On June 26, 2025, Waste Management (WM, Financial) saw an update from CIBC analyst Kevin Chiang, who maintained a "Neutral" rating on the stock. Alongside this, CIBC raised their price target for Waste Management from $244.00 to $250.00. This adjustment reflects a 2.46% increase in the price target.
Despite the increased target, the "Neutral" rating indicates a balanced view on Waste Management's stock (WM, Financial), as the analyst does not foresee extreme outperforming or underperforming compared to the market. Investors in Waste Management (WM) may consider this information for future decision-making as CIBC's updated analysis reflects their current outlook on the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Waste Management Inc (WM, Financial) is $249.16 with a high estimate of $272.00 and a low estimate of $196.11. The average target implies an upside of 9.27% from the current price of $228.03. More detailed estimate data can be found on the Waste Management Inc (WM) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Waste Management Inc's (WM, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Waste Management Inc (WM, Financial) in one year is $238.73, suggesting a upside of 4.69% from the current price of $228.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Waste Management Inc (WM) Summary page.