Western Midstream Partners, LP (WES)
NYSE: WES · IEX Real-Time Price · USD
42.06
-0.21 (-0.50%)
At close: Jul 19, 2024, 4:00 PM
42.10
+0.04 (0.10%)
Pre-market: Jul 22, 2024, 7:21 AM EDT
WES Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for WES stock have an average target of 32.7, with a low estimate of 27 and a high estimate of 39. The average target predicts a decrease of -22.25% from the current stock price of 42.06.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for WES stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 5 | 6 | 7 | 8 | 8 | 9 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy → Hold Downgrades $39 | Strong Buy → Hold | Downgrades | $39 | -7.28% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $34 → $35 | Hold | Maintains | $34 → $35 | -16.79% | May 21, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $34 → $39 | Strong Buy | Maintains | $34 → $39 | -7.28% | May 7, 2024 |
| Wolfe Research | Wolfe Research | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Apr 18, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 19, 2024 |
Financial Forecast
Revenue This Year
3.76B
from 3.11B
Increased by 21.01%
Revenue Next Year
3.91B
from 3.76B
Increased by 3.96%
EPS This Year
4.02
from 2.60
Increased by 54.63%
EPS Next Year
3.79
from 4.02
Decreased by -5.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2B | 4.5B | 4.7B |
| Avg | 3.8B | 3.9B | 4.2B |
| Low | 3.4B | 3.5B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.4% | 20.6% | 20.8% |
| Avg | 21.0% | 4.0% | 8.0% |
| Low | 9.3% | -7.4% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.79 | 4.64 | 5.12 |
| Avg | 4.02 | 3.79 | 4.13 |
| Low | 3.38 | 3.24 | 3.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 84.2% | 15.4% | 35.4% |
| Avg | 54.6% | -5.8% | 9.2% |
| Low | 30.0% | -19.3% | -4.0% |
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.