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WAT

Waters Corporation

WAT

NYSE·Healthcare·Medical - Diagnostics & Research·Mkt cap $30.6B

$409.38

-1.01%

P/E

102.09

Mkt Cap

$30.6B

52-Wk Range

$282.77–$426.22

52-Week Range

$282.77 - $426.22

P/E

102.09

Fwd P/E

28.09

Beta

1.19

Div Yield

0.00%

Avg Vol

939.5K

Shares Out

59.5M

Mkt Cap

$30.6B

Price action

Price chart

Up 32.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Advanced proprietary technologies
  • Comprehensive analytical workflow solutions
  • Broad global customer base
  • Strong research and development capabilities

Bear Case

1 risk

  • Average volatility.

Growth

Strong growth ahead

Increasing pharmaceutical research spending

Value

Fairly valued vs Life Sciences Tools peers

Momentum

Strong

+12.7% over 3m

Quality

Strong

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of $3.05 vs $3.01 consensus (+1.3% surprise). Revenue of $1.6B vs $1.6B expected (+1.4%). Beat on both top and bottom lines.

EPS beat +1.3%
Rev beat +1.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+1.3%

Revenue trend · last 8Q

+6%

+4%

+9%

+8%

+7%

+91%

+113%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$740.3M

$872.7M

$661.7M

$771.3M

$799.9M

$932.4M

$1.3B

$1.6B

Margins · last 8Q

Gross

44.6%

Operating

-5.2%

Profit

-8.3%

Wall Street consensus

12 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

8

67%

Hold

4

33%

Sell

0%

Median Price Target

Latest: Piper Sandler · Aug 27, 2026

vs Industry

How WAT stacks vs Medical - Diagnostics & Research

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.