Waste Management, Inc. (WM)

Waste Management Stock Forecast

Stock Price Forecast

The 18 analysts that cover Waste Management stock have a consensus rating of "Buy" and an average price target of $248.28, which forecasts a 12.29% increase in the stock price over the next year. The lowest target is $223 and the highest is $270.

Price Target: $248.28 (+12.29%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$223	$248.28	$254	$270
Change	+0.86%	+12.29%	+14.88%	+22.12%

Analyst Ratings

The average analyst rating for Waste Management stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	7	7	8	7	7	6
Buy	5	5	6	5	7	7
Hold	8	8	8	8	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	22	20	21	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeffrey Goldstein Morgan Stanley	Morgan Stanley	Hold Maintains $232 → $230	Hold	Maintains	$232 → $230	+4.03%	Dec 17, 2025
Noah Kaye Oppenheimer	Oppenheimer	Buy Maintains $262 → $263	Buy	Maintains	$262 → $263	+18.95%	Dec 16, 2025
Tami Zakaria JP Morgan	JP Morgan	Buy Maintains $255 → $265	Buy	Maintains	$255 → $265	+19.86%	Dec 1, 2025
Adam Bubes Goldman Sachs	Goldman Sachs	Strong Buy Initiates $256	Strong Buy	Initiates	$256	+15.78%	Nov 24, 2025
Jerry Revich Wells Fargo	Wells Fargo	Buy Initiates $238	Buy	Initiates	$238	+7.64%	Nov 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.06B

Increased by 18.11%

from 22.06B

Revenue Next Year

27.50B

Increased by 5.54%

from 26.06B

EPS This Year

7.72

Increased by 13.31%

from 6.81

EPS Next Year

8.59

Increased by 11.36%

from 7.72

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	15.22B	17.93B	19.70B	20.43B	22.06B	26.06B	27.50B
Revenue Growth	-1.53%	17.83%	9.85%	3.70%	8.01%	18.11%	5.54%
EPS	3.52	4.29	5.39	5.66	6.81	7.72	8.59
EPS Growth	-9.97%	21.88%	25.64%	5.01%	20.32%	13.31%	11.36%
Forward PE	-	-	-	-	-	28.65	25.73
No. Analysts	-	-	-	-	-	31	31

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	26.9B	28.5B
Avg	26.1B	27.5B
Low	24.7B	25.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	22.1%	9.5%
Avg	18.1%	5.5%
Low	12.1%	-1.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	8.02	9.44
Avg	7.72	8.59
Low	7.10	7.60

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	17.8%	22.3%
Avg	13.3%	11.4%
Low	4.3%	-1.6%

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.