STERIS plc (STE)
NYSE: STE · Real-Time Price · USD
228.40
-2.81 (-1.22%)
Jul 31, 2026, 4:00 PM EDT - Market closed

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 $252.57. The average 1-year stock price forecast is 10.58% higher than the current stock price, while the lowest is $225 (-1.49%) and the highest is $280 (+22.59%).

Price Target: $252.57 (+10.58%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$225$252.57$244$280
Change-1.49%+10.58%+6.83%+22.59%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy333333
Buy322333
Hold222222
Sell111000
Strong Sell000000
Total988888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Initiates
$275
BuyInitiates$275+20.40%Jul 28, 2026
KeyBanc
KeyBanc
Buy
Reiterates
$291$269
BuyReiterates$291$269+17.78%May 13, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$300
BuyMaintains$300+31.35%May 12, 2026
Needham
Needham
Hold
Maintains
n/a
HoldMaintainsn/an/aMay 12, 2026

Financial Forecast

Revenue This Year
6.37B
from 5.94B
Increased by 7.33%
Revenue Next Year
6.78B
from 6.37B
Increased by 6.38%
EPS This Year
11.16
from 10.17
Increased by 9.77%
EPS Next Year
12.21
from 11.16
Increased by 9.40%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
4.22B4.54B5.14B5.46B5.94B6.37B
Revenue Growth
35.91%7.41%13.28%6.24%8.73%7.33%
Gross Profit
1.88B1.98B2.24B2.42B2.63B2.83B
Gross Margin
44.59%43.66%43.52%44.31%44.24%44.42%
Operating Income
679.77M811.97M905.90M988.20M1.11B1.52B
Net Income
243.89M107.03M378.20M614.60M782.30M892.10M
EPS
----10.1711.16
EPS Growth
----9.00%9.77%
Forward PE
28.7922.4824.0423.1220.4420.46
Dividend / Share
1.691.842.032.232.462.61
Dividend Growth
-8.88%10.33%9.85%10.31%5.90%
Free Cash Flow
219.44M296.02M-220.11M1.60B837.29M843.54M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High6.4B
Avg6.4B
Low6.3B

Revenue Growth

Revenue Growth202720282029
High
7.7%
Avg
7.3%
Low
6.5%

EPS Forecast

EPS202720282029
High11.25
Avg11.16
Low11.08

EPS Growth

EPS Growth202720282029
High
10.7%
Avg
9.8%
Low
8.9%