STERIS Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, STERIS stock has a consensus rating of "Buy" and an average price target of $256.86. The average 1-year stock price forecast is 26.78% higher than the current stock price, while the lowest is $225 (+11.05%) and the highest is $280 (+38.20%).

Price Target: $256.86 (+26.78%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$225	$256.86	$269	$280
Change	+11.05%	+26.78%	+32.77%	+38.20%

* Price targets were last updated on May 13, 2026.

Analyst Ratings

The average analyst rating for STERIS stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	3	3	2	2	3	3
Hold	2	2	2	2	2	2
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brett Fishbin KeyBanc	KeyBanc	Buy Reiterates $291 → $269	Buy	Reiterates	$291 → $269	+32.77%	May 13, 2026
Jason Bednar Piper Sandler	Piper Sandler	Buy Maintains $300	Buy	Maintains	$300	+48.07%	May 12, 2026
Michael Matson Needham	Needham	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 12, 2026
Krishna Guha Maybank	Maybank	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jan 12, 2026

Financial Forecast

Revenue This Year

6.37B

from 5.94B

7.34%

from 5.94B

Revenue Next Year

6.77B

from 6.37B

6.32%

from 6.37B

EPS This Year

11.16

from 10.17

9.71%

from 10.17

EPS Next Year

12.18

from 11.16

9.16%

from 11.16

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	4.22B	4.54B	5.14B	5.46B	5.94B	6.37B
Revenue Growth	35.91%	7.41%	13.28%	6.24%	8.73%	7.34%
Gross Profit	1.88B	1.98B	2.24B	2.42B	2.63B	2.83B
Gross Margin	44.59%	43.66%	43.52%	44.31%	44.24%	44.43%
Operating Income	679.77M	811.97M	905.90M	988.20M	1.11B	1.52B
Net Income	243.89M	107.03M	378.20M	614.60M	782.30M	892.77M
EPS	-	-	-	-	10.17	11.16
EPS Growth	-	-	-	-	9.00%	9.71%
Forward PE	28.79	22.48	24.04	23.12	20.44	18.16
Dividend / Share	1.69	1.84	2.03	2.23	2.46	2.63
Dividend Growth	-	8.88%	10.33%	9.85%	10.31%	7.05%
Free Cash Flow	219.44M	296.02M	-220.11M	1.60B	837.29M	843.54M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2027	2028	2029
High	6.4B
Avg	6.4B
Low	6.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	7.7%
Avg	7.3%
Low	6.5%

EPS Forecast

EPS	2027	2028	2029
High	11.21
Avg	11.16
Low	11.08

EPS Growth

EPS Growth	2027	2028	2029
High	10.2%
Avg	9.7%
Low	8.9%