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Waters Corp. (CH:WAZ)
:WAZ

Waters (WAZ) Price & Analysis

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WAZ Stock Chart & Stats

CHF344.10
CHF0.00(0.00%)
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Bulls Say, Bears Say

Bulls Say
Recurring Revenue ModelWaters combines high-value instrument placements with recurring consumables, software, and service revenue over the equipment’s life. Once customers standardize methods on its platforms, repeat purchases can deepen account retention, support revenue visibility, and make the installed base a durable competitive asset.
Raised Growth And Savings OutlookHigher full-year growth guidance alongside executed cost actions indicates improving operating momentum and management confidence. Product launches, revenue synergies, and planned savings can support earnings expansion over the next several quarters while creating capacity to reinvest in innovation and market share.
Strong Cash GenerationSubstantial operating and free cash flow gives Waters internal funding for product development, acquisitions, debt management, and shareholder returns. The sharp recent FCF growth strengthens financial flexibility and helps the company pursue strategic initiatives without relying entirely on external capital.
Bears Say
Profitability DeteriorationThe sharp decline in net, EBIT, and EBITDA margins shows that recent revenue growth has not translated proportionately into profit. If higher costs or unfavorable mix persist, weaker earnings conversion could limit reinvestment, reduce returns on capital, and make future growth less valuable.
China Market WeaknessBroad weakness across several China-related businesses creates a durable regional headwind for Waters’ growth and utilization. Continued pressure from diagnostic reimbursement constraints and weaker demand could delay recovery, weigh on reported results, and require additional commercial or operational resources.
Slower Instrument ReplacementA prolonged replacement cycle can defer high-value instrument purchases and reduce the pace at which customers adopt newer platforms. This limits near-term capital-equipment growth, may constrain the expansion of the consumables base, and increases reliance on service and recurring revenues.

Waters News

WAZ FAQ

What was Waters Corp.’s price range in the past 12 months?
Waters Corp. lowest stock price was CHF344.10 and its highest was CHF372.83 in the past 12 months.
    What is Waters Corp.’s market cap?
    Waters Corp.’s market cap is CHF36.43B.
      When is Waters Corp.’s upcoming earnings report date?
      Waters Corp.’s upcoming earnings report date is Nov 03, 2026 which is in 33 days.
        How were Waters Corp.’s earnings last quarter?
        Waters Corp. released its earnings results on Aug 04, 2026. The company reported CHF2.551 earnings per share for the quarter, beating the consensus estimate of CHF2.518 by CHF0.033.
          Is Waters Corp. overvalued?
          According to Wall Street analysts Waters Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Waters Corp. pay dividends?
            Waters Corp. does not currently pay dividends.
            What is Waters Corp.’s EPS estimate?
            Waters Corp.’s EPS estimate is 3.34.
              How many shares outstanding does Waters Corp. have?
              Currently, no data Available
              What happened to Waters Corp.’s price movement after its last earnings report?
              Waters Corp. reported an EPS of CHF2.551 in its last earnings report, beating expectations of CHF2.518. Following the earnings report the stock price went same N/A.
                Which hedge fund is a major shareholder of Waters Corp.?
                Currently, no hedge funds are holding shares in CH:WAZ
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Waters Corp.

                  Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.

                  Waters (WAZ) Earnings & Revenues

                  WAZ Company Deck

                  WAZ Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call conveys a strongly positive operational and financial momentum: revenue beats, multiple high-impact product launches, accelerating performance in the acquired BD businesses (mid-single-digit growth and improving quarter-to-quarter), completed cost actions with significant run-rate savings, and raised full-year guidance. Offsetting risks are notable but manageable in the near term — acquisition accounting produced a GAAP loss, FX and China/DRG-related headwinds pressured some reported results, and integration-related cash outflows and contract remediation remain work in progress. Taken together, the highlights (organic growth outperformance, raised guidance, product-driven replacement opportunities, and meaningful cost synergies) materially outweigh the lowlights, though execution in China, reagent contract remediation and FX remain watch points.View all CH:WAZ earnings summaries

                  WAZ Revenue Breakdown

                  34.81%34.81%19.95%34.13%7.70%3.41%
                  34.81% Waters instrument systems
                  19.95% Chemistry consumables
                  34.13% Waters service
                  7.70% TA instrument systems
                  3.41% TA service
                  tipranks

                  WAZ Stock 12 Month Forecast

                  Average Price Target

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