Waste Management (WM) News Today

Waste Management, Inc. (NYSE:WM) saw its share price move today on a series of analyst updates, market indicators and corporate filings.

• Positive Sentiment: Scotiabank raised its price target on WM to $275.00 and maintained a “sector outperform” rating.Scotiabank Increases Waste Management Price Target
• Positive Sentiment: BMO Capital Markets lifted its price objective on WM to $248.00 with a “market perform” rating.BMO Raises WM Price Target
• Positive Sentiment: UBS Group increased its target price on WM to $265.00, maintaining a “neutral” rating despite the boost.UBS Issues Positive Forecast
• Positive Sentiment: Oppenheimer raised its WM price objective to $265.00 and kept an “outperform” rating.Oppenheimer Issues Positive Forecast
• Positive Sentiment: National Bank Financial increased its Q3 2025 EPS forecast for WM to $2.12, up from $2.09.Q3 EPS Forecast Raised
• Positive Sentiment: William Blair awarded WM an “Outperform” rating in its latest survey of analysts.WM Earns “Outperform”
• Neutral Sentiment: National Bank Financial trimmed its FY2026 EPS estimate for WM slightly to $8.76 from $8.77.Reporting estimate change
• Neutral Sentiment: Jim Cramer commented that WM’s recent earnings reflect broader economic health.Jim Cramer Says WM Earnings Reflect Economic Health
• Neutral Sentiment: Waste Management filed an automatic mixed securities shelf, giving it flexibility to raise capital if needed.WM Files Automatic Mixed Securities Shelf
• Neutral Sentiment: Earthworks Industries’ subsidiary Cortina Integrated Waste Management is challenging a lease cancellation in U.S. court, a development in the waste sector but not directly tied to WM’s operations.Earthworks Challenges Lease Cancellation
• Negative Sentiment: Short interest in WM surged to 4.11 million shares as of mid-July—up from just 800 shares at June’s end—indicating increased bearish bets against the stock.
• Negative Sentiment: William Blair cut its FY2025 EPS estimate for WM to $7.56 from $7.77 and lowered its Q3 2025 outlook to $2.01 from $2.17 despite maintaining an “Outperform” rating.Analyst estimate cuts

Overall, upward revisions from major banks and a solid quarterly outlook helped lift sentiment, while the jump in short interest and some analyst estimate cuts added headwinds.