Casella Waste Systems

CWST · NASDAQ

$93.07+$6.53 (+7.55%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $86.54

CWST analyst rating

BuyConsensus of 5 analysts over the last 12 months. 80% rate it a buy.

Strong buy0
Buy4
Hold1
Underperform0
Sell0

12-month price target · 12 analysts

Average $115.99 (+24.6% upside)

Low: $91.91
Now: $93.07
High: $136.50

Upgrades and downgrades

The latest rating actions, newest first

CWST analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 8, 2026	Maintains	Neutral	$105.00 → $91.00	53%
JP Morgan	Aug 10, 2026	Maintains	Neutral	$110.00 → $105.00	53%
Barclays	Aug 10, 2026	Maintains	Overweight	$102.00 → $104.00	29%
UBS	Jun 26, 2026	Maintains	Buy	$130.00 → $122.00	45%
Barclays	May 4, 2026	Upgrade	Equal-Weight → Overweight	$101.00 → $102.00	29%
UBS	Mar 10, 2026	Maintains	Buy	$140.00 → $130.00	45%
JP Morgan	Feb 23, 2026	Maintains	Neutral	$112.00 → $110.00	53%
Barclays	Feb 23, 2026	Maintains	Equal-Weight	$95.00 → $101.00	29%
Jefferies	Jan 6, 2026	Upgrade	Hold → Buy	$100.00 → $120.00	62%
JP Morgan	Dec 11, 2025	Initiates	Neutral	$112.00	53%

The case for and against

Updated Jan 19, 2026

Bull case

Casella Waste Systems Inc. has established a robust revenue model, predominantly driven by its operations in the Western region, which contributes the highest share of its total revenue. The company's diverse service offerings in Recycling, Collection, Organics, and Landfills position it well to capitalize on the growing demand for resource management solutions among residential, commercial, and industrial customers. Additionally, the strategic segmentation across Eastern, Western, and Mid-Atlantic regions enhances its operational efficiency and market reach, supporting a favorable outlook for the company’s financial performance.

Bear case

Casella Waste Systems Inc. exhibits a negative outlook due to its vulnerability to economic fluctuations in New England, a core market, and exposure to risks associated with fuel and recycled commodity price volatility. The company's reliance on specific sectors, such as special waste and industrial volumes, has shown signs of weakness, particularly in regions experiencing economic downturns, which could adversely affect revenue and earnings. Additionally, potential shifts in industry fundamentals, competitive dynamics, and management practices pose further risks that may compromise the company's financial stability and growth prospects.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.