Why Casella Waste Systems, Inc. (CWST) stock moved
Updated Oct 29, 2026
Casella Waste Systems, Inc. (CWST) shares tumbled 5.5% to $88.53 as of October 29, 2026, a significant decline from the prior close of $93.71. BestStocks flagged the session as a major change for CWST. Below, we break down what changed for CWST, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
CWST fell 5.5% to $88.53
CWST tumbled 5.5% in its latest session, moving from $93.71 to $88.53.
ValuationLow confidence
Rel. volume
1.1×
Normal
Vs peers
—
No comparable peers
Market cap
$5.5B
NASDAQ Global Select
Analyst target
$102
+14.8% vs price
Price chart
Sep 28 – Oct 29
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Casella Waste Systems, Inc. investors
For Casella Waste Systems, Inc. investors, the recent signals add up to a bearish shift. Weighing against that: Material negative event; Sharp 5.5% decline — elevated risk. Wall Street's consensus price target sits at $101.67, implying +14.8% upside from $88.53. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality low (59/100). With earnings roughly 11 days out, the next report is the most likely near-term test of the move.
CWST price reaction
CWST last traded at $88.53, down $5.18 (-5.53%) from the previous close of $93.71. The session traded on 1.1× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $78.07 and $97.61, and it currently sits about 54% of the way up that band.
Bullish and bearish analyst opinions on Casella Waste Systems, Inc. (CWST)
The consensus analyst price target on Casella Waste Systems, Inc. (CWST) is $101.67, 14.8% above the recent $88.53. Over the past 90 days analysts logged 0 upgrades, 4 maintains, and 1 downgrade. Here is how the bullish and bearish cases on CWST line up.
▲ The bullish case
+Wall Street's consensus price target of $101.67 implies +14.8% upside from $88.53.
+The Street's most bullish target is $106.00 (+19.7%).
▼ The bearish case
−1 analyst downgrade in the past 90 days, most recently UBS to Neutral (2026-10-21).
−Material negative event.
−Sharp 5.5% decline — elevated risk.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Oct 29, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Casella Waste Systems, Inc. (CWST) moved +6.64% from $90.86 to $96.89 on 2026-10-22, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-10-20+7.5%
Casella Waste Systems, Inc. (CWST) moved +7.48% from $86.59 to $93.07 on October 20, 2026, after activist investment firm Jana Partners disclosed a new stake and called for operational improvements. At the 13D Monitor Active-Passive Investor Summit, Jana Partners' Managing Partner Scott Ostfeld highlighted CWST's strong regional market position in the Northeast, depressed valuation, and potential as a takeover target, urging the company to hire a performance improvement consultant to accelerate cost efficiencies and better integrate recent Mid-Atlantic acquisitions.
News2026-10-15+5.7%
Casella's strong earnings surprise track record and favorable metrics suggest likelihood of beating next quarter's estimates.
Material / Earnings2026-10-15+5.7%
Casella Waste Systems, Inc. (CWST) moved +4.42% from $82.84 to $86.50 on October 15, 2026. We checked news, earnings surprises, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, and the move appears to be technical.
Material / Earnings2026-10-14-4.0%
Casella Waste Systems, Inc. (CWST) moved -4.00% from $85.26 to $81.85 on October 14, 2026. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move occurred on elevated volume (2.2x the 5-day average), suggesting institutional trading activity, though the driver remains unclear.
News2026-10-13+0.1%
CWST scheduled Q3 2026 earnings release for November 9, 2026, after market close.
Casella Waste Systems surged 6.37% to $83.04 following a major permit expansion at its Hakes landfill in New York, which adds approximately 5.8 million cubic yards of capacity and extends the site's operational life by roughly 20 years, according to company announcements today. The expansion provides long-term visibility despite a planned North Country facility closure on December 31, 2026, and management confirmed full-year 2026 guidance remains intact. Volume of 440,577 shares is normal for this session point.
Filings2026-10-01-2.8%
Casella Waste Systems, Inc. (CWST) filed a new 8-K on October 1, 2026. The filing content was not disclosed in available records.
Upcoming catalysts & outlook
Next earnings
2026-11-09 (est.)
in 11 days
Earnings Release
2026-11-09
High impact
Thesis shift
Bearish Shift
bearish signal
Risk level
Low
from change events
Frequently asked questions about CWST
Why did Casella Waste Systems, Inc. (CWST) stock move?
CWST tumbled 5.5% to $88.53. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did CWST stock fall?
CWST lost 5.53% ($5.18) versus the prior close of $93.71, last trading at $88.53 on 1.1× average volume.
When is Casella Waste Systems, Inc.'s next earnings date?
CWST's next earnings report is estimated for 2026-11-09 — about 11 days away.
What is the analyst price target for CWST?
The consensus analyst price target for CWST is $101.67, about 14.8% above the current $88.53. Over the past 90 days, analysts recorded 0 upgrades, 4 maintains, and 1 downgrade.
How BestStocks tracks CWST
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared CWST-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for CWST, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 29, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
