Rating Change
DA Davidson reiterated its Buy rating on Advanced Drainage Systems, Inc. (NYSE:WMS) on October 06, 2026.
reiterateNYSE:WMS
DA Davidson Reiterates Buy Rating on Advanced Drainage Systems, Inc. (WMS)
DA Davidson reiterated its Buy rating on Advanced Drainage Systems, Inc. (NYSE:WMS) on October 06, 2026.
At publication ·
What changed
Advanced Drainage Systems, Inc. (NYSE:WMS) · reiterate
- Firm
- DA Davidson
- Rating
- Buy to Buy
- Price at event
- $130.08
- Market capitalization
- $11.8B
At a glance
Key takeaways
- DA Davidson reiterated a Buy rating on Advanced Drainage Systems (WMS) on October 6, 2026, with the stock trading at $130.08.
Market Context
Advanced Drainage Systems, Inc. operates in the Industrials sector. The stock currently trades at $130.08 with a market capitalization of $11.8B. The stock has declined 10.3% over the past 52 weeks.
Analyst coverage from DA Davidson provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Advanced Drainage Systems, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Advanced Drainage Systems, Inc.
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 06, 2026 | DA Davidson | Buy | N/A |
| Sep 21, 2026 | Stephens & Co. | Overweight | N/A |
| Aug 25, 2026 | DA Davidson | Buy | N/A |
| Aug 07, 2026 | UBS | Buy | N/A |
| Aug 07, 2026 | RBC Capital | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View WMS Stock Page
Frequently Asked Questions
What does the Buy rating mean for WMS?
A rating of Buy from DA Davidson reflects the analyst's outlook on Advanced Drainage Systems, Inc. (NYSE:WMS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the WMS forecast page.