Waters Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Waters stock has a consensus rating of "Buy" and an average price target of $413.26. The average 1-year stock price forecast is 10.28% higher than the current stock price, while the lowest is $349 (-6.87%) and the highest is $460 (+22.75%).

Price Target: $413.26 (+10.28%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$349	$413.26	$420	$460
Change	-6.87%	+10.28%	+12.08%	+22.75%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	10	10	12	12	13	13
Buy	1	2	2	2	2	3
Hold	12	11	9	8	9	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	23	23	23	22	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eve Burstein Bernstein	Bernstein	Buy Maintains $435	Buy	Maintains	$435	+16.08%	Jul 23, 2026
Daniel Brennan TD Cowen	TD Cowen	Hold Maintains $385 → $408	Hold	Maintains	$385 → $408	+8.88%	Jul 15, 2026
Evie Koslosky Goldman Sachs	Goldman Sachs	Buy Reiterates $380 → $425	Buy	Reiterates	$380 → $425	+13.41%	Jul 14, 2026
Kallum Titchmarsh Morgan Stanley	Morgan Stanley	Hold Reiterates $350 → $390	Hold	Reiterates	$350 → $390	+4.07%	Jul 9, 2026
Dan Leonard RBC Capital	RBC Capital	Buy Initiates $435	Buy	Initiates	$435	+16.08%	Jul 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.44B

from 3.17B

103.51%

from 3.17B

Revenue Next Year

7.11B

from 6.44B

10.39%

from 6.44B

EPS This Year

14.51

from 13.13

10.54%

from 13.13

EPS Next Year

16.49

from 14.51

13.64%

from 14.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.79B	2.97B	2.96B	2.96B	3.17B	6.44B
Revenue Growth	17.78%	6.68%	-0.52%	0.07%	6.99%	103.51%
Gross Profit	1.63B	1.72B	1.76B	1.76B	1.88B	3.63B
Gross Margin	58.49%	58.00%	59.57%	59.43%	59.28%	56.42%
Operating Income	826.75M	883.66M	862.35M	855.53M	887.81M	1.82B
Net Income	692.84M	707.76M	642.23M	637.83M	642.63M	755.47M
EPS	-	-	-	-	13.13	14.51
EPS Growth	-	-	-	-	10.71%	10.54%
Forward PE	32.40	27.80	28.27	29.42	27.40	25.82
Free Cash Flow	405.57M	345.17M	447.39M	638.31M	427.16M	918.88M
No. Analysts	-	-	-	-	-	23

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	6.5B
Avg	6.4B
Low	6.4B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	105.3%
Avg	103.5%
Low	102.4%

EPS Forecast

Chart

EPS	2026	2027	2028
High	14.63
Avg	14.51
Low	14.44

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	11.4%
Avg	10.5%
Low	10.0%