Western Midstream Partners, LP (WES) Stock Forecast, Price Target & Predictions
WES Stock Forecast
Western Midstream Partners, LP stock forecast is as follows: an average price target of $38.17 (represents a 1.95% upside from WES’s last price of $37.44) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
WES Price Target
The average price target for Western Midstream Partners, LP (WES) is $38.17 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $42.00 to $33.00. This represents a potential 1.95% upside from WES's last price of $37.44.
WES Analyst Ratings
According to 6 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' (16.67%), 5 'Hold' (83.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Western Midstream Partners, LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Elvira Scotto | RBC Capital | $41.00 | $38.95 | 5.26% | 9.51% |
| Aug 27, 2024 | Elvira Scotto | RBC Capital | $38.00 | $38.27 | -0.71% | 1.50% |
| Jul 10, 2024 | Selman Akyol | Stifel Nicolaus | $39.00 | $41.18 | -5.29% | 4.17% |
| Jun 10, 2024 | Robert Kad | Morgan Stanley | $42.00 | $38.24 | 9.83% | 12.18% |
| May 21, 2024 | Michael Blum | Wells Fargo | $35.00 | $38.58 | -9.28% | -6.52% |
| May 07, 2024 | Gabriel Moreen | Mizuho Securities | $39.00 | $35.64 | 9.43% | 4.17% |
| Jan 09, 2023 | - | Morgan Stanley | $37.00 | $26.98 | 37.14% | -1.18% |
| Dec 09, 2022 | - | Citigroup | $33.00 | $25.61 | 28.86% | -11.86% |
| Apr 26, 2022 | - | Morgan Stanley | $31.00 | $24.17 | 28.26% | -17.20% |
The latest Western Midstream Partners, LP stock forecast, released on Oct 16, 2024 by Elvira Scotto from RBC Capital, set a price target of $41.00, which represents a 5.26% increase from the stock price at the time of the forecast ($38.95), and a 9.51% increase from WES last price ($37.44).
Western Midstream Partners, LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $39.50 | $39.00 |
| Last Closing Price | $37.44 | $37.44 | $37.44 |
| Upside/Downside | -100.00% | 5.50% | 4.17% |
In the current month, the average price target of Western Midstream Partners, LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Western Midstream Partners, LP's last price of $37.44. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 16, 2024 | Stifel Nicolaus | Sector Perform | Sector Perform | Hold |
| Sep 16, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Sep 16, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Aug 27, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 11, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 10, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 21, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 18, 2024 | Wolfe Research | Above Average | Peer Perform | Upgrade |
| Apr 18, 2024 | Wolfe Research | - | Above Average | Upgrade |
Western Midstream Partners, LP's last stock rating was published by RBC Capital on Oct 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $776.01M | $738.27M | $733.98M | $779.44M | $837.57M | $876.42M | $758.30M | $719.21M | $763.84M | $719.13M | $674.97M | $647.48M | $679.04M | $671.75M | $774.31M | $723.21M | $666.03M |
| Avg Forecast | $1.05B | $1.01B | $1.02B | $1.01B | $978.36M | $953.73M | $950.26M | $940.17M | $941.84M | $924.83M | $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 | $1.06B | $1.02B | $1.03B | $1.02B | $992.09M | $967.11M | $963.59M | $955.14M | $945.35M | $926.38M | $904.94M | $868.22M | $858.79M | $914.74M | $806.89M | $769.78M | $827.80M | $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 |
| Low Forecast | $1.03B | $993.87M | $1.00B | $991.15M | $964.64M | $940.35M | $936.93M | $925.20M | $938.34M | $923.28M | $904.94M | $868.22M | $841.67M | $732.39M | $784.57M | $748.48M | $804.90M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.93% | 0.97% | 0.95% | 0.97% | 1.10% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $342.81M | $310.89M | $490.57M | $346.07M | $510.97M | $534.55M | $536.11M | $459.96M | $486.66M | $462.68M | $412.61M | $470.29M | $474.31M | $489.08M | $-43.03M | $485.29M | $325.82M |
| Avg Forecast | $638.81M | $615.81M | $620.50M | $614.12M | $597.69M | $582.65M | $580.53M | $574.36M | $575.38M | $564.99M | $552.84M | $369.29M | $519.42M | $487.74M | $486.12M | $335.72M | $560.45M | $556.43M | $515.30M | $305.20M | $493.17M | $472.92M | $441.46M | $489.02M | $429.18M | $428.76M | $455.44M | $-111.96M | $451.60M | $441.21M |
| High Forecast | $647.77M | $624.45M | $629.21M | $622.74M | $606.08M | $590.82M | $588.67M | $583.51M | $577.53M | $565.94M | $552.84M | $443.15M | $524.64M | $558.83M | $492.94M | $402.86M | $672.54M | $556.43M | $515.30M | $366.24M | $493.17M | $472.92M | $441.46M | $586.82M | $429.18M | $428.76M | $455.44M | $-89.57M | $451.60M | $441.21M |
| Low Forecast | $629.85M | $607.17M | $611.80M | $605.51M | $589.31M | $574.47M | $572.38M | $565.22M | $573.24M | $564.04M | $552.84M | $295.43M | $514.18M | $447.43M | $479.30M | $268.58M | $448.36M | $556.43M | $515.30M | $244.16M | $493.17M | $472.92M | $441.46M | $391.22M | $429.18M | $428.76M | $455.44M | $-134.35M | $451.60M | $441.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.64% | 1.46% | 0.62% | 0.92% | 1.04% | 1.76% | 0.93% | 1.03% | 1.05% | 0.84% | 1.10% | 1.11% | 1.07% | 0.38% | 1.07% | 0.74% |
2 analysts predict WES's average Quarter EBITDA for Dec 23 to be $519.42M, with a high of $524.64M and a low of $514.18M. This is 51.52% upper than Western Midstream Partners, LP's previous annual EBITDA (Sep 23) of $342.81M.
Western Midstream Partners, LP Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $277.30M | $252.92M | $203.65M | $336.32M | $265.75M | $306.32M | $308.72M | $250.85M | $255.72M | $231.26M | $185.79M | $263.89M | $246.61M | $273.04M | $-256.53M | $287.77M | $121.22M |
| Avg Forecast | $381.17M | $365.95M | $354.30M | $377.53M | $369.14M | $340.10M | $329.34M | $338.04M | $336.04M | $319.27M | $320.75M | $287.82M | $301.24M | $242.18M | $254.04M | $261.65M | $296.72M | $283.81M | $293.26M | $237.86M | $249.86M | $240.77M | $219.28M | $220.20M | $224.85M | $194.32M | $190.89M | $-719.78M | $175.62M | $173.71M |
| High Forecast | $388.13M | $372.63M | $360.76M | $384.42M | $375.87M | $346.30M | $335.35M | $344.20M | $347.37M | $323.01M | $320.81M | $345.38M | $332.14M | $261.10M | $258.67M | $313.98M | $356.06M | $283.81M | $293.26M | $285.44M | $249.86M | $240.77M | $219.28M | $264.24M | $224.85M | $194.32M | $190.89M | $-575.83M | $175.62M | $173.71M |
| Low Forecast | $374.22M | $359.28M | $347.84M | $370.64M | $362.40M | $333.89M | $323.33M | $334.24M | $309.61M | $315.52M | $320.69M | $230.25M | $278.07M | $227.04M | $249.41M | $209.32M | $237.37M | $283.81M | $293.26M | $190.29M | $249.86M | $240.77M | $219.28M | $176.16M | $224.85M | $194.32M | $190.89M | $-863.74M | $175.62M | $173.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.00% | 0.78% | 1.13% | 0.94% | 1.04% | 1.30% | 1.00% | 1.06% | 1.05% | 0.84% | 1.17% | 1.27% | 1.43% | 0.36% | 1.64% | 0.70% |
Western Midstream Partners, LP's average Quarter net income forecast for Dec 23 is $301.24M, with a range of $278.07M to $332.14M. WES's average Quarter net income forecast represents a 8.64% increase compared to the company's last Quarter net income of $277.30M (Sep 23).
Western Midstream Partners, LP SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.05M | $53.41M | $51.12M | $49.38M | $48.19M | $47.85M | $48.60M | $55.58M | $50.41M | $44.45M | $45.12M | $37.30M | $41.58M | $36.42M | $40.47M | $30.95M | $30.77M |
| Avg Forecast | $62.83M | $60.57M | $61.03M | $60.40M | $58.79M | $57.31M | $57.10M | $56.49M | $56.59M | $55.57M | $54.37M | $45.31M | $51.09M | $47.97M | $47.81M | $41.19M | $67.72M | $51.69M | $47.87M | $37.45M | $45.82M | $43.93M | $41.01M | $53.47M | $39.87M | $39.83M | $42.31M | $612.05M | $41.95M | $40.99M |
| High Forecast | $63.71M | $61.42M | $61.88M | $61.25M | $59.61M | $58.11M | $57.90M | $57.39M | $56.80M | $55.66M | $54.37M | $54.37M | $51.60M | $54.96M | $48.48M | $49.43M | $81.26M | $51.69M | $47.87M | $44.94M | $45.82M | $43.93M | $41.01M | $64.16M | $39.87M | $39.83M | $42.31M | $734.46M | $41.95M | $40.99M |
| Low Forecast | $61.95M | $59.72M | $60.17M | $59.55M | $57.96M | $56.50M | $56.30M | $55.59M | $56.38M | $55.48M | $54.37M | $36.25M | $50.57M | $44.01M | $47.14M | $32.95M | $54.17M | $51.69M | $47.87M | $29.96M | $45.82M | $43.93M | $41.01M | $42.78M | $39.87M | $39.83M | $42.31M | $489.64M | $41.95M | $40.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.12% | 1.24% | 0.73% | 0.93% | 1.00% | 1.30% | 1.21% | 1.15% | 1.08% | 0.84% | 0.94% | 1.04% | 0.86% | 0.07% | 0.74% | 0.75% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.72 | $0.66 | $0.54 | $0.85 | $0.67 | $0.74 | $0.75 | $0.62 | $0.61 | $0.55 | $0.44 | $0.62 | $0.55 | $0.60 | $-0.57 | $0.62 | $0.27 |
| Avg Forecast | $1.00 | $0.96 | $0.93 | $0.99 | $0.96 | $0.89 | $0.86 | $0.88 | $0.88 | $0.83 | $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 | $1.01 | $0.97 | $0.94 | $1.00 | $0.98 | $0.91 | $0.88 | $0.90 | $0.91 | $0.84 | $0.84 | $0.77 | $0.87 | $0.68 | $0.68 | $0.65 | $0.74 | $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 |
| Low Forecast | $0.98 | $0.94 | $0.91 | $0.97 | $0.95 | $0.87 | $0.85 | $0.87 | $0.81 | $0.82 | $0.84 | $0.77 | $0.73 | $0.59 | $0.65 | $0.63 | $0.71 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.99% | 0.84% | 1.18% | 0.90% | 0.96% | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GEL | Genesis Energy | $11.56 | $13.00 | 12.46% | Buy |
| WES | Western Midstream Partners, LP | $37.44 | $38.17 | 1.95% | Hold |
| EPD | Enterprise Products Partners | $31.79 | $31.36 | -1.35% | Buy |
| HESM | Hess Midstream LP | $36.07 | $34.33 | -4.82% | Hold |
| PAA | Plains All American Pipeline | $17.56 | $15.77 | -10.19% | Hold |
| ET | Energy Transfer LP | $18.28 | $16.40 | -10.28% | Buy |
| AM | Antero Midstream | $15.43 | $13.17 | -14.65% | Buy |
| MPLX | MPLX LP | $47.58 | $39.09 | -17.84% | Buy |
| DTM | DT Midstream | $102.73 | $67.00 | -34.78% | Buy |