Watsco (WSO) Stock Forecast, Price Target & Predictions

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WSO Stock Forecast

Watsco stock forecast is as follows: an average price target of $382.25 (represents a -28.30% downside from WSO’s last price of $533.14) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.

WSO Price Target

The average price target for Watsco (WSO) is $382.25 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $540.00 to $277.00. This represents a potential -28.30% downside from WSO's last price of $533.14.

WSO Analyst Ratings

Hold

According to 6 Wall Street analysts, Watsco's rating consensus is 'Hold'. The analyst rating breakdown for WSO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Watsco Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 29, 2024	Chris Dankert	Loop Capital Markets	$450.00	$476.75	-5.61%	-15.59%
Oct 24, 2024	David Manthey	Robert W. Baird	$540.00	$466.42	15.78%	1.29%
Sep 13, 2024	Jonathan Sakraida	CFRA	$415.00	$481.39	-13.79%	-22.16%
Jul 31, 2024	David Manthey	Robert W. Baird	$522.00	$491.63	6.18%	-2.09%
Jul 31, 2024	Stephen Tusa	J.P. Morgan	$425.00	$491.63	-13.55%	-20.28%
Apr 25, 2024	David Manthey	Robert W. Baird	$460.00	$440.60	4.40%	-13.72%
Apr 01, 2024	Jonathan Sakraida	CFRA	$380.00	$434.17	-12.48%	-28.72%
Jul 25, 2023	Brett Linzey	Mizuho Securities	$360.00	$367.65	-2.08%	-32.48%
Jan 10, 2023	-	UBS	$280.00	$265.39	5.51%	-47.48%
Aug 17, 2022	Joe Ahlersmeyer	Deutsche Bank	$311.00	$304.39	2.17%	-41.67%

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The latest Watsco stock forecast, released on Oct 29, 2024 by Chris Dankert from Loop Capital Markets, set a price target of $450.00, which represents a -5.61% decrease from the stock price at the time of the forecast ($476.75), and a -15.59% decrease from WSO last price ($533.14).

Watsco Price Target by Period

	1M	3M	12M
# Anlaysts	2	3	7
Avg Price Target	$495.00	$468.33	$456.00
Last Closing Price	$533.14	$533.14	$533.14
Upside/Downside	-7.15%	-12.16%	-14.47%

In the current month, the average price target of Watsco stock is $495.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -7.15% decrease as opposed to Watsco's last price of $533.14. This month's average price target is up 5.69% compared to last quarter, and up 8.55% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 29, 2024	Loop Capital Markets	Hold	Hold	Hold
Oct 08, 2024	Jefferies	Hold	Hold	Hold
Jul 31, 2024	Loop Capital Markets	Hold	Hold	Hold
Apr 08, 2024	Wolfe Research	Underperform	Underperform	Hold
Apr 05, 2024	Loop Capital Markets	Hold	Hold	Hold
Dec 07, 2023	Deutsche Bank	Hold	Buy	Upgrade
Jul 25, 2023	Mizuho Securities	-	Neutral	Initialise
Apr 19, 2023	RBC Capital	Outperform	Outperform	Hold
Jan 10, 2023	UBS	-	Neutral	Initialise
Aug 17, 2022	Deutsche Bank	-	Hold	Initialise

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Watsco's last stock rating was published by Loop Capital Markets on Oct 29, 2024. The company gave WSO a "Hold" rating, the same as its previous rate.

Watsco Financial Forecast

Watsco 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.00B	$1.55B	$1.58B	$2.04B	$2.13B	$1.52B	$1.51B	$1.78B	$1.85B	$1.14B	$1.15B	$1.54B	$1.36B	$1.01B	$1.07B	$1.39B
Avg Forecast	$1.92B	$2.49B	$2.47B	$1.76B	$1.75B	$2.32B	$2.29B	$1.64B	$1.66B	$2.24B	$2.19B	$1.59B	$1.65B	$2.05B	$2.19B	$1.57B	$1.61B	$2.05B	$2.18B	$1.38B	$1.35B	$1.82B	$1.68B	$1.07B	$1.09B	$1.51B	$1.31B	$1.01B	$1.08B	$1.38B
High Forecast	$1.97B	$2.56B	$2.54B	$1.81B	$1.80B	$2.39B	$2.35B	$1.67B	$1.70B	$2.25B	$2.19B	$1.59B	$1.67B	$2.11B	$2.25B	$1.61B	$1.66B	$2.05B	$2.18B	$1.38B	$1.35B	$1.82B	$1.68B	$1.07B	$1.09B	$1.51B	$1.31B	$1.01B	$1.08B	$1.38B
Low Forecast	$1.88B	$2.44B	$2.43B	$1.72B	$1.71B	$2.28B	$2.24B	$1.62B	$1.64B	$2.24B	$2.19B	$1.59B	$1.61B	$2.01B	$2.15B	$1.54B	$1.58B	$2.05B	$2.18B	$1.38B	$1.35B	$1.82B	$1.68B	$1.07B	$1.09B	$1.51B	$1.31B	$1.01B	$1.08B	$1.38B
# Analysts	3	3	3	3	4	4	4	6	8	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.91%	0.99%	0.98%	0.99%	0.98%	1.10%	1.12%	0.98%	1.10%	1.06%	1.06%	1.02%	1.04%	1.00%	0.99%	1.01%

Watsco's average Quarter revenue forecast for Sep 23 based on 4 analysts is $2.05B, with a low forecast of $2.01B, and a high forecast of $2.11B. WSO's average Quarter revenue forecast represents a 2.24% increase compared to the company's last Quarter revenue of $2.00B (Jun 23).

Watsco 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	3	3	3	3	4	4	4	6	8	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$265.70M	$164.74M	$137.18M	$236.25M	$287.10M	$171.05M	$130.32M	$213.80M	$223.76M	$88.78M	$76.32M	$163.23M	$135.67M	$51.72M	$58.56M	$131.65M
Avg Forecast	$191.78M	$248.74M	$247.20M	$175.78M	$174.81M	$232.50M	$228.83M	$164.61M	$165.97M	$224.60M	$218.86M	$57.36M	$164.85M	$204.99M	$219.25M	$52.14M	$117.63M	$197.66M	$209.59M	$41.22M	$129.91M	$175.68M	$161.73M	$37.47M	$105.07M	$145.02M	$126.06M	$53.46M	$104.22M	$132.72M
High Forecast	$197.21M	$255.78M	$254.20M	$180.76M	$179.75M	$239.07M	$235.30M	$166.66M	$170.02M	$224.92M	$218.86M	$68.83M	$166.86M	$210.79M	$225.45M	$62.57M	$141.15M	$197.66M	$209.59M	$49.47M	$129.91M	$175.68M	$161.73M	$44.97M	$105.07M	$145.02M	$126.06M	$64.15M	$104.22M	$132.72M
Low Forecast	$188.31M	$244.24M	$242.73M	$172.60M	$171.64M	$228.29M	$224.69M	$162.57M	$163.95M	$224.29M	$218.86M	$45.89M	$160.83M	$201.28M	$215.28M	$41.72M	$94.10M	$197.66M	$209.59M	$32.98M	$129.91M	$175.68M	$161.73M	$29.98M	$105.07M	$145.02M	$126.06M	$42.77M	$104.22M	$132.72M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.21%	3.16%	1.17%	1.20%	1.37%	4.15%	1.00%	1.22%	1.38%	2.37%	0.73%	1.13%	1.08%	0.97%	0.56%	0.99%

4 analysts predict WSO's average Quarter EBITDA for Sep 23 to be $204.99M, with a high of $210.79M and a low of $201.28M. This is -22.85% lower than Watsco's previous annual EBITDA (Jun 23) of $265.70M.

Watsco 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	3	3	3	3	4	4	4	6	8	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$172.76M	$110.07M	$137.67M	$157.64M	$192.56M	$113.30M	$95.63M	$140.87M	$144.10M	$55.09M	$46.01M	$106.49M	$86.58M	$30.50M	$37.28M	$83.48M
Avg Forecast	$120.83M	$219.93M	$211.97M	$107.23M	$100.00M	$199.06M	$196.27M	$92.02M	$87.83M	$190.61M	$189.42M	$40.65M	$97.64M	$172.83M	$198.55M	$36.95M	$81.70M	$166.92M	$191.53M	$29.21M	$63.90M	$132.27M	$114.72M	$26.56M	$37.43M	$94.02M	$71.19M	$35.47M	$37.34M	$83.76M
High Forecast	$125.28M	$228.02M	$219.76M	$111.17M	$103.67M	$206.38M	$203.49M	$93.68M	$98.87M	$191.49M	$189.43M	$48.78M	$107.40M	$179.19M	$205.85M	$44.34M	$98.04M	$166.92M	$191.53M	$35.05M	$63.90M	$132.27M	$114.72M	$31.87M	$37.43M	$94.02M	$71.19M	$42.56M	$37.34M	$83.76M
Low Forecast	$117.99M	$214.75M	$206.98M	$104.71M	$97.64M	$194.37M	$191.65M	$89.52M	$78.92M	$189.72M	$189.41M	$32.52M	$89.83M	$168.76M	$193.88M	$29.56M	$65.36M	$166.92M	$191.53M	$23.37M	$63.90M	$132.27M	$114.72M	$21.24M	$37.43M	$94.02M	$71.19M	$28.37M	$37.34M	$83.76M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	2.98%	1.69%	0.94%	1.01%	3.88%	1.50%	1.06%	1.26%	2.07%	1.23%	1.13%	1.22%	0.86%	1.00%	1.00%

Watsco's average Quarter net income forecast for Sep 23 is $172.83M, with a range of $168.76M to $179.19M. WSO's average Quarter net income forecast represents a 0.04% increase compared to the company's last Quarter net income of $172.76M (Jun 23).

Watsco 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	3	3	3	3	4	4	4	6	8	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$304.15M	$287.06M	$301.75M	$321.52M	$314.75M	$283.35M	$292.08M	$281.92M	$266.70M	$217.61M	$214.57M	$221.04M	$194.05M	$203.39M	$210.81M	$212.90M
Avg Forecast	$318.74M	$413.40M	$410.85M	$292.15M	$290.52M	$386.40M	$380.31M	$273.59M	$275.84M	$373.28M	$363.75M	$160.56M	$273.98M	$340.69M	$364.38M	$145.96M	$302.50M	$341.55M	$362.16M	$115.38M	$224.47M	$303.57M	$279.45M	$104.89M	$181.55M	$250.59M	$217.83M	$236.50M	$180.08M	$229.33M
High Forecast	$327.76M	$425.09M	$422.47M	$300.41M	$298.74M	$397.33M	$391.07M	$276.98M	$282.57M	$373.81M	$363.75M	$192.67M	$277.32M	$350.33M	$374.69M	$175.15M	$363.01M	$341.55M	$362.16M	$138.46M	$224.47M	$303.57M	$279.45M	$125.87M	$181.55M	$250.59M	$217.83M	$283.79M	$180.08M	$229.33M
Low Forecast	$312.97M	$405.92M	$403.41M	$286.86M	$285.26M	$379.41M	$373.43M	$270.19M	$272.47M	$372.76M	$363.75M	$128.44M	$267.30M	$334.53M	$357.79M	$116.77M	$242.00M	$341.55M	$362.16M	$92.31M	$224.47M	$303.57M	$279.45M	$83.92M	$181.55M	$250.59M	$217.83M	$189.20M	$180.08M	$229.33M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.83%	1.97%	1.00%	0.94%	0.87%	2.46%	1.30%	0.93%	0.95%	2.07%	1.18%	0.88%	0.89%	0.86%	1.17%	0.93%

Watsco's average Quarter SG&A projection for Sep 23 is $340.69M, based on 4 Wall Street analysts, with a range of $334.53M to $350.33M. The forecast indicates a 12.01% rise compared to WSO last annual SG&A of $304.15M (Jun 23).

Watsco 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	3	3	3	3	4	4	4	6	8	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.13	$2.83	$3.31	$4.04	$4.94	$2.91	$2.46	$3.31	$3.40	$1.27	$1.04	$2.53	$2.06	$0.66	$0.84	$2.01
Avg Forecast	$3.00	$5.45	$5.25	$2.66	$2.48	$4.93	$4.87	$2.28	$2.18	$4.73	$4.70	$2.29	$2.42	$4.28	$4.92	$2.39	$2.12	$4.44	$5.09	$1.79	$1.70	$3.52	$3.05	$0.90	$0.99	$2.50	$1.89	$0.86	$0.99	$2.23
High Forecast	$3.11	$5.65	$5.45	$2.76	$2.57	$5.12	$5.04	$2.32	$2.45	$4.75	$4.70	$2.29	$2.66	$4.44	$5.10	$2.48	$2.20	$4.44	$5.09	$1.79	$1.70	$3.52	$3.05	$0.90	$0.99	$2.50	$1.89	$0.86	$0.99	$2.23
Low Forecast	$2.92	$5.32	$5.13	$2.60	$2.42	$4.82	$4.75	$2.22	$1.96	$4.70	$4.70	$2.29	$2.23	$4.18	$4.81	$2.34	$2.07	$4.44	$5.09	$1.79	$1.70	$3.52	$3.05	$0.90	$0.99	$2.50	$1.89	$0.86	$0.99	$2.23
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.84%	1.18%	1.56%	0.91%	0.97%	1.63%	1.45%	0.94%	1.12%	1.41%	1.05%	1.01%	1.09%	0.77%	0.85%	0.90%

According to 4 Wall Street analysts, Watsco's projected average Quarter EPS for Sep 23 is $4.28, with a low estimate of $4.18 and a high estimate of $4.44. This represents a 3.74% increase compared to WSO previous annual EPS of $4.13 (Jun 23).

Watsco Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MSM	MSC Industrial Direct	$80.63	$105.71	31.11%	Buy
CNM	Core & Main	$44.92	$50.00	11.31%	Buy
SITE	SiteOne Landscape Supply	$138.47	$153.75	11.03%	Hold
FERG	Ferguson	$201.87	$214.75	6.38%	Buy
POOL	Pool	$362.71	$374.83	3.34%	Buy
AIT	Applied Industrial	$266.27	$241.00	-9.49%	Buy
FAST	Fastenal Company	$81.59	$69.40	-14.94%	Hold
WSO	Watsco	$533.14	$382.25	-28.30%	Hold
GWW	W.W. Grainger	$1.17K	$806.89	-31.16%	Buy

WSO Forecast FAQ

Is Watsco a good buy?

No, according to 6 Wall Street analysts, Watsco (WSO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 33.33% of WSO's total ratings.

What is WSO's price target?

Watsco (WSO) average price target is $382.25 with a range of $277 to $540, implying a -28.30% from its last price of $533.14. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Watsco stock go up soon?

According to Wall Street analysts' prediction for WSO stock, the company can go down by -28.30% (from the last price of $533.14 to the average price target of $382.25), up by 1.29% based on the highest stock price target, and down by -48.04% based on the lowest stock price target.

Can Watsco stock reach $800?

WSO's average twelve months analyst stock price target of $382.25 does not support the claim that Watsco can reach $800 in the near future.

What is Watsco's current price target trend?

2 Wall Street analysts forecast a $495 price target for Watsco (WSO) this month, down -7.15% from its last price of $533.14. Compared to the last 3 and 12 months, the average price target decreased by -12.16% and decreased by -14.47%, respectively.

What are Watsco's analysts' financial forecasts?

Watsco's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8B (high $8.2B, low $7.86B), average EBITDA is $800.75M (high $820.78M, low $787.18M), average net income is $587.34M (high $607.22M, low $573.18M), average SG&A $1.33B (high $1.36B, low $1.31B), and average EPS is $14.56 (high $15.05, low $14.21). WSO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.63B (high $8.87B, low $8.47B), average EBITDA is $863.51M (high $887.94M, low $847.88M), average net income is $659.96M (high $684.23M, low $644.43M), average SG&A $1.44B (high $1.48B, low $1.41B), and average EPS is $16.36 (high $16.96, low $15.98).

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

Based on Watsco's last annual report (Dec 2022), the company's revenue was $7.27B, beating the average analysts forecast of $7.23B by 0.67%. Apple's EBITDA was $831.58M, beating the average prediction of $566.1M by 46.89%. The company's net income was $601.17M, beating the average estimation of $469.36M by 28.08%. Apple's SG&A was $1.22B, beating the average forecast of $1.12B by 8.90%. Lastly, the company's EPS was $15.46, beating the average prediction of $13.44 by 15.06%. In terms of the last quarterly report (Jun 2023), Watsco's revenue was $2B, missing the average analysts' forecast of $2.19B by -8.55%. The company's EBITDA was $265.7M, beating the average prediction of $219.25M by 21.19%. Watsco's net income was $172.76M, missing the average estimation of $198.55M by -12.99%. The company's SG&A was $304.16M, missing the average forecast of $364.38M by -16.53%. Lastly, the company's EPS was $4.13, missing the average prediction of $4.92 by -16.09%