Western Midstream Partners, LP (WES)
NYSE: WES · IEX Real-Time Price · USD
35.38
+0.73 (2.11%)
At close: Apr 19, 2024, 4:00 PM
35.28
-0.10 (-0.28%)
After-hours: Apr 19, 2024, 7:59 PM EDT
WES Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for WES stock have an average target of 31.56, with a low estimate of 27 and a high estimate of 36. The average target predicts a decrease of -10.80% from the current stock price of 35.38.
Analyst Consensus: Buy
* Price targets were last updated on Feb 29, 2024.
Analyst Ratings
The average analyst rating for WES stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 4 | 4 | 4 | 5 | 6 | 7 |
| Sell | 1 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 12 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 |
| RBC Capital | RBC Capital | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Mar 11, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $30 → $34 | Strong Buy → Hold | Downgrades | $30 → $34 | -3.90% | Feb 29, 2024 |
| Stifel | Stifel | Strong Buy Maintains $35 → $36 | Strong Buy | Maintains | $35 → $36 | +1.75% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
3.58B
from 3.11B
Increased by 15.18%
Revenue Next Year
3.71B
from 3.58B
Increased by 3.66%
EPS This Year
3.37
from 2.60
Increased by 29.78%
EPS Next Year
3.54
from 3.37
Increased by 4.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.1B | 4.2B | 4.3B |
| Avg | 3.6B | 3.7B | 3.9B |
| Low | 3.2B | 3.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.9% | 17.2% | 17.2% |
| Avg | 15.2% | 3.7% | 5.4% |
| Low | 4.1% | -7.2% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.16 | 4.18 | 4.47 |
| Avg | 3.37 | 3.54 | 3.81 |
| Low | 2.94 | 3.21 | 3.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 59.9% | 23.8% | 26.3% |
| Avg | 29.8% | 4.9% | 7.6% |
| Low | 13.1% | -4.7% | -2.0% |
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.