Waters Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Waters stock has a consensus rating of "Buy" and an average price target of $400.27. The average 1-year stock price forecast is 12.06% higher than the current stock price, while the lowest is $345 (-3.42%) and the highest is $460 (+28.78%).

Price Target: $400.27 (+12.06%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$345	$400.27	$400	$460
Change	-3.42%	+12.06%	+11.98%	+28.78%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	10	10	12	12	12
Buy	0	1	2	2	2	2
Hold	11	12	11	9	8	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	23	23	23	22	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Westenberg Piper Sandler	Piper Sandler	Hold Initiates $400	Hold	Initiates	$400	+11.98%	Jun 11, 2026
Sidharth Sahoo HSBC	HSBC	Buy Maintains $415 → $435	Buy	Maintains	$415 → $435	+21.78%	Jun 3, 2026
Michael Ryskin Bank of America Securities	Bank of America Securities	Hold Reiterates $370 → $400	Hold	Reiterates	$370 → $400	+11.98%	Jun 2, 2026
Michael Polark Wolfe Research	Wolfe Research	Buy Maintains $425	Buy	Maintains	$425	+18.98%	Jun 1, 2026
Daniel Arias Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $380	Hold	Maintains	$380	+6.38%	May 18, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.44B

from 3.17B

103.43%

from 3.17B

Revenue Next Year

7.11B

from 6.44B

10.42%

from 6.44B

EPS This Year

14.51

from 13.13

10.49%

from 13.13

EPS Next Year

16.46

from 14.51

13.44%

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%	103.43%
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	807.71M
EPS	-	-	-	-	13.13	14.51
EPS Growth	-	-	-	-	10.71%	10.49%
Forward PE	32.40	27.80	28.27	29.42	27.40	24.62
Free Cash Flow	405.57M	345.17M	447.39M	638.31M	427.16M	892.13M
No. Analysts	-	-	-	-	-	21

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

Revenue Forecast

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

Revenue Growth

Revenue Growth	2026	2027	2028
High	104.1%
Avg	103.4%
Low	102.4%

EPS Forecast

EPS	2026	2027	2028
High	14.63
Avg	14.51
Low	14.43

EPS Growth

EPS Growth	2026	2027	2028
High	11.4%
Avg	10.5%
Low	9.9%