Waters stock: TD Cowen raises target to USD 515.00. November 3 results matter for Waters stock
Published on 10/24/2026 at 04:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget revision and reporting date
- TD Cowen raised its Waters target from USD 475.00 to USD 515.00 on October 13, 2026.
- Waters generated USD 1.65 billion in second-quarter 2026 revenue against USD 1.62 billion expected.
- Waters will report third-quarter 2026 results on November 3, 2026.
Waters Corporation (ISIN US9418481035) faces a USD 515.00 analyst target after TD Cowen lifted its previous USD 475.00 target on October 13, 2026, according to MarketBeat. Waters stock also has a scheduled reporting date on November 3, 2026.
TD Cowen lifts target to USD 515
The October 13 revision kept the target above the USD 443.79 average target cited by MarketBeat, a difference of USD 71.21. The same overview listed a Buy rating from TD Cowen, while other firms had also raised targets toward USD 500.00 and USD 515.00.
Waters also launched AI Link on October 13, 2026, adding Anthropic's Model Context Protocol to its informatics platform and joining Anthropic's Model Hardware Standard research program, according to PR Newswire. The software announcement gives the target revision a product-development angle rather than making it solely a valuation call.
What does the next quarter need to show?
Waters reported USD 1.65 billion in second-quarter 2026 revenue, above the USD 1.62 billion consensus, while adjusted earnings per share reached USD 3.05 against USD 3.01 expected, according to The Stock Observer. Revenue increased 113.30 percent year over year in that quarter, while the company guided third-quarter earnings per share to USD 3.95-4.05.
Three dates show the sequence
On August 4, 2026, Waters reported USD 1.65 billion in second-quarter revenue and USD 3.05 adjusted earnings per share. On September 21, 2026, Goldman Sachs raised its target from USD 465.00 to USD 515.00. On October 13, 2026, TD Cowen raised its target from USD 475.00 to USD 515.00 and Waters launched AI Link.
November 3 is the next checkpoint
Waters Corporation scheduled its third-quarter 2026 results call for November 3, 2026, at 8:00 a.m. ET. The company will need to show whether the second-quarter revenue and earnings beat can extend into the next reporting period.
Dated euro quote
The last available euro quote stood at EUR 403.40 on October 20, 2026 at 3:48 p.m. CEST on Tradegate. Waters Corporation is listed on the NYSE under ticker WAT.
Waters Corporation stock facts
- Company: Waters Corporation
- ISIN: US9418481035
- Ticker: WAT
- Primary exchange: NYSE
- Market capitalization: USD 44.5 billion as of October 23, 2026
- 52-week range: USD 282.77-465.36 as of October 23, 2026
- Sector / Industry: Healthcare / Medical diagnostics and research
Market context: Market report S&P 500.
