Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
37.39
-0.59 (-1.55%)
Oct 29, 2024, 4:00 PM EDT - Market closed
WES Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for WES stock have an average target of 36.88, with a low estimate of 27 and a high estimate of 41. The average target predicts a decrease of -1.36% from the current stock price of 37.39.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for WES stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 1 | 0 | 0 |
| Hold | 8 | 8 | 9 | 7 | 8 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $42 → $40 | Hold → Sell | Downgrades | $42 → $40 | +6.98% | Oct 25, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $38 → $41 | Hold | Maintains | $38 → $41 | +9.65% | Oct 16, 2024 |
| UBS | UBS | Hold Maintains $38 → $39 | Hold | Maintains | $38 → $39 | +4.31% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $42 | Buy → Hold | Downgrades | $42 | +12.33% | Sep 16, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $36 → $38 | Hold | Maintains | $36 → $38 | +1.63% | Aug 27, 2024 |
Financial Forecast
Revenue This Year
3.79B
from 3.11B
Increased by 21.94%
Revenue Next Year
3.90B
from 3.79B
Increased by 2.90%
EPS This Year
4.10
from 2.60
Increased by 57.52%
EPS Next Year
3.74
from 4.10
Decreased by -8.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.3B | 4.3B | 4.5B |
| Avg | 3.8B | 3.9B | 4.2B |
| Low | 3.5B | 3.5B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.4% | 14.4% | 16.1% |
| Avg | 21.9% | 2.9% | 7.6% |
| Low | 11.3% | -7.7% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.62 | 4.08 | 4.39 |
| Avg | 4.10 | 3.74 | 4.12 |
| Low | 3.46 | 3.23 | 3.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 77.7% | -0.3% | 17.4% |
| Avg | 57.5% | -8.7% | 10.1% |
| Low | 32.9% | -21.0% | 2.5% |
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.