Analyst Consensus ?
ConsensusBuy15 ratings
Bullish1280.0%
Neutral213.3%
Bearish16.7%
West Pharmaceutical Services, Inc. · WST · FY2025 Q2 · Calendar Q3 2025
WST raises FY2025 outlook as HVP and GLP-1 demand strengthen
The quarter supports a constructive operating thesis: resilient HVP and GLP-1 demand, favorable mix, and capacity investment are supporting growth and a higher outlook. The thesis depends on converting capacity projects while containing destocking, labor, tariff, and automation risks.
Reported Before market openNYSEHealthcare
$25.76B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.84
Consensus $1.51
EPS surprise
+21.9%
Reported versus consensus
Reported revenue
$766.2M
Consensus $726.1M
Revenue surprise
+5.5%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+22.8%
Event window
SPY move
+0.0%
Same window
Abnormal move
+22.8%
Stock minus SPY
Volume
3.9×
Versus trailing sessions
Subsequent drift
-13.1%
Up to 20 sessions
WSTSPY benchmark
Ask FN2 about WST FY2025 Q2
Transcript, numbers and history already loaded
Why did WST rise 22.8% after beating EPS estimates in FY2025 Q2?What changed in WST's guidance and outlook in FY2025 Q2?Give me the bull and bear case for WST after FY2025 Q2 earnings.
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Transcript intelligence
What changed
Compared with the prior quarter, Q2 growth was stronger, full-year revenue and adjusted EPS guidance were raised again, HVP growth expectations increased, and capex was described as returning to normal levels to support capacity and network upgrades.
Guidance delta
Management raised FY2025 revenue guidance to $3.04-$3.06 billion and adjusted EPS guidance to $6.65-$6.85; tariff headwinds were reduced to $15-$20 million.
Key takeaways
- Q2 net sales increased 9.2%, including 6.8% organic growth, driven by HVP components and GLP-1 elastomer demand.
- Management reported margin expansion and raised full-year revenue and adjusted EPS guidance.
- HVP organic growth is expected in the mid- to high-single digits for the year.
- Capacity expansion, SmartDose automation, and Dublin contract manufacturing are the main execution priorities.
Management priorities
- Hire and train staff at the constrained European HVP plant.
- Commission the automated SmartDose line in early 2026.
- Ramp Dublin contract manufacturing for auto-injectors and pens.
- Continue Annex-1 upgrades, HVP capacity expansion, and network optimization.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$366Current
$295Low
$372Average
$447High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 10, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Barclays | Overweight | Overweight | Maintain | Oct 7, 2026 |
| Morgan Stanley | Overweight | Equal Weight | Upgrade | Sep 22, 2026 |
| UBS | Buy | Buy | Maintain | Sep 9, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 3, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Jul 27, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Jul 2, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | Jun 2, 2026 |
| B of A Securities | Buy | Buy | Maintain | Dec 13, 2024 |
| Jefferies | Buy | Hold | Upgrade | Feb 7, 2024 |
| Deutsche Bank | Hold | Hold | Maintain | Dec 14, 2022 |
| Bank of America | Underperform | Neutral | Downgrade | Dec 12, 2019 |
| William Blair | Outperform | Outperform | Maintain | Apr 23, 2019 |
| Goldman Sachs | Neutral | Neutral | Maintain | Jan 24, 2018 |
| Wells Fargo | Outperform | Outperform | Maintain | Oct 27, 2017 |
| Janney Capital | Buy | Buy | Maintain | Jan 8, 2016 |
Named analyst price targets
Upside is calculated against the persisted current price $366. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Barclays | Luke Sergott | $440 | $372.64 | +20.2% | Oct 7, 2026 |
| Morgan Stanley | Kallum Titchmarsh | $400 | $361.73 | +9.3% | Sep 22, 2026 |
| UBS | Analyst unavailable | $415 | $338.06 | +13.4% | Sep 9, 2026 |
| Evercore ISI | Analyst unavailable | $425 | $333.12 | +16.1% | Jul 27, 2026 |
| BNP Paribas | Analyst unavailable | $447 | $353.71 | +22.1% | Jul 13, 2026 |
| Morgan Stanley | Analyst unavailable | $365 | $353.68 | -0.3% | Jul 9, 2026 |
| Evercore ISI | Daniel Markowitz | $410 | $359.27 | +12.0% | Jul 6, 2026 |
| KeyBanc | Analyst unavailable | $390 | $365 | +6.6% | Jul 2, 2026 |
| Barclays | Luke Sergott | $400 | $319.75 | +9.3% | Jun 9, 2026 |
| Morgan Stanley | Analyst unavailable | $315 | $306.39 | -13.9% | Apr 27, 2026 |
| Barclays | Analyst unavailable | $310 | $306.16 | -15.3% | Apr 27, 2026 |
| UBS | Dan Leonard | $340 | $246.6 | -7.1% | Feb 13, 2026 |
| Deutsche Bank | Analyst unavailable | $315 | $247.49 | -13.9% | Feb 13, 2026 |
| Barclays | Luke Sergott | $265 | $243.61 | -27.6% | Feb 13, 2026 |
| Jefferies | David Windley | $295 | $249.97 | -19.4% | Feb 10, 2026 |
| Evercore ISI | Daniel Markowitz | $320 | $237.88 | -12.6% | Feb 3, 2026 |
| Morgan Stanley | Analyst unavailable | $285 | $274.14 | -22.1% | Dec 1, 2025 |
| Barclays | Analyst unavailable | $325 | $293.62 | -11.2% | Oct 27, 2025 |
| UBS | Dan Leonard | $355 | $307.25 | -3.0% | Oct 24, 2025 |
| Deutsche Bank | Justin Bowers | $345 | $304.74 | -5.7% | Oct 24, 2025 |
| Evercore ISI | Daniel Markowitz | $390 | $309.28 | +6.6% | Oct 23, 2025 |
| Evercore ISI | Analyst unavailable | $350 | $268.07 | -4.4% | Oct 7, 2025 |
| Barclays | Analyst unavailable | $275 | $271.42 | -24.9% | Oct 2, 2025 |
| Redburn Partners | Jamie Clark | $311 | $257.53 | -15.0% | Sep 15, 2025 |
| Barclays | Luke Sergott | $245 | $222.68 | -33.1% | Jun 24, 2025 |
| Jefferies | David Windley | $393 | $287.85 | +7.4% | Nov 19, 2024 |
| Jefferies | David Windley | $536 | $413 | +46.4% | Feb 7, 2024 |
| Deutsche Bank | Analyst unavailable | $250 | $251.9 | -31.7% | Dec 14, 2022 |
| UBS | Analyst unavailable | $250 | $222.84 | -31.7% | Nov 30, 2022 |
Track every rating change on WST the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationWest Pharmaceutical Services, Inc. (WST) specializes in the development, manufacturing, and global distribution of essential containment and delivery solutions for injectable pharmaceuticals and other healthcare products. The company's operations span across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region, structured into two primary business units: Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers a comprehensive array of components for injectable packaging, including stoppers and seals, alongside syringe and cartridge parts, which can be customized for specific injectable drug delivery requirements. It also provides advanced drug administration systems designed to enhance safe and effective delivery through sophisticated reconstitution, mixing, and transfer technologies.…
Historical context
All WST earningsHealthcare peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| COO The Cooper Companies, Inc. | FY2026 Q3 · Calendar Q3 2026 | +2.7% | -14.7% | CooperCompanies beats expectations as inventory reduction weighs on vision revenue |
| MDT Medtronic plc | FY2027 Q1 · Calendar Q3 2026 | +4.3% | +1.5% | Medtronic raises FY27 outlook as growth broadens across platforms |
Latest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:55.686058+00:00
- Polygon adjusted daily market bars · 2026-10-10T14:40:42.475167+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-10T14:40:42.472282+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-10. For educational purposes only; not investment advice.