WaterBridge Infrastructure LLC

WBI · NYSE

$29.12+$0.93 (+3.30%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $28.19

WBI analyst rating

BuyConsensus of 8 analysts over the last 12 months. 75% rate it a buy.

Strong buy1
Buy5
Hold2
Underperform0
Sell0

12-month price target · 10 analysts

Average $37.10 (+27.4% upside)

Low: $28.28
Now: $29.12
High: $45.15

Upgrades and downgrades

The latest rating actions, newest first

WBI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Sep 28, 2026	Initiates	Overweight	$37.00	44%
Barclays	Aug 19, 2026	Maintains	Overweight	$33.00 → $34.00	71%
JP Morgan	Aug 18, 2026	Initiates	Overweight	$38.00	0%
Wells Fargo	Aug 14, 2026	Maintains	Equal-Weight	$26.00 → $28.00	44%
Morgan Stanley	Aug 12, 2026	Maintains	Overweight	$38.00 → $43.00	61%
Goldman Sachs	Jul 15, 2026	Maintains	Buy	$36.00 → $41.00	62%
Goldman Sachs	May 29, 2026	Maintains	Buy	$32.00 → $36.00	62%
Barclays	May 21, 2026	Maintains	Overweight	$29.00 → $33.00	71%
Morgan Stanley	May 20, 2026	Maintains	Overweight	$34.00 → $38.00	61%
Morgan Stanley	Apr 22, 2026	Upgrade	Equal-Weight → Overweight	$34.00	61%

The case for and against

Updated Apr 3, 2026

Bull case

WaterBridge Infrastructure LLC (WBI) has established a strong financial foundation through attractive, long-term contracts characterized by 10-year tenors, minimum volume commitments (MVCs), and fee escalators, which contribute to predictable revenue streams. The company's strategic positioning in the Delaware Basin, combined with its operational scale and redundancies, enhances its competitive advantage in providing essential water management solutions to oil and gas exploration and production (E&P) companies, as demand for these services is expected to increase. Furthermore, WBI's partnership with LandBridge allows for significant disposal capacity and assures E&P customers of long-term flow assurance, bolstering the firm's growth potential in a crucial segment of the energy market.

Bear case

WaterBridge Infrastructure LLC faces a negative outlook due to several fundamental concerns impacting its operational performance and financial stability. A slowdown in drilling activity and declining disposal capacity in the Stateline area may lead to a decrease in produced water volumes and reduced utilization rates, which could ultimately depress revenues. Additionally, the potential for lower margins due to reduced pipeline throughput raises the risk of decreased or terminated cash dividends, further straining the company's financial position.

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.