Watsco (WSO) Stock Forecast, Price Target & Predictions
WSO Stock Forecast
Watsco stock forecast is as follows: an average price target of $370.00 (represents a -22.38% downside from WSO’s last price of $476.71) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
WSO Price Target
The average price target for Watsco (WSO) is $370.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $522.00 to $277.00. This represents a potential -22.38% downside from WSO's last price of $476.71.
WSO Analyst Ratings
According to 5 Wall Street analysts, Watsco's rating consensus is 'Hold'. The analyst rating breakdown for WSO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 3 'Hold' (60.00%), 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 |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Jonathan Sakraida | CFRA | $415.00 | $481.39 | -13.79% | -12.94% |
| Jul 31, 2024 | Stephen Tusa | J.P. Morgan | $425.00 | $491.63 | -13.55% | -10.85% |
| Jul 31, 2024 | David Manthey | Robert W. Baird | $522.00 | $491.63 | 6.18% | 9.50% |
| Apr 25, 2024 | David Manthey | Robert W. Baird | $460.00 | $440.60 | 4.40% | -3.51% |
| Apr 01, 2024 | Jonathan Sakraida | CFRA | $380.00 | $434.17 | -12.48% | -20.29% |
| Jul 25, 2023 | Brett Linzey | Mizuho Securities | $360.00 | $367.65 | -2.08% | -24.48% |
| Jan 10, 2023 | - | UBS | $280.00 | $265.39 | 5.51% | -41.26% |
| Aug 17, 2022 | Joe Ahlersmeyer | Deutsche Bank | $311.00 | $304.39 | 2.17% | -34.76% |
| Apr 22, 2022 | - | Morgan Stanley | $277.00 | $294.15 | -5.83% | -41.89% |
The latest Watsco stock forecast, released on Sep 13, 2024 by Jonathan Sakraida from CFRA, set a price target of $415.00, which represents a -13.79% decrease from the stock price at the time of the forecast ($481.39), and a -12.94% decrease from WSO last price ($476.71).
Watsco Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 5 |
| Avg Price Target | $415.00 | $454.00 | $440.40 |
| Last Closing Price | $476.71 | $476.71 | $476.71 |
| Upside/Downside | -12.94% | -4.76% | -7.62% |
In the current month, the average price target of Watsco stock is $415.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -12.94% decrease as opposed to Watsco's last price of $476.71. This month's average price target is down -8.59% compared to last quarter, and down -5.77% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Watsco's last stock rating was published by Loop Capital Markets on Jul 31, 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 | Jul 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 | - | $1.52B | $1.51B | $1.78B | $1.85B | $1.14B | $1.15B | $1.54B | $1.36B | $1.01B | $1.07B | $1.39B |
| Avg Forecast | $1.93B | $2.58B | $2.47B | $1.78B | $1.82B | $2.42B | $2.33B | $1.68B | $1.69B | $2.25B | $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 | $1.96B | $2.61B | $2.50B | $1.80B | $1.85B | $2.45B | $2.36B | $1.71B | $1.71B | $2.26B | $2.21B | $1.61B | $1.67B | $2.07B | $2.22B | $1.59B | $1.63B | $2.08B | $2.18B | $1.46B | $1.42B | $1.92B | $1.77B | $1.13B | $1.15B | $1.59B | $1.38B | $1.06B | $1.14B | $1.45B |
| Low Forecast | $1.90B | $2.54B | $2.43B | $1.75B | $1.79B | $2.38B | $2.30B | $1.66B | $1.66B | $2.23B | $2.15B | $1.57B | $1.61B | $2.02B | $2.16B | $1.54B | $1.59B | $2.02B | $2.18B | $1.33B | $1.29B | $1.75B | $1.61B | $1.02B | $1.05B | $1.44B | $1.25B | $963.70M | $1.04B | $1.32B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.99% | 0.98% | 0.99% | - | 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 $2.02B, and a high forecast of $2.07B. 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 | Jul 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 | 4 | 3 | 6 | 3 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $265.70M | $164.74M | $137.18M | $236.25M | - | $171.05M | $130.32M | $213.80M | $223.76M | $88.78M | $76.32M | $163.23M | $135.67M | $51.72M | $58.56M | $131.65M |
| Avg Forecast | $186.01M | $248.34M | $237.75M | $171.21M | $175.46M | $232.88M | $224.71M | $162.11M | $162.31M | $216.64M | $210.51M | $57.36M | $158.56M | $197.17M | $210.88M | $52.14M | $155.07M | $202.26M | $209.59M | $41.22M | $92.98M | $183.87M | $160.93M | $37.47M | $36.83M | $127.31M | $94.15M | $53.46M | $55.55M | $117.02M |
| High Forecast | $188.42M | $251.57M | $240.83M | $173.43M | $177.74M | $235.90M | $227.63M | $164.21M | $164.42M | $217.60M | $213.24M | $68.83M | $160.50M | $199.73M | $213.62M | $62.57M | $157.08M | $242.71M | $209.59M | $49.47M | $111.58M | $220.64M | $193.12M | $44.97M | $44.19M | $152.78M | $112.98M | $64.15M | $66.66M | $140.43M |
| Low Forecast | $183.12M | $244.48M | $234.05M | $168.55M | $172.73M | $229.26M | $221.22M | $159.59M | $159.79M | $214.71M | $207.24M | $45.89M | $154.69M | $194.11M | $207.60M | $41.72M | $152.66M | $161.80M | $209.59M | $32.98M | $74.39M | $147.09M | $128.75M | $29.98M | $29.46M | $101.85M | $75.32M | $42.77M | $44.44M | $93.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 3.16% | 0.88% | 1.17% | - | 4.15% | 1.40% | 1.16% | 1.39% | 2.37% | 2.07% | 1.28% | 1.44% | 0.97% | 1.05% | 1.12% |
4 analysts predict WSO's average Quarter EBITDA for Sep 23 to be $197.17M, with a high of $199.73M and a low of $194.11M. This is -25.79% 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 | Jul 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 | 4 | 3 | 6 | 3 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $172.76M | $110.07M | $137.67M | $157.64M | - | $113.30M | $95.63M | $140.87M | $144.10M | $55.09M | $46.01M | $106.49M | $86.58M | $30.50M | $37.28M | $83.48M |
| Avg Forecast | $111.93M | $215.23M | $201.13M | $70.24M | $98.95M | $197.72M | $190.40M | $91.40M | $87.70M | $179.40M | $176.69M | $40.65M | $91.07M | $161.21M | $185.20M | $36.95M | $79.94M | $150.10M | $188.33M | $29.21M | $64.59M | $136.45M | $118.48M | $26.56M | $85.66M | $94.47M | $69.08M | $35.47M | $40.26M | $84.60M |
| High Forecast | $113.82M | $218.86M | $204.53M | $71.42M | $100.62M | $201.06M | $193.61M | $92.95M | $89.18M | $187.11M | $179.67M | $48.78M | $100.18M | $163.93M | $188.33M | $44.34M | $81.29M | $180.11M | $188.33M | $35.05M | $77.50M | $163.74M | $142.18M | $31.87M | $102.79M | $113.36M | $82.89M | $42.56M | $48.31M | $101.52M |
| Low Forecast | $109.67M | $210.88M | $197.07M | $68.82M | $96.95M | $193.73M | $186.55M | $89.56M | $85.93M | $175.00M | $173.12M | $32.52M | $83.79M | $157.96M | $181.46M | $29.56M | $78.33M | $120.08M | $188.33M | $23.37M | $51.67M | $109.16M | $94.79M | $21.24M | $68.53M | $75.57M | $55.26M | $28.37M | $32.21M | $67.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 2.98% | 1.72% | 1.05% | - | 3.88% | 1.48% | 1.03% | 1.22% | 2.07% | 0.54% | 1.13% | 1.25% | 0.86% | 0.93% | 0.99% |
Watsco's average Quarter net income forecast for Sep 23 is $161.21M, with a range of $157.96M to $163.93M. WSO's average Quarter net income forecast represents a -6.69% decrease 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 | Jul 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 | 4 | 3 | 6 | 3 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $304.15M | $287.06M | $301.75M | $321.52M | - | $283.35M | $292.08M | $281.92M | $266.70M | $217.61M | $214.57M | $221.04M | $194.05M | $203.39M | $210.81M | $212.90M |
| Avg Forecast | $321.40M | $429.11M | $410.80M | $295.83M | $303.18M | $402.39M | $388.28M | $280.10M | $280.47M | $374.34M | $363.75M | $160.56M | $273.98M | $340.69M | $364.38M | $145.96M | $267.94M | $300.40M | $362.16M | $115.38M | $239.13M | $273.09M | $219.28M | $104.89M | $184.53M | $196.08M | $154.83M | $236.50M | $227.67M | $215.77M |
| High Forecast | $325.58M | $434.68M | $416.14M | $299.67M | $307.12M | $407.62M | $393.32M | $283.74M | $284.11M | $376.00M | $368.47M | $192.67M | $277.32M | $345.12M | $369.11M | $175.15M | $271.42M | $360.47M | $362.16M | $138.46M | $286.96M | $327.70M | $263.14M | $125.87M | $221.44M | $235.30M | $185.80M | $283.79M | $273.20M | $258.92M |
| Low Forecast | $316.41M | $422.45M | $404.42M | $291.24M | $298.47M | $396.14M | $382.25M | $275.75M | $276.11M | $371.01M | $358.09M | $128.44M | $267.30M | $335.40M | $358.72M | $116.77M | $263.78M | $240.32M | $362.16M | $92.31M | $191.31M | $218.47M | $175.43M | $83.92M | $147.63M | $156.86M | $123.86M | $189.20M | $182.14M | $172.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.97% | 1.13% | 1.07% | - | 2.46% | 1.22% | 1.03% | 1.22% | 2.07% | 1.16% | 1.13% | 1.25% | 0.86% | 0.93% | 0.99% |
Watsco's average Quarter SG&A projection for Sep 23 is $340.69M, based on 4 Wall Street analysts, with a range of $335.40M to $345.12M. 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 | Jul 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 | 4 | 3 | 6 | 3 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.13 | $2.83 | $3.31 | $4.04 | - | $2.91 | $2.46 | $3.31 | $3.40 | $1.27 | $1.04 | $2.53 | $2.06 | $0.66 | $0.84 | $2.01 |
| Avg Forecast | $2.97 | $5.72 | $5.35 | $1.87 | $2.63 | $5.25 | $5.06 | $2.43 | $2.33 | $4.77 | $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 | $3.02 | $5.82 | $5.44 | $1.90 | $2.67 | $5.34 | $5.15 | $2.47 | $2.37 | $4.97 | $4.77 | $2.33 | $2.66 | $4.36 | $5.01 | $2.43 | $2.16 | $4.51 | $5.09 | $1.91 | $1.82 | $3.76 | $3.26 | $0.97 | $1.07 | $2.68 | $2.03 | $0.92 | $1.06 | $2.38 |
| Low Forecast | $2.91 | $5.60 | $5.24 | $1.83 | $2.58 | $5.15 | $4.96 | $2.38 | $2.28 | $4.65 | $4.60 | $2.24 | $2.23 | $4.20 | $4.82 | $2.34 | $2.08 | $4.35 | $5.09 | $1.69 | $1.60 | $3.32 | $2.88 | $0.85 | $0.94 | $2.36 | $1.79 | $0.81 | $0.94 | $2.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.18% | 1.56% | 0.91% | - | 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 $4.20 and a high estimate of $4.36. 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 | $79.48 | $105.71 | 33.00% | Buy |
| CNM | Core & Main | $40.83 | $49.60 | 21.48% | Buy |
| SITE | SiteOne Landscape Supply | $141.04 | $151.71 | 7.57% | Hold |
| AIT | Applied Industrial | $203.98 | $218.33 | 7.04% | Buy |
| FERG | Ferguson | $193.07 | $206.00 | 6.70% | Buy |
| POOL | Pool | $356.02 | $325.20 | -8.66% | Buy |
| FAST | Fastenal Company | $69.82 | $63.44 | -9.14% | Hold |
| WSO | Watsco | $476.71 | $370.00 | -22.38% | Hold |
| GWW | W.W. Grainger | $993.82 | $760.25 | -23.50% | Buy |
WSO Forecast FAQ
Is Watsco a good buy?
No, according to 5 Wall Street analysts, Watsco (WSO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 40.00% of WSO's total ratings.
What is WSO's price target?
Watsco (WSO) average price target is $370 with a range of $277 to $522, implying a -22.38% from its last price of $476.71. The data is based on 5 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 -22.38% (from the last price of $476.71 to the average price target of $370), up by 9.50% based on the highest stock price target, and down by -41.89% based on the lowest stock price target.
Can Watsco stock reach $700?
WSO's average twelve months analyst stock price target of $370 does not support the claim that Watsco can reach $700 in the near future.
What is Watsco's current price target trend?
1 Wall Street analyst forecast a $415 price target for Watsco (WSO) this month, down -12.94% from its last price of $476.71. Compared to the last 3 and 12 months, the average price target decreased by -4.76% and decreased by -7.62%, 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 $8.26B (high $8.37B, low $8.13B), average EBITDA is $795.15M (high $805.48M, low $782.8M), average net income is $578.47M (high $588.24M, low $566.79M), average SG&A $1.37B (high $1.39B, low $1.35B), and average EPS is $15.37 (high $15.63, low $15.06). WSO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.76B (high $8.87B, low $8.62B), average EBITDA is $843.3M (high $854.25M, low $830.2M), average net income is $598.53M (high $608.63M, low $586.44M), average SG&A $1.46B (high $1.48B, low $1.43B), and average EPS is $15.91 (high $16.18, low $15.59).
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 $608.14M by 36.74%. The company's net income was $601.17M, beating the average estimation of $447.58M by 34.32%. Apple's SG&A was $1.22B, beating the average forecast of $1.05B by 16.78%. 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 $210.88M by 26.00%. Watsco's net income was $172.76M, missing the average estimation of $185.2M by -6.72%. 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%