Waters Corporation

Waters Corporation

Waters Corporation (WAT) designs and manufactures laboratory analytical instruments — notably high-performance liquid chromatography and mass spectrometry systems — used to separate, identify and quantify chemical compounds. Its products, consumables and services serve pharmaceutical, biotech, chemical, food-safety and environmental laboratories worldwide. Revenue typically comprises capital equipment sales and recurring aftermarket consumables and service contracts, which can provide resilient cash flow but remain sensitive to capital spending cycles. Waters benefits from a strong installed base, long product lifecycles and regulatory-driven demand in drug development and quality control. Key considerations for investors include exposure to global pharmaceutical investment, competition from other instrument makers, currency and supply-chain risks, and the ongoing need for R&D. Market cap: $20.79B. This is general information for education, not personalised advice; values can rise or fall and past performance is not a guide.

Why It's Moving

Waters Corporation

Waters Stock Rebounds From 19% Selloff as Analysts Signal Strong Recovery Potential Amid Oversold Conditions

Waters shares have tumbled 19% over the past four weeks, triggering technical oversold signals that Wall Street analysts view as a buying opportunity. The company's strong 2025 execution—including 8% recurring revenue growth and 12% chemistry sales gains—combined with a transformative $17.5 billion merger with BD's diagnostics unit, has prompted analysts to revise earnings estimates higher and maintain confidence in a trend reversal.
Sentiment:
🐃Bullish
  • Analyst consensus targets $380 median price, implying 19% upside from current levels, with 11 Buy ratings versus zero Sells among 29 analysts covering the stock
  • Recent earnings showed 2025 sales climbed 7% to $3.165B with non-GAAP EPS hitting $13.13, while 2026 guidance projects revenue of $6.4–$6.5B—reflecting substantial contribution from the pending BD acquisition
  • The $17.5B merger with BD Biosciences & Diagnostic Solutions positions Waters to become a high-volume regulated testing leader, addressing a structurally growing diagnostics market

When is the next earnings date for Waters Corporation (WAT)?

Waters Corporation is estimated to announce its next earnings report between May 5 and May 8, 2026, covering the first quarter of 2026. The company has not yet officially confirmed the exact date, but this timeframe is based on historical earnings release patterns. Analysts are projecting an EPS of approximately $2.31 for this quarter. The earnings call will provide investors with financial results and management commentary on the company's operational performance.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Waters Corporation's stock with a target price of $372.85, indicating growth potential.

Above Average

Financial Health

Waters Corporation is performing well with strong revenue, profits, and cash flow generation.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

📈

Aftermarket Revenue Strength

Consumables and service contracts create steady recurring income that can stabilise revenue, though instrument orders remain cyclical and can vary.

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Pharma & Regulation Demand

Demand from drug development and regulatory testing supports long-term need for high-end instruments, but exposure to regulatory cycles and geographic shifts adds variability.

Innovation & Competition

Continued R&D keeps the product line competitive in high-precision analytics, yet heavy R&D spend and rival technologies present execution risks.

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