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Waste Management, Inc. (NYSE: WM) Investment Insights

  • Oppenheimer sets a price target of $264 for WM, indicating a potential increase of 18.32%.
  • AlphaQuest LLC increases its investment in WM by 131.8%, showing strong confidence in the company's future performance.
  • WM's market capitalization stands at approximately $89.89 billion, highlighting its significant presence in the waste management industry.

Waste Management, Inc. (NYSE:WM) is a leading provider of comprehensive waste management services in North America. The company offers collection, transfer, recycling, and disposal services. It competes with other waste management companies like Republic Services and Waste Connections. On January 30, 2026, Oppenheimer set a price target of $264 for WM, suggesting a potential price increase of 18.32% from its current price of $223.13.

AlphaQuest LLC has shown strong confidence in WM by increasing its investment by 131.8% in the third quarter. The firm now holds 19,246 shares, valued at $4.25 million. This significant increase indicates a positive outlook on WM's future performance. Other firms, such as Cornercap Investment Counsel Inc. and Wealthfront Advisers LLC, have also adjusted their positions, reflecting a broader interest in the company's potential.

Despite the current stock price of $223.13, which reflects a decrease of 3.66% or $8.47, WM has experienced fluctuations during the trading day, with a low of $220.84 and a high of $231.67. Over the past year, the stock has reached a high of $242.58 and a low of $194.11. These fluctuations highlight the volatility in the stock market and the potential for future growth.

WM's market capitalization is approximately $89.89 billion, indicating its significant presence in the industry. The trading volume on the NYSE is 3,670,753 shares, showing active investor interest. As investment firms continue to adjust their positions, WM remains a key player in the waste management sector, with potential for growth as indicated by Oppenheimer's price target.