Waste Management stock edges higher as investors weigh rich valuation and steady earnings
Published on 09/20/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Waste Management stock (ISIN US94106L1098) is trading above USD 210 as of September 20, 2026, leaving only moderate implied upside versus current analyst price targets and highlighting the company’s rich valuation profile for investors.
Analyst targets frame limited upside
According to Simply Wall St on September 20, 2026, the current Waste Management share price used in its valuation overview is USD 214.40, against an average 1-year analyst price target of USD 256.04, implying about 19.4% upside from that reference level.
The same overview shows that the range of analyst 1-year targets spans from a high of USD 285.00 to a low of USD 210.00, with 25 analysts contributing to the consensus as of the current snapshot, underlining that Waste Management stock trades close to the lower end of the professional target range but below the average target.Simply Wall St
Valuation and recent performance
The Simply Wall St data set notes a fair value estimate based on discounted cash flows that suggests Waste Management stock is about 16.3% undervalued relative to intrinsic value at the current level, positioning the shares as modestly below estimated fair value despite the headline premium multiples.Simply Wall St
In the same valuation dashboard, a forward-looking scenario labeled for September 2026 shows a reference share price of USD 226.39 against an average 1-year price target of USD 257.45, corresponding to roughly 13.7% implied upside, which is lower than the current upside indicated from the present level and signals that analysts expect the gap between price and target to narrow over time.Simply Wall St
Separate short-term price modeling from CoinCodex on August 30, 2026, cites a current Waste Management price of USD 219.69 and projects that the stock could trend down in the near term, with a modelled level of USD 215.39 by September 2, 2026 and an average price of USD 203.39 for September 2026, suggesting short-term downside of about 3.5% from that modeled baseline.
Earnings backdrop and investor takeaways
Waste Management’s recent earnings releases in 2026, as published on the company’s investor-relations pages, have shown continued revenue and earnings growth compared with prior-year periods, providing the fundamental backdrop that supports the consensus view of mid- to high-teens percentage upside over the medium term.Waste Management
At the same time, the valuation snapshots highlight that Waste Management trades at a premium versus some peers in the waste and environmental services sector, which makes the balance between dividend income, cash flow stability and growth potential a central consideration for investors who are assessing whether the roughly 19% implied upside to the average analyst target adequately compensates for the high starting price level.Simply Wall St
Stock price and key figures
Based on the Simply Wall St valuation reference, Waste Management stock can be anchored at around USD 214.40 on the New York Stock Exchange in mid-September 2026, which stands modestly below the USD 219.69 level cited in the CoinCodex overview and within a modeled range of roughly USD 197.01 to USD 211.91 for September 2026 short-term scenarios.Simply Wall StCoinCodex
Waste Management stock key data
- Company: Waste Management, Inc.
- ISIN: US94106L1098
- Ticker: WM
- Trading venue: NYSE
- Price (as of September 20, 2026): 214.40 USD
- Sector / Industry: Commercial services / Environmental services
- Index membership: S&P 500
