GFL Environmental Inc. shares rose 4.93% as the stock reached a 20-day high.
The company has relocated its headquarters from Vaughan, Ontario to Miami, Florida, aiming to broaden its investor base in the U.S. and enhance visibility in both U.S. and Canadian equity indices. This strategic move is expected to strengthen GFL's market presence, as the U.S. now accounts for over two-thirds of its revenue, particularly from the rapidly growing Southeastern region. Additionally, the relocation is anticipated to improve GFL's ability to attract skilled talent, driving future business growth.
This relocation reflects GFL's commitment to expanding its market reach and enhancing operational efficiency, which could lead to increased investor confidence and potential revenue growth.
Wall Street analysts forecast GFL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GFL is 55.30 USD with a low forecast of 34.03 USD and a high forecast of 64.06 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
Wall Street analysts forecast GFL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GFL is 55.30 USD with a low forecast of 34.03 USD and a high forecast of 64.06 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
4 Hold
0 Sell
Moderate Buy
Current: 43.600
Low
34.03
Averages
55.30
High
64.06
Current: 43.600
Low
34.03
Averages
55.30
High
64.06
Scotiabank
Konark Gupta
Outperform
maintain
$58 -> $57
2026-01-21
Reason
Scotiabank
Konark Gupta
Price Target
$58 -> $57
AI Analysis
2026-01-21
maintain
Outperform
Reason
Scotiabank analyst Konark Gupta lowered the firm's price target on GFL Environmental to $57 from $58 and keeps an Outperform rating on the shares. The firm is updating its price targets for Transportation & Industrials stocks under its coverage, the analyst tells investors. The firm currently sees an upside risk to market expectations for defense companies and a downside risk for freight carriers. Scotiabank names GFL Environmental as one of its top picks for the year.
Citi
Buy
maintain
$58 -> $56
2026-01-16
Reason
Citi
Price Target
$58 -> $56
2026-01-16
maintain
Buy
Reason
Citi lowered the firm's price target on GFL Environmental to $56 from $58 and keeps a Buy rating on the shares. The firm adjusted targets in the waste services group as part of a Q4 preview. It trimmed estimates but rolled forward valuations to 2027 numbers. The analyst's top pick is WM.
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Goldman Sachs
Neutral
initiated
$50
2025-11-24
Reason
Goldman Sachs
Price Target
$50
2025-11-24
initiated
Neutral
Reason
Goldman Sachs initiated coverage of GFL Environmental with a Neutral rating and $50 price target. The firm is positive on the company's organic growth outlook but awaits further visibility on its free cash flow. GFL is an "execution story rather than a guaranteed outcome," the analyst tells investors in a research note.
Wells Fargo
Overweight
initiated
$68
2025-11-13
Reason
Wells Fargo
Price Target
$68
2025-11-13
initiated
Overweight
Reason
Wells Fargo initiated coverage of GFL Environmental with an Overweight rating and C$68 price target. The firm likes the company's ability to drive pricing ahead of inflation. GFL also has a "significant runway for value-accretive" acquisitions in an industry that benefits from logistics consolidation, the analyst tells investors in a research note.
About GFL
GFL Environmental Inc. is a Canada-based diversified environmental services company. The Company is engaged in offering solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling and disposal services. Its facilities type consists of convenience sites, landfills, material recovery facilities, organic processing, soil remediation sites and transfer stations. It has operations across Canada and the United States. The Company offers its services to municipal, residential, and commercial and industrial customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
