Are Wall Street Analysts Bullish on Waste Management Stock?

Waste Management, Inc. (WM), founded in 1987 and headquartered in Houston, Texas, is a leader in environmental solutions across the U.S. and Canada. Offering waste collection, recycling, and disposal services, the company operates over 250 landfills, 97 material recovery facilities, and hundreds of transfer stations. Waste Management also generates renewable energy from landfill gas, processes recyclables, and provides specialized services in construction, remediation, and waste management for industrial sectors.

Valued at $87.6 billion by market cap, shares of the garbage and recycling hauler climbed 28.4% over the past 52 weeks and 21.3% on a YTD basis, slightly lagging behind the broader S&P 500 Index ($SPX), which rallied nearly 31.1% over the past year and 24.1% in 2024.