Baird upgraded Waste Management Inc (WM) to Outperform from Neutral on November 3, 2025. The stock is currently priced at $203.27.
This upgrade reflects a more optimistic outlook on the company's prospects, suggesting improved fundamentals or enhanced confidence in its strategic direction. Waste Management, headquartered in Houston, Texas, provides waste management environmental services across the U.S. and Canada, employing 61,700 full-time staff. The firm operates in several segments, including East Tier, West Tier, Recycling Processing and Sales, WM Renewable Energy, and WM Healthcare Solutions.
As of November 8, 2025, Waste Management boasts a market capitalization of $80.4 billion, a price-to-earnings ratio of 31.37, and an earnings per share figure of 6.34. The company has a dividend yield of 164.5%. Upcoming earnings are scheduled for July 26, 2026, with an estimated EPS of $2.22 and revenue of $7.1 billion.
Analyst consensus indicates a total of 34 ratings, with 9 Strong Buy, 14 Buy, and 11 Hold, reflecting a general Buy consensus as of November 1, 2025. Recent earnings performance showed a Q3 2025 EPS of $1.98, which fell short of the $2.08 estimate, marking a 4.8% surprise to the downside.
Analyst ratings and price targets can provide valuable insights but should be considered alongside company fundamentals and market conditions when making investment decisions.