Waste Management (NYSE:WM) Stock Price Expected to Rise, Barclays Analyst Says

Posted by George Bondi on Oct 29th, 2026

Waste Management (NYSE:WM – Get Free Report) had its price objective hoisted by research analysts at Barclays from $277.00 to $283.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the business services provider’s stock. Barclays‘s target price points to a potential upside of 23.61% from the stock’s previous close.

WM has been the topic of a number of other reports. Morgan Stanley lowered their price target on Waste Management from $230.00 to $220.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 13th. Citigroup raised their price objective on Waste Management from $263.00 to $269.00 and gave the company a “buy” rating in a research report on Friday, July 10th. UBS Group reaffirmed an “outperform” rating on shares of Waste Management in a report on Thursday. Wolfe Research assumed coverage on Waste Management in a research report on Tuesday, September 15th. They issued a “peer perform” rating on the stock. Finally, Stifel Nicolaus increased their price target on Waste Management from $252.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Waste Management presently has an average rating of “Moderate Buy” and a consensus price target of $256.50.

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Waste Management Price Performance

Waste Management stock traded up $3.80 during mid-day trading on Thursday, hitting $228.95. The stock had a trading volume of 645,360 shares, compared to its average volume of 2,197,339. The firm has a market capitalization of $91.51 billion, a P/E ratio of 32.40, a P/E/G ratio of 3.06 and a beta of 0.42. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.24. The firm’s 50 day moving average is $217.58 and its 200 day moving average is $225.01. Waste Management has a one year low of $194.11 and a one year high of $248.13.

Waste Management (NYSE:WM – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The business services provider reported $2.15 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.03). Waste Management had a return on equity of 31.68% and a net margin of 11.11%. The business had revenue of $6.85 billion during the quarter, compared to the consensus estimate of $6.81 billion. During the same period last year, the company earned $1.98 EPS. The business’s revenue was up 6.3% on a year-over-year basis. On average, sell-side analysts forecast that Waste Management will post 8.09 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO John Carroll sold 1,365 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $219.90, for a total value of $300,163.50. Following the completion of the sale, the chief accounting officer directly owned 3,509 shares of the company’s stock, valued at $771,629.10. This trade represents a 28.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is owned by insiders.

Institutional Trading of Waste Management

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Main Street Group LTD purchased a new position in shares of Waste Management during the 1st quarter worth about $31,000. Balance Wealth Partners LLC purchased a new stake in Waste Management in the 3rd quarter worth about $31,000. Cape Investment Advisory Inc. bought a new stake in Waste Management in the second quarter worth about $36,000. Markowski Investments purchased a new position in shares of Waste Management during the second quarter valued at approximately $38,000. Finally, Bogart Wealth LLC boosted its position in shares of Waste Management by 93.5% during the first quarter. Bogart Wealth LLC now owns 180 shares of the business services provider’s stock valued at $41,000 after buying an additional 87 shares during the period. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Trending Headlines about Waste Management

Here are the key news stories impacting Waste Management this week:

Positive Sentiment: Third-quarter revenue rose 6.3% year over year to $6.846 billion, exceeding analysts’ $6.81 billion estimate. The company also expects full-year revenue and free cash flow to finish near the high ends of its guidance ranges. Waste Management’s Q3 2026 beats on revenue
Positive Sentiment: Waste Management reported adjusted operating improvements, while its healthcare segment posted 33% year-over-year operating EBITDA growth, supporting the long-term growth narrative. Waste Management: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: Net income reached $820 million, compared with $1.98 per share in the year-ago quarter, indicating earnings growth despite the quarterly shortfall versus expectations. Waste Management: Q3 Earnings Snapshot
Neutral Sentiment: A previously announced share-repurchase program received a tranche update. Buybacks can support per-share results, but the update provided no major change to the company’s operating outlook. Tranche Update on Waste Management’s Equity Buyback Plan
Negative Sentiment: Third-quarter adjusted earnings of $2.15 per share missed the $2.18 consensus estimate. Higher fuel and risk-management costs pressured margins, creating a near-term concern despite the revenue beat. WM Q3 Earnings Miss Estimates, Revenues Increase 6.3% Year Over Year
Negative Sentiment: At roughly 32 times earnings, WM remains richly valued, so continued multiple pressure from higher interest rates could limit upside if cost inflation persists.

About Waste Management

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Waste Management, Inc, doing business as WM (NYSE:WM), is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM’s services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.