Jefferies Rates Advanced Drainage Systems (WMS) buy

Jefferies maintains a bullish outlook on Advanced Drainage, setting a price target of $175, a 27.93% upside from the current price.

By EarningsIQ Research Desk · Published Jun 13, 2026, 2:07 AM EDT · Updated Jun 17, 2026, 5:00 AM EDT

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Jefferies rated Advanced Drainage Systems, Inc. ($WMS) "buy" with a $175 price target on June 11, 2026.

Since the rating, $WMS is up 8.9% after 1 week, up 9.3% after 1 month and down 4.9% to date (from the $134.86 close on Jun 11, 2026).

WMS Advanced Drainage Systems, Inc.

$128.20 -13.98% year to date

Daily close · Oct 16, 2026

Key Points

Jefferies reiterated its buy rating for Advanced Drainage Systems, Inc. on June 11, 2026, with a target price of $175.
The stock closed at $136.79 recently, indicating a significant upside potential based on Jefferies' target.
Advanced Drainage has a market cap of approximately $9.57 billion and is in the industrials sector.

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Jefferies Rates Advanced Drainage Systems

On June 11, 2026, Jefferies reiterated its buy rating for Advanced Drainage Systems, Inc. (WMS) with a price target of $175. The company's shares are currently trading at $136.79, suggesting that analysts see considerable room for growth from this level.

Analysts Set New Price Targets

Alongside Jefferies, several analysts maintain positive views on Advanced Drainage. RBC Capital recently maintained an Outperform rating, adjusting its target from $178 to $170 on October 14, 2026. Oppenheimer also holds an Outperform rating, lowering its target from $190 to $185 on October 9, 2026. Overall, Advanced Drainage has received various positive ratings, reflecting strong confidence in its future performance.

Stock Position

The stock trades below its 52-week high of $179.31, indicating that it could be undervalued compared to its past performance. The shares are also well above their 52-week low of $124.75, showing resilience in a competitive market. Jefferies' target price of $175 suggests a potential appreciation of about 28% from the current trading price.

12-month forecast

$WMS price target

Advanced Drainage Systems, Inc. daily closes and this analyst's $175 target. Not advice.

What Advanced Drainage Systems, Inc. Does

Advanced Drainage Systems, Inc. designs and manufactures products related to water management, specifically thermoplastic corrugated pipes. Headquartered in Hilliard, Ohio, the company services various sectors, including residential and infrastructure.

What's Next for Advanced Drainage Systems, Inc.

Investors will be looking forward to the company's next earnings report scheduled for November 5, 2026. Jefferies’ continued bullish stance, alongside other analysts, highlights strong potential for growth as the stock approaches its target price.