Waste Management stock: RBC keeps USD 244.00 target for Waste Management stock

Published on 10/23/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 3.89 percent to USD 6.68 billion. Waste Management stock costs EUR 213.25 on October 23, 2026 at 4:31 p.m. CEST.

Analyst target and earnings date

RBC Capital maintained a Hold rating and set a USD 244.00 target on October 15, 2026.
Second-quarter revenue rose 3.89 percent to USD 6.68 billion, while net income increased to USD 785.00 million.
Waste Management stock costs EUR 213.25 at Lang & Schwarz on October 23, 2026 at 4:31 p.m. CEST.

Recyclinganlage mit Förderbändern und Arbeitern in Schutzkleidung bei der Sortierung — Waste Management (ISIN US94106L1098) betreibt moderne Recyclinganlagen, in denen Arbeiter Wertstoffe sorgfältig sortieren, Illustration mit AI erstellt.

Waste Management (ISIN US94106L1098) is heading toward its October 27 results with a USD 244.00 price target from RBC Capital, which maintained a Hold rating on October 15, 2026. The target is 2.08 percent above the NYSE price of USD 239.03 at 10:33 a.m. EDT on October 23, 2026. At Lang & Schwarz, the stock was trading at EUR 213.25 on October 23, 2026 at 4:31 p.m. CEST.

Revenue growth sets the baseline

Waste Management generated USD 6.68 billion in revenue during the second quarter of 2026, up from USD 6.43 billion in the second quarter of 2025. The increase equals 3.89 percent and came alongside net income of USD 785.00 million, compared with USD 726.00 million a year earlier, according to Markets Insider on October 15, 2026. That comparison puts net income growth at 8.13 percent, ahead of revenue growth.

Stock remains below its yearly high

Waste Management's USD 239.03 NYSE price on October 23, 2026 stood between the 52-week low of USD 194.11 and the 52-week high of USD 248.13. The quote was 3.67 percent below the yearly high and 23.14 percent above the yearly low. Trading volume was 402,606 shares at 10:33 a.m. EDT on the same date.

Valuation meets an imminent report

The company had a market capitalization of USD 95.5 billion and a price-to-earnings ratio of 33.84 on October 23, 2026. Those figures place the upcoming report at the center of the next valuation test, especially because the second-quarter comparison combines revenue growth with a larger increase in net income.

WM announced on September 24, 2026 that third-quarter results will be released after the market close on October 27, 2026. The company scheduled its investor conference call for October 28, 2026 at 10:00 a.m. ET. The release identifies WM as listed on the NYSE and describes collection, recycling and disposal services across the United States and Canada.

What does the target imply?

RBC Capital's USD 244.00 target is 2.08 percent above the USD 239.03 NYSE price on October 23, 2026. The modest gap makes the October 27 report important for testing whether the second-quarter pattern of 3.89 percent revenue growth and 8.13 percent net income growth continued into the third quarter.

Euro quote before the report

The Lang & Schwarz quote was EUR 213.25 on October 23, 2026 at 4:31 p.m. CEST. The next scheduled corporate date is October 27, 2026, when Waste Management is due to publish third-quarter results.

The further course of trading is shown by the continuously updated real-time quote of Waste Management stock.