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
Target Low Average Median High
Price $27 $36.88 $39 $41
Change -27.79% -1.36% +4.31% +9.65%

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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 221111
Buy 222100
Hold 889787
Sell 111112
Strong Sell 000000
Total 131313101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Sell
Downgrades
$42$40
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
Hold
Downgrades
$42
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
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.75B2.77B2.88B3.25B3.11B3.79B3.90B4.20B
Revenue Growth
19.42%0.96%3.77%13.02%-4.47%21.94%2.90%7.62%
EPS
1.591.182.183.002.604.103.744.12
EPS Growth
-5.77%-25.79%84.71%37.64%-13.33%57.52%-8.73%10.11%
Forward PE
-----9.1310.009.08
No. Analysts -----141410
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
37.4%
14.4%
16.1%
Avg
21.9%
2.9%
7.6%
Low
11.3%
-7.7%
-1.9%

EPS Forecast

EPS 202420252026
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 202420252026
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.