Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
WATERBRIDGE INFRASTRUCTURE LLC (WBI)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-11-05
$23.95-8.03%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-11-05
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.69 → 0.68 EPS · FY ending Dec 31, 2027 · 3 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 6, 2026 to Nov 5, 2026: (new ÷ prior − 1). Contributor count changed from 3 to 3; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for WBI yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Adjusted EBITDA at least $425 million in 2026 | WaterBridge Infrastructure aims to grow adjusted EBITDA to at least $425 million in 2026. | Intact | Adjusted EBITDA falls below $425 million in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
WBI is a growth and infrastructure expansion story tied to energy activity, with a sector tailwind and strong recent financial performance. Its long-term thesis is intact, but confidence is medium: guidance execution is on track, while recently announced acquisitions and environmental expansion still need to prove their contribution.
WBI trades at a durable premium to peers, and the valuation evidence points to an expensive stock with an expectations gap. The premium appears partly justified by the business setup rather than by a broad stack of weak fundamentals and turbulent conditions, but it leaves the thesis sensitive to missed guidance or weaker results.
Near-term, management has raised 2026 adjusted EBITDA guidance, and adjusted EBITDA improved from the first to the second quarter. The Ranger Water Midstream acquisition adds water handling capacity and pipelines, while the landfill expansion broadens the platform; both are new priorities with mixed execution evidence so far. Recent results have been strong, but the snapshot flags a meaningful risk of another miss, and a reversal of raised guidance would hurt management credibility.
Over the next several quarters, the thesis depends on WBI delivering against its raised guidance and turning acquisitions and capacity expansion into sustained operating gains. Energy sector bellwethers such as SLB, BKR, and HAL are important signals: continued strong results would support the sector backdrop, while misses or lower guidance could weaken it.
For a 1 to 3 year view, WBI combines improving fundamentals and expansion plans with an expensive valuation and meaningful execution and sector risks. The long-term thesis remains intact, but its strength depends on maintaining guidance credibility and delivering on the new growth priorities. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A supporting condition in WATERBRIDGE INFRASTRUCTURE LLC's published investment case. The stated target is >=0%. |
| Improving |
| Free cash flow yield remains negative over next 4 quarters |
Valuation inputs unavailable A completed valuation measurement is required. Date unavailableLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Net income improves to positive territory | Net income improved from a loss of $667K in 2025-Q3 to a profit of $3.5 million in 2026-Q1. | Improving | Net income remains negative over next 4 quarters | Net income: $5.534M FY2026-Q3; GAAP. Published target: >0 USD. Target period is not explicitly aligned with this observation. Nov 5, 20265,534,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth near 49% in 2026 | A supporting condition in WATERBRIDGE INFRASTRUCTURE LLC's published investment case. The stated target is >=48% YoY. | Broken | Revenue growth falls below 30% in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.74 → $0.68 · observed estimates
$1.06B → $1.09B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-07-25 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-07-26 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-07-27 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-07-28 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-07-29 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-07-30 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-07-31 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-08-01 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-02 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-03 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-08-04 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-05 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-06 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-08-08 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-09 | $1.34 | $1,078,141,880 | 4 / 4 |
| 2026-08-10 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-12 | $1.45 | $1,078,141,880 | 3 / 4 |
| 2026-08-13 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-14 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-15 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-16 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-17 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-18 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-19 | $0.74 | $1,062,353,977 | 2 / 3 |
| 2026-08-20 | $0.66 | $1,075,410,063 | 2 / 3 |
| 2026-08-21 | $0.66 | $1,079,961,063 | 2 / 3 |
| 2026-08-22 | $0.66 | $1,079,961,063 | 3 / 3 |
| 2026-08-23 | $0.66 | $1,079,961,063 | 3 / 3 |
| 2026-08-24 | $0.66 | $1,079,961,063 | 3 / 3 |
| 2026-08-25 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-08-26 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-08-27 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-08-28 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-08-29 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-08-30 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-08-31 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-01 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-02 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-03 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-04 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-05 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-06 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-07 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-08 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-09 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-10 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-11 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-12 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-13 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-14 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-15 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-16 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-17 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-18 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-19 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-20 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-21 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-22 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-23 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-24 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-25 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-26 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-27 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-28 | $0.67 | $1,085,246,778 | 3 / 3 |
| 2026-09-29 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-09-30 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-01 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-02 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-03 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-04 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-05 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-06 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-07 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-08 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-09 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-10 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-11 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-12 | $0.69 | $1,085,228,431 | 3 / 4 |
| 2026-10-13 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-14 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-15 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-16 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-17 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-18 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-19 | $0.69 | $1,088,613,931 | 3 / 4 |
| 2026-10-20 | $0.70 | $1,089,988,931 | 3 / 4 |
| 2026-10-21 | $0.70 | $1,089,988,931 | 3 / 4 |
| 2026-10-22 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-23 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-24 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-25 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-26 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-27 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-28 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-29 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-30 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-10-31 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-11-01 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-11-02 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-11-03 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-11-04 | $0.68 | $1,086,817,313 | 3 / 4 |
| 2026-11-05 | $0.68 | $1,086,817,313 | 3 / 4 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 7 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 7–Nov 5 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 7, 2026–Nov 5, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.