UBS keeps USD 48 target for Western Midstream stock

Published on 10/06/2026 at 09:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 1.22 billion in the second quarter of 2026, up 30.00 percent year over year. Analysts set a USD 49.89 target for Western Midstream stock.

WES, US9586691035, Illustration mit AI erstellt.

Western Midstream Partners (US9586691035) received a maintained UBS Hold rating and a USD 48.00 target on October 1, 2026, as Moomoo reported. The analyst action gives the stock a neutral valuation reference while recent operating figures show higher throughput and stronger cash generation.

Q2 revenue and EBITDA rise

Western Midstream generated USD 1.22 billion of revenue in the second quarter of 2026, up 30.00 percent from the same quarter of 2025, according to Zacks on September 9, 2026. Earnings reached USD 0.99 per unit, compared with USD 0.87 a year earlier, and exceeded the USD 0.90 consensus estimate.

Adjusted EBITDA set a quarterly record of USD 736.5 million, increasing 19.00 percent year over year, while distributable cash flow totaled USD 537.2 million. Operating cash flow reached USD 534.7 million and free cash flow was USD 263.6 million in the second quarter of 2026, according to Nasdaq.

Guidance moves higher

Western Midstream raised its 2026 adjusted EBITDA guidance to USD 2.75 billion to USD 2.95 billion, lifting the midpoint by USD 250.0 million from the original outlook, according to Zacks. Distributable cash flow guidance was set at USD 2.05 billion to USD 2.25 billion, while free cash flow guidance was set at USD 1.10 billion to USD 1.30 billion.

Zacks also reported that the partnership maintained its USD 850.0 million to USD 1.00 billion capital expenditure range but expected spending near the high end. Western Midstream reiterated a 2026 distribution target of at least USD 3.70 per unit, keeping the payout central to the investment case.

Analyst target and market value

MarketBeat listed a Moderate Buy consensus from 11 analysts, with an average 12-month target of USD 49.89. The group included six Hold ratings, three Buy ratings and two Strong Buy ratings, showing a positive aggregate view alongside UBS's neutral stance.

The next earnings report is scheduled for November 10, 2026, according to Investing.com. That date will give investors a fresh test of the raised guidance and of the contribution from the Brazos Delaware II acquisition.

NYSE range frames valuation

On October 5, 2026, the NYSE quote was last at USD 45.59 at 4:00 p.m. ET, against a prior close of USD 44.76. Market capitalization was USD 18.8 billion, and the 52-week range was USD 36.90 to USD 50.07.