Waterbridge Infrastructure LLC Class A, the Utilities sector company, was revisited by a Wall Street analyst today. Analyst Robert Kad from Morgan Stanley maintained a Hold rating on the stock and has a $32.00 price target.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Robert Kad has given his Hold rating due to a combination of factors influencing Waterbridge Infrastructure LLC’s current performance and future prospects. The company reported a strong adjusted EBITDA for the third quarter of 2025, with a notable increase in water handling volumes, particularly from the East Stateline and the bpx Kraken pipeline project. Despite these positive results, the company maintained its full-year adjusted EBITDA guidance, which aligns closely with consensus estimates, suggesting limited upside potential in the near term.
Additionally, Waterbridge Infrastructure LLC received credit ratings of BB- from S&P Global and Fitch, and Ba3 from Moody’s, indicating a moderate credit risk. The commencement of the Speedway pipeline project, with significant capital expenditures, also adds a layer of financial commitment that may impact future cash flows. These factors combined suggest a balanced risk-reward scenario, justifying the Hold rating as the company navigates its current projects and financial commitments.
According to TipRanks, Kad is a 4-star analyst with an average return of 8.0% and a 58.70% success rate. Kad covers the Energy sector, focusing on stocks such as Targa Resources, Williams Co, and Oneok.