NYSE: WM

Waste Management (WM) Stock Analysis & Forecast

Waste Management, Inc. Industrial services sector, environmental services industry. Market cap $84.38B.

$211.10−2.23 (−1.0%)

Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.

Gekko Brief

AI summary

Waste Management closes at $211.10, down 1% on the day, with shares sitting between the 50-day average of $225.90 and the 200-day average of $225.20. The stock is down 6.2% over one month and 9.7% over six months, though it remains 2.1% lower over the past year. The GekkoIndex reads 69.5, placing WM in the Accumulation zone, while the price sits 18.4% below the Gekko Fair Value estimate of $258.81.

Coverage this week centers on options positioning and peer comparisons. Options flow ahead of the September 18 expiry showed a risk reversal and calendar spread pointing to capped upside and extended downside protection, with put volume supporting a defensive bias, even as Wells Fargo reiterated a "buy" rating with a $268 target. Separately, WM was grouped with Republic Services, Clean Harbors, Perma-Fix and Quest Resource in a Q2 sector performance review. A WM vice president and chief accounting officer sold 1,365 shares for about $300,164, reducing his stake by 15%. Elsewhere, 69 Sacramento drivers, mechanics and welders voted to join Teamsters Local 150, and the company is reportedly considering extending its Rochester landfill operation beyond 2034, potentially to 2037.

The next earnings date is 26 October 2026, 36 days out and beyond a typical 20-trading-day holding window. The prior quarter produced a beat, with EPS of $2.02 versus a $1.99 estimate, followed by a modest 0.5% reaction; WM has beaten estimates in 5 of the last 8 quarters, with an average absolute reaction of 2.9%. Seasonally, the next 20 trading days have averaged a 0.1% return over 5 years, positive in 3 of those years. No insider, Congress, or unusual options activity within their respective 90-day and 30-day windows is on record beyond the disclosed VP sale.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $211.10200-day averageGekko Fair Value $258.81

Key stats

Market cap
$84.38B
P/E ratio
30.3
Forward P/E
23.2
EPS, TTM
$7.04
Revenue, TTM
$25.67B
Profit margin
11.1%
Dividend yield
1.65%
Beta
0.43
Volume
3.57M avg 2.23M
1-year return
−2.1%
Typical daily move
±1.7%
Typical 20-day move
±3.4%
50-day average
$225.90
200-day average
$225.20
Next earnings
Oct 26
Shares outstanding
399.7M
52-week range
$194.11$248.13

Waste Management swing-trade checklist

Waste Management scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $211.10 sits between the 50-day ($225.90) and 200-day ($225.20) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    69.5, Accumulation

    Reading 69.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    18.4% below

    Price is 18.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Oct 26, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.1% on average

    From this point in the calendar, the next 20 trading days averaged +0.1% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Waste Management stock chart and price history

Waste Management closed at $211.10 on Sep 18, 2026, −2.1% over the past year, inside a 52-week range of $194.11 to $248.13.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.2%
3 months
−1.6%
6 months
−9.7%
1 year
−2.1%
The full WM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open WM in Gekko

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About Waste Management

Waste Management provides waste collection, transfer, and disposal services across North America, working with households, businesses, industrial sites, and local governments. It picks up trash and recyclable materials and moves them to transfer stations, recovery facilities, or landfills, and it is recognized for this collection-to-disposal chain that spans the continent.

The company runs and develops its own landfill sites, including facilities that convert landfill gas into energy, along with a large number of transfer stations and material recovery facilities. Its work goes beyond basic pickup and dumping: it processes recyclable commodities, brokers recyclables on behalf of other companies, takes on construction and remediation work, handles residue from coal and fuel combustion such as fly ash, offers consulting-style in-plant waste management support, and provides disposal services tailored to oil and gas exploration and production operations.

The company traces back to 1987, when it was incorporated as USA Waste Services, Inc., before taking the Waste Management name in 1998. It is headquartered in Houston, Texas, and its shares are listed on the NYSE under the ticker WM.

Listed
NYSE
Sector
Industrial services
Industry
Environmental services
Website
wm.com

Waste Management GekkoIndex: the smart money zone

Waste Management’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 69.5, in the Accumulation zone, down 1.7 points over five sessions.

010069.5Accumulation

Down 1.7 points over five sessions, from the Buying zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying19+0.8%+2.7%+6.4%+10.2%
Accumulation (current zone)200+0.4%+0.6%+1.2%+1.9%
Neutral393+0.1%0.0%−0.3%+0.2%
Distribution38−0.8%+0.3%+2.4%+1.7%
Selling12+1.4%+2.0%+6.8%+8.9%

Average WM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the WM price, zone by zone.Track WM in Gekko

Is Waste Management stock overvalued? Gekko Fair Value

Waste Management trades 18.4% below Gekko Fair Value of $258.81, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Waste Management shares are worth, recalculated every trading day.

$258.81

Gekko Fair Value, Sep 19, 2026

18.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open WM in Gekko

Waste Management insider and Congress trading

No open-market insider purchases were filed for Waste Management, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for WM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every WM insider filing, plotted on the chart in Gekko.Open WM in Gekko

Congress trades last 90 days

No trades in WM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for WM, plotted on the chart in Gekko.Open WM in Gekko

Buybacks

Waste Management has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$659.0M
As a share of market cap
0.78%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds WM.

0added0opened1trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Waste Management earnings: next date and track record

Waste Management reports on Oct 26, 2026 (36 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±2.9%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+6.0%Oct ’24+4.1%Jan ’25+0.2%Apr ’25+2.6%Jul ’25−4.9%Oct ’25−3.5%Jan ’26+1.8%Apr ’26−0.5%Jul ’26

Last earnings call, Jul 28, 2026 AI summary

What they said
WM reported a strong second quarter with operating EBITDA growth (5.5% reported, 9.1% ex-wildfire cleanup), 40 bps of margin expansion, and robust free cash flow (35% growth for the quarter; first half FCF up 57%). Management highlighted strength in the Collection & Disposal business driven by price discipline, cost optimization and technology/automation (SmartTruck, recycling automation). Recycling and renewable energy (RNG) showed strong operating EBITDA growth (~33% combined) driven by increased throughput and automation; Healthcare Solutions integration progressed with improving DSO and cross-selling ($32M cross-sell YTD). Volume headwinds versus prior guidance were noted—primarily in commercial solid waste (national account losses) and delayed RNG ramp due to pipeline interconnect issues—partially offset by higher energy surcharges and better-than-planned pricing and cost controls. Management reiterated confidence in full-year operating EBITDA and free cash flow guidance, pointed to SG&A improvement and disciplined capital spending, and emphasized continued margin expansion through technology and operational improvements.
Guidance
Management maintained full-year operating EBITDA and free cash flow guidance. Specific items called out: estimated $175 million of incremental energy surcharge revenue for 2026 (with ~$100 million realized in Q2); net volume-related collection & disposal revenue headwind of ~$250 million partially offset by surcharges to a net ~$75 million; ~ $75 million reduction expected in sustainability businesses (recycling brokerage and RNG) due to slower volumes/delays; full-year SG&A expected around 10% of revenue with Healthcare Solutions SG&A improving to 15-16% run rate; free cash flow guidance implying ~29% year-over-year growth for the full year; margin guidance implying ~20 bps full-year improvement with Q3/Q4 expected to be higher than Q2; RNG/RIN positioning: ~90% of 2026 RINs locked, ~1/3 of 2027 presold. Empty string if none: (guidance provided).
Risks flagged
Key risks discussed: weaker-than-expected volumes (commercial/national accounts losses and winter recovery shortfall), delays in RNG pipeline interconnects and plant ramp causing lower 2026 volumes, volatility in energy surcharges and RIN/commodity prices, wildfire-related comparables, and macroeconomic uncertainty that could affect industrial and commercial volumes. Also integration execution risks (Healthcare Solutions) though management stated integration largely complete.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 28, 2026$2.02
est $1.99
+1.5%$6.68B
est $6.71B
−0.4%−0.5%
Apr 28, 2026$1.81
est $1.75
+3.4%$6.23B
est $6.28B
−0.8%+1.8%
Jan 28, 2026$1.93
est $1.95
−1.0%$6.31B
est $6.39B
−1.2%−3.5%
Oct 27, 2025$1.98
est $2.03
−2.5%$6.44B
est $6.49B
−0.8%−4.9%
Jul 28, 2025$1.92
est $1.89
+1.6%$6.43B
est $6.36B
+1.1%+2.6%
Apr 28, 2025$1.67
est $1.59
+5.0%$6.02B
est $6.11B
−1.5%+0.2%
Jan 29, 2025$1.70
est $1.80
−5.6%$5.89B
est $5.84B
+1.0%+4.1%
Oct 28, 2024$1.96
est $1.88
+4.3%$5.61B
est $5.51B
+1.7%+6.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Waste Management stock forecast and analyst price targets

Analysts’ average 12-month price target for Waste Management is $259.92, +23.1% from the last close, from 21 firms rating the stock in the last 90 days.

$259.92consensus 12-month target, +23.1% from the last close
Low $230High $277
Buy13
Hold8
Sell0

Each firm’s latest rating in the last 90 days: 21 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 15Wolfe ResearchHold, initiated
Sep 8BernsteinBuy, maintained$270+27.9%
Sep 2BernsteinBuy, maintained$270+27.9%
Aug 27ScotiabankHold, maintained$260+23.2%
Aug 26William BlairBuy, reiterated
+1.2%average 20-day move after past Accumulation readings
+0.1%average move over the next 20 trading days in the last 5 years
±1.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Waste Management seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Waste Management averaged +0.1% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+2.9%2021−7.7%2022+0.2%2023+4.1%2024−0.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.5%2 of 5
Next 10 trading days−1.2%2 of 5
Next 15 trading days−0.7%3 of 5
Next 20 trading days+0.1%3 of 5
Next 30 trading days−0.3%3 of 5

For scale, WM’s typical 20-trading-day move in either direction is about 3.4%.

Waste Management market cap and key statistics

Waste Management’s market cap is $84.38B, with a P/E ratio of 30.3 and revenue of $25.67B over the last twelve months.

Valuation

Market cap
$84.38B
P/E ratio
30.3
Forward P/E
23.2
EPS, TTM
$7.04
Gekko Fair Value
$258.81

Trading

Volume
3.57M
Avg volume, 20 days
2.23M
52-week high
$248.13
52-week low
$194.11
Shares outstanding
399.7M

Financials

Revenue, TTM
$25.67B
Profit margin
11.1%
Return on equity
29.8%
Quarterly earnings growth, YoY
+8.3%

Risk and income

Beta
0.43
Typical daily move
±1.7%
Typical 20-day move
±3.4%
Dividend yield
1.65%

Waste Management stock news this week

Coverage of Waste Management this week reads positive: 4 positive, 2 neutral and 3 negative headlines.

News sentiment positive

Waste Management peers

Waste Management’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
RSGRepublic Services−0.3%Accumulation10.4% below
WCNWaste Connections−0.8%Buying3.7% above
CLHClean Harbors−0.4%Neutral16.4% above
GFLGFL Environmental Inc. Subordinate voting shares, no par value−1.5%Neutral12.8% above
CWSTCasella Waste Systems0.0%Accumulation31.5% below
NVRIEnviri+0.6%Accumulation16.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Waste Management stock FAQ

What is Waste Management’s market cap?

Waste Management’s market cap is $84.38B at the Sep 18, 2026 close of $211.10, with 399.7M shares outstanding. The shares trade on a P/E ratio of 30.3.

What is the Waste Management stock forecast?

The consensus analyst 12-month price target for Waste Management is $259.92, +23.1% from the last close. Of the 21 firms that rated the stock in the last 90 days, 13 rate it a buy, 8 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Waste Management stock overvalued or undervalued?

On Gekko’s estimate Waste Management is undervalued: the Sep 18, 2026 close of $211.10 is 18.4% below Gekko Fair Value of $258.81. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Waste Management report earnings next?

Waste Management is expected to report on Oct 26, 2026 (36 days away). Analysts expect earnings of $2.18 per share on revenue of $6.80B. Waste Management beat the earnings estimate in 5 of its last 8 reports, moving 2.9% on average across the report.

What is Waste Management’s 52-week high and low?

Waste Management’s 52-week high is $248.13 and its 52-week low is $194.11; it closed at $211.10 on Sep 18, 2026, −2.1% over the past year.

Is Waste Management stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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