Oppenheimer Increases Clean Harbors (NYSE:CLH) Price Target to $316.00

Key Points

• Oppenheimer raised its price target on Clean Harbors to $316 (from $310) and kept an "outperform" rating, implying roughly a 10.4% upside; the analyst consensus is a Moderate Buy with an average target near $317 and several firms (Needham, Truist, Citi) also lifting targets.
• Q1 results beat on EPS ($1.19 vs. $1.15) and management raised full-year adjusted EBITDA and adjusted free-cash-flow guidance, but revenue slightly missed expectations ($1.46B vs. ~$1.47B), contributing to an intraday pullback.
• Insider selling totaled about 13,597 shares (~$3.9M) last quarter, a potential sentiment headwind even as institutional investors own roughly 90% of the stock.

Clean Harbors (NYSE:CLH - Get Free Report) had its target price increased by Oppenheimer from $310.00 to $316.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an "outperform" rating on the business services provider's stock. Oppenheimer's target price would indicate a potential upside of 10.44% from the stock's current price.

Other analysts have also recently issued research reports about the stock. Truist Financial boosted their price objective on shares of Clean Harbors from $310.00 to $325.00 and gave the stock a "buy" rating in a research note on Monday, April 20th. Needham & Company LLC lifted their target price on Clean Harbors from $308.00 to $325.00 and gave the stock a "buy" rating in a report on Wednesday. BMO Capital Markets upped their price target on Clean Harbors from $290.00 to $310.00 and gave the company an "outperform" rating in a research report on Wednesday, February 18th. Zacks Research upgraded Clean Harbors from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 13th. Finally, Citigroup raised Clean Harbors from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $302.00 to $346.00 in a research note on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, Clean Harbors presently has a consensus rating of "Moderate Buy" and a consensus price target of $317.00.

Clean Harbors Trading Down 0.6%

Shares of CLH stock traded down $1.84 during mid-day trading on Thursday, reaching $286.14. 30,030 shares of the stock traded hands, compared to its average volume of 506,744. The stock's fifty day simple moving average is $294.80 and its two-hundred day simple moving average is $260.48. Clean Harbors has a 1-year low of $201.34 and a 1-year high of $316.98. The company has a quick ratio of 2.00, a current ratio of 2.33 and a debt-to-equity ratio of 1.01. The company has a market cap of $15.25 billion, a price-to-earnings ratio of 39.37 and a beta of 0.92.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, topping the consensus estimate of $1.15 by $0.04. Clean Harbors had a net margin of 6.48% and a return on equity of 14.47%. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period last year, the company earned $1.09 EPS. The firm's revenue was up 1.9% compared to the same quarter last year. On average, research analysts anticipate that Clean Harbors will post 8.25 EPS for the current fiscal year.

Insiders Place Their Bets

In other Clean Harbors news, EVP Brian P. Weber sold 4,683 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $293.39, for a total transaction of $1,373,945.37. Following the completion of the sale, the executive vice president owned 48,728 shares in the company, valued at approximately $14,296,307.92. The trade was a 8.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Marcy L. Reed sold 836 shares of the company's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $287.94, for a total transaction of $240,717.84. Following the transaction, the director owned 5,081 shares in the company, valued at approximately $1,463,023.14. The trade was a 14.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,597 shares of company stock worth $3,895,286 in the last quarter. Insiders own 5.00% of the company's stock.

Hedge Funds Weigh In On Clean Harbors

A number of hedge funds have recently added to or reduced their stakes in CLH. Elyxium Wealth LLC purchased a new stake in shares of Clean Harbors in the fourth quarter worth approximately $26,000. Quattro Advisors LLC purchased a new stake in Clean Harbors in the 4th quarter valued at $26,000. MidFirst Bank bought a new position in Clean Harbors during the 4th quarter valued at $28,000. Parkside Financial Bank & Trust lifted its stake in Clean Harbors by 205.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider's stock valued at $28,000 after acquiring an additional 80 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in Clean Harbors during the 3rd quarter worth $30,000. Institutional investors and hedge funds own 90.43% of the company's stock.

Trending Headlines about Clean Harbors

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Q1 results: CLH reported EPS of $1.19 vs. $1.15 consensus (y/y EPS up from $1.09) and management raised full-year adjusted EBITDA and adjusted free-cash-flow guidance — a clear positive on profitability and outlook. Clean Harbors Announces First-Quarter 2026 Financial Results
• Positive Sentiment: Analyst upgrade: Needham raised its price target to $325 and maintained a Buy rating, signaling additional upside from current levels and lending analyst support to the recovery thesis. Clean Harbors NYSE: CLH Price Target Raised to $325.00 at Needham & Company LLC
• Neutral Sentiment: Investor takeaways / commentary: Industry commentary argues the “quality growth” story remains intact despite the pullback, framing the recent dip as tactical/temporary rather than structural. Useful context for long-term investors. Clean Harbors: Why The Quality Growth Story Holds Despite The Dip
• Neutral Sentiment: Earnings materials: The full Q1 earnings call transcript and slide deck are available for investors who want details on segment performance, capex plans and guidance assumptions. Clean Harbors, Inc. (CLH) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Slight revenue miss and cash use: Revenue of $1.46B trailed Street expectations (~$1.47B) and Q1 consumed cash after heavy capex and strategic investments; this “good-but-not-good-enough” dynamic appears to have driven the intraday selloff. Clean Harbors falls as investors weigh slight revenue miss and cash-flow usage despite upbeat Q1 and higher outlook
• Negative Sentiment: Insider selling & positioning: Reports note meaningful insider sales and mixed institutional moves in recent quarters — a potential headwind for sentiment even as fundamentals improve. (See QuiverQuant coverage above for details.)

Clean Harbors Company Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.

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