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Waste Connections (WCN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

WCN Stock Forecast

Waste Connections stock forecast is as follows: an average price target of $192.50 (represents a 10.44% upside from WCN’s last price of $174.31) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

WCN Price Target

The average price target for Waste Connections (WCN) is $192.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $195.00 to $190.00. This represents a potential 10.44% upside from WCN's last price of $174.31.

WCN Analyst Ratings

Buy

According to 11 Wall Street analysts, Waste Connections's rating consensus is 'Buy'. The analyst rating breakdown for WCN stock is 1 'Strong Buy' (9.09%), 7 'Buy' (63.64%), 3 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Waste Connections Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 13, 2024Noah KayeOppenheimer$195.00$185.794.96%11.87%
Oct 21, 2024Noah KayeOppenheimer$194.00$181.936.64%11.30%
Jul 26, 2024Bryan BurgmeierCitigroup$190.00$175.668.16%9.00%
Apr 08, 2024Derek SpronckRBC Capital$196.00$168.0116.66%12.45%
Mar 18, 2024Noah KayeOppenheimer$180.00$171.744.81%3.27%
Jul 02, 2022Toni KaplanMorgan Stanley$160.00$125.3227.67%-8.21%
Oct 29, 2021Kyle White, CFADeutsche Bank$145.00$135.527.00%-16.81%
Oct 29, 2021Jon WindhamUBS$150.00$135.5210.68%-13.94%
Oct 21, 2021Sean EastmanKeyBanc$146.00$132.4810.21%-16.24%
Aug 06, 2021Michael E. HoffmanStifel Nicolaus$154.00$125.0423.16%-11.65%

The latest Waste Connections stock forecast, released on Dec 13, 2024 by Noah Kaye from Oppenheimer, set a price target of $195.00, which represents a 4.96% increase from the stock price at the time of the forecast ($185.79), and a 11.87% increase from WCN last price ($174.31).

Waste Connections Price Target by Period

1M3M12M
# Anlaysts125
Avg Price Target$195.00$194.50$191.00
Last Closing Price$174.31$174.31$174.31
Upside/Downside11.87%11.59%9.58%

In the current month, the average price target of Waste Connections stock is $195.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 11.87% increase as opposed to Waste Connections's last price of $174.31. This month's average price target is up 0.26% compared to last quarter, and up 2.09% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 13, 2024OppenheimerOutperformOutperformHold
Oct 21, 2024OppenheimerOutperformOutperformHold
Oct 09, 2024Eight CapitalNeutralInitialise
Oct 03, 2024ScotiabankHoldSector PerformInitialise
Jul 26, 2024CitigroupNeutralNeutralHold
Jul 26, 2024CIBCOutperformOutperformHold
Jul 26, 2024RBC CapitalOutperformOutperformHold
Jul 26, 2024Cowen & Co.BuyBuyHold
Jul 26, 2024BMO CapitalOutperformOutperformHold
May 23, 2024Deutsche BankBuyInitialise
Apr 08, 2024RBC CapitalOutperformOutperformHold
Feb 15, 2024BMO CapitalOutperformOutperformHold
Feb 15, 2024RBC CapitalOutperformOutperformHold
Jan 18, 2024CitigroupNeutralNeutralHold
Jul 21, 2023Raymond JamesStrong BuyStrong BuyHold
Aug 16, 2022Morgan StanleyPositivePositiveHold
Aug 05, 2022Raymond JamesStrong BuyStrong BuyHold
Jul 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 22, 2022Morgan StanleyOverweightOverweightHold
Apr 26, 2022ScotiabankHoldDowngrade
Feb 18, 2022BMO CapitalOutperformOutperformHold
Feb 18, 2022Raymond JamesStrong BuyStrong BuyHold

Waste Connections's last stock rating was published by Oppenheimer on Dec 13, 2024. The company gave WCN a "Outperform" rating, the same as its previous rate.

Waste Connections Financial Forecast

Waste Connections 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--------------------$2.04B--$1.90B$1.87B$1.88B$1.82B$1.65B$1.62B$1.60B
Avg Forecast$3.59B$3.50B$3.41B$3.33B$2.69B$2.79B$2.77B$2.59B$2.55B$2.67B$2.61B$2.45B$2.41B$2.50B$2.42B$2.27B$2.25B$2.30B$2.22B$2.05B$2.04B$2.06B$2.01B$1.89B$1.85B$1.87B$1.80B$1.61B$1.59B$1.57B
High Forecast$3.66B$3.56B$3.48B$3.39B$2.74B$2.84B$2.82B$2.64B$2.60B$2.72B$2.66B$2.49B$2.45B$2.54B$2.47B$2.29B$2.26B$2.30B$2.22B$2.05B$2.05B$2.08B$2.05B$1.93B$1.88B$1.87B$1.80B$1.61B$1.59B$1.57B
Low Forecast$3.54B$3.45B$3.37B$3.28B$2.65B$2.75B$2.73B$2.56B$2.51B$2.63B$2.58B$2.41B$2.37B$2.46B$2.39B$2.23B$2.22B$2.29B$2.22B$2.05B$2.03B$2.05B$1.99B$1.87B$1.82B$1.87B$1.80B$1.61B$1.59B$1.57B
# Analysts2345633333454527137548168912778138
Surprise %--------------------1.00%--1.00%1.01%1.00%1.01%1.02%1.02%1.02%

Waste Connections's average Quarter revenue forecast for Mar 24 based on 4 analysts is $2.05B, with a low forecast of $2.05B, and a high forecast of $2.05B. WCN's average Quarter revenue forecast represents a 0.93% increase compared to the company's last Quarter revenue of $2.04B (Dec 23).

Waste Connections 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
# Analysts2345633333454527137548168912778138
EBITDA--------------------$224.52M--$565.78M$557.72M$582.62M$558.14M$489.99M$464.80M$380.52M
Avg Forecast$1.06B$1.04B$1.01B$986.57M$797.55M$826.32M$820.66M$768.87M$755.84M$790.93M$774.29M$724.81M$712.97M$740.72M$718.52M$672.11M$666.44M$680.48M$658.08M$597.68M$603.03M$611.84M$596.92M$543.35M$498.65M$572.67M$548.78M$493.95M$485.00M$479.72M
High Forecast$1.08B$1.06B$1.03B$1.00B$811.85M$841.13M$835.37M$782.65M$769.39M$805.11M$788.17M$737.80M$725.75M$754.00M$731.40M$678.03M$669.42M$680.99M$658.08M$717.22M$606.00M$617.24M$607.62M$652.02M$598.38M$572.67M$548.78M$592.74M$485.00M$479.72M
Low Forecast$1.05B$1.02B$997.14M$972.29M$786.01M$814.36M$808.78M$757.74M$744.90M$779.48M$763.09M$714.32M$702.65M$730.00M$708.12M$660.27M$656.79M$679.97M$658.08M$478.15M$600.06M$606.67M$588.28M$434.68M$398.92M$572.67M$548.78M$395.16M$485.00M$479.72M
Surprise %--------------------0.37%--1.04%1.12%1.02%1.02%0.99%0.96%0.79%

4 analysts predict WCN's average Quarter EBITDA for Mar 24 to be $597.68M, with a high of $717.22M and a low of $478.15M. This is 166.21% upper than Waste Connections's previous annual EBITDA (Dec 23) of $224.52M.

Waste Connections 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
# Analysts2345633333454527137548168912778138
Net Income--------------------$126.75M--$197.81M$194.35M$236.91M$224.07M$180.32M$166.43M$114.38M
Avg Forecast$488.33M$512.39M$481.21M$431.27M$451.45M$473.01M$442.24M$392.46M$394.61M$425.49M$395.47M$336.18M$356.39M$384.31M$351.69M$298.99M$312.68M$336.69M$302.33M$220.82M$279.59M$293.82M$261.38M$200.75M$178.43M$263.40M$245.94M$182.50M$211.46M$220.84M
High Forecast$499.71M$524.33M$492.42M$441.32M$461.97M$484.03M$452.55M$401.60M$403.81M$435.40M$404.68M$344.01M$364.70M$393.27M$359.88M$316.88M$317.84M$337.87M$302.38M$264.99M$295.12M$306.71M$267.47M$240.90M$214.11M$263.40M$245.94M$219.00M$211.46M$220.84M
Low Forecast$479.14M$502.75M$472.16M$423.15M$442.96M$464.11M$433.92M$385.07M$387.19M$417.48M$388.02M$329.85M$349.68M$377.08M$345.07M$278.55M$304.92M$335.50M$302.28M$176.66M$269.23M$265.47M$256.46M$160.60M$142.74M$263.40M$245.94M$146.00M$211.46M$220.84M
Surprise %--------------------0.45%--0.99%1.09%0.90%0.91%0.99%0.79%0.52%

Waste Connections's average Quarter net income forecast for Mar 24 is $220.82M, with a range of $176.66M to $264.99M. WCN's average Quarter net income forecast represents a 74.21% increase compared to the company's last Quarter net income of $126.75M (Dec 23).

Waste Connections 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
# Analysts2345633333454527137548168912778138
SG&A--------------------$192.75M--$193.67M$177.76M$186.89M$168.40M$163.41M$157.45M$155.52M
Avg Forecast$356.14M$347.27M$338.61M$330.18M$266.92M$276.54M$274.65M$257.32M$252.96M$264.70M$259.13M$242.57M$238.61M$247.90M$240.47M$224.94M$223.04M$227.74M$220.24M$200.11M$201.82M$204.77M$199.77M$181.92M$168.92M$185.37M$177.64M$165.38M$156.99M$155.29M
High Forecast$362.53M$353.49M$344.68M$336.09M$271.70M$281.50M$279.57M$261.93M$257.49M$269.45M$263.78M$246.92M$242.89M$252.34M$244.78M$226.92M$224.03M$227.91M$220.24M$240.14M$202.81M$206.57M$203.35M$218.31M$202.70M$185.37M$177.64M$198.46M$156.99M$155.29M
Low Forecast$350.99M$342.24M$333.71M$325.40M$263.05M$272.54M$270.68M$253.59M$249.30M$260.87M$255.38M$239.06M$235.16M$244.31M$236.99M$220.97M$219.81M$227.57M$220.24M$160.09M$200.82M$203.03M$196.88M$145.54M$135.14M$185.37M$177.64M$132.31M$156.99M$155.29M
Surprise %--------------------0.96%--1.06%1.05%1.01%0.95%0.99%1.00%1.00%

Waste Connections's average Quarter SG&A projection for Mar 24 is $200.11M, based on 4 Wall Street analysts, with a range of $160.09M to $240.14M. The forecast indicates a 3.82% rise compared to WCN last annual SG&A of $192.75M (Dec 23).

Waste Connections 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
# Analysts2345633333454527137548168912778138
EPS-----------------------$0.77$0.76$0.92$0.87$0.70$0.64$0.44
Avg Forecast$1.89$1.98$1.86$1.67$1.74$1.83$1.71$1.52$1.53$1.64$1.53$1.30$1.38$1.49$1.36$1.16$1.21$1.30$1.17$1.00$1.08$1.14$1.01$0.87$0.88$1.02$0.95$0.83$0.82$0.85
High Forecast$1.93$2.03$1.90$1.71$1.79$1.87$1.75$1.55$1.56$1.68$1.56$1.33$1.41$1.52$1.39$1.22$1.23$1.31$1.17$1.00$1.14$1.19$1.03$0.89$0.90$1.02$0.95$0.83$0.82$0.85
Low Forecast$1.85$1.94$1.82$1.64$1.71$1.79$1.68$1.49$1.50$1.61$1.50$1.27$1.35$1.46$1.33$1.08$1.18$1.30$1.17$1.00$1.04$1.03$0.99$0.86$0.86$1.02$0.95$0.83$0.82$0.85
Surprise %-----------------------0.88%0.87%0.90%0.91%0.84%0.78%0.52%

According to 8 Wall Street analysts, Waste Connections's projected average Quarter EPS for Jun 23 is $1.01, with a low estimate of $0.99 and a high estimate of $1.03. This represents a 31.19% increase compared to WCN previous annual EPS of $0.77 (Mar 23).

Waste Connections Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MEGMontrose Environmental Group$17.51$43.00145.57%Buy
CLHClean Harbors$239.54$271.5013.34%Buy
CWSTCasella Waste Systems$106.50$119.2511.97%Buy
RSGRepublic Services$205.62$227.5010.64%Buy
GFLGFL Environmental$44.56$48.679.22%Buy
WCNWaste Connections$176.26$192.509.21%Buy
WMWaste Management$209.00$227.338.77%Buy

WCN Forecast FAQ

Is Waste Connections a good buy?

Yes, according to 11 Wall Street analysts, Waste Connections (WCN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 7 'Buy' recommendations, accounting for 72.73% of WCN's total ratings.

What is WCN's price target?

Waste Connections (WCN) average price target is $192.5 with a range of $190 to $195, implying a 10.44% from its last price of $174.31. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Waste Connections stock go up soon?

According to Wall Street analysts' prediction for WCN stock, the company can go up by 10.44% (from the last price of $174.31 to the average price target of $192.5), up by 11.87% based on the highest stock price target, and up by 9.00% based on the lowest stock price target.

Can Waste Connections stock reach $300?

WCN's average twelve months analyst stock price target of $192.5 does not support the claim that Waste Connections can reach $300 in the near future.

What is Waste Connections's current price target trend?

1 Wall Street analyst forecast a $195 price target for Waste Connections (WCN) this month, up 11.87% from its last price of $174.31. Compared to the last 3 and 12 months, the average price target increased by 11.59% and increased by 9.58%, respectively.

What are Waste Connections's analysts' financial forecasts?

Waste Connections's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $10.84B (high $11.04B, low $10.69B), average EBITDA is $3.21B (high $3.27B, low $3.17B), average net income is $1.76B (high $1.8B, low $1.73B), average SG&A $1.08B (high $1.09B, low $1.06B), and average EPS is $6.8 (high $6.96, low $6.67). WCN's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $13.84B (high $14.09B, low $13.64B), average EBITDA is $4.1B (high $4.17B, low $4.04B), average net income is $1.91B (high $1.96B, low $1.88B), average SG&A $1.37B (high $1.4B, low $1.35B), and average EPS is $7.39 (high $7.57, low $7.25).

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

Based on Waste Connections's last annual report (Dec 2023), the company's revenue was $8.02B, beating the average analysts forecast of $8.01B by 0.16%. Apple's EBITDA was $1.24B, missing the average prediction of $2.36B by -47.51%. The company's net income was $762.8M, missing the average estimation of $1.04B by -26.34%. Apple's SG&A was $799.12M, beating the average forecast of $788.27M by 1.38%. Lastly, the company's EPS was $0, missing the average prediction of $4.1 by -100.00%. In terms of the last quarterly report (Dec 2023), Waste Connections's revenue was $2.04B, beating the average analysts' forecast of $2.04B by 0.02%. The company's EBITDA was $224.52M, missing the average prediction of $603.03M by -62.77%. Waste Connections's net income was $126.75M, missing the average estimation of $279.59M by -54.66%. The company's SG&A was $192.75M, missing the average forecast of $201.82M by -4.49%. Lastly, the company's EPS was $0, missing the average prediction of $1.08 by -100.00%