Casella Waste Systems, Inc. Reveals Plans to Reissue Solid Waste Disposal Revenue Bonds from New York State Environmental Facilities Corporation | Intellectia.AI
Casella Waste Systems, Inc. Reveals Plans to Reissue Solid Waste Disposal Revenue Bonds from New York State Environmental Facilities Corporation
Written by Emily J. Thompson, Senior Investment Analyst
Remarketing of Bonds: Casella Waste Systems, Inc. is initiating the remarketing of $37.5 million in Solid Waste Disposal Revenue Bonds originally issued in 2020, with a redemption of $2.5 million expected on September 2, 2025.
Interest Rate Changes: The Bonds will undergo mandatory tender and be remarketed at a new interest rate starting September 2, 2025, as the current interest rate period expires.
Bond Characteristics: These Bonds are not general obligations of the New York State Issuer and are solely payable from amounts received from Casella, with no state credit backing them.
Forward-Looking Statements: The announcement includes forward-looking statements regarding the remarketing process, which may be affected by market conditions and other uncertainties, with no guarantee of completion.
CWST
$99.83+Infinity%1D
Analyst Views on CWST
Wall Street analysts forecast CWST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWST is 118.17 USD with a low forecast of 95.00 USD and a high forecast of 140.00 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.
7 Analyst Rating
Wall Street analysts forecast CWST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWST is 118.17 USD with a low forecast of 95.00 USD and a high forecast of 140.00 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.
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 100.470
Low
95.00
Averages
118.17
High
140.00
Current: 100.470
Low
95.00
Averages
118.17
High
140.00
JPMorgan
Tami Zakaria
Neutral
initiated
$112
2025-12-11
Reason
JPMorgan
Tami Zakaria
Price Target
$112
2025-12-11
initiated
Neutral
Reason
JPMorgan analyst Tami Zakaria initiated coverage of Casella Waste with a Neutral rating and $112 price target. Casella is a vertically integrated provider of solid waste and resource management solutions, the analyst tells investors in a research note. The firm expects the company's sales growth of high-single-digits in 2026 including versus its historical 10% growth to keep the stock's valuation range-bound near term.
Goldman Sachs
Adam Bubes
Buy
downgrade
$125 -> $111
2025-11-03
Reason
Goldman Sachs
Adam Bubes
Price Target
$125 -> $111
2025-11-03
downgrade
Buy
Reason
Goldman Sachs analyst Adam Bubes lowered the firm's price target on Casella Waste to $111 from $125 and keeps a Buy rating on the shares following the Q3 beat and raise. There is increasing visibility on a return to margin expansion, the analyst tells investors in a research note. Goldman continues to expect an underlying mid to high single-digit organic EBITDA growth algorithm through the cycle and significant runway for value-added M&A.
Barclays
William Grippin
Underweight -> Equal Weight
upgrade
$88 -> $95
2025-11-03
Reason
Barclays
William Grippin
Price Target
$88 -> $95
2025-11-03
upgrade
Underweight -> Equal Weight
Reason
Barclays analyst William Grippin upgraded Casella Waste to Equal Weight from Underweight with a price target of $95, up from $88. The company's Q3 results show easing integration headwinds and a constructive 2026 outlook, the analyst tells investors in a research note. The firm says that while execution risk remains, Casella's recent data points "are reassuring."
UBS
Jon Windham
Buy
maintain
$135 -> $140
2025-11-03
Reason
UBS
Jon Windham
Price Target
$135 -> $140
2025-11-03
maintain
Buy
Reason
UBS analyst Jon Windham raised the firm's price target on Casella Waste to $140 from $135 and keeps a Buy rating on the shares. Casella Waste's Q3 adjusted EBITDA was above consensus estimates and the company raised the low end of its FY25 revenue and adjusted EBITDA guidance, the analyst tells investors in a research note.
About CWST
Casella Waste Systems, Inc. is a regional, vertically integrated solid waste services company. The Company provides resource management and services to residential, commercial, municipal, institutional, and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services. It also holds collection operations across eastern Pennsylvania and western New Jersey. It manages its solid waste operations on a geographic basis through three regional operating segments: the Eastern, Western and Mid-Atlantic regions, each of which provides a comprehensive range of non-hazardous solid waste services. It manages its resource renewal operations through the Resource Solutions operating segment, which leverages its core competencies in materials processing, industrial recycling, organics and resource management service offerings to deliver comprehensive solutions for its commercial, municipal, institutional 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.
