Waters Corporation (WAT)
| Market Cap | 40.72B +126.4% |
| Revenue (ttm) | 4.64B +52.5% |
| Net Income | 166.63M -74.8% |
| EPS | 2.21 -80.0% |
| Shares Out | 98.25M |
| PE Ratio | 187.12 |
| Forward PE | 26.54 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 631,818 |
| Open | 412.24 |
| Previous Close | 410.75 |
| Day's Range | 407.12 - 414.90 |
| 52-Week Range | 282.77 - 421.74 |
| Beta | 1.18 |
| Analysts | Buy |
| Price Target | 436.00 (+5.2%) |
| Earnings Date | Aug 4, 2026 |
About WAT
Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, p... [Read more]
Financial Performance
In 2025, Waters's revenue was $3.17 billion, an increase of 6.99% compared to the previous year's $2.96 billion. Earnings were $642.63 million, an increase of 0.75%.
Financial StatementsAnalyst Summary
According to 24 analysts, the average rating for WAT stock is "Buy." The 12-month stock price target is $436.0, which is an increase of 5.20% from the latest price.
News
Waters price target raised to $470 from $425 at Citi
Citi analyst Joanne Wuensch raised the firm’s price target on Waters (WAT) to $470 from $425 and keeps a Buy rating on the shares.
Waters price target raised to $430 from $390 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Waters (WAT) to $430 from $390 and keeps an Equal Weight rating on the shares. Following Q2 earnings and given the latest…
Waters price target raised to $475 from $435 at RBC Capital
RBC Capital raised the firm’s price target on Waters (WAT) to $475 from $435 and keeps an Outperform rating on the shares.
Waters price target raised to $420 from $410 at Evercore ISI
Evercore ISI analyst Vijay Kumar raised the firm’s price target on Waters (WAT) to $420 from $410 and keeps an Outperform rating on the shares.
Waters price target raised to $400 from $380 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Waters (WAT) to $400 from $380 and keeps a Hold rating on the shares.
Waters price target raised to $420 from $380 at Stifel
Stifel analyst Daniel Arias raised the firm’s price target on Waters (WAT) to $420 from $380 and keeps a Hold rating on the shares.
Waters upgraded to Buy from Hold at TD Cowen
TD Cowen upgraded Waters (WAT) to Buy from Hold with a price target of $475, up from $408, post the Q2 report. The company delivered another solid result in the…
Waters price target raised to $460 from $425 at Barclays
Barclays analyst Luke Sergott raised the firm’s price target on Waters (WAT) to $460 from $425 and keeps an Overweight rating on the shares post the Q2 report. “So many…
Waters Earnings Call Transcript: Q2 2026
Q2 results exceeded guidance with strong growth across all divisions, especially in pharma, academic/government, and acquired BD businesses. Full-year guidance was raised, with robust margin expansion and cost savings expected. New product launches and strategic partnerships further strengthen growth prospects.
Waters Earnings release: Q2 2026
Waters released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Waters Slides: Q2 2026
Waters has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Waters Quarterly report: Q2 2026
Waters has published its Q2 2026 quarterly earnings report on August 4, 2026.
Waters sees Q3 adjusted EPS $3.95-$4.05, consensus $3.99
Sees Q3 revenue $1.75B-$1.6B, consensus $1.76B.
Waters raises FY26 adjusted EPS view to $14.45-$14.65 from $14.40-$14.60
Consensus $14.51. Raises FY26 revenue view to $6.42B-$6.48B from $6.41B-$6.46B, consensus $6.44B. Batra continued, “With momentum building across our portfolio, end markets, and synergies, we are rais...
Waters reports Q2 adjusted EPS $3.05, consensus $3.01
Reports Q2 revenue $1.65B, consensus $1.62B. “Thanks to the hard work of our teams, we delivered industry-leading growth again this quarter, executing ahead of guidance across all four divisions,” sai...
Waters Corporation (NYSE: WAT) Reports Second Quarter 2026 Financial Results
Second Quarter 2026 Highlights Total reported revenue of $1.645 billion surpassed the high end of the guidance range, driven by broad-based outperformance across both organic revenue and the acquired ...
Waters Launches Industry's Most Sensitive and Robust Clinical IVD System with Xevo TQ Absolute XR IVD Mass Spectrometer
Brings Xevo™ TQ Absolute XR Mass Spectrometer's industry-leading tandem quadrupole MS sensitivity to clinical applications across women's health, cancer assessment, and toxicology. Offers 5x greater s...
Waters price target raised to $408 from $385 at TD Cowen
TD Cowen analyst Dan Brennan raised the firm’s price target on Waters (WAT) to $408 from $385 and keeps a Hold rating on the shares. The firm adjusted targets in…
Waters price target raised to $425 from $380 at Goldman Sachs
Goldman Sachs analyst Evie Koslosky raised the firm’s price target on Waters (WAT) to $425 from $380 and keeps a Buy rating on the shares.
Waters price target raised to $390 from $350 at Morgan Stanley
Morgan Stanley analyst Kallum Titchmarsh raised the firm’s price target on Waters (WAT) to $390 from $350 and keeps an Equal Weight rating on the shares. The firm is updating…
Waters initiated with an Outperform at RBC Capital
RBC Capital initiated coverage of Waters (WAT) with an Outperform rating and $435 price target The firm notes that its Outperform rating reflects a positive view of the company’s turnaround…
Waters price target raised to $410 from $380 at Evercore ISI
Evercore ISI raised the firm’s price target on Waters (WAT) to $410 from $380 and keeps an Outperform rating on the shares. The firm’s Q2 preview for MedTech, Life Sciences…
Waters Corporation Schedules Second Quarter 2026 Earnings Conference Call
MILFORD, Mass., July 2, 2026 /PRNewswire/ -- Waters Corporation (NYSE: WAT) will hold its Q2 2026 financial results conference call on Tuesday, August 4, 2026, at 8:00 a.m.
Waters resumed with an Outperform at Bernstein
Bernstein analyst Eve Burstein resumed coverage of Waters (WAT) with an Outperform rating and $435 price target following a return from maternity leave. “Many things” are going right for the…
IMU Biosciences, Waters announce strategic partnership
IMU Biosciences and Waters (WAT) Corporation announced a strategic partnership to accelerate the development of IMU’s next-generation AI-powered High Definition Immunology platform. The partnership br...