Waste Management, Inc. (WM)

Waste Management Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Waste Management stock have an average target of 235.44, with a low estimate of 215 and a high estimate of 255. The average target predicts an increase of 3.30% from the current stock price of 227.92.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$215	$235.44	$237	$255
Change	-5.67%	+3.30%	+3.98%	+11.88%

Analyst Ratings

The average analyst rating for Waste Management stock from 20 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	7	7	7	7	7	7
Buy	3	3	3	4	4	4
Hold	11	11	10	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	21	21	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Chiang CIBC	CIBC	Hold Maintains $227 → $247	Hold	Maintains	$227 → $247	+8.37%	Mar 5, 2025
Bryan Burgmeier Citigroup	Citigroup	Strong Buy Maintains $242 → $255	Strong Buy	Maintains	$242 → $255	+11.88%	Feb 3, 2025
Konark Gupta Scotiabank	Scotiabank	Buy Maintains $250 → $255	Buy	Maintains	$250 → $255	+11.88%	Feb 3, 2025
Noah Kaye Oppenheimer	Oppenheimer	Buy Maintains $231 → $237	Buy	Maintains	$231 → $237	+3.98%	Jan 31, 2025
Patrick Tyler Brown Raymond James	Raymond James	Buy Maintains $235 → $237	Buy	Maintains	$235 → $237	+3.98%	Jan 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.41B

Increased by 19.70%

from 22.06B

Revenue Next Year

27.90B

Increased by 5.65%

from 26.41B

EPS This Year

7.93

Increased by 16.40%

from 6.81

EPS Next Year

9.01

Increased by 13.60%

from 7.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	15.22B	17.93B	19.70B	20.43B	22.06B	26.41B	27.90B	29.12B
Revenue Growth	-1.53%	17.83%	9.85%	3.70%	8.01%	19.70%	5.65%	4.36%
EPS	3.52	4.29	5.39	5.66	6.81	7.93	9.01	9.87
EPS Growth	-9.97%	21.88%	25.64%	5.01%	20.32%	16.40%	13.60%	9.65%
Forward PE	-	-	-	-	-	28.75	25.31	23.08
No. Analysts	-	-	-	-	-	28	27	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	27.2B	29.0B	30.9B
Avg	26.4B	27.9B	29.1B
Low	24.9B	26.0B	26.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	23.4%	9.9%	10.7%
Avg	19.7%	5.7%	4.4%
Low	12.8%	-1.5%	-6.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	8.80	9.97	10.78
Avg	7.93	9.01	9.87
Low	6.44	7.40	8.68

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	29.2%	25.8%	19.7%
Avg	16.4%	13.6%	9.7%
Low	-5.5%	-6.7%	-3.6%

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.