Stock Price & Analysis

Based on the analysis of Waste Connections (WCN) stock, here is the recommendation:

Hold WCN stock as it shows positive momentum with analyst upgrades, but be cautious due to negative insider sentiment.

Price Prediction for WCN Stock in 2025

The price target for Waste Connections (WCN) stock in 2025 is expected to reach $215, driven by strong analyst sentiment and favorable technical indicators. Analysts have raised their price targets, with Morgan Stanley setting a target of $219 and Truist at $210, reflecting confidence in the company's performance. Technical analysis shows the stock trading above key moving averages with a bullish MACD signal, supporting the positive outlook.

The S1 support level for WCN Stock is $188.29 ,The R1 resistant level for WCN Stock is $196.47.

As of the end of day on 2025-04-02, the price of WCN Stock was $195.48.

The target price for WCN Stock according to analyst rating is 206.27, with the highest price target at 219.00 and the lowest at 192.00. Analysts have a Strong Buy rating on WCN Stock overall.

The market cap of WCN is $50.7B.

Waste Connections (WCN) appears overvalued based on its high valuation metrics. Its P/E ratio of 79.48 and EV/EBITDA of 20.29 are significantly above industry averages, suggesting elevated valuations. The stock's price-to-sales ratio of 71.83 and price-to-book ratio of 18.21 further indicate a premium price. While analysts maintain a Buy rating with rising price targets, insider selling activity has increased, reflecting cautious sentiment. Despite strong margin expansion expectations, the current valuation may not justify further upside.

Waste Connections, Inc. is an integrated solid waste services company. It provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. Its segments include Western, Southern, Eastern, Central, Canada and MidSouth. It serves approximately nine million residential, commercial and industrial customers in secondary markets across 46 states in the U.S. and six provinces in Canada. It also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S. and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Its residential services include garbage pickup, yard waste, recycling, dumpster rental, bulk pickup, and portable toilets. Its commercial services include business waste collection, commercial recycling, shredding, roll off dumpster rental, and others.

Based on current trends and analyst projections, Waste Connections (WCN) stock could reach $250 by 2030, driven by strong revenue growth and solid waste sector resilience. Analysts have raised price targets, with Morgan Stanley recently setting a $219 target. The company's 16.4% FY25 revenue growth projection and defensive industry position further support long-term upside potential.

WCN has a total of 22539 employees.