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Advanced Drainage Systems (WMS) Stock Forecast, Price Target & Predictions

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WMS Stock Forecast

Advanced Drainage Systems stock forecast is as follows: an average price target of $183.75 (represents a 59.57% upside from WMS’s last price of $115.15) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

WMS Price Target

The average price target for Advanced Drainage Systems (WMS) is $183.75 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $194.00 to $170.00. This represents a potential 59.57% upside from WMS's last price of $115.15.

WMS Analyst Ratings

Buy

According to 8 Wall Street analysts, Advanced Drainage Systems's rating consensus is 'Buy'. The analyst rating breakdown for WMS stock is 0 'Strong Buy' (0.00%), 8 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Advanced Drainage Systems Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Bryan BlairOppenheimer$184.00$154.8418.83%59.79%
Nov 11, 2024Garik ShmoisLoop Capital Markets$170.00$154.849.79%47.63%
Sep 03, 2024Garik ShmoisLoop Capital Markets$180.00$151.4518.85%56.32%
Aug 09, 2024Michael HalloranRobert W. Baird$187.00$146.2227.89%62.40%
Aug 09, 2024Matthew BouleyBarclays$194.00$146.2232.68%68.48%
May 17, 2024Trey GroomsStephens$193.00$172.4411.92%67.61%
May 17, 2024Michael HalloranRobert W. Baird$200.00$173.9414.98%73.69%
May 17, 2024Matthew BouleyBarclays$202.00$172.4417.14%75.42%
May 17, 2024Jeffrey HammondKeyBanc$195.00$174.2211.93%69.34%
Jul 24, 2023Jeff HammondKeyBanc$150.00$122.0022.95%30.26%
Aug 05, 2022Robert W. Baird$170.00$136.8224.25%47.63%
Jul 08, 2022Loop Capital Markets$124.00$98.0626.45%7.69%
May 20, 2022Robert W. Baird$137.00$105.1030.35%18.98%

The latest Advanced Drainage Systems stock forecast, released on Nov 11, 2024 by Bryan Blair from Oppenheimer, set a price target of $184.00, which represents a 18.83% increase from the stock price at the time of the forecast ($154.84), and a 59.79% increase from WMS last price ($115.15).

Advanced Drainage Systems Price Target by Period

1M3M12M
# Anlaysts-29
Avg Price Target-$177.00$189.44
Last Closing Price$115.15$115.15$115.15
Upside/Downside-100.00%53.71%64.52%

In the current month, the average price target of Advanced Drainage Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Advanced Drainage Systems's last price of $115.15. 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
Sep 03, 2024Loop Capital MarketsBuyBuyHold
Aug 09, 2024BarclaysOverweightOverweightHold
May 17, 2024StephensOverweightOverweightHold
May 17, 2024BarclaysOverweightOverweightHold
May 17, 2024KeyBancOverweightOverweightHold
Aug 31, 2023OppenheimerOutperformOutperformHold
Aug 21, 2023KeyBancOverweightOverweightHold
Jul 24, 2023KeyBancOverweightInitialise
Jun 28, 2023NeedhamBuyBuyHold
May 19, 2023Morgan StanleyOutperformOutperformHold
May 19, 2023OppenheimerOutperformOutperformHold
May 19, 2023BarclaysOverweightOverweightHold
May 19, 2023Deutsche BankBuyBuyHold
Apr 19, 2023OppenheimerOutperformInitialise
Jul 08, 2022Loop Capital MarketsBuyBuyHold

Advanced Drainage Systems's last stock rating was published by Loop Capital Markets on Sep 03, 2024. The company gave WMS a "Buy" rating, the same as its previous rate.

Advanced Drainage Systems Financial Forecast

Advanced Drainage Systems Revenue Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Revenue----------$662.37M$780.22M$778.05M$617.56M$655.17M$884.21M$914.19M$678.19M$715.36M$706.47M$669.30M$443.81M$486.14M$544.19M$508.64M$370.77M$393.42M$495.90M$413.71M$272.22M
Avg Forecast$1.01B$699.13M$721.22M$853.61M$867.31M$661.31M$675.66M$819.41M$831.83M$611.99M$632.69M$775.35M$746.08M$567.01M$713.57M$928.04M$849.39M$623.91M$651.35M$718.79M$620.96M$404.03M$408.87M$535.82M$492.59M$371.11M$392.60M$473.83M$413.64M$274.41M
High Forecast$1.02B$708.86M$731.26M$865.49M$879.38M$670.52M$685.07M$821.03M$831.83M$611.99M$640.00M$811.94M$756.47M$574.91M$723.51M$928.04M$849.39M$623.91M$651.35M$718.79M$620.96M$404.03M$408.87M$535.82M$492.59M$371.11M$392.60M$473.83M$413.64M$274.41M
Low Forecast$995.79M$689.66M$711.45M$842.05M$855.56M$652.36M$666.51M$817.79M$831.83M$611.99M$621.96M$748.75M$735.98M$559.34M$703.91M$928.04M$849.39M$623.91M$651.35M$718.79M$620.96M$404.03M$408.87M$535.82M$492.59M$371.11M$392.60M$473.83M$413.64M$274.41M
# Analysts221114421138544343545451010109999
Surprise %----------1.05%1.01%1.04%1.09%0.92%0.95%1.08%1.09%1.10%0.98%1.08%1.10%1.19%1.02%1.03%1.00%1.00%1.05%1.00%0.99%

Advanced Drainage Systems's average Quarter revenue forecast for Mar 24 based on 1 analysts is $611.99M, with a low forecast of $611.99M, and a high forecast of $611.99M. WMS's average Quarter revenue forecast represents a -7.61% decrease compared to the company's last Quarter revenue of $662.37M (Dec 23).

Advanced Drainage Systems EBITDA Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts221114421138544343545451010109999
EBITDA----------$153.27M$198.04M$245.45M$167.98M$159.99M$231.32M$287.49M$99.37M$148.62M$144.85M$143.91M$72.18M$119.70M$157.98M$144.53M$58.14M$73.95M$85.79M$-182.95M$27.77M
Avg Forecast$214.88M$148.82M$153.53M$181.71M$184.62M$140.77M$143.83M$174.43M$177.07M$164.65M$134.68M$165.05M$158.82M$149.68M$169.50M$196.63M$179.97M$118.33M$138.01M$152.30M$131.57M$93.54M$86.63M$113.53M$104.37M$88.16M$83.19M$100.40M$87.64M$25.67M
High Forecast$217.88M$150.90M$155.66M$184.24M$187.19M$142.73M$145.83M$174.77M$177.07M$197.58M$136.24M$172.84M$161.03M$179.62M$203.40M$196.63M$179.97M$141.99M$138.01M$152.30M$131.57M$112.25M$86.63M$113.53M$104.37M$105.79M$83.19M$100.40M$87.64M$30.80M
Low Forecast$211.97M$146.81M$151.45M$179.25M$182.12M$138.87M$141.88M$174.08M$177.07M$131.72M$132.40M$159.39M$156.67M$119.75M$135.60M$196.63M$179.97M$94.66M$138.01M$152.30M$131.57M$74.83M$86.63M$113.53M$104.37M$70.53M$83.19M$100.40M$87.64M$20.54M
Surprise %----------1.14%1.20%1.55%1.12%0.94%1.18%1.60%0.84%1.08%0.95%1.09%0.77%1.38%1.39%1.38%0.66%0.89%0.85%-2.09%1.08%

1 analysts predict WMS's average Quarter EBITDA for Mar 24 to be $164.65M, with a high of $197.58M and a low of $131.72M. This is 7.43% upper than Advanced Drainage Systems's previous annual EBITDA (Dec 23) of $153.27M.

Advanced Drainage Systems Net Income Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts221114421138544343545451010109999
Net Income----------$105.64M$135.80M$173.65M$85.89M$82.04M$152.01M$187.15M$46.31M$73.75M$75.36M$75.99M$19.75M$53.77M$80.24M$70.47M$2.31M$23.29M$7.59M$-227.88M$1.76M
Avg Forecast$170.28M$104.05M$109.39M$150.06M$162.53M$89.27M$93.47M$147.61M$162.27M$44.55M$82.98M$131.89M$121.66M$40.50M$85.50M$148.10M$115.79M$32.02M$77.87M$88.72M$100.72M$25.31M$38.75M$80.83M$49.12M$3.63M$25.31M$42.79M$42.04M$1.01M
High Forecast$173.36M$105.93M$111.37M$152.78M$165.48M$90.88M$95.16M$148.13M$162.29M$53.46M$91.91M$143.15M$123.87M$48.60M$102.60M$148.10M$115.79M$38.42M$77.87M$93.10M$100.72M$30.37M$38.75M$80.83M$49.12M$4.36M$25.31M$42.79M$42.04M$1.21M
Low Forecast$167.28M$102.21M$107.47M$147.42M$159.67M$87.70M$91.82M$147.10M$162.25M$35.64M$74.95M$116.61M$119.52M$32.40M$68.40M$148.10M$115.79M$25.61M$77.87M$84.34M$100.72M$20.25M$38.75M$80.83M$49.12M$2.90M$25.31M$42.79M$42.04M$808.00K
Surprise %----------1.27%1.03%1.43%2.12%0.96%1.03%1.62%1.45%0.95%0.85%0.75%0.78%1.39%0.99%1.43%0.63%0.92%0.18%-5.42%1.75%

Advanced Drainage Systems's average Quarter net income forecast for Mar 24 is $44.55M, with a range of $35.64M to $53.46M. WMS's average Quarter net income forecast represents a -57.83% decrease compared to the company's last Quarter net income of $105.64M (Dec 23).

Advanced Drainage Systems SG&A Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts221114421138544343545451010109999
SG&A----------$91.29M$91.72M$86.51M$78.41M$85.94M$88.64M$86.52M$90.86M$80.06M$73.95M$76.22M$73.49M$66.61M$65.70M$61.78M$68.55M$66.99M$78.00M$135.94M$48.79M
Avg Forecast$141.16M$97.77M$100.86M$119.37M$121.28M$92.48M$94.48M$114.59M$116.32M$210.43M$88.48M$108.43M$104.33M$191.30M$92.90M$129.63M$118.64M$151.23M$90.98M$100.40M$86.74M$119.55M$57.11M$74.84M$68.80M$107.96M$54.84M$66.19M$57.78M$48.79M
High Forecast$143.13M$99.13M$102.26M$121.03M$122.97M$93.77M$95.80M$114.81M$116.32M$252.52M$89.50M$113.54M$105.79M$229.57M$111.48M$129.63M$118.64M$181.47M$90.98M$100.40M$86.74M$143.46M$57.11M$74.84M$68.80M$129.56M$54.84M$66.19M$57.78M$58.55M
Low Forecast$139.25M$96.44M$99.49M$117.75M$119.64M$91.23M$93.21M$114.36M$116.32M$168.35M$86.97M$104.71M$102.92M$153.04M$74.32M$129.63M$118.64M$120.98M$90.98M$100.40M$86.74M$95.64M$57.11M$74.84M$68.80M$86.37M$54.84M$66.19M$57.78M$39.03M
Surprise %----------1.03%0.85%0.83%0.41%0.93%0.68%0.73%0.60%0.88%0.74%0.88%0.61%1.17%0.88%0.90%0.63%1.22%1.18%2.35%1.00%

Advanced Drainage Systems's average Quarter SG&A projection for Mar 24 is $210.43M, based on 1 Wall Street analysts, with a range of $168.35M to $252.52M. The forecast indicates a 130.51% rise compared to WMS last annual SG&A of $91.29M (Dec 23).

Advanced Drainage Systems EPS Forecast

Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts221114421138544343545451010109999
EPS----------$1.36$1.73$2.20$1.07$1.00$1.82$2.25$0.55$1.03$0.90$0.89$0.23$0.63$0.95$0.83$0.01$0.28$0.10$-3.96$0.01
Avg Forecast$2.18$1.33$1.40$1.92$2.08$1.14$1.20$1.89$2.08$1.04$1.06$1.69$1.56$0.79$1.19$1.89$1.48$0.67$0.99$1.13$1.29$0.34$0.49$1.03$0.63$0.13$0.32$0.55$0.54$0.01
High Forecast$2.22$1.36$1.43$1.96$2.12$1.16$1.22$1.90$2.08$1.04$1.18$1.83$1.59$0.81$1.22$1.89$1.48$0.67$0.99$1.19$1.29$0.34$0.49$1.03$0.63$0.13$0.32$0.55$0.54$0.01
Low Forecast$2.14$1.31$1.38$1.89$2.04$1.12$1.18$1.88$2.08$1.03$0.96$1.49$1.53$0.78$1.17$1.89$1.48$0.67$0.99$1.08$1.29$0.34$0.49$1.03$0.63$0.13$0.32$0.55$0.54$0.01
Surprise %----------1.28%1.02%1.41%1.35%0.84%0.96%1.52%0.82%1.04%0.79%0.69%0.68%1.27%0.92%1.32%0.08%0.87%0.18%-7.37%0.74%

According to 1 Wall Street analysts, Advanced Drainage Systems's projected average Quarter EPS for Mar 24 is $1.04, with a low estimate of $1.03 and a high estimate of $1.04. This represents a -23.79% decrease compared to WMS previous annual EPS of $1.36 (Dec 23).

Advanced Drainage Systems Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WMSAdvanced Drainage Systems$121.80$183.7550.86%Buy
JELDJELD-WEN$9.88$12.0021.46%Hold
JBIJanus Group$7.68$9.2520.44%Buy
MASMasco$76.58$86.6713.18%Hold
TTTrane$391.79$402.602.76%Buy
LIILennox$657.59$622.67-5.31%Buy
AZEKAZEK Company$52.73$48.00-8.97%Buy
TILEInterface$25.75$22.00-14.56%Buy
APOGApogee Enterprises$74.80$43.00-42.51%Hold

WMS Forecast FAQ

Is Advanced Drainage Systems a good buy?

Yes, according to 8 Wall Street analysts, Advanced Drainage Systems (WMS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 100.00% of WMS's total ratings.

What is WMS's price target?

Advanced Drainage Systems (WMS) average price target is $183.75 with a range of $170 to $194, implying a 59.57% from its last price of $115.15. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Advanced Drainage Systems stock go up soon?

According to Wall Street analysts' prediction for WMS stock, the company can go up by 59.57% (from the last price of $115.15 to the average price target of $183.75), up by 68.48% based on the highest stock price target, and up by 47.63% based on the lowest stock price target.

Can Advanced Drainage Systems stock reach $200?

WMS's average twelve months analyst stock price target of $183.75 does not support the claim that Advanced Drainage Systems can reach $200 in the near future.

What are Advanced Drainage Systems's analysts' financial forecasts?

Advanced Drainage Systems's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $2.99B (high $3.01B, low $2.97B), average EBITDA is $636.1M (high $640.41M, low $631.9M), average net income is $492.62M (high $496.46M, low $488.87M), average SG&A $417.87M (high $420.7M, low $415.12M), and average EPS is $6.31 (high $6.36, low $6.26). WMS's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $3.14B (high $3.19B, low $3.1B), average EBITDA is $668.68M (high $677.99M, low $659.63M), average net income is $526.04M (high $535.56M, low $516.78M), average SG&A $439.28M (high $445.39M, low $433.33M), and average EPS is $6.73 (high $6.86, low $6.62).

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

Based on Advanced Drainage Systems's last annual report (Mar 2023), the company's revenue was $3.07B, beating the average analysts forecast of $3.06B by 0.43%. Apple's EBITDA was $868.86M, beating the average prediction of $695.78M by 24.87%. The company's net income was $507.09M, beating the average estimation of $389.9M by 30.06%. Apple's SG&A was $339.5M, missing the average forecast of $532.48M by -36.24%. Lastly, the company's EPS was $6.15, beating the average prediction of $5.36 by 14.74%. In terms of the last quarterly report (Dec 2023), Advanced Drainage Systems's revenue was $662.37M, beating the average analysts' forecast of $632.69M by 4.69%. The company's EBITDA was $153.27M, beating the average prediction of $134.68M by 13.80%. Advanced Drainage Systems's net income was $105.64M, beating the average estimation of $82.98M by 27.30%. The company's SG&A was $91.29M, beating the average forecast of $88.48M by 3.18%. Lastly, the company's EPS was $1.36, beating the average prediction of $1.06 by 28.01%