Waste Management stock gained 1.26 percent on October 2

Published on 10/04/2026 at 18:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waste Management stock reported Q2 revenue of USD 6.68 billion, up 4.0 percent year over year. Adjusted EPS reached USD 2.02, ahead of USD 1.92.

Trading-Floor mit großen Bildschirmen, die grüne Aktiencharts und Diagramme zeigen — Das Börsen-Editorial mit Kurscharts symbolisiert das Anlegerinteresse an Waste Management, notiert unter der ISIN US94106L1098, Illustration mit AI erstellt.

Waste Management stock (ISIN US94106L1098) gained 1.26 percent and closed at USD 204.45 on the NYSE on October 2, 2026. The move came as the waste-services company approached its next quarterly reporting date, with Q2 2026 revenue of USD 6.684 billion and adjusted earnings per share of USD 2.02.

Q2 revenue grew 4.0 percent

According to Business Wire, revenue for the quarter ended June 30, 2026, rose 4.0 percent from USD 6.430 billion a year earlier to USD 6.684 billion. Adjusted EPS increased from USD 1.92 to USD 2.02, while GAAP diluted EPS was USD 1.95.

The earnings mix matters because the revenue increase was smaller than the earnings increase. Waste Management also maintained its 2026 adjusted operating EBITDA outlook of USD 8.15 billion to USD 8.25 billion and its free cash flow forecast of USD 3.75 billion to USD 3.85 billion, according to Zacks.

Analysts see more upside

Consensus data from Financhill show a Buy rating from 28 analysts and an average 12-month price target of USD 258.56. The target places the October 2 price 20.9 percent below the consensus level.

The next test is the volume outlook. Zacks reported that Waste Management reduced its 2026 revenue guidance to USD 26.28 billion to USD 26.48 billion while keeping its EBITDA and free cash flow targets, a combination that puts execution and margin protection ahead of headline sales growth.

Stock stays below its yearly high

Waste Management closed at USD 204.45 on October 2, 2026, after trading between USD 200.57 and USD 205.00 during the session. The stock remains USD 43.68 below its 52-week high of USD 248.13 and USD 10.34 above its 52-week low of USD 194.11.

Market capitalization stood at USD 81.7 billion and trading volume reached 2,366,307 shares on October 2, 2026. For investors, the central question is whether the next report can sustain 4.0 percent revenue growth while the company protects its 2026 cash flow range.