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GLOBAL RESEARCH ARCHIVE

Stevanato Group S.p.A.: Risk Reward Update

Published: 2026-08-05Institution: Morgan StanleyCompany / ticker: STVN.NPages: 9Original language: 英语

Research evidence excerpt

M

Update

August 5, 2026 02:59 AM GMT

Morgan Stanley & Co. LLC

Stevanato Group S.p.A. | North America

Kallum L Titchmarsh

Equity Analyst

Risk Reward Update

Stevanato Group S.p.A. (STVN.N, STVN UN)

What’s Changed

Stevanato Group S.p.A. (STVN.N)

From

To

Price Target

$19.00

$20.00

Bull Case

$25.00

$28.00

Base Case

$19.00

$20.00

Bear Case

$11.00

$12.00

Updated Components

EPS

Bull Base Bear Scenarios

Risk Reward for Stevanato Group S.p.A. (STVN.N) has been

updated

Life Science Tools & Diagnostics | United States of

America

Stock Rating

Industry View

Price target

Shr price, close (Aug 4, 2026)

52-Week Range

Fiscal Year Ending

EPS (€)**

Prior EPS (€)**

Equal-weight

In-Line

$20.00

$19.65

$27.99-12.92

12/25 12/26e 12/27e 12/28e

0.54

0.61

0.70

0.81

0.82

Unless otherwise noted, all metrics are based on Morgan Stanley ModelWare

framework

** = Based on consensus methodology

e = Morgan Stanley Research estimates

Reason for change

We updated our STVN following Q2 2026 earnings results. We increase our PT to

$20 from $19 prior, reflecting 13.5x 2027e EV/EBITDA.

Morgan Stanley does and seeks to do business with

companies covered in Morgan Stanley Research. As a result,

investors should be aware that the firm may have a conflict of

interest that could affect the objectivity of Morgan Stanley

Research. Investors should consider Morgan Stanley

Research as only a single factor in making their investment

decision.

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