Waste Connections Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Waste Connections stock has a consensus rating of "Buy" and an average price target of $200.6. The average 1-year stock price forecast is 20.89% higher than the current stock price, while the lowest is $162 (-2.37%) and the highest is $220 (+32.59%).

Price Target: $200.6 (+20.89%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$162	$200.6	$203	$220
Change	-2.37%	+20.89%	+22.34%	+32.59%

Analyst Ratings

The average analyst rating for Waste Connections 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	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	18	18	18	18	18	18
Buy	6	6	6	6	6	6
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	28	28	28	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tami Zakaria J.P. Morgan	J.P. Morgan	Buy Maintains $195	Buy	Maintains	$195	+17.52%	Aug 21, 2026
Jon Windham UBS	UBS	Hold Maintains $170 → $176	Hold	Maintains	$170 → $176	+6.07%	Aug 4, 2026
William Grippin Barclays	Barclays	Hold Maintains $180 → $187	Hold	Maintains	$180 → $187	+12.70%	Jul 28, 2026
Kevin Chiang CIBC	CIBC	Buy Maintains $198 → $199	Buy	Maintains	$198 → $199	+19.93%	Jul 24, 2026
Toni Kaplan Morgan Stanley	Morgan Stanley	Buy Maintains $205	Buy	Maintains	$205	+23.55%	Jul 24, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

10.04B

from 9.47B

6.11%

from 9.47B

Revenue Next Year

10.62B

from 10.04B

5.75%

from 10.04B

EPS This Year

5.65

from 5.15

9.63%

from 5.15

EPS Next Year

6.21

from 5.65

9.95%

from 5.65

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	6.15B	7.21B	8.02B	8.92B	9.47B	10.04B
Revenue Growth	12.95%	17.24%	11.23%	11.19%	6.14%	6.11%
Gross Profit	2.50B	2.88B	3.28B	3.73B	4.01B	4.29B
Gross Margin	40.60%	39.88%	40.86%	41.79%	42.37%	42.69%
Operating Income	1.08B	1.27B	1.26B	1.23B	1.78B	1.96B
Net Income	618.05M	835.66M	762.80M	617.57M	1.08B	1.17B
EPS	-	-	-	-	5.15	5.65
EPS Growth	-	-	-	-	7.52%	9.63%
Forward PE	37.23	32.67	32.94	33.15	31.88	29.39
Dividend / Share	0.85	0.95	1.05	1.17	1.30	1.40
Dividend Growth	11.18%	11.83%	11.11%	11.43%	10.68%	7.88%
Free Cash Flow	810.31M	906.76M	895.39M	842.46M	1.17B	1.43B
FFO	-	-	-	-	-	2.79B
No. Analysts	-	-	-	-	-	25

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	10.1B
Avg	10.0B
Low	10.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	7.0%
Avg	6.1%
Low	5.6%

EPS Forecast

Chart

EPS	2026	2027	2028
High	5.72
Avg	5.65
Low	5.55

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	11.0%
Avg	9.6%
Low	7.8%