Advanced Drainage Systems, Inc.

WMSNYSEIndustrialsBuilding Products & Equipment

$128.20- (-)1Y −8.81%

As of Oct 16, 2026 close

Market cap: $9.90B
P/E (TTM): 21.94
Forward P/E: 21.33
Dividend yield: 0.59%
52-week range: $122.84$179.32
Volume (live): -
Avg. volume (3M): 791.63K

Advanced Drainage Systems, Inc. (WMS) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Advanced Drainage Systems, Inc. stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Buy

Based on 9 unique analysts

(12 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$188.63

+47.14% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest WMS Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 13, 2026	Jeff Reive	RBC Capital	Maintains	Buy	$178.00 → $170.00 −8.00 (−4.5%)
Oct 9, 2026	Bryan Blair	Oppenheimer	Maintains	Buy	$190.00 → $185.00 −5.00 (−2.6%)
Oct 5, 2026	Garik Shmois	DA Davidson	Maintains	Buy	$190.00
Sep 22, 2026	James Ko	Jefferies	Maintains	Buy	$175.00
Sep 16, 2026	Nauman Khan	InvestorPlace	Initiates Coverage	Buy	-
Sep 15, 2026	Jeffrey Hammond	KeyBanc	Reiterates	Buy	$185.00
Aug 7, 2026	Matthew Bouley	Barclays	Maintains	Buy	$191.00
Aug 7, 2026	John Lovallo	UBS	Reiterates	Buy	$205.00 → $207.00 +2.00 (+1.0%)
Aug 7, 2026	Michael Halloran	Baird	Maintains	Buy	$191.00 → $206.00 +15.00 (+7.8%)
Aug 7, 2026	Bryan Blair	Oppenheimer	Reiterates	Buy	$190.00
Aug 7, 2026	Jeff Reive	RBC Capital	Maintains	Buy	$170.00 → $178.00 +8.00 (+4.7%)
Aug 6, 2026	Jeff Reive	RBC Capital	Maintains	Buy	$170.00 → $178.00 +8.00 (+4.7%)

Jeff Reive

RBC Capital

BuyMaintains

$178.00 → $170.00

Oct 13

Bryan Blair

Oppenheimer

BuyMaintains

$190.00 → $185.00

Oct 9

Garik Shmois

DA Davidson

BuyMaintains

$190.00

Oct 5

James Ko

Jefferies

BuyMaintains

$175.00

Sep 22

Nauman Khan

InvestorPlace

BuyInitiates Coverage

Sep 16

Jeffrey Hammond

KeyBanc

BuyReiterates

$185.00

Sep 15

Matthew Bouley

Barclays

BuyMaintains

$191.00

Aug 7

John Lovallo

UBS

BuyReiterates

$205.00 → $207.00

Aug 7

Michael Halloran

Baird

BuyMaintains

$191.00 → $206.00

Aug 7

Bryan Blair

Oppenheimer

BuyReiterates

$190.00

Aug 7

Jeff Reive

RBC Capital

BuyMaintains

$170.00 → $178.00

Aug 7

Jeff Reive

RBC Capital

BuyMaintains

$170.00 → $178.00

Aug 6

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 13, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for WMS?

The analyst consensus rating for WMS is Buy, based on the latest ratings from 9 analysts over the last 90 days.

What is the average price target for WMS?

The average 12-month price target for WMS is $188.63, representing an upside of 47.1% from the Oct 16, 2026 close of $128.20.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.