Waste Management, Inc. (WM)

Waste Management Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Waste Management stock has a consensus rating of "Buy" and an average price target of $259.92. The average 1-year stock price forecast is 23.13% higher than the current stock price, while the lowest is $220 (+4.22%) and the highest is $277 (+31.22%).

Price Target: $259.92 (+23.13%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$220	$259.92	$263	$277
Change	+4.22%	+23.13%	+24.59%	+31.22%

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

Chart

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	16	16	16	16	16	16
Buy	3	3	3	3	3	3
Hold	9	9	9	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	28	28	28	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jerry Revich Wells Fargo	Wells Fargo	Buy Maintains $268	Buy	Maintains	$268	+26.95%	Sep 17, 2026
Nigel Coe Wolfe Research	Wolfe Research	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Sep 15, 2026
Connor Cerniglia Bernstein	Bernstein	Buy Maintains $260 → $270	Buy	Maintains	$260 → $270	+27.90%	Sep 8, 2026
Konark Gupta Scotiabank	Scotiabank	Hold Maintains $260	Hold	Maintains	$260	+23.16%	Aug 27, 2026
Trevor Romeo William Blair	William Blair	Buy Reiterates n/a	Buy	Reiterates	n/a	n/a	Aug 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.38B

Increased by 4.68%

from 25.20B

Revenue Next Year

27.81B

Increased by 5.41%

from 26.38B

EPS This Year

8.13

Increased by 8.35%

from 7.50

EPS Next Year

9.12

Increased by 12.19%

from 8.13

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	17.93B	19.70B	20.43B	22.06B	25.20B	26.38B
Revenue Growth	17.83%	9.85%	3.70%	8.01%	14.24%	4.68%
Gross Profit	6.82B	7.40B	7.82B	8.68B	10.19B	10.88B
Gross Margin	38.03%	37.59%	38.28%	39.34%	40.44%	41.23%
Operating Income	2.96B	3.43B	3.82B	4.31B	4.70B	5.12B
Net Income	1.82B	2.24B	2.30B	2.75B	2.71B	3.21B
EPS	-	-	-	-	7.50	8.13
EPS Growth	-	-	-	-	3.73%	8.35%
Forward PE	30.82	26.22	27.40	25.74	27.23	25.98
Dividend / Share	2.30	2.60	2.80	3.00	3.30	3.73
Dividend Growth	5.51%	13.04%	7.69%	7.14%	10.00%	13.13%
Free Cash Flow	-	-	-	-	2.94B	3.79B
No. Analysts	-	-	-	-	-	25

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	26.5B
Avg	26.4B
Low	26.3B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	5.2%
Avg	4.7%
Low	4.4%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.48
Avg	8.13
Low	7.89

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	13.1%
Avg	8.3%
Low	5.2%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Sep 17, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

Sep 17, 2026

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