Should I Buy STE? STE 2026 Analysis

Should You Buy STERIS plc (STE) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

259.910

1 Day change

-0.36%

52 Week Range

269.440

Analysis Updated At

2026/01/26

STERIS plc (STE) is not a strong buy at this moment for a beginner, long-term investor with $50,000-$100,000 available for investment. While the company has shown strong financial performance in its latest quarter, the technical indicators and trading sentiment do not currently favor an immediate entry point. Additionally, insider selling and lack of significant positive catalysts suggest waiting for a better opportunity.

Technical Analysis

The stock's MACD is negative and expanding, indicating bearish momentum. RSI is neutral at 45.217, showing no clear overbought or oversold condition. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), but the stock is trading below the pivot level of 261.264, with key support at 254.804 and resistance at 267.723.

Options Data

Bearish

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

The high Option Volume Put-Call Ratio (2.33) indicates bearish sentiment, as more puts are being traded compared to calls.

Technical Summary

Sell

Buy

Positive Catalysts

Strong financial performance in Q2 FY2026, with revenue up 9.89% YoY, net income up 27.90% YoY, and EPS up 29.14% YoY.
Upcoming Q3 FY2026 earnings call on February 5, 2026, which could provide further insights into the company's performance.

Neutral/Negative Catalysts

Insider selling has increased significantly (17029.80% over the last month), which may indicate a lack of confidence from within the company.
Bearish sentiment in options trading and no significant hedge fund activity.
Technical indicators show bearish momentum with the MACD below zero and negatively expanding.

Financial Performance

In Q2 FY2026, STERIS plc reported strong financial growth: Revenue increased by 9.89% YoY to $1.46 billion, net income rose by 27.90% YoY to $191.9 million, EPS grew by 29.14% YoY to $1.95, and gross margin improved by 1.56% YoY to 44.23%.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analyst ratings are neutral, with Morgan Stanley and JPMorgan maintaining Equal Weight and Neutral ratings, respectively, while slightly raising their price targets. There is no strong bullish sentiment from analysts at this time.

Analyst Rating

Wall Street analysts forecast STE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STE is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold

Sell

Current: 260.860

Low

Averages

High

Current: 260.860

Low

Averages

High

Morgan Stanley

Ioannis Masvoulas

Equal Weight

maintain

AI Analysis

2026-01-08

Reason

Morgan Stanley

Ioannis Masvoulas

Price Target

AI Analysis

2026-01-08

maintain

Equal Weight

Reason

Morgan Stanley analyst Ioannis Masvoulas raised the firm's price target on Stora Enso to EUR 10.90 from EUR 10.70 and keeps an Equal Weight rating on the shares.

JPMorgan

Neutral

maintain

2025-12-05

Reason

JPMorgan

Price Target

2025-12-05

maintain

Neutral

Reason

JPMorgan raised the firm's price target on Stora Enso to EUR 10.50 from EUR 9.20 and keeps a Neutral rating on the shares.

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STE Should I Buy

STE Should I Buy

Should You Buy STERIS plc (STE) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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