Casella Waste Systems stock gains 3.95 percent to EUR 80.98

Published on 10/20/2026 at 20:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James set USD 106 target October 9, 2026. Casella Waste Systems stock costs EUR 80.98 on October 20, 2026, up 3.95 percent versus Xetra close.

Price and targets

Raymond James cut its Casella target to USD 106 on October 9, 2026.
Second-quarter revenue reached USD 543.75 million, up 16.90 percent year over year.
Casella Waste Systems stock costs EUR 80.98 at Lang & Schwarz on October 20, 2026 at 8:31 p.m. CEST, 3.95 percent above the Xetra close.
Casella plans to release third-quarter results on November 9, 2026.

CWST, US1474481041, Illustration mit AI erstellt.

Casella Waste Systems (ISIN US1474481041) stock gained 3.95 percent against the Xetra close as the company approached its next quarterly report. Raymond James cut its target to USD 106 from USD 110 on October 9, 2026, while retaining a Strong Buy rating, according to Markets Insider. The stock was trading at EUR 80.98 at Lang & Schwarz on October 20, 2026 at 8:31 p.m. CEST, up EUR 3.08 or 3.95 percent versus the Xetra close of EUR 77.90 on October 20, 2026.

Target cut leaves upside

The Raymond James change leaves the analyst target 16.20 percent above the current Nasdaq price of USD 90.33 at 2:33 p.m. ET on October 20, 2026. The firm cited fuel-cost pressure and expected margin dilution, while it said fuel surcharges should catch up in October, according to Markets Insider.

Revenue growth meets margin pressure

Casella reported second-quarter revenue of USD 543.75 million, up 16.90 percent from the same period a year earlier. Adjusted EBITDA rose 12.50 percent to USD 123.20 million, but the adjusted EBITDA margin fell 0.80 percentage points to 22.70 percent, according to the Yahoo Finance transcript dated August 7, 2026.

The company also raised its 2026 revenue guidance to USD 2.09 billion to USD 2.11 billion and reaffirmed adjusted EBITDA guidance of USD 473 million to USD 483 million. That combination gives investors two numbers to weigh: strong reported growth and a margin profile affected by fuel recovery fees.

What comes next for the stock?

Casella is scheduled to release results for the three months ended September 30, 2026, after the market closes on November 9, 2026, and to host its conference call on November 10, 2026, according to the company's release carried by Yahoo Finance. The next report will test whether pricing, landfill volumes and acquisition contributions can offset the margin drag described in the second-quarter call.

Peer valuation remains higher

Casella's Nasdaq price-to-earnings ratio was 976.29 and its market capitalization was USD 5.7 billion on October 20, 2026. Waste Management traded at USD 230.73, up 1.91 percent, with a price-to-earnings ratio of 32.68 and a market capitalization of USD 92.2 billion. Republic Services traded at USD 231.51, up 1.09 percent, with a price-to-earnings ratio of 32.78 and a market capitalization of USD 70.9 billion.

Trading level after the Xetra close

The EUR 80.98 Lang & Schwarz quote places the stock EUR 3.08 above the EUR 77.90 Xetra close for October 20, 2026. The move is larger than the 1.91 percent rise in Waste Management and the 1.09 percent gain in Republic Services on the same date, although the companies differ in size and business mix.

The further course of trading is shown by the continuously updated real-time quote of Casella Waste Systems stock.