Waste Management, Inc. (WM) earnings on April 28, 2026
More Waste Management, Inc. earnings
Prior outlook: Pessimistic Outcome: Partial
The stock moved up and down during the day but ended 1.46% higher after earnings were released.
WM price around the earnings
230.35
Change: +1.5%
2026-04-29, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
Mixed contexts, potential for rebound.
Analysts are positive and have raised their price targets, but the stock's price has recently declined. This creates a mixed picture heading into the earnings report.
Context analyzed before publication
- Summary
- Mixed contexts; the scenario is mixed.
- Playbook
- Despite positive analyst ratings, the recent price weakness suggests a cautious scenario. The scenario is optimistic if the price shows clearer upward movement.
- Trend
- Outlook deteriorating over past two sessions.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain buy ratings, with an average price target significantly above current levels. Recent analyst actions include upgrades and increased price targets.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.75
- Analysts covering the stock
- 25
- Average price target
- 254.72
- Lowest price target
- 210
- Highest price target
- 285
- Upside to price target
- 14%
- Quarterly earnings growth
- 24.1%
- Revenue growth
- 7.1%
- Forward EPS
- 9.33
- Trailing EPS
- 6.68
- Analyst moves in the last 60 days
- 4
- Strong buy: 3
- Buy: 16
- Hold: 9
- Sell: 0
- Strong sell: 0
- Strong buy
- 3
- Buy
- 16
- Hold
- 9
- Sell
- 0
- Strong sell
- 0
- April 16, 2026 · Baird: Maintains rating (Outperform → Outperform)
- April 10, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- March 18, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- March 13, 2026 · Wolfe Research: Initiates coverage (Peer Perform)
News and sentiment
Drivers
-
News & sentiment
Negative
There is a notable difference between the falling stock price and the highly positive online sentiment. This divergence might indicate a potential 'sentiment trap,' where positive feelings have historically not translated into price increases.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 29.7%
News
Sources (5)
- Dell To Rally More Than 21%? Here Are 10 Top Analyst Forecasts For Thursday — Benzinga
- Baird Maintains Outperform on Waste Management, Raises Price Target to $260 — Benzinga
- JP Morgan Maintains Overweight on Waste Management, Raises Price Target to $270 — Benzinga
- Here's How Much $1000 Invested In Waste Management 15 Years Ago Would Be Worth Today — Benzinga
- Here's How Much $100 Invested In Waste Management 10 Years Ago Would Be Worth Today — Benzinga
Technicals
Drivers
-
Technical
Neutral
The stock's price trend has been negative recently, but it is currently market review near a support level. The scenario is modestly optimistic from here.
Evidence
- Average true range (ATR)
- 1.5%
- Distance to 52-week high
- -10.0%
- 14-day change (14d)
- -3.3%
- 30-day change
- -5.2%
- 30-day relative strength
- -9.0%
- Benchmark change
- +3.8%
- Nearest support
- 219.56
- Nearest resistance
- 244.32
- Volume accumulation ratio
- 0.85
Trends
Evidence
- Average earnings surprise
- +0.1%
- January 28, 2026: actual EPS 1.83 vs estimate 1.93 (surprise -5.0%)
- October 27, 2025: actual EPS 1.98 vs estimate 2.01 (surprise -1.6%)
- July 28, 2025: actual EPS 1.92 vs estimate 1.89 (surprise +1.8%)
- April 28, 2025: actual EPS 1.67 vs estimate 1.59 (surprise +5.3%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.3%
- 75th percentile move
- 5.3%
- 90th percentile move
- 6.1%
- Up / down moves
- 9 / 10
- Average up move
- +4.0%
- Average down move
- -2.9%
Monitoring and close
What Waste Management, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Partial
- Consolidated
- +1.5%
- Max favorable move (MFE)
- 1.5%
- Max adverse move (MAE)
- 1.7%