Waste Management with a clear analyst picture, shares trade solidly in the S&P 500

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-28, 09:44.

Waste Management (US94106L1098) enters the new week as one of the larger environmental services names on the NYSE and in the S&P 500. Analyst data and recent valuation work highlight a premium multiple and steady demand in the North American waste segment, according to a Simply Wall St analysis syndicated on Yahoo Finance and other consensus compilations.

What current analyses highlight

Recent discounted cash flow work cited by Simply Wall St puts an intrinsic value for Waste Management shares at around 248 US dollars compared with a spot price near 225.5 dollars, implying modest upside based on long-term cash generation assumptions, according to a valuation analysis on Yahoo Finance.

The same breakdown points to a trailing price-to-earnings ratio in the region of 32 times earnings for Waste Management, well above many traditional industrial names but broadly aligned with defensive infrastructure-like peers that combine regulated components and long-term contracts, as reported in the Simply Wall St summary.

Analyst consensus and sector position

Across large data aggregators, Waste Management is typically rated between Hold and Buy by the majority of covering analysts, with consensus price targets commonly clustered only slightly above the prevailing price level and reflecting expectations for mid-single-digit revenue growth and steady margins in the waste and recycling sector, according to current broker overviews on MarketScreener and other platforms.

In sector comparisons, Waste Management often trades at a valuation premium to several listed environmental services peers due to its scale, high proportion of contracted municipal volumes and significant North American landfill and recycling footprint, as noted in recent analyst commentaries and sector roundups that compare the group with other major waste operators.

How Waste Management earns its money

Waste Management generates most of its revenue by collecting, transferring and disposing of solid waste for municipal, commercial, industrial and residential customers across the United States and parts of Canada, often under multi-year contracts with local authorities and businesses.

Where the shares trade now

The Waste Management shares (US94106L1098) most recently traded on the NYSE at around 225.5 US dollars, based on the latest available closing data from late June 2026.

This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or any other form of financial guidance. All data are based on sources considered reliable but cannot be guaranteed. Investors should conduct their own research or consult a qualified advisor before making investment decisions.