Waters Corporation (WAT)

Currency in USD
377.55
+0.42(+0.11%)
Real-time Data·
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Fair Value
Day's Range
373.15380.32
52 wk Range
275.05414.15
Key Statistics
Prev. Close
377.13
Open
379.47
Day's Range
373.15-380.32
52 wk Range
275.05-414.15
Volume
200.76K
Average Vol. (3m)
1.03M
1-Year Change
6.8699%
Book Value / Share
155.88
Fair Value
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Fair Value Upside
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WAT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
407.13
Upside
+7.83%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

Waters Corporation News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

16 Buy
9 Hold
0 Sell
Ratings:
25 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 407.13
(+7.83% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Morgan Stanley
Hold390.00+3.34%350.00MaintainJul 09, 2026
RBC Capital
Buy435.00+15.27%-New CoverageJul 08, 2026
Bernstein SocGen Group
Buy435.00+15.27%-New CoverageJun 25, 2026
Piper Sandler
Hold400.00+5.99%-New CoverageJun 11, 2026
HSBC
Buy435.00+15.27%415.00MaintainJun 03, 2026

Waters Corporation SWOT Analysis


Growth Catalysts
Biologics market's 10.3% CAGR through 2028 and GLP-1 treatments' 25%+ growth rate provide tailwinds for Waters' ambitious expansion strategy
Market Dynamics
Waters' expanded portfolio strengthens its competitive edge, with analysts noting a potential upside due to current valuation gap compared to industry peers
Financial Prospects
Projected free cash flow to double by 2027, with adjusted EBITDA margins exceeding 31% and potential for substantial borrowing capacity for future growth
Strategic Expansion
Waters Corporation's acquisition of BDX's Biosciences & Dx business positions it for significant growth in pharmaceutical and biotechnology manufacturing sectors
Read full SWOT analysis

Waters Corporation Earnings Call Summary for Q1/2026

  • Waters posted Q1 2026 EPS of $2.70, beating estimates of $2.31; revenue hit $1.27B vs. $1.20B forecast, driving 10.64% pre-market stock surge to $334.
  • Strong performance driven by successful integration of BD's Biosciences and Diagnostic Solutions acquisition; adjusted operating margin reached 23.6%.
  • CEO Udit Batra highlighted exceptional operational execution and strong positioning for continued growth trajectory and shareholder value delivery.
  • Company faces headwinds including GAAP diluted loss of $(0.87) per share from acquisition charges and Biosciences Division challenges in China market.
  • Management issued optimistic guidance expecting continued revenue and EPS growth, supported by upcoming product launches and strategic expansion initiatives.
Last Updated: 05/05/2026, 10:03 AM
Read Full Transcript
Waters investor slides for Q1/2026
Waters Q1 2026 slides
Last Update: May 05, 2026
See full investor slides

Earnings

Latest Release
May 05, 2026
EPS / Forecast
2.70 / 2.31
Revenue / Forecast
1.27B / 1.2B
EPS Revisions
Last 90 days

WAT Income Statement

Compare WAT to Peers and Sector

Metrics to compare
WAT
Peers
Sector
Relationship
P/E Ratio
82.4x25.4x−0.4x
PEG Ratio
−2.200.880.00
Price / Book
2.4x2.8x2.6x
Price / LTM Sales
9.8x2.1x3.0x
Upside (Analyst Target)
8.7%10.9%51.9%
Fair Value Upside
Unlock6.4%9.1%Unlock

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer goods, and healthcare products, as well as for life science research; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. In addition, the company offers MS technology, which is used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Its products are used by clinical, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company was founded in 1958 and is headquartered in Milford, Massachusetts.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
53.65M54.65%19.75B
Other Institutional Investors
44.57M45.35%16.41B
Public Companies & Retail Investors
0.000.00%0.00
Total
98.22M100.00%36.16B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.8.70%8,543,0143,144,940
Vanguard Capital Management, LLC6.50%6,378,7752,348,218

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FAQ

What Is the Waters (WAT) Stock Price Today?

The Waters stock price today is 377.55 USD.

What Stock Exchange Does Waters Trade On?

Waters is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Waters?

The stock symbol for Waters is "WAT."

What Is the Waters Market Cap?

As of today, Waters market cap is 37.04B USD.

What Is Waters's Earnings Per Share (TTM)?

The Waters EPS (TTM) is 6.89.

When Is the Next Waters Earnings Date?

Waters will release its next earnings report on Aug 04, 2026.

From a Technical Analysis Perspective, Is WAT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Waters Stock Split?

Waters has split 2 times.

How Many Employees Does Waters Have?

Waters has 7900 employees.

What is the current trading status of Waters (WAT)?

As of Jul 10, 2026, Waters (WAT) is trading at a price of 377.55 USD, with a previous close of 377.13 USD. The stock has fluctuated within a day range of 373.15 USD to 380.32 USD, while its 52-week range spans from 275.05 USD to 414.15 USD.

What Is Waters (WAT) Price Target According to Analysts?

The average 12-month price target for Waters is 407.13 USD, with a high estimate of 460 USD and a low estimate of 349 USD. 16 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +7.83% Upside potential.

What Is the WAT Premarket Price?

WAT's last pre-market stock price is 376.51 USD. The pre-market share volume is 160.00, and the stock has decreased by -0.62, or -0.16%.
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