---
title: "Weekly Recap | Waste +5.52%, closing in on record highs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302956445.md"
description: "Waste Management (WM) gained 5.52% this week to close at $239.38, while the S&P 500 fell 0.47%, leaving the stock ahead of the benchmark by about 5.99 percentage points. The move was a choppy climb: Monday opened at $224.54, then buying picked up through the week, with Thursday pushing to a high of $240.60 before Friday gave back a touch to finish near the top. Weekly amplitude ran 7.84%."
datetime: "2026-10-24T07:22:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302956445.md)
  - [en](https://longbridge.com/en/news/302956445.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302956445.md)
generator: "portal-rs"
---

# Weekly Recap | Waste +5.52%, closing in on record highs

## The Week

Waste Management (WM) gained 5.52% this week to close at $239.38, while the S&P 500 fell 0.47%, leaving the stock ahead of the benchmark by about 5.99 percentage points. The move was a choppy climb: Monday opened at $224.54, then buying picked up through the week, with Thursday pushing to a high of $240.60 before Friday gave back a touch to finish near the top. Weekly amplitude ran 7.84%.

## Key Events

There were few direct company actions this week. Coverage centred on a discussion that the bull case for WM could change following its renewable natural gas expansion, with attention on how returns from that business may re-rate. On Friday, T3 Companies LLC disclosed a small position of 5,290 shares. A retrospective piece also noted what a $1,000 investment in WM 15 years ago would be worth today. The overall information flow was neutral.

## Analyst Ratings

Coverage stands at 28 institutions: 16 rate it buy, 3 overweight, 9 hold, and none underweight or sell. The consensus rating is buy, with a consensus target of $253.52, roughly 5.91% above the spot price. Targets range from $220.00 to $277.00, pointing to wide dispersion across views. Within the environmental and facilities services industry, the stock ranks 2 out of 26 by ratings.

## The Week Ahead

The main item is Tuesday’s after-market Q3 FY2026 earnings release, where analysts model EPS of $2.1677 and revenue of $6.815 billion. Actual numbers and guidance will be the key variable. The same day brings a heavy US macro slate, including durable goods orders, FHFA house prices, Case Shiller home prices, new home sales, consumer confidence and the Richmond Fed composite index.

## In Short

WM outperformed the S&P 500 by about 6 percentage points this week and is trading near the top of its 60-day range. The buy consensus and target above spot suggest an upward bias, yet the low end of the target range at $220.00 sits well below the current price, showing disagreement about valuation and growth pace. Latest-day flows show large-lot money as a net buyer while mid and small flow lean the other way. The question now is whether earnings and the macro calendar can back up the current multiple.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [WM.US](https://longbridge.com/en/quote/WM.US.md)

## Related News & Research

- [Waste Management: 3 key takeaways for long-term investors](https://longbridge.com/en/news/303498396.md)
- [Should Labor Deal And Q3 Results Require Action From Waste Management (WM) Investors?](https://longbridge.com/en/news/303198557.md)
- [Waste Management Q3 revenue slightly beats on higher volumes](https://longbridge.com/en/news/303285280.md)
- [WM: Higher yield and segment recovery lifted Q3 operating income to $1.279B](https://longbridge.com/en/news/303433615.md)
- [T3 Companies LLC Acquires 5,290 Shares of Waste Management, Inc. $WM](https://longbridge.com/en/news/302861119.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**