Waste Management stock: BMO cuts target for Waste Management stock to USD 232
Published on 10/20/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- BMO lowered its Waste Management target by USD 8.00 on October 15, 2026.
- MarketScreener listed 28 analysts and an average target of USD 253.52.
- Waste Management stock costs EUR 202.85 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST.
- Market capitalization stood at USD 91.1 billion on October 20, 2026.
BMO Capital cut its Waste Management target from USD 240.00 to USD 232.00 on October 15, 2026, according to MarketScreener. The change leaves the target 1.84 percent above the NYSE quote of USD 227.81 at 10:39 a.m. EDT on October 20, 2026. At Lang & Schwarz, Waste Management stock was trading at EUR 202.85 on October 20, 2026 at 4:33 p.m. CEST.
Analysts keep a wide target spread
MarketScreener listed 28 analysts on October 20, 2026, with an average target of USD 253.52, a high target of USD 277.00 and a low target of USD 220.00. The average target therefore stood USD 25.71 above the NYSE quote of USD 227.81 on the same date.
The latest target changes point in different directions. MarketBeat reported on October 13, 2026 that Morgan Stanley lowered its target from USD 230.00 to USD 220.00 while keeping an Equal-Weight rating.
Stock position and valuation
Waste Management's NYSE quote was USD 227.81 on October 20, 2026 at 10:39 a.m. EDT, within its USD 194.11 to USD 248.13 52-week range. The stock stood USD 20.32 below its 52-week high, while its market capitalization was USD 91.1 billion and its price-to-earnings ratio was 32.26.
The comparison with environmental-services peers was mixed at 10:39 a.m. EDT on October 20, 2026. Republic Services (NYSE, USD) was up 0.48 percent, with a price-to-earnings ratio of 32.59 and a market capitalization of USD 70.5 billion. Clean Harbors (NYSE, USD) was down 0.48 percent, with a price-to-earnings ratio of 38.25 and a market capitalization of USD 16.6 billion.
One reporting date is scheduled
WM announced on September 24, 2026 that it will release third-quarter results after the market close on October 27, 2026 and hold its conference call on October 28, 2026. The next report date gives the valuation debate a defined near-term checkpoint.
What the target changes mean
BMO's USD 232.00 target is above the NYSE quote, while Morgan Stanley's USD 220.00 target is below it. That USD 12.00 spread between the two October targets is narrower than the USD 33.00 gap between MarketScreener's low and high targets, leaving analyst views broadly dispersed.
The euro quote was trading at EUR 202.85 at Lang & Schwarz on October 20, 2026 at 4:33 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 20, 2026, 4:33 p.m. CEST: EUR 202.85
- Market capitalization: USD 91.1 billion as of October 20, 2026
- 52-week range: USD 194.11-248.13 as of October 20, 2026
- Sector / Industry: Industrials / Environmental Services
- Index membership: S&P 500
Market context: Market report S&P 500.
