Stifel cuts target to USD 113 for Veralto stock

Published on 10/20/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 7.5 percent to USD 1.47 billion. Veralto stock costs EUR 89.58 on October 20, 2026, at a USD 24.5 billion market value.

Targets and earnings dates

Stifel cut its Veralto target to USD 113 on October 19, 2026.
Second-quarter revenue increased 7.5 percent to USD 1.47 billion.
Veralto stock was trading at EUR 89.58 at 1:10 p.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter materials are scheduled for October 29, 2026, before the October 30 earnings call.

Veralto, US92338C1036, Illustration mit AI erstellt.

Veralto stock (ISIN US92338C1036) is the subject of a fresh target cut: Stifel analyst Nathan Jones reduced his target from USD 114 to USD 113 on October 19, 2026, while maintaining a Buy rating, according to Futu News. The adjustment keeps the analyst view constructive but puts the next earnings release at the center of the valuation debate.

Three recent signals for Veralto

Veralto's latest reported quarter ended July 3, 2026. Revenue reached USD 1.47 billion, up 7.5 percent from USD 1.37 billion a year earlier, while net profit increased to USD 241 million from USD 222 million, according to Markets Insider. The same report said RBC Capital maintained a Hold rating and a USD 109 target on October 13, 2026.

The chronology is clear. On July 28, 2026, Veralto reported USD 1.47 billion in quarterly revenue and USD 1.11 in earnings per share. On October 12, 2026, the company scheduled its third-quarter call for October 30. On October 19, 2026, Stifel cut its target from USD 114 to USD 113 while retaining its Buy rating.

What does the target cut change?

The immediate issue is not a reversal of Stifel's rating but a narrower valuation reference. MarketBeat listed a USD 112.70 average 12-month target from 10 analysts on October 15, 2026, alongside five Buy ratings, one Strong Buy and four Holds. UBS had raised its target from USD 104 to USD 106 on October 5, 2026, according to MarketBeat.

Next earnings dates are set

PR Newswire reported on October 12, 2026, that Veralto will post its third-quarter materials after the market close on October 29 and hold the earnings call on October 30 at 7:30 a.m. ET. For investors, the release will test whether the 7.5 percent second-quarter revenue growth rate and the company's full-year outlook remain intact.

Stock price and valuation context

Veralto's primary listing is on the NYSE, where the stock was last quoted at USD 100.47 on October 19, 2026, with a market capitalization of USD 24.5 billion. Its 52-week range was USD 80.03 to USD 105.75. In Germany, the stock was trading at EUR 89.58 at Lang & Schwarz on October 20, 2026 at 1:10 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Veralto stock.