Waters Corporation (WAT)

Waters Stock Forecast

Stock Price Forecast

The 15 analysts that cover Waters stock have a consensus rating of "Buy" and an average price target of $390.67, which forecasts a -0.42% decrease in the stock price over the next year. The lowest target is $315 and the highest is $480.

Price Target: $390.67 (-0.42%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$315	$390.67	$390	$480
Change	-19.71%	-0.42%	-0.59%	+22.35%

* Price targets were last updated on Dec 15, 2025.

Analyst Ratings

The average analyst rating for Waters stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	1	1	2	2	2	2
Buy	3	3	3	3	4	5
Hold	10	10	10	8	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	15	13	15	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt Larew William Blair	William Blair	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Jan 5, 2026
Brandon Couillard Wells Fargo	Wells Fargo	Hold Maintains $385 → $415	Hold	Maintains	$385 → $415	+5.78%	Dec 15, 2025
Doug Schenkel Wolfe Research	Wolfe Research	Hold → Buy Upgrades $480	Hold → Buy	Upgrades	$480	+22.35%	Dec 10, 2025
Kallum Titchmarsh Morgan Stanley	Morgan Stanley	Hold Initiates $423	Hold	Initiates	$423	+7.82%	Dec 2, 2025
Dan Brennan TD Cowen	TD Cowen	Hold Maintains $345 → $390	Hold	Maintains	$345 → $390	-0.59%	Nov 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.19B

Increased by 7.93%

from 2.96B

Revenue Next Year

3.39B

Increased by 6.30%

from 3.19B

EPS This Year

13.24

Increased by 23.63%

from 10.71

EPS Next Year

14.45

Increased by 9.14%

from 13.24

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.37B	2.79B	2.97B	2.96B	2.96B	3.19B	3.39B
Revenue Growth	-1.71%	17.78%	6.68%	-0.52%	0.07%	7.93%	6.30%
EPS	8.36	11.17	11.73	10.84	10.71	13.24	14.45
EPS Growth	-3.80%	33.61%	5.01%	-7.59%	-1.20%	23.63%	9.14%
Forward PE	-	-	-	-	-	29.63	27.15
No. Analysts	-	-	-	-	-	25	25

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	3.3B	3.6B
Avg	3.2B	3.4B
Low	3.1B	3.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	12.6%	11.5%
Avg	7.9%	6.3%
Low	4.6%	2.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	13.82	15.52
Avg	13.24	14.45
Low	12.79	13.80

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	29.0%	17.2%
Avg	23.6%	9.1%
Low	19.4%	4.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.