Waste Management, Inc. (WM)
NYSE: WM · Real-Time Price · USD
214.24
+0.25 (0.12%)
Nov 4, 2024, 4:00 PM EST - Market closed
Waste Management Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Waste Management stock have an average target of 226.32, with a low estimate of 175 and a high estimate of 256. The average target predicts an increase of 5.64% from the current stock price of 214.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for WM stock from 21 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 7 | 7 | 7 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 10 | 10 | 11 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 19 | 20 | 20 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $230 → $240 | Strong Buy | Maintains | $230 → $240 | +12.02% | Oct 31, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $214 → $227 | Hold | Maintains | $214 → $227 | +5.96% | Oct 30, 2024 |
| CIBC | CIBC | Hold Maintains $213 → $228 | Hold | Maintains | $213 → $228 | +6.42% | Oct 30, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $204 → $220 | Hold | Maintains | $204 → $220 | +2.69% | Oct 30, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $224 → $230 | Buy | Maintains | $224 → $230 | +7.36% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
22.31B
from 20.43B
Increased by 9.21%
Revenue Next Year
24.13B
from 22.31B
Increased by 8.16%
EPS This Year
7.56
from 5.66
Increased by 33.59%
EPS Next Year
8.31
from 7.56
Increased by 9.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.8B | 27.0B | 28.4B | ||
| Avg | 22.3B | 24.1B | 25.4B | ||
| Low | 21.1B | 22.3B | 23.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.7% | 20.9% | 17.7% | ||
| Avg | 9.2% | 8.2% | 5.2% | ||
| Low | 3.2% | -0.2% | -4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.82 | 9.29 | 9.97 | ||
| Avg | 7.56 | 8.31 | 9.15 | ||
| Low | 7.02 | 7.57 | 8.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.2% | 22.9% | 20.0% | ||
| Avg | 33.6% | 9.9% | 10.1% | ||
| Low | 24.0% | 0.1% | 0.2% |
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.