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STE Stock Forecast: Steris plc Price Predictions for 2026

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$214.57

+2.22 (1.05%)

STE Stock Forecast 2026-2027

$214.57
Current Price
$21.06B
Market Cap
9 Ratings
Buy 6
Hold 2
Sell 1
Wall St Analyst Ratings

Distance to STE Price Targets

+39.8%
To High Target of $300.00
+36.6%
To Median Target of $293.00
+7.7%
To Low Target of $231.00

STE Price Momentum

-6.9%
1 Week Change
-13.6%
1 Month Change
-5.3%
1 Year Change
-15.4%
Year-to-Date Change
-20.4%
From 52W High of $269.44
+4.7%
From 52W Low of $204.90
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Latest STE Stock Price Targets & Analyst Predictions

Based on our analysis of 14 Wall Street analysts, STE has a bullish consensus with a median price target of $293.00 (ranging from $231.00 to $300.00). The overall analyst rating is Buy (7.8/10). Currently trading at $214.57, the median forecast implies a 36.6% upside. This outlook is supported by 6 Buy, 2 Hold, and 1 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

STE Analyst Ratings

6
Buy
2
Hold
1
Sell

STE Price Target Range

Low
$231.00
Average
$293.00
High
$300.00
Current: $214.57

Latest STE Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for STE.

Date Firm Analyst Rating Change Price Target
Aug 8, 2025 Morgan Stanley Patrick Wood Overweight Maintains $295.00
Jul 22, 2025 Keybanc Brett Fishbin Overweight Maintains $288.00
Jul 15, 2025 Morgan Stanley Patrick Wood Overweight Upgrade $276.00
May 29, 2025 Jefferies David Windley Hold Initiates $263.00
May 19, 2025 Morgan Stanley Patrick Wood Equal-Weight Maintains $260.00
May 16, 2025 JMP Securities David Turkaly Market Outperform Maintains $280.00
May 15, 2025 Stephens & Co. Steven Etoch Overweight Reiterates $250.00
May 12, 2025 Morgan Stanley Equal-Weight Maintains $N/A
Apr 10, 2025 JMP Securities David Turkaly Market Outperform Reiterates $265.00
Apr 7, 2025 Needham Mike Matson Hold Reiterates $N/A
Feb 6, 2025 Stephens & Co. Jacob Johnson Overweight Reiterates $240.00
Feb 6, 2025 JMP Securities Reni Benjamin Market Outperform Reiterates $265.00
Feb 3, 2025 Piper Sandler Jason Bednar Overweight Maintains $265.00
Nov 18, 2024 JMP Securities David Turkaly Market Outperform Reiterates $265.00
Nov 8, 2024 Needham Mike Matson Hold Reiterates $N/A
Nov 7, 2024 Stephens & Co. Jacob Johnson Overweight Reiterates $260.00
Oct 24, 2024 Piper Sandler Jason Bednar Overweight Upgrade $260.00
Sep 3, 2024 Keybanc Brett Fishbin Overweight Maintains $265.00
Aug 8, 2024 Needham Mike Matson Hold Reiterates $N/A
Aug 7, 2024 JMP Securities David Turkaly Market Outperform Reiterates $265.00

Steris plc (STE) Competitors

The following stocks are similar to STERIS based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Steris plc (STE) Financial Data

Steris plc has a market capitalization of $21.06B with a P/E ratio of 29.6x. The company generates $5.83B in trailing twelve-month revenue with a 12.1% profit margin.

Revenue growth is +9.2% quarter-over-quarter, while maintaining an operating margin of +18.5% and return on equity of +10.5%.

Valuation Metrics

Market Cap $21.06B
Enterprise Value $22.47B
P/E Ratio 29.6x
PEG Ratio 2.5x
Price/Sales 3.6x

Growth & Margins

Revenue Growth (YoY) +9.2%
Gross Margin +43.8%
Operating Margin +18.5%
Net Margin +12.1%
EPS Growth +11.2%

Financial Health

Cash/Price Ratio +2.0%
Current Ratio 2.5x
Debt/Equity 28.7x
ROE +10.5%
ROA +6.6%
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Steris plc logo

Steris plc (STE) Business Model

About Steris plc

What They Do

Provides medical equipment and infection prevention solutions.

Business Model

Steris plc generates revenue through a diverse range of products and services focused on infection prevention and sterilization. The company operates in several segments, including Healthcare Products, Life Sciences, and Applied Sterilization Technologies, catering to various customers such as hospitals and pharmaceutical manufacturers.

Additional Information

With a robust presence in the U.S. market and expanding internationally, Steris plc is committed to enhancing healthcare safety and efficiency. The company's comprehensive offerings include not just equipment, but also vital healthcare services like installation, maintenance, and consulting, establishing it as a key player in the healthcare sector.

Company Information

Sector

Healthcare

Industry

Medical Devices

Employees

17,787

CEO

Mr. Daniel A. Carestio

Country

United States

IPO Year

1992

Steris plc (STE) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Steris (STE) Down 2.2% Since Last Earnings Report: Can It Rebound?

Steris (STE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Mar 06, 2026 By Zacks Equity Research Realtime BLOG

Latest News

STE stock latest news image
Quick Summary

Steris (STE) reported earnings 30 days ago. Investors should monitor upcoming developments and market reactions for potential impacts on the stock.

Why It Matters

Upcoming earnings reports can significantly affect stock prices. Investors will be closely watching Steris for performance indicators and guidance that could impact future valuations.

Source: Zacks Investment Research
Market Sentiment: Negative
STE stock latest news image
Quick Summary

Steris (STE) shows notable international revenue trends, influencing Wall Street forecasts and future stock performance. Investors should monitor these developments closely.

Why It Matters

Steris' international revenue trends directly influence earnings forecasts and growth potential, affecting stock valuation and investor sentiment on Wall Street.

Source: Zacks Investment Research
Market Sentiment: Neutral
STE stock latest news image
Quick Summary

STERIS reported 8% organic revenue growth but faces margin pressure from tariffs, increasing guidance by $10 million. Stricter EtO regulations may boost outsourcing to its facilities.

Why It Matters

STERIS's strong revenue growth and unique sterilization networks position it well amid regulatory changes, while increasing tariffs may impact margins, affecting overall profitability.

Source: Seeking Alpha
Market Sentiment: Positive
STE stock latest news image
Quick Summary

STERIS plc (STE) held its Q3 2026 earnings call, discussing financial performance and outlook. Further details on revenue and guidance were provided during the call.

Why It Matters

The STERIS plc Q3 2026 earnings call indicates financial performance and future guidance, impacting stock valuation and investor sentiment on growth prospects.

Source: Seeking Alpha
Market Sentiment: Neutral
STE stock latest news image
Quick Summary

STERIS plc reported a 9% revenue increase to $1.5 billion for Q3 fiscal 2026, with EPS from continuing operations rising to $1.96 and adjusted EPS to $2.53. Fiscal 2026 outlook maintained.

Why It Matters

Strong revenue growth and increased earnings per share indicate STERIS's solid performance, reassuring investors about the company's stability and growth potential.

Source: GlobeNewsWire
Market Sentiment: Neutral
STE stock latest news image
Quick Summary

Steris (STE) reported quarterly earnings of $2.53 per share, matching the Zacks Consensus Estimate and up from $2.32 per share in the same quarter last year.

Why It Matters

Steris' earnings meeting expectations and showing year-over-year growth indicates financial stability and potential for continued performance, impacting investor confidence and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About STE Stock

What is Steris plc's (STE) stock forecast for 2026?

Based on our analysis of 14 Wall Street analysts, Steris plc (STE) has a median price target of $293.00. The highest price target is $300.00 and the lowest is $231.00.

Is STE stock a good investment in 2026?

According to current analyst ratings, STE has 6 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $214.57. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for STE stock?

Wall Street analysts predict STE stock could reach $293.00 in the next 12 months. This represents a 36.6% increase from the current price of $214.57. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Steris plc's business model?

Steris plc generates revenue through a diverse range of products and services focused on infection prevention and sterilization. The company operates in several segments, including Healthcare Products, Life Sciences, and Applied Sterilization Technologies, catering to various customers such as hospitals and pharmaceutical manufacturers.

What is the highest forecasted price for STE Steris plc?

The highest price target for STE is $300.00 from at , which represents a 39.8% increase from the current price of $214.57.

What is the lowest forecasted price for STE Steris plc?

The lowest price target for STE is $231.00 from at , which represents a 7.7% increase from the current price of $214.57.

What is the overall STE consensus from analysts for Steris plc?

The overall analyst consensus for STE is bullish. Out of 14 Wall Street analysts, 6 rate it as Buy, 2 as Hold, and 1 as Sell, with a median price target of $293.00.

How accurate are STE stock price projections?

Stock price projections, including those for Steris plc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 15, 2026 8:25 AM UTC
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