The Williams Companies, Inc. (WMB) earnings on May 4, 2026
More The Williams Companies, Inc. earnings
Prior outlook: Pessimistic Outcome: Partial
The stock moved both up and down during the day, climbing as much as 2.62% before ending with a 0.93% gain. This shows the price recovered even though some investors were initially expecting it to drop.
WMB price around the earnings
76.12
Change: +0.9%
2026-05-05, 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
Analysts upgrade, but caution due to weak price action.
Although some analysts have raised their price targets, the stock's weak price movement and history of disappointing earnings are causing experts to temper their expectations.
Context analyzed before publication
- Summary
- Analysts upgrade, but caution due to weak price action.
- Playbook
- The stock faces headwinds from weak price action and past earnings misses, suggesting a cautious scenario. The current data points to a need for clearer signs of strength before a more optimistic reading.
- Trend
- Outlook deteriorating over past five sessions.
Analysts
Drivers
-
Analysts
Positive
Analysts cite a moderate increase in the stock price, supported by recent upgrades and target increases from major firms. These actions suggest a positive fundamental view from the analyst community.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.64
- Analysts covering the stock
- 23
- Average price target
- 79.68
- Lowest price target
- 60
- Highest price target
- 90
- Upside to price target
- 13.1%
- Quarterly earnings growth
- 51%
- Revenue growth
- 8.7%
- Forward EPS
- 2.61
- Trailing EPS
- 2.14
- Analyst moves in the last 60 days
- 7
- Strong buy: 5
- Buy: 16
- Hold: 3
- Sell: 0
- Strong sell: 1
- Strong buy
- 5
- Buy
- 16
- Hold
- 3
- Sell
- 0
- Strong sell
- 1
- April 20, 2026 · Goldman Sachs: Upgrades rating (Neutral → Buy)
- April 10, 2026 · Jefferies: Maintains rating (Buy → Buy)
- April 6, 2026 · RBC Capital: Maintains rating (Outperform → Outperform)
- April 1, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
- March 24, 2026 · Truist Securities: Initiates coverage (Hold → Buy)
- March 13, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- March 2, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
News and sentiment
Drivers
-
News & sentiment
Negative
Despite positive analyst sentiment, the stock's continued decline suggests underlying concerns about its past earnings performance and negative price trend. High retail optimism with low volume might indicate a crowded case risk.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- This Plexus Analyst Turns Bullish; Here Are Top 4 Upgrades For Monday — Benzinga
- Goldman Sachs Upgrades Williams Companies to Buy, Announces $82 Price Target — Benzinga
- Jefferies Maintains Buy on Williams Companies, Raises Price Target to $83 — Benzinga
- RBC Capital Maintains Outperform on Williams Companies, Raises Price Target to $82 — Benzinga
- Scotiabank Maintains Sector Outperform on Williams Companies, Raises Price Target to $85 — Benzinga
- Truist Securities Initiates Coverage On Williams Companies with Buy Rating, Announces Price Target of $84 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's recent performance has lagged the broader market, indicating ongoing selling pressure. The current price is near resistance, while support is a considerable distance away, presenting a less attractive risk-reward scenario.
Evidence
- Average true range (ATR)
- 2.4%
- Distance to 52-week high
- -8.4%
- 14-day change (14d)
- -2.0%
- 30-day change
- -4.7%
- 30-day relative strength
- -8.4%
- Benchmark change
- +3.8%
- Nearest support
- 69.38
- Nearest resistance
- 75.37
- Volume accumulation ratio
- 0.82
Trends
Evidence
- Average earnings surprise
- +0.0%
- February 10, 2026: actual EPS 0.55 vs estimate 0.56 (surprise -1.4%)
- November 3, 2025: actual EPS 0.53 vs estimate 0.54 (surprise -1.0%)
- August 4, 2025: actual EPS 0.46 vs estimate 0.49 (surprise -6.0%)
- May 5, 2025: actual EPS 0.6 vs estimate 0.55 (surprise +8.4%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.2%
- 75th percentile move
- 3%
- 90th percentile move
- 3.9%
- Up / down moves
- 11 / 8
- Average up move
- +2.0%
- Average down move
- -2.2%
Monitoring and close
What The Williams Companies, 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
- +0.9%
- Max favorable move (MFE)
- 2.5%
- Max adverse move (MAE)
- 2.6%