Jefferies Rates Advanced Drainage Systems (WMS) buy
Jefferies has reiterated its buy rating for Advanced Drainage Systems, Inc. with a price target of $175, up from the current trading spot of $135, a 29.63% upside from the current price.
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Jefferies rated Advanced Drainage Systems, Inc. ($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.
Key Points
- On June 11, 2026, Jefferies reiterated its buy rating for Advanced Drainage Systems, Inc. (WMS) with a target price of $175.
- Jefferies's $175 price target implies 29.63% upside from Advanced Drainage Systems, Inc.'s ($WMS) current $135 share price.
- Shares of WMS are currently trading at $135, which is significantly below its 52-week high of $179.31, suggesting potential for growth.
- The overall analyst consensus on WMS remains strong, with a mean price target of $183.92 from 12 analysts.
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Jefferies Maintains Optimism on WMS
On June 11, 2026, Jefferies reiterated its buy rating for Advanced Drainage Systems, Inc. (WMS) on the NYSE, setting a price target of $175. This comes as the stock trades at $135, which is notably below its 52-week high of $179.31. Analyst James Ko emphasized the company's positive outlook as part of his continued support for the stock.
Comparing Wall Street Ratings
Jefferies' rating aligns with a broader positive sentiment for WMS among analysts. Notably, RBC Capital maintains an Outperform rating with a target of $170, while Oppenheimer has kept its Outperform rating but adjusted its target to $185. Meanwhile, DA Davidson also maintains a Buy rating with a target of $190, showing a consensus of optimism in the stock.
Stock Performance Context
WMS shares are currently trading near $135, which reflects a considerable distance from its peak of $179.31. Trading below both its 50-day moving average of $139.84 and its 200-day average of $146.54 could signal potential upward movement if market conditions improve. The stock is also considerably above its 52-week low of $124.75, indicating some resilience.
$WMS price target
Advanced Drainage Systems, Inc. daily closes and this analyst's $175 target. Not advice.
Recent Earnings
In its most recent earnings report, Advanced Drainage Systems posted revenues of approximately $3.22 billion, with a revenue growth of 20.6% year-over-year. The company reported an EPS of $5.87 and a net margin of approximately 14%. These strong financials are likely why analysts remain bullish on the stock's potential as it heads into its next earnings report scheduled for November 5, 2026.
What WMS Does
Advanced Drainage Systems, Inc. designs and manufactures thermoplastic pipes and related water management products. The company serves a wide range of sectors, including residential, non-residential, and infrastructure, which are essential for water drainage and management solutions.
What to Watch at WMS
Looking ahead, investors will keep an eye on the upcoming earnings report on November 5, 2026, which could provide further insights into the company's performance. With Jefferies' recent reaffirmation of a buy rating, all eyes will be on how the stock reacts to upcoming news and financial results.
Related Filing Alerts
Source: Jefferies's rating change on $WMS (Jun 11, 2026). Written by software, not financial advice. How we make alerts