Why Advanced Drainage Systems, Inc. (WMS) stock moved
Advanced Drainage Systems, Inc. (WMS) shares fell 3.0% to $138.74 as of July 22, 2026, a moderate decline from the prior close of $143.04. BestStocks flagged the session as a major change for WMS. No single company-specific catalyst was confirmed during the move window. Below, we break down what changed for WMS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
WMS fell 3.0% to $138.74
WMS fell 3.0% in its latest session, moving from $143.04 to $138.74.
What it means for Advanced Drainage Systems, Inc. investors
For Advanced Drainage Systems, Inc. investors, the recent signals add up to a bearish shift. Weighing against that: Negative session, down 3.0%; Advanced Drainage Systems, Inc. (WMS) moved −3.06% from $147.55 to $143.04 on 2026-07-20. Wall Street's consensus price target sits at $187.00, implying +34.8% upside from $138.74. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality weak (0/100). With earnings roughly 15 days out, the next report is the most likely near-term test of the move.
WMS price reaction
WMS last traded at $138.74, down $4.30 (-3.01%) from the previous close of $143.04. The session traded on 0.8× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $138.74 and $156.96, and it currently sits about 0% of the way up that band.
Bullish and bearish analyst opinions on Advanced Drainage Systems, Inc. (WMS)
The consensus analyst price target on Advanced Drainage Systems, Inc. (WMS) is $187.00, 34.8% above the recent $138.74. Over the past 90 days analysts logged 1 upgrade, 5 maintains, and 0 downgrades. Here is how the bullish and bearish cases on WMS line up.
The bullish case
- Wall Street's consensus price target of $187.00 implies +34.8% upside from $138.74.
- The Street's most bullish target is $205.00 (+47.8%).
- 1 analyst upgrade in the past 90 days, most recently Stephens & Co. to Overweight (2026-05-27).
The bearish case
- Negative session, down 3.0%.
- Advanced Drainage Systems, Inc. (WMS) moved −3.06% from $147.55 to $143.04 on 2026-07-20.
- WMS moved -2.70% from $149.07 to $145.05 on 2026-07-08.
- WMS fell 2.59% intraday to $152.90, continuing a weakness that included a 5.2% pre-market drop on July 1 despite an earnings beat.
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 Jul 22, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for WMS
Frequently asked questions about WMS
Why did Advanced Drainage Systems, Inc. (WMS) stock move?
WMS fell 3.0% to $138.74. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did WMS stock fall?
WMS lost 3.01% ($4.30) versus the prior close of $143.04, last trading at $138.74 on 0.8× average volume.
When is Advanced Drainage Systems, Inc.'s next earnings date?
WMS's next earnings report is estimated for 2026-08-06 — about 15 days away.
What is the analyst price target for WMS?
The consensus analyst price target for WMS is $187.00, about 34.8% above the current $138.74. Over the past 90 days, analysts recorded 1 upgrade, 5 maintains, and 0 downgrades.
How BestStocks tracks WMS
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared WMS-specific materiality thresholds, triggering an evidence check. It draws on 7 tracked change events for WMS, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of July 22, 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.