WAT · Waters Corporation
Healthcare NYQ United States waters.com ↗
BULLISH BUY
Val Gro Qua Mom Sta Cap P/S9.88 P/E Fwd P/E23.01 PEG1.66 52W –  RSI Target$413.26 (+8.9%) Beta1.20 Div
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RSI (14)
Pattern Overlays
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Diagnostics & Research Milford, United States 16,000 employees
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.
52-Week Range
52W Low 52W High
Position in Range
RSI (14)
0 · Oversold RSI 55 Overbought · 100
Signal Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
4Bullish
0Bearish
0Neutral
▲ Bull Flag — Breakout after +11% pole — bullish continuation
▲ Double Bottom — Two lows ~$287.82 — bullish reversal confirmed
▲ Bull Flag — Breakout after +9% pole — bullish continuation
▲ Double Bottom — Two lows ~$348.49 — bullish reversal confirmed

View overlays on the price chart via Chart tab → Pattern Overlays.

Next Earnings Aug 04, 2026
Beat Rate 100%
Consensus BUY
Analyst Upside +8.9%
EPS — History & Forecast
Estimate Beat Miss Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
100% 8/8 quarters
Wall Street Consensus
BUY
16
8
BuyHoldSell
Price Target Range
$413.26 +8.9% upside
Low $349 High $460
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
Goldman Sachs Buy ↔ Maintain 2026-07-14
Morgan Stanley Equal-Weight ↔ Maintain 2026-07-09
RBC Capital Outperform ● Initiate 2026-07-09
Guggenheim Buy ↔ Reiterate 2026-07-08
Evercore ISI Group Outperform ↔ Maintain 2026-07-06
Piper Sandler Neutral ● Initiate 2026-06-11
HSBC Buy ↔ Maintain 2026-06-03
B of A Securities Neutral ↔ Maintain 2026-06-02
Wells Fargo Equal-Weight ↔ Maintain 2026-05-14
Barclays Overweight ↔ Maintain 2026-05-07
UBS Neutral ↔ Maintain 2026-05-06
JP Morgan Neutral ↔ Maintain 2026-05-06
TD Cowen Hold ↔ Maintain 2026-05-06
Deutsche Bank Hold ↔ Maintain 2026-03-25
William Blair Outperform ● Initiate 2026-01-05
Wolfe Research Outperform Peer Perform Outperform ▲ Upgrade 2025-12-10
Goldman Sachs 2026-07-14
Buy ↔ Maintain
Morgan Stanley 2026-07-09
Equal-Weight ↔ Maintain
RBC Capital 2026-07-09
Outperform ● Initiate
Guggenheim 2026-07-08
Buy ↔ Reiterate
Evercore ISI Group 2026-07-06
Outperform ↔ Maintain
Piper Sandler 2026-06-11
Neutral ● Initiate
HSBC 2026-06-03
Buy ↔ Maintain
B of A Securities 2026-06-02
Neutral ↔ Maintain
Wells Fargo 2026-05-14
Equal-Weight ↔ Maintain
Barclays 2026-05-07
Overweight ↔ Maintain
UBS 2026-05-06
Neutral ↔ Maintain
JP Morgan 2026-05-06
Neutral ↔ Maintain
TD Cowen 2026-05-06
Hold ↔ Maintain
Deutsche Bank 2026-03-25
Hold ↔ Maintain
William Blair 2026-01-05
Outperform ● Initiate
Wolfe Research 2025-12-10
Outperform (from Peer Perform) ▲ Upgrade
Profitability
Gross Margin 55.15%TTM
Op. Margin 2.84%TTM
ROE 5.21%TTM
Rev. Growth 91.40%YoY
Free Cash Flow -502.37MTTM
FCF Yield TTM
Balance Sheet
Debt / Equity 36.63MRQ
Current Ratio 1.79MRQ
Cash 462.00MMRQ
Total Debt 5.60BMRQ
Net Debt MRQ
How WAT Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap37.26B
Enterprise Value42.40B
Trailing P/E48.22
Forward P/E23.01
PEG Ratio (5yr)1.66
Price/Sales (ttm)9.88
Price/Book (mrq)2.44
EV/Revenue11.25
EV/EBITDA37.35
Share Statistics
Avg Vol (3m)1.01M
Shares Outstanding98.19M
Float98.00M
% Held by Insiders0.10%
% Held by Institutions100.00%
Short Ratio4.04
Short % of Float3.73%
Profitability
Gross Margin55.15%
Operating Margin (ttm)2.84%
Profit Margin11.93%
Return on Assets (ttm)3.31%
Return on Equity (ttm)5.21%
Income Statement
Revenue (ttm)3.77B
Revenue Growth (yoy)91.40%
Gross Profit (ttm)2.08B
EBITDA1.14B
Net Income (ttm)449.63M
Diluted EPS (ttm)7.87
EPS Growth (yoy)N/A
Balance Sheet
Total Cash (mrq)462.00M
Total Debt (mrq)5.60B
Debt / Equity (mrq)36.63
Current Ratio (mrq)1.79
Book Value / Share155.78
Operating CF (ttm)389.56M
Free Cash Flow (ttm)-502.37M
Trading & Dividends
Beta (5Y)1.20
50-Day MA366.17
200-Day MA353.93
Fwd Dividend YieldN/A
Payout Ratio0.00%
Ownership Breakdown
Institutional 100.00% Insider 0.10%
Short Interest 3.73% of float
Moderate
Institutional 13F Holdings

Famous investors who disclosed a position in WAT in their latest SEC 13F filing.

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Insider Transactions
DateInsiderRoleTransactionSharesValue
2026-06-30 KNIGHT HEATHER Director Stock Award(Grant) at price 0.00 per share. 63
2026-06-30 JIANG WEI Director Stock Award(Grant) at price 0.00 per share. 67
2026-03-31 JIANG WEI Director Stock Award(Grant) at price 0.00 per share. 64
2026-03-31 KNIGHT HEATHER Director Stock Award(Grant) at price 0.00 per share. 68
2026-03-16 JIANG WEI Director Purchase at price 289.46 per share. 500 $144,730
2026-03-06 FEARON RICHARD H Director Purchase at price 306.34 per share. 1,000 $306,340
2026-02-25 FEARON RICHARD H Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 JIANG WEI Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 KNIGHT HEATHER Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 CARPIO ROBERT L III Officer Stock Award(Grant) at price 0.00 per share. 997
2026-02-25 BATRA UDIT Chief Executive Officer Stock Award(Grant) at price 0.00 per share. 5,165
2026-02-25 HUANG PEARL S. Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 BENNETT JIANQING Officer Stock Award(Grant) at price 0.00 per share. 986
2026-02-25 BRENNAN DANIEL J Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 ORNSKOV FLEMMING Director Stock Award(Grant) at price 0.00 per share. 336
2026-02-25 CHAUBAL AMOL Chief Financial Officer Stock Award(Grant) at price 0.00 per share. 1,455
2026-02-25 BADDOUR LINDA Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 FRASER CLAIRE Director Stock Award(Grant) at price 0.00 per share. 358
2026-02-25 VERGNANO MARK P Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-25 KUEBLER CHRISTOPHER A Director Stock Award(Grant) at price 0.00 per share. 23
2026-02-04 BATRA UDIT Chief Executive Officer Stock Award(Grant) at price 0.00 per share. 7,066
2026-02-04 BENNETT JIANQING Officer Stock Award(Grant) at price 0.00 per share. 1,385
2026-02-04 CHAUBAL AMOL Chief Financial Officer Stock Award(Grant) at price 0.00 per share. 1,884
2026-01-02 FEARON RICHARD H Director Stock Award(Grant) at price 0.00 per share. 307
2026-01-02 JIANG WEI Director Stock Award(Grant) at price 0.00 per share. 366
KNIGHT HEATHER Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 63 sh
JIANG WEI Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 67 sh
JIANG WEI Director
Stock Award(Grant) at price 0.00 per share.
2026-03-31 64 sh
KNIGHT HEATHER Director
Stock Award(Grant) at price 0.00 per share.
2026-03-31 68 sh
JIANG WEI Director
Purchase at price 289.46 per share.
2026-03-16 500 sh $144,730
FEARON RICHARD H Director
Purchase at price 306.34 per share.
2026-03-06 1,000 sh $306,340
FEARON RICHARD H Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
JIANG WEI Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
KNIGHT HEATHER Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
CARPIO ROBERT L III Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-25 997 sh
BATRA UDIT Chief Executive Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-25 5,165 sh
HUANG PEARL S. Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
BENNETT JIANQING Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-25 986 sh
BRENNAN DANIEL J Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
ORNSKOV FLEMMING Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 336 sh
CHAUBAL AMOL Chief Financial Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-25 1,455 sh
BADDOUR LINDA Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
FRASER CLAIRE Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 358 sh
VERGNANO MARK P Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
KUEBLER CHRISTOPHER A Director
Stock Award(Grant) at price 0.00 per share.
2026-02-25 23 sh
BATRA UDIT Chief Executive Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-04 7,066 sh
BENNETT JIANQING Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-04 1,385 sh
CHAUBAL AMOL Chief Financial Officer
Stock Award(Grant) at price 0.00 per share.
2026-02-04 1,884 sh
FEARON RICHARD H Director
Stock Award(Grant) at price 0.00 per share.
2026-01-02 307 sh
JIANG WEI Director
Stock Award(Grant) at price 0.00 per share.
2026-01-02 366 sh