Waste Management(US:WM) Jing Ji Guan Cha Wang·2026-02-11 22:51Financial Performance - The latest financial report for Waste Management (WM) was released on October 28, 2025, for the third quarter of fiscal year 2025, showing revenue of $18.891 billion, a year-on-year increase of 16.83%, but net profit of $1.967 billion, a year-on-year decline of 8.38% [1] - Investors should pay attention to the upcoming fourth quarter and full-year financial reports for 2025, typically disclosed between January and February of the following year, focusing on profit recovery and guidance for 2026 [1] Institutional Ratings - Goldman Sachs initiated coverage on WM on November 24, 2025, with a "Buy" rating and a target price of $256 [2] - JPMorgan maintained an "Overweight" rating on December 1, 2025, with a target price of $265 [3] - Scotiabank downgraded its rating to "In-Line" on January 21, 2026, with a target price of $250 [4] - The divergence in institutional ratings may impact short-term market sentiment, necessitating attention to any further adjustments from other institutions [5] Industry Policy and Environment - On January 1, 2026, the State Council of China released the "Comprehensive Solid Waste Management Action Plan," aiming for a comprehensive utilization of 4.5 billion tons of major solid waste by 2030 [6] - Although the policy directly targets the Chinese market, it may indirectly boost long-term demand in the global solid waste management industry, benefiting WM as a leading player in North America [6] Stock Performance - WM's stock closed at $229 on January 22, 2026, with a monthly increase of 4.23% and a year-to-date gain of 4.23% [7] - Trading volume reached $855 million on January 21, 2026, a 103.88% increase from the previous day, indicating a temporary rise in market activity [7] Future Development - Short-term focus should be on WM's next financial report for signs of profit recovery and changes in institutional ratings [8] - In the medium to long term, the impact of global solid waste management policies on industry demand should be monitored [8]