Waste Connections Inc saw a notable rise in its stock price, reflecting positive investor sentiment ahead of its upcoming earnings report.
Waste Connections Inc (WCN.TO) experienced a solid gain of 2.15% in yesterday's trading session, closing at CA$223.20. This increase comes as the market anticipates a favorable earnings report, which is expected to be released on October 21.
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Waste Connections Inc
WCN.TO
WCN.TO
Waste Connections Inc
WealthAwesomeMarket cap
$54.97B
P/E
38.2x
Div. yield
0.63%
Div. / share
$1.36
52W high
$249.31
52W low
$203.03
1W change
+0.87%
Beta
0.48
Analyst Price Targets
Based on analyst covering WCN · as of Oct 15, 2026
Wall Street analysts forecast WCN stock price to rise 22.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$274.27
+22.9% Upside
Previously C$263.60 on Oct 14, 2026
Current Price
C$223.20
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WCN's historical volatility
30-Day Vol
15.9%
Annualized
90-Day Vol
20.7%
Annualized
Trend (90d)
-31.3%
Annualized drift
90d Mean
C$199.61
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$215.04 | C$203.56 – C$227.17 |
| 60 trading days | C$207.18 | C$191.71 – C$223.90 |
| 90 trading days | C$199.61 | C$181.51 – C$219.51 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors are optimistic about Waste Connections due to its strong earnings growth potential and strategic acquisitions, positioning the company well in the expanding waste management market.
2.15% Gain in Stock Price
Waste Connections' stock price increase reflects growing investor confidence as it approaches a critical earnings release.
Bull case
The company is expected to report a year-over-year earnings increase of 5.6%. This positive outlook is supported by rising revenues and a strong growth forecast in the waste management sector, which is projected to grow at a 6% CAGR through 2033.
Bear case
Despite the optimistic outlook, some analysts are cautious. A negative Earnings ESP suggests there may be challenges in meeting consensus estimates, which could lead to volatility if the actual results fall short.
Positive Earnings Expectations
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Analysts anticipate that Waste Connections will report earnings of $1.52 per share for the quarter ending September 2026, marking a 5.6% increase from the previous year. This expectation is bolstered by a projected revenue increase to $2.61 billion, up 6% from last year.
Strategic Growth Initiatives
The company has been actively expanding through acquisitions and improving its operational efficiency. Recent buyouts have significantly contributed to revenue growth, and the implementation of AI-driven pricing strategies is expected to optimize yield and enhance profitability.
Market Sentiment and Future Outlook
As Waste Connections prepares for its earnings report, investor sentiment remains cautiously optimistic. While the stock's recent performance reflects confidence in its growth trajectory, the upcoming results will be critical in determining the stock's future direction.
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