What is WMB stock price target for 2026?

WallStSmart's 12-month price target for Williams Companies Inc is $64.53, representing 12.0% downside from the current price of $73.32.

What is WMB stock forecast?

Williams Companies Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

WMB

Williams Companies Inc

NYSE: WMB · ENERGY · OIL & GAS MIDSTREAM

$73.32

+0.38% today

Updated 2026-04-29

Market cap

$93.32B

P/E ratio

35.66

P/S ratio

7.89x

EPS (TTM)

$2.14

Dividend yield

2.73%

52W range

$55 – $76

Volume

6.2M

Market cap

$93.32B

P/E ratio

35.66

P/S ratio

7.89x

EPS (TTM)

$2.14

Dividend yield

2.73%

52W range

$55 – $76

Volume

6.2M

Williams Companies Inc (WMB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$73.32

Consensus

$76.06

+3.74%

2030 Target

$180.00

+145.50%

DCF

—

Current price

$73.32

Analyst consensus

$76.06

+3.74%

2030 Target

$180.00

+145.50%

Intrinsic (DCF)

—

18 analysts:

6 Buy4 Hold1 Sell

Management guidance

Williams Companies CEO Chad Zamarin indicated strong growth momentum driven by AI data center energy demand and contracted revenue backlog. Company guided FY2026 adjusted EBITDA of $8.05B-$8.35B (implying ~$12.6B-$13.0B revenue), with 'robust growth' projected through the analyst day presentation. Management is actively exploring upstream gas asset acquisitions to capitalize on hyperscaler AI power demand, signaling confidence in multi-year revenue expansion.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$295.20

$18.1B Rev × 20x P/S

Base case (2030)

$180.00

$18.1B Rev × 12x P/S

Bear case (2030)

$115.20

$18.1B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2029 (E)	2030 (E)
Revenue	$10.9B	$10.5B	$11.9B	$12.6B	$13.9B	$16.6B	$18.1B
Revenue growth	—	-3.7%	13.8%	6.9%	9.8%	9.2%	9.0%
EPS	$2.17	$1.92	$2.10	$2.33	$2.67	$3.42	$3.82
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$122.40	$136.80	$165.60	$180.00

Catalysts & risks

Growth catalysts

+ AI data center energy demand driving natural gas and power infrastructure capex

+ Contracted revenue backlog from Meta, Microsoft, and hyperscaler capex commitments

+ Potential upstream gas asset acquisitions to vertically integrate and capture higher margins

+ Analyst day (Feb 2026) demonstrated strong 2026-2030 growth visibility with multiple upgrades post-event

+ 5% dividend increase (Jan 2026) signals management confidence in cash flow growth

Key risks

- Natural gas price volatility could impact customer economics and capex commitment timing

- Regulatory risk on pipeline capacity expansion and FERC rate decisions affecting margins

- Execution risk on upstream M&A integration and capex intensity requirements

- Refinancing risk: high debt/equity ratio (2.31x) requires favorable capital markets

- Policy risk: energy transition could reduce long-term natural gas demand post-2030

Methodology

Williams Companies Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 18 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.