GFL Environmental (GFL) Stock Forecast, Price Target & Predictions


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GFL Stock Forecast


GFL Environmental stock forecast is as follows: an average price target of $45.75 (represents a 2.23% upside from GFL’s last price of $44.75) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

GFL Price Target


The average price target for GFL Environmental (GFL) is $45.75 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $36.50. This represents a potential 2.23% upside from GFL's last price of $44.75.

GFL Analyst Ratings


Buy

According to 9 Wall Street analysts, GFL Environmental's rating consensus is 'Buy'. The analyst rating breakdown for GFL stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

GFL Environmental Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 04, 2024Konark GuptaScotiabank$50.00$39.7525.79%11.73%
Aug 05, 2024Stephanie MooreJefferies$54.00$39.0938.14%20.67%
Jul 08, 2024Devin DodgeBMO Capital$42.00$39.356.73%-6.15%
Jun 03, 2024Tobey SommerTruist Financial$46.00$34.7332.45%2.79%
May 03, 2024Devin DodgeBMO Capital$43.00$33.4428.59%-3.91%
Apr 08, 2024Walter SpracklinRBC Capital$46.00$34.3533.92%2.79%
Oct 24, 2022Stephanie MooreJefferies$41.00$26.0557.39%-8.38%
Sep 03, 2021Michael FenigerBank of America Securities$36.50$36.150.97%-18.44%
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The latest GFL Environmental stock forecast, released on Oct 04, 2024 by Konark Gupta from Scotiabank, set a price target of $50.00, which represents a 25.79% increase from the stock price at the time of the forecast ($39.75), and a 11.73% increase from GFL last price ($44.75).

GFL Environmental Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$50.00$46.83
Last Closing Price$44.75$44.75$44.75
Upside/Downside-100.00%11.73%4.65%

In the current month, the average price target of GFL Environmental stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to GFL Environmental's last price of $44.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024National BankOutperformOutperformHold
Oct 09, 2024Eight Capital-BuyInitialise
Aug 05, 2024JefferiesBuyBuyHold
Aug 02, 2024CIBCOutperformOutperformHold
Aug 02, 2024Cowen & Co.BuyBuyHold
Jul 08, 2024BMO CapitalOutperformMarket PerformDowngrade
Jun 04, 2024JefferiesBuyBuyHold
May 06, 2024Cowen & Co.BuyBuyHold
May 03, 2024CIBCOutperformOutperformHold
May 03, 2024National BankOutperformOutperformHold
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GFL Environmental's last stock rating was published by National Bank on Oct 21, 2024. The company gave GFL a "Outperform" rating, the same as its previous rate.

GFL Environmental Financial Forecast


GFL Environmental Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue-----------------------$1.80B$1.82B$1.83B$1.71B$1.40B$1.54B$1.49B
Avg Forecast$5.16B$4.90B$4.66B$4.43B$4.21B$4.00B$3.80B$3.61B$2.18B$2.22B$2.23B$1.99B$2.03B$2.08B$2.09B$1.85B$1.90B$2.05B$2.06B$1.78B$1.85B$1.87B$1.96B$1.68B$1.73B$1.69B$1.56B$1.32B$1.45B$1.39B
High Forecast$5.29B$5.02B$4.77B$4.53B$4.31B$4.09B$3.89B$3.70B$2.23B$2.28B$2.29B$2.04B$2.08B$2.13B$2.14B$1.88B$1.94B$2.10B$2.11B$1.83B$1.88B$1.88B$2.01B$1.72B$1.78B$1.69B$1.56B$1.32B$1.45B$1.39B
Low Forecast$5.08B$4.83B$4.59B$4.36B$4.14B$3.94B$3.74B$3.55B$2.15B$2.19B$2.20B$1.96B$2.00B$2.04B$2.06B$1.82B$1.88B$2.02B$2.02B$1.75B$1.80B$1.83B$1.93B$1.65B$1.71B$1.69B$1.56B$1.32B$1.45B$1.39B
# Analysts3333444444443335943361299555566
Surprise %-----------------------1.07%1.05%1.08%1.10%1.06%1.07%1.07%

GFL Environmental's average Quarter revenue forecast for Jun 23 based on 9 analysts is $1.96B, with a low forecast of $1.93B, and a high forecast of $2.01B. GFL's average Quarter revenue forecast represents a 9.19% increase compared to the company's last Quarter revenue of $1.80B (Mar 23).

GFL Environmental EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts3333444444443335943361299555566
EBITDA-----------------------$387.60M$406.80M$431.90M$426.90M$315.60M$343.60M$365.30M
Avg Forecast$1.19B$1.13B$1.07B$1.02B$967.36M$919.24M$873.51M$830.05M$501.18M$511.42M$513.32M$457.50M$466.95M$477.57M$480.35M$425.39M$436.04M$471.28M$472.87M$372.31M$425.41M$429.01M$451.53M$293.34M$398.73M$389.20M$638.25M$303.33M$332.17M$320.33M
High Forecast$1.21B$1.15B$1.10B$1.04B$990.51M$941.24M$894.41M$849.92M$513.17M$523.65M$525.61M$468.45M$478.12M$489.00M$491.85M$431.51M$445.26M$482.56M$484.18M$446.77M$431.62M$431.92M$462.34M$352.01M$408.27M$389.20M$765.90M$303.33M$332.17M$320.33M
Low Forecast$1.17B$1.11B$1.05B$1.00B$952.02M$904.65M$859.65M$816.88M$493.23M$503.30M$505.18M$450.24M$459.54M$469.99M$472.73M$419.27M$432.97M$463.80M$465.36M$297.85M$412.99M$420.66M$444.37M$234.67M$392.40M$389.20M$510.60M$303.33M$332.17M$320.33M
Surprise %-----------------------1.32%1.02%1.11%0.67%1.04%1.03%1.14%

9 analysts predict GFL's average Quarter EBITDA for Jun 23 to be $451.53M, with a high of $462.34M and a low of $444.37M. This is 16.49% upper than GFL Environmental's previous annual EBITDA (Mar 23) of $387.60M.

GFL Environmental Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts3333444444443335943361299555566
Net Income-----------------------$-217.80M$-219.10M$-183.70M$64.30M$137.00M$-77.40M$-245.20M
Avg Forecast$226.86M$231.70M$226.64M$197.64M$206.66M$210.38M$200.99M$167.33M$186.04M$213.69M$193.96M$108.76M$139.25M$164.66M$143.94M$60.70M$78.02M$132.81M$116.61M$-1.11B$84.18M$109.78M$95.03M$-870.79M$-726.35M$75.81M$82.79M$20.37M$51.78M$66.79M
High Forecast$233.92M$238.91M$233.69M$203.79M$213.09M$216.92M$207.25M$172.54M$191.83M$220.34M$200.00M$112.14M$143.58M$169.78M$148.42M$93.81M$117.02M$133.20M$117.28M$-884.16M$140.31M$149.70M$97.99M$-696.63M$-581.08M$75.81M$99.35M$20.37M$51.78M$66.79M
Low Forecast$222.18M$226.92M$221.97M$193.56M$202.40M$206.04M$196.85M$163.88M$182.21M$209.28M$189.96M$106.51M$136.37M$161.26M$140.97M$44.14M$-5.57M$132.42M$115.95M$-1.33B$56.12M$64.87M$93.07M$-1.04B$-871.62M$75.81M$66.23M$20.37M$51.78M$66.79M
Surprise %-----------------------0.25%0.30%-2.42%0.78%6.72%-1.49%-3.67%

GFL Environmental's average Quarter net income forecast for Sep 22 is $75.81M, with a range of $75.81M to $75.81M. GFL's average Quarter net income forecast represents a 17.90% increase compared to the company's last Quarter net income of $64.30M (Jun 22).

GFL Environmental SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts3333444444443335943361299555566
SG&A-----------------------$214.50M$201.80M$187.50M$178.40M$162.70M$169.90M$152.30M
Avg Forecast$588.42M$559.14M$531.33M$504.89M$479.78M$455.91M$433.23M$411.67M$248.57M$253.64M$254.59M$226.90M$231.59M$236.86M$238.24M$210.98M$216.26M$233.74M$234.52M$650.80M$210.99M$212.77M$223.94M$512.77M$768.41M$193.03M$229.70M$150.44M$164.74M$158.87M
High Forecast$602.50M$572.52M$544.04M$516.98M$491.26M$466.82M$443.59M$421.53M$254.51M$259.71M$260.68M$232.33M$237.13M$242.52M$243.94M$214.01M$220.83M$239.33M$240.14M$780.97M$214.07M$214.22M$229.30M$615.33M$922.09M$193.03M$275.64M$150.44M$164.74M$158.87M
Low Forecast$579.08M$550.27M$522.90M$496.88M$472.16M$448.67M$426.35M$405.14M$244.62M$249.62M$250.55M$223.30M$227.91M$233.10M$234.46M$207.94M$214.74M$230.03M$230.80M$520.64M$204.83M$208.63M$220.39M$410.22M$614.73M$193.03M$183.76M$150.44M$164.74M$158.87M
Surprise %-----------------------0.42%0.26%0.97%0.78%1.08%1.03%0.96%

GFL Environmental's average Quarter SG&A projection for Jun 23 is $223.94M, based on 9 Wall Street analysts, with a range of $220.39M to $229.30M. The forecast indicates a 4.40% rise compared to GFL last annual SG&A of $214.50M (Mar 23).

GFL Environmental EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts3333444444443335943361299555566
EPS-----------------------$-0.59$-0.59$-0.50$0.12$0.38$-0.21$-0.68
Avg Forecast$0.60$0.62$0.60$0.52$0.55$0.56$0.53$0.44$0.49$0.57$0.52$0.29$0.37$0.44$0.38$0.16$0.21$0.35$0.31$-0.04$0.22$0.29$0.25$-0.04$0.09$0.20$0.18$0.05$0.14$0.18
High Forecast$0.62$0.63$0.62$0.54$0.57$0.58$0.55$0.46$0.51$0.59$0.53$0.30$0.38$0.45$0.39$0.25$0.31$0.35$0.31$-0.04$0.37$0.40$0.26$-0.04$0.09$0.20$0.18$0.05$0.14$0.18
Low Forecast$0.59$0.60$0.59$0.51$0.54$0.55$0.52$0.44$0.48$0.56$0.50$0.28$0.36$0.43$0.37$0.12$-0.01$0.35$0.31$-0.04$0.15$0.17$0.25$-0.04$0.08$0.20$0.18$0.05$0.14$0.18
Surprise %-----------------------14.34%-6.81%-2.48%0.65%7.02%-1.53%-3.83%

According to 5 Wall Street analysts, GFL Environmental's projected average Quarter EPS for Sep 22 is $0.20, with a low estimate of $0.20 and a high estimate of $0.20. This represents a 67.75% increase compared to GFL previous annual EPS of $0.12 (Jun 22).

GFL Environmental Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MEGMontrose Environmental Group$22.00$49.33124.23%Buy
CWSTCasella Waste Systems$109.88$119.258.53%Buy
GFLGFL Environmental$44.75$45.752.23%Buy
RSGRepublic Services$214.68$201.36-6.20%Buy
SRCLStericycle$61.98$56.33-9.12%Hold
WMWaste Management$225.68$201.50-10.71%Buy
WCNWaste Connections$187.50$166.88-11.00%Buy
CLHClean Harbors$259.09$205.38-20.73%Buy

GFL Forecast FAQ


Is GFL Environmental a good buy?

Yes, according to 9 Wall Street analysts, GFL Environmental (GFL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of GFL's total ratings.

What is GFL's price target?

GFL Environmental (GFL) average price target is $45.75 with a range of $36.5 to $54, implying a 2.23% from its last price of $44.75. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will GFL Environmental stock go up soon?

According to Wall Street analysts' prediction for GFL stock, the company can go up by 2.23% (from the last price of $44.75 to the average price target of $45.75), up by 20.67% based on the highest stock price target, and down by -18.44% based on the lowest stock price target.

Can GFL Environmental stock reach $70?

GFL's average twelve months analyst stock price target of $45.75 does not support the claim that GFL Environmental can reach $70 in the near future.

What are GFL Environmental's analysts' financial forecasts?

GFL Environmental's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $15.62B (high $15.99B, low $15.37B), average EBITDA is $3.59B (high $3.68B, low $3.53B), average net income is $785.36M (high $809.79M, low $769.16M), average SG&A $1.78B (high $1.82B, low $1.75B), and average EPS is $2.09 (high $2.15, low $2.04). GFL's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $19.16B (high $19.61B, low $18.85B), average EBITDA is $4.4B (high $4.51B, low $4.33B), average net income is $882.85M (high $910.31M, low $864.64M), average SG&A $2.18B (high $2.24B, low $2.15B), and average EPS is $2.34 (high $2.42, low $2.3).

Did the GFL's actual financial results beat the analysts' financial forecasts?

Based on GFL Environmental's last annual report (Dec 2022), the company's revenue was $6.76B, beating the average analysts forecast of $6.31B by 7.22%. Apple's EBITDA was $1.61B, missing the average prediction of $1.73B by -6.71%. The company's net income was $-183M, missing the average estimation of $-547M by -66.53%. Apple's SG&A was $730.4M, missing the average forecast of $1.34B by -45.56%. Lastly, the company's EPS was $-0.51, missing the average prediction of $0.527 by -196.78%. In terms of the last quarterly report (Mar 2023), GFL Environmental's revenue was $1.8B, beating the average analysts' forecast of $1.68B by 7.29%. The company's EBITDA was $387.6M, beating the average prediction of $293.34M by 32.13%. GFL Environmental's net income was $-218M, missing the average estimation of $-871M by -74.99%. The company's SG&A was $214.5M, missing the average forecast of $512.77M by -58.17%. Lastly, the company's EPS was $-0.59, beating the average prediction of $-0.0411 by 1334.49%