Waste Management stock falls 1.92 percent as Q2 revenue rises

Published on 09/22/2026 at 18:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waste Management stock closed at USD 207.04 on September 21, 2026, after a 1.92 percent decline. Q2 revenue reached USD 6.68 billion, up 4 percent year on year.

Recyclinganlage mit Förderbändern und Arbeitern in Schutzkleidung bei der Sortierung — Waste Management (ISIN US94106L1098) betreibt moderne Recyclinganlagen, in denen Arbeiter Wertstoffe sorgfältig sortieren, Illustration mit AI erstellt.

Waste Management stock (ISIN US94106L1098) closed at USD 207.04 on the NYSE on September 21, 2026, down 1.92 percent from USD 211.10. The decline came even as second-quarter revenue reached USD 6.68 billion, an increase of 4 percent from the prior year, according to StockStory on September 22, 2026.

Analyst targets move higher

The clearest current market catalyst is analyst estimate activity dated September 22, 2026. According to MarketBeat, Erste Group Bank lifted its fiscal 2026 earnings estimate to USD 8.13 per share from USD 8.12.

The same September 22, 2026 report states that UBS raised its Waste Management price target to USD 270 from USD 265 and retained a Buy rating in research published on August 4, 2026. MarketBeat also put the average analyst target at USD 258.89 and the consensus rating at Moderate Buy.

Revenue growth faces a valuation test

Waste Management's Q2 revenue growth of 4 percent provides a measurable operating comparison, but the share price reaction shows that revenue expansion alone did not support the stock on September 21, 2026. A separate estimate cited by Zacks on September 21, 2026 projected fiscal 2026 earnings of USD 8.13 per share and revenue of USD 26.35 billion, representing increases of 8.4 percent and 4.54 percent from the prior year.

That combination creates a clear investor tension: earnings are expected to grow faster than revenue, while the stock remains below its recent yearly peak. The market is therefore weighing the higher profit estimate against the valuation implied by the current share price and the analyst target range.

Stock sits near its yearly low

On September 21, 2026, Waste Management traded between USD 0.15 and USD 248.13, with reported volume of 1.93 million shares. The close was 6.6 percent above the 52-week low of USD 194.11 and 16.5 percent below the 52-week high of USD 248.13.

Waste Management stock closed at USD 207.04 on the NYSE on September 21, 2026, with the same session recording a 1.92 percent decline. The dated market position places the shares in the lower part of the reported 52-week corridor while fiscal 2026 estimates point to USD 8.13 earnings per share and USD 26.35 billion in revenue.