Morgan Stanley cuts target for Waste Management stock to USD 220
Published on 10/14/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revision and operating base
- Morgan Stanley set a USD 220.00 target on October 13, 2026.
- Second-quarter revenue was USD 6.68 billion, up 4.00 percent year over year.
- Waste Management stock trades at EUR 189.73 at 1:27 p.m. CEST at Lang & Schwarz on October 14, 2026.
Waste Management (ISIN US94106L1098) was trading at EUR 189.73 at Lang & Schwarz on October 14, 2026 at 1:27 p.m. CEST. Morgan Stanley analyst Toni Kaplan cut the price target from USD 230.00 to USD 220.00 and kept an Equal Weight rating on October 13, 2026, according to Markets Insider.
Three dated signals for WM
Waste Management reported USD 6.68 billion in revenue for the second quarter on July 28, 2026, according to MarketBeat. JPMorgan then cut its target from USD 270.00 to USD 235.00 on October 8, 2026, while Morgan Stanley made the later USD 230.00-to-USD 220.00 revision on October 13, 2026, according to Markets Insider.
What does the target cut change?
The lower Morgan Stanley target places the latest Wall Street debate on expected organic growth rather than on a fresh earnings miss. The second-quarter revenue figure of USD 6.68 billion was 4.00 percent higher than a year earlier, but it came below the USD 6.71 billion analyst estimate, according to MarketBeat. That combination gives the target revision a specific operating reference: revenue growth continued, while the quarterly top line fell USD 0.03 billion short of consensus.
Results date set for October 27
Waste Management is scheduled to release third-quarter 2026 results on October 27, 2026. The upcoming report will give investors a new test of volume trends and the assumptions behind the revised analyst targets.
Stock trades at Lang & Schwarz
Waste Management stock was trading at EUR 189.73 at Lang & Schwarz on October 14, 2026 at 1:27 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Waste Management stock.
Waste Management stock facts
- Company: Waste Management, Inc.
- ISIN: US94106L1098
- Ticker: WM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 1:27 p.m. CEST): EUR 189.73
- Market capitalization: USD 84.7 billion (as of October 13, 2026)
- 52-week range: USD 194.11-248.13 (as of October 13, 2026)
- Sector / Industry: Industrials / Commercial Services and Supplies
- Index membership: S&P 500
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
