Western Midstream Partners, LP (WES) Stock Forecast, Price Target & Predictions


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WES Stock Forecast


Western Midstream Partners, LP stock forecast is as follows: an average price target of $37.67 (represents a -5.94% downside from WES’s last price of $40.05) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

WES Price Target


The average price target for Western Midstream Partners, LP (WES) is $37.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $42.00 to $33.00. This represents a potential -5.94% downside from WES's last price of $40.05.

WES Analyst Ratings


Hold

According to 5 Wall Street analysts, Western Midstream Partners, LP's rating consensus is 'Hold'. The analyst rating breakdown for WES stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Western Midstream Partners, LP Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Elvira ScottoRBC Capital$38.00$38.27-0.71%-5.12%
Jul 10, 2024Selman AkyolStifel Nicolaus$39.00$41.18-5.29%-2.62%
Jun 10, 2024Robert KadMorgan Stanley$42.00$38.249.83%4.87%
May 21, 2024Michael BlumWells Fargo$35.00$38.58-9.28%-12.61%
May 07, 2024Gabriel MoreenMizuho Securities$39.00$35.649.43%-2.62%
Jan 09, 2023-Morgan Stanley$37.00$26.9837.14%-7.62%
Dec 09, 2022-Citigroup$33.00$25.6128.86%-17.60%
Apr 26, 2022-Morgan Stanley$31.00$24.1728.26%-22.60%
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The latest Western Midstream Partners, LP stock forecast, released on Aug 27, 2024 by Elvira Scotto from RBC Capital, set a price target of $38.00, which represents a -0.71% decrease from the stock price at the time of the forecast ($38.27), and a -5.12% decrease from WES last price ($40.05).

Western Midstream Partners, LP Price Target by Period


1M3M12M
# Anlaysts125
Avg Price Target$38.00$38.50$38.60
Last Closing Price$40.05$40.05$40.05
Upside/Downside-5.12%-3.87%-3.62%

In the current month, the average price target of Western Midstream Partners, LP stock is $38.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -5.12% decrease as opposed to Western Midstream Partners, LP's last price of $40.05. This month's average price target is down -1.30% compared to last quarter, and down -1.55% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 16, 2024Stifel NicolausSector PerformSector PerformHold
Sep 16, 2024RBC CapitalUnderperformUnderperformHold
Sep 16, 2024Morgan StanleyOverweightEqual-WeightDowngrade
Aug 27, 2024RBC CapitalSector PerformSector PerformHold
Aug 11, 2024Wells FargoEqual-WeightEqual-WeightHold
Jun 10, 2024Morgan StanleyOverweightOverweightHold
May 21, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 18, 2024Wolfe ResearchAbove AveragePeer PerformUpgrade
Apr 18, 2024Wolfe Research-Above AverageUpgrade
May 08, 2023Wells FargoOverweightOverweightHold
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Western Midstream Partners, LP's last stock rating was published by Stifel Nicolaus on Sep 16, 2024. The company gave WES a "Sector Perform" rating, the same as its previous rate.

Western Midstream Partners, LP Financial Forecast


Western Midstream Partners, LP Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$776.01M$738.27M$733.98M$779.44M$837.57M-$758.30M$719.21M$763.84M$719.13M$674.97M$647.48M$679.04M$671.75M$774.31M$723.21M$666.03M
Avg Forecast$1.06B$1.04B$1.04B$1.03B$996.82M$986.65M$966.87M$957.43M$947.94M$932.27M$904.94M$868.22M$850.23M$798.38M$795.73M$759.13M$816.35M$860.33M$796.73M$730.94M$762.52M$731.20M$682.56M$654.34M$663.58M$662.92M$704.18M$709.78M$698.25M$682.18M
High Forecast$1.12B$1.10B$1.09B$1.09B$1.05B$1.04B$1.02B$1.01B$1.00B$938.46M$954.91M$916.16M$858.79M$914.74M$839.67M$801.05M$861.43M$907.84M$796.73M$796.22M$830.62M$796.50M$743.52M$712.78M$722.85M$722.13M$767.07M$773.17M$760.61M$743.11M
Low Forecast$1.02B$1.00B$998.31M$992.31M$960.36M$950.56M$931.50M$922.41M$913.26M$926.06M$871.84M$836.46M$841.67M$732.39M$766.62M$731.36M$786.49M$828.86M$796.73M$682.85M$712.35M$683.09M$637.65M$611.29M$619.92M$619.31M$657.85M$663.08M$652.31M$637.30M
# Analysts111111111311254433112229101691088
Surprise %-------------0.97%0.93%0.97%0.95%0.97%-1.04%0.94%1.04%1.05%1.03%0.98%1.02%0.95%1.09%1.04%0.98%

Western Midstream Partners, LP's average Quarter revenue forecast for Dec 23 based on 2 analysts is $850.23M, with a low forecast of $841.67M, and a high forecast of $858.79M. WES's average Quarter revenue forecast represents a 9.56% increase compared to the company's last Quarter revenue of $776.01M (Sep 23).

Western Midstream Partners, LP EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111311254433112229101691088
EBITDA-------------$342.81M$310.89M$490.57M$346.07M$510.97M-$536.11M$459.96M$486.66M$462.68M$412.61M$470.29M$474.31M$489.08M$-43.03M$485.29M$325.82M
Avg Forecast$684.01M$674.48M$670.19M$666.16M$644.72M$638.14M$625.34M$619.24M$613.10M$602.96M$585.29M$369.29M$549.90M$516.37M$514.65M$335.72M$527.99M$543.96M$515.30M$305.20M$509.50M$494.51M$486.62M$489.02M$424.61M$426.88M$394.03M$-111.96M$318.43M$456.06M
High Forecast$721.77M$711.72M$707.20M$702.95M$680.32M$673.37M$659.87M$653.43M$646.95M$606.97M$617.61M$443.15M$555.44M$591.62M$543.07M$402.86M$557.15M$652.76M$515.30M$366.24M$611.40M$593.41M$583.94M$586.82M$509.53M$512.26M$472.84M$-89.57M$382.11M$547.28M
Low Forecast$658.98M$649.81M$645.68M$641.79M$621.13M$614.79M$602.46M$596.59M$590.67M$598.95M$563.88M$295.43M$544.36M$473.69M$495.83M$268.58M$508.68M$435.17M$515.30M$244.16M$407.60M$395.61M$389.29M$391.22M$339.68M$341.50M$315.23M$-134.35M$254.74M$364.85M
Surprise %-------------0.66%0.60%1.46%0.66%0.94%-1.76%0.90%0.98%0.95%0.84%1.11%1.11%1.24%0.38%1.52%0.71%

2 analysts predict WES's average Quarter EBITDA for Dec 23 to be $549.90M, with a high of $555.44M and a low of $544.36M. This is 60.41% upper than Western Midstream Partners, LP's previous annual EBITDA (Sep 23) of $342.81M.

Western Midstream Partners, LP Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111311254433112229101691088
Net Income-------------$277.30M$252.92M$203.65M$336.32M$265.75M-$308.72M$250.85M$255.72M$231.26M$185.79M$263.89M$246.61M$273.04M$-256.53M$287.77M$121.22M
Avg Forecast$407.95M$376.37M$383.98M$406.30M$380.14M$353.22M$341.37M$348.91M$345.40M$327.63M$320.44M$287.82M$300.96M$241.95M$253.80M$261.65M$276.05M$285.83M$292.78M$237.86M$269.74M$259.85M$243.22M$220.20M$229.23M$221.95M$218.43M$-719.78M$187.68M$168.05M
High Forecast$437.23M$403.38M$411.55M$435.47M$407.43M$378.58M$365.87M$373.95M$370.19M$358.47M$343.45M$345.38M$331.82M$260.85M$272.02M$313.98M$295.86M$343.00M$292.78M$285.44M$323.69M$311.82M$291.86M$264.24M$275.07M$266.34M$262.12M$-575.83M$225.21M$201.66M
Low Forecast$388.55M$358.47M$365.72M$386.98M$362.07M$336.43M$325.13M$332.31M$328.97M$316.07M$305.20M$230.25M$277.81M$226.83M$241.73M$209.32M$262.92M$228.67M$292.78M$190.29M$215.79M$207.88M$194.58M$176.16M$183.38M$177.56M$174.74M$-863.74M$150.14M$134.44M
Surprise %-------------1.15%1.00%0.78%1.22%0.93%-1.30%0.93%0.98%0.95%0.84%1.15%1.11%1.25%0.36%1.53%0.72%

Western Midstream Partners, LP's average Quarter net income forecast for Dec 23 is $300.96M, with a range of $277.81M to $331.82M. WES's average Quarter net income forecast represents a 8.53% increase compared to the company's last Quarter net income of $277.30M (Sep 23).

Western Midstream Partners, LP SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111311254433112229101691088
SG&A-------------$55.05M$53.41M$51.12M$49.38M$48.19M-$48.60M$55.58M$50.41M$44.45M$45.12M$37.30M$41.58M$36.42M$40.47M$30.95M$30.77M
Avg Forecast$63.54M$62.66M$62.26M$61.89M$59.89M$59.28M$58.09M$57.53M$56.96M$56.02M$54.37M$45.31M$51.09M$47.97M$47.81M$41.19M$49.05M$56.34M$47.87M$37.45M$61.56M$51.22M$46.75M$53.47M$1.41M$173.94M$160.80M$612.05M$143.38M$308.64M
High Forecast$67.05M$66.12M$65.70M$65.30M$63.20M$62.56M$61.30M$60.70M$60.10M$56.39M$57.38M$54.37M$51.60M$54.96M$50.45M$49.43M$51.76M$67.61M$47.87M$44.94M$73.87M$61.47M$56.10M$64.16M$1.69M$208.72M$192.96M$734.46M$172.05M$370.36M
Low Forecast$61.22M$60.37M$59.98M$59.62M$57.70M$57.11M$55.97M$55.42M$54.87M$55.64M$52.38M$36.25M$50.57M$44.01M$46.06M$32.95M$47.26M$45.08M$47.87M$29.96M$49.25M$40.98M$37.40M$42.78M$1.13M$139.15M$128.64M$489.64M$114.70M$246.91M
Surprise %-------------1.15%1.12%1.24%1.01%0.86%-1.30%0.90%0.98%0.95%0.84%26.42%0.24%0.23%0.07%0.22%0.10%

Western Midstream Partners, LP's average Quarter SG&A projection for Dec 23 is $51.09M, based on 2 Wall Street analysts, with a range of $50.57M to $51.60M. The forecast indicates a -7.20% fall compared to WES last annual SG&A of $55.05M (Sep 23).

Western Midstream Partners, LP EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111311254433112229101691088
EPS-------------$0.72$0.66$0.54$0.85$0.67-$0.75$0.62$0.61$0.55$0.44$0.62$0.55$0.60$-0.57$0.62$0.27
Avg Forecast$1.07$0.98$1.00$1.06$0.99$0.92$0.89$0.91$0.90$0.86$0.84$0.77$0.79$0.63$0.66$0.64$0.72$0.74$0.77$0.62$0.65$0.63$0.57$0.54$0.59$0.51$0.50$0.50$0.46$0.45
High Forecast$1.14$1.06$1.08$1.14$1.07$0.99$0.96$0.98$0.97$0.94$0.90$0.82$0.87$0.68$0.71$0.69$0.77$0.80$0.77$0.69$0.73$0.70$0.64$0.61$0.66$0.57$0.56$0.56$0.51$0.51
Low Forecast$1.02$0.94$0.96$1.01$0.95$0.88$0.85$0.87$0.86$0.83$0.80$0.73$0.73$0.59$0.63$0.61$0.69$0.71$0.77$0.56$0.60$0.58$0.52$0.50$0.54$0.46$0.46$0.46$0.42$0.42
Surprise %-------------1.14%0.99%0.84%1.18%0.90%-1.22%0.95%0.97%0.96%0.81%1.05%1.08%1.20%-1.14%1.35%0.59%

According to 2 Wall Street analysts, Western Midstream Partners, LP's projected average Quarter EPS for Dec 23 is $0.79, with a low estimate of $0.73 and a high estimate of $0.87. This represents a 9.35% increase compared to WES previous annual EPS of $0.72 (Sep 23).

Western Midstream Partners, LP Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EPDEnterprise Products Partners$29.52$30.503.32%Buy
ETEnergy Transfer LP$16.02$16.00-0.12%Buy
GELGenesis Energy$13.33$13.00-2.48%Hold
WESWestern Midstream Partners, LP$40.05$37.67-5.94%Hold
HESMHess Midstream LP$36.95$34.33-7.09%Hold
PAAPlains All American Pipeline$17.79$15.58-12.42%Hold
MPLXMPLX LP$43.86$38.30-12.68%Buy
AMAntero Midstream$15.05$12.50-16.94%Buy
DTMDT Midstream$77.56$61.75-20.38%Buy

WES Forecast FAQ


No, according to 5 Wall Street analysts, Western Midstream Partners, LP (WES) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of WES's total ratings.

Western Midstream Partners, LP (WES) average price target is $37.67 with a range of $33 to $42, implying a -5.94% from its last price of $40.05. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WES stock, the company can go down by -5.94% (from the last price of $40.05 to the average price target of $37.67), up by 4.87% based on the highest stock price target, and down by -17.60% based on the lowest stock price target.

WES's average twelve months analyst stock price target of $37.67 does not support the claim that Western Midstream Partners, LP can reach $60 in the near future.

1 Wall Street analyst forecast a $38 price target for Western Midstream Partners, LP (WES) this month, down -5.12% from its last price of $40.05. Compared to the last 3 and 12 months, the average price target decreased by -3.87% and decreased by -3.62%, respectively.

Western Midstream Partners, LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.91B (high $4.12B, low $3.76B), average EBITDA is $2.53B (high $2.67B, low $2.43B), average net income is $1.42B (high $1.53B, low $1.36B), average SG&A $234.8M (high $247.77M, low $226.21M), and average EPS is $3.72 (high $3.99, low $3.55). WES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.17B (high $4.4B, low $4.01B), average EBITDA is $2.69B (high $2.84B, low $2.6B), average net income is $1.57B (high $1.69B, low $1.5B), average SG&A $250.35M (high $264.18M, low $241.2M), and average EPS is $4.12 (high $4.41, low $3.92).

Based on Western Midstream Partners, LP's last annual report (Dec 2022), the company's revenue was $3.25B, beating the average analysts forecast of $3.2B by 1.48%. Apple's EBITDA was $2.09B, beating the average prediction of $1.89B by 10.37%. The company's net income was $1.22B, beating the average estimation of $1.09B by 11.40%. Apple's SG&A was $194.02M, beating the average forecast of $190.71M by 1.73%. Lastly, the company's EPS was $3.01, beating the average prediction of $2.85 by 5.72%. In terms of the last quarterly report (Sep 2023), Western Midstream Partners, LP's revenue was $776.01M, missing the average analysts' forecast of $798.38M by -2.80%. The company's EBITDA was $342.81M, missing the average prediction of $516.37M by -33.61%. Western Midstream Partners, LP's net income was $277.3M, beating the average estimation of $241.95M by 14.61%. The company's SG&A was $55.05M, beating the average forecast of $47.97M by 14.76%. Lastly, the company's EPS was $0.72, beating the average prediction of $0.633 by 13.75%