
Waste Connections (WCN) Stock Forecast & Price Target
Waste Connections (WCN) Analyst Ratings
Bulls say
Waste Connections demonstrates a strong financial outlook, underpinned by solid operational performance, including a 2.4% year-over-year organic revenue growth in Q2 driven by a 6.6% increase in pricing. The company achieved a 70 basis points year-over-year expansion in underlying solid waste margins, effectively compensating for challenges in recycled commodities and Renewable Identification Numbers (RINs). With expectations of continued profitability improvements and margin expansion projected for 2026, along with the positive effect of reduced voluntary turnover, Waste Connections is positioned favorably within its market.
Bears say
The financial outlook for Waste Connections appears negative due to a continued decline in solid waste volumes, which saw a reduction of 2.6% in Q2, exacerbated by macroeconomic uncertainties and the strategic shedding of low-quality volumes. Additionally, the company faces headwinds from declining recycled commodity prices, with reductions observed in average prices for key materials like OCC and RIN, collectively impacting revenue expectations by approximately $30 million in the second half of the year. Although leverage improved slightly, standing at around 2.7x Net Debt/Adjusted EBITDA, the persistent challenges in volume growth and commodity pricing could hinder future financial performance.
This aggregate rating is based on analysts' research of Waste Connections and is not a guaranteed prediction by Public.com or investment advice.
Waste Connections (WCN) Analyst Forecast & Price Prediction
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