BDC Investment Picks.
Current Sentiment: The present is marked by a sense of discontent and dissatisfaction.
Future Concerns: There is a prevailing anxiety about a potentially dystopian future.
See More
Feeling Tired or Headachy? You Might Be Doomscrolling BDC News
- Earnings Reports: Many business development companies reported their earnings over the past week.
- Investor Sentiment: The earnings reports did not provide any positive news for investors.
See More
AI Replacement of Labor Sparks Unemployment Crisis
- Unemployment Rate Surge Warning: Citrini Research's report predicts that the U.S. unemployment rate could exceed 10% by 2028, with weekly claims nearing half a million, highlighting the potential threat of AI replacing white-collar jobs and signaling significant economic shifts ahead.
- Market Panic Intensifies: Despite Nvidia's blowout earnings and optimistic guidance, its stock fell over 5%, indicating a shift in investor sentiment from euphoria to skepticism, as fears about the future economic landscape grow.
- Private Equity Pressure Mounts: Blue Owl Capital's restriction on redemptions and tightened liquidity terms reveal stress in the private equity sector, while MidCap Financial's dividend cut due to asset markdowns signals further erosion of market confidence.
- Accelerating Sector Rotation: Energy stocks have outperformed technology for 10 consecutive weeks, and value stocks have beaten growth by 12% in the first two months of 2026, suggesting a reevaluation of the AI arms race and a potential repricing of the entire economic hierarchy.
See More
Barclays Downgrades Blue Owl, Upgrades StepStone Amid AI Concerns
- Rating Changes: Barclays downgraded Blue Owl Capital (OWL) to Equalweight from Overweight while upgrading StepStone Group (STEP) to Overweight from Equalweight, reflecting concerns about the impact of AI fears on the private credit market, particularly on business development companies.
- Slowing Inflows: Blue Owl's largest fund, OCIC, saw inflows decrease from approximately $600 million per month in November to $208 million in February, indicating a growing dependency on non-traded BDCs, which may lead to increased outflows in the future.
- Redemption Pressure: Blue Owl experienced quarterly redemptions exceeding 5% of net asset value in Q4, translating to over $1 billion in outflows, with analysts suggesting that this trend could worsen due to software and AI-related concerns.
- Market Opportunity for StepStone: StepStone has outperformed expectations in the wealth channel and is significantly less exposed to non-traded BDCs compared to peers, leading analysts to view this as an attractive entry point, with expectations for stable inflows into its wealth products.
See More
Key Wall Street Rating Changes on Monday
- Morgan Stanley Bullish on Nvidia: Morgan Stanley names Nvidia a top pick, viewing the current stock price at 18x CY27 EPS as an attractive entry point, expecting market concerns about growth durability to shift to enthusiasm in the coming months.
- Barclays Downgrades Blue Owl: Barclays downgrades Blue Owl from overweight to equal weight, citing overly high market estimates and suggesting that the stock is now closer to fairly priced based on earnings growth potential.
- Piper Sandler Upgrades CrowdStrike: Piper Sandler upgrades CrowdStrike from neutral to overweight, maintaining a $520 price target, arguing that the market's bearish sentiment driven by AI narratives is overdone for a leading security platform with a strong track record.
- Goldman Sachs Upgrades Dutch Bros: Goldman Sachs upgrades Dutch Bros from neutral to buy, asserting that the market is underestimating the coffee chain's fundamental strength and competitive positioning amid a challenging coffee landscape.
See More
Middle East Turmoil Triggers Market Panic
- Oil Price Surge Impact: The closure of the Strait of Hormuz due to U.S. and Israeli attacks on Iran has led to skyrocketing oil prices, which are expected to exacerbate inflation and hinder the Federal Reserve's ability to cut interest rates, posing significant obstacles to economic recovery.
- Private Equity Crisis: Private equity and private credit firms are facing a trust crisis as they are perceived as high-risk debt bearers, leading to a sharp decline in market confidence regarding their future, which could result in a wave of bankruptcies and further heighten recession risks.
- Nvidia Under Customer Pressure: Despite Nvidia reporting strong quarterly results last week, concerns over future demand have intensified as competitors Amazon and Alphabet launched cheaper chips, causing its stock price to drop from $196 to $176, reflecting investor panic in the tech sector.
- Layoff Wave Triggers Market Turmoil: Block's announcement of a 40% workforce reduction has sparked concerns about the future of the tech industry; while this move may boost stock prices in the short term, it risks losing top talent and undermining operational stability and market confidence in the long run.
See More
Stocks May Face Extended Winter of Discontent Beyond the Season, Along with BDC Investment Picks.
Current Sentiment: The present is marked by a sense of discontent and dissatisfaction.
Future Concerns: There is a prevailing anxiety about a potentially dystopian future.
See More
Feeling Tired or Headachy? You Might Be Doomscrolling BDC News
- Earnings Reports: Many business development companies reported their earnings over the past week.
- Investor Sentiment: The earnings reports did not provide any positive news for investors.
See More
AI Replacement of Labor Sparks Unemployment Crisis
- Unemployment Rate Surge Warning: Citrini Research's report predicts that the U.S. unemployment rate could exceed 10% by 2028, with weekly claims nearing half a million, highlighting the potential threat of AI replacing white-collar jobs and signaling significant economic shifts ahead.
- Market Panic Intensifies: Despite Nvidia's blowout earnings and optimistic guidance, its stock fell over 5%, indicating a shift in investor sentiment from euphoria to skepticism, as fears about the future economic landscape grow.
- Private Equity Pressure Mounts: Blue Owl Capital's restriction on redemptions and tightened liquidity terms reveal stress in the private equity sector, while MidCap Financial's dividend cut due to asset markdowns signals further erosion of market confidence.
- Accelerating Sector Rotation: Energy stocks have outperformed technology for 10 consecutive weeks, and value stocks have beaten growth by 12% in the first two months of 2026, suggesting a reevaluation of the AI arms race and a potential repricing of the entire economic hierarchy.
See More
