Casella Waste Systems stock faces a 32.8 percent target gap

Published on 10/05/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Casella Waste Systems stock carries a Moderate Buy consensus from 11 analysts and an average target of USD 109.75. Q2 revenue rose 16.9 percent to USD 543.75 million.

CWST, US1474481041, Illustration mit AI erstellt.

Casella Waste Systems stock (ISIN US1474481041) was trading at USD 82.64 on Nasdaq on October 5, 2026, down 0.15 percent from USD 82.77. The market is weighing a Moderate Buy consensus against a second-quarter profit decline and a new landfill expansion that adds long-term disposal capacity.

Analysts set a higher benchmark

According to MarketBeat on September 16, 2026, 11 ratings firms covering Casella assigned the stock a Moderate Buy consensus. The average 12-month price target was USD 109.75, putting the target 32.8 percent above the Nasdaq price of USD 82.64 on October 5, 2026.

Markets Insider reported on October 2, 2026, that Barclays analyst William Grippin maintained a Buy rating and a USD 104.00 target. The same report listed a Moderate Buy consensus with a USD 115.33 target, showing that published target averages vary by provider and analyst sample.

Revenue grows as profit contracts

Casella reported second-quarter 2026 revenue of USD 543.75 million, up 16.9 percent from the prior-year quarter, according to Yahoo Finance in its September 5, 2026 report. Adjusted EBITDA increased 12.5 percent to USD 123.2 million, but GAAP net income fell 27.6 percent to USD 3.8 million from USD 5.2 million.

The earnings split matters because the company raised full-year 2026 revenue guidance to USD 2.09 billion to USD 2.11 billion from USD 2.06 billion to USD 2.08 billion, while lowering GAAP net income guidance to USD 0 to USD 6 million from USD 4 million to USD 10 million. Higher acquisition-related depreciation and amortization and elevated interest expense weighed on the bottom line.

Hakes expansion adds capacity

Casella said in its September 29, 2026 release that New York regulators approved a 43.3-acre expansion of the Hakes Construction and Demolition Landfill in Campbell, New York. The project adds 5.8 million cubic yards of disposal capacity and 21.7 acres of soil borrow area, according to Casella Waste Systems.

The company said the expanded site could provide 20 years of capacity at current run rates. The permit supports the growth case, while the Q2 figures show that acquisition-led expansion is still reaching shareholders unevenly.

Stock remains below its yearly high

Casella Waste Systems had a market capitalization of USD 5.2 billion on October 5, 2026. Its 52-week range was USD 74.05 to USD 107.96, placing the current Nasdaq price 23.5 percent below the high and 11.6 percent above the low.