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)
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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
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52W High
Position in Range
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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.
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
BuyHoldSell
Price Target Range
$413.26
+8.9% upside
Low $349
—
High $460
Consensus
Current price
Wall Street Analyst Ratings
| Firm | Rating | Change | Action | Date |
|---|---|---|---|---|
| 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
| Quarter | Revenue | Rev YoY | Gross Profit | Op. Income | Net Income | Net YoY | Gross % | Op % | Net % |
|---|
Full Key Statistics
Valuation
| Market Cap | 37.26B |
| Enterprise Value | 42.40B |
| Trailing P/E | 48.22 |
| Forward P/E | 23.01 |
| PEG Ratio (5yr) | 1.66 |
| Price/Sales (ttm) | 9.88 |
| Price/Book (mrq) | 2.44 |
| EV/Revenue | 11.25 |
| EV/EBITDA | 37.35 |
Share Statistics
| Avg Vol (3m) | 1.01M |
| Shares Outstanding | 98.19M |
| Float | 98.00M |
| % Held by Insiders | 0.10% |
| % Held by Institutions | 100.00% |
| Short Ratio | 4.04 |
| Short % of Float | 3.73% |
Profitability
| Gross Margin | 55.15% |
| Operating Margin (ttm) | 2.84% |
| Profit Margin | 11.93% |
| 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 |
| EBITDA | 1.14B |
| 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 / Share | 155.78 |
| Operating CF (ttm) | 389.56M |
| Free Cash Flow (ttm) | -502.37M |
Trading & Dividends
| Beta (5Y) | 1.20 |
| 50-Day MA | 366.17 |
| 200-Day MA | 353.93 |
| Fwd Dividend Yield | N/A |
| Payout Ratio | 0.00% |
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
| Date | Insider | Role | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 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
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