West Pharmaceutical Services, Inc. (WST) Stock Price & Analysis

West Pharmaceutical Services, Inc. (WST) closed at USD 394.03 on Thursday, October 22, 2026, up 0.14% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 393.48; the Oct 22, 2026 session ranged USD 389.17–397.16 on volume of 679,905 shares. Market capitalization is $27.73B, with a 52-week range of USD 223.83–397.16 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:37 UTC.

Also available as compact Markdown for AI agents: nexqual.com/WST.md

Key facts (WST)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WST)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$2.83B$2.89B$2.95B$2.89B$3.07B$3.33B
Gross profit$1.18B$1.14B$1.13B$999M$1.10B—
Operating income$752M$734M$676M$570M$585M$680M
Net income$662M$586M$593M$493M$494M$565M
EPS (diluted)$8.67$7.73$7.88$6.69$6.79—
Free cash flow$331M$439M$415M$276M$469M$437M
Gross margin41.5%39.4%38.3%34.5%35.9%—
Operating margin26.6%25.4%22.9%19.7%19.0%20.5%
Net margin23.4%20.3%20.1%17.0%16.1%17.0%
Revenue growth+31.9%+2.0%+2.2%-1.9%+6.3%—
Cash + short-term investments$763M$894M$854M$485M$791M—
Total debt$253M$209M$207M$203M$203M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (WST)

P/E 49.1x · P/S 8.3x · EV/EBITDA 31.9x · EV/Sales 8.3x · P/FCF 63.5x · P/B 9.3x · FCF yield 1.58% · Earnings yield 2.04% · Dividend yield (paid, TTM) 0.23% · Buyback yield (TTM) 1.64% · Net cash $233M · EV $27.5B

P/E at fiscal year-ends: Dec 2025 40.5x, Dec 2024 49.0x, Dec 2023 44.7x.

Superinvestors (SEC 13F-HR, Q2 2026) (WST)

2 of 80 tracked investors hold WST. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Hillman CapitalHillman Capital Management1.85%$2.6MReduced -20.2%
Bill GatesGates Foundation Trust0.46%$160MUnchanged

Insider sales (SEC Form 4, open-market, last ~7 months) (WST)

1 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-09-11…2026-09-15Favorite Annette FSr. VP & Chief HR Officer7,524$2.7M25.6%YesToo little history (no open-market trades in 2024 or 2025)
2026-09-08Favorite Annette FSr. VP & Chief HR Officer8,135$2.8M32.6%NoToo little history (no open-market trades in 2024 or 2025)
2026-04-27Favorite Annette FSr. VP & Chief HR Officer2,817$860K11.4%NoToo little history (no open-market trades in 2024 or 2025)
2026-04-27Winters ChadVP, Chief Accounting Officer896$269K37%NoToo little history (no open-market trades in 2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (WST)

Consensus Buy (mean 2.00 on a 1–5 scale), 16 analysts; mean target USD 413.73 (low 340, high 459).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-13TD CowenTarget raisedBuy$410 → $420
2026-10-07BarclaysTarget raisedOverweight$400 → $440
2026-09-22Morgan StanleyUpgradeEqual-Weight → Overweight$365 → $400
2026-09-09UBSTarget raisedBuy$340 → $415
2026-08-03CitigroupTarget raisedBuy$400 → $412
2026-07-27Evercore ISI GroupTarget raisedOutperform$410 → $425
2026-07-13BNP ParibasInitiatedOutperform$447
2026-07-09Morgan StanleyTarget raisedEqual-Weight$325 → $365
2026-07-06Evercore ISI GroupTarget raisedOutperform$390 → $410
2026-07-02KeybancTarget raisedOverweight$350 → $390

Total return (dividends reinvested) (WST)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+28.6%-5.2%
S&P 500 (SPY)+14.9%+80.3%
Per year+28.8%-1.1%
Volatility (annualized)31.5%39.5%
Max drawdown-24.7% (Oct 2025→Feb 2026)-56.6% (Dec 2021→Apr 2025)

WST revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Proprietary Products$722.6M82.8%+16.6%
West Vantage$149.7M17.2%+2.0%
Total revenue$872.3M100%—

WST revenue by region (fiscal year ended Dec 31, 2025)

LineRevenueShare of totalYoY
United States$1.33B43.3%+8.0%
Other Europe Countries$451.0M14.7%+17.0%
Germany$380.3M12.4%+2.1%
Other Countries$353.3M11.5%+4.2%
Ireland$333.3M10.8%+3.1%
France$226.6M7.4%-6.4%
Total revenue$3.07B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

WST suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerDaikyo Seiko“The majority of the purchase transactions listed above relate to a distributorship agreement with Daikyo that allows us to purchase and re-sell Daikyo products.”

Quoted from the company's 10-K filed Feb 17, 2026.

Companies that name WST in their SEC reports

Relationship to WSTCompanyFilingSentence
customerMANNKIND CORP (MNKD)10-K Feb 26, 2026“The infusor is made by West Pharmaceutical Services, Inc. ("West") pursuant to a supply agreement that currently extends through December 31, 2027 (as”

WST customer concentration

In the period ended Dec 31, 2025, a single direct customer accounted for 15.8% of revenue, per the company's 10-K filed Feb 17, 2026. The company does not name it.

WST company outlook (results filed Jul 23, 2026)

Quoted word-for-word from the SEC 8-K results press release.

WST analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$2.20$2.15+2.0%$826.5M14
Next quarter (ends Dec 2026)$2.27$2.26+0.7%$826.9M11
Current fiscal year (ends Dec 2026)$8.96$8.85+1.3%$3.37B16
Next fiscal year (ends Dec 2027)$9.98$9.76+2.3%$3.59B16

WST options: expected move

Options price a move of about ±10.8% (±$42.75) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±11% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262848.4%±10.8%
Dec 18, 20265638.3%±12.1%
Jan 15, 20278433.6%±12.9%
Mar 19, 202714735.8%±18.1%
May 21, 202721037.4%±22.5%
Jun 17, 202723736.3%±23.2%

30-day implied volatility 46.7% vs 21.6% realized over the last 30 trading days. Put/call ratio (volume) 0.08. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 10:37 UTC)

PriceUSD 394.03
Change▲ 0.14% (up)
Previous CloseUSD 393.48
OpenUSD 394.15
Day RangeUSD 389.17 – 397.16
52-Week RangeUSD 223.83 – 397.16
Volume679,905 shares
Market Cap$27.73B
ExchangeNYQ

Technical Analysis (WST)

Nexqual's technical model rates WST "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 10:37 UTC.

Overall SignalBUY
RSI (14)74.39 (overbought)
vs SMA50Above (USD 361.15)
MACD8.05 (positive)

Analyst Ratings (WST)

Wall Street analysts rate WST "Buy" based on 16 analysts, with a mean price target of USD 413.73 (range USD 340–459), per Nexqual as of October 23, 2026 at 10:37 UTC.

Consensus RatingBuy
Analyst Count16
Mean TargetUSD 413.73
High TargetUSD 459
Low TargetUSD 340
Buy / Hold / Sell15 / 0 / 1

Earnings (WST)

Next Earnings Date2026-10-29
EPS EstimateUSD 2.2
Revenue Estimate$826.55M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 2.37 vs est 2.08 ▲ beat
2026-03-31USD 2.13 vs est 1.68 ▲ beat
2025-12-31USD 2.04 vs est 1.83 ▲ beat
2025-09-30USD 1.96 vs est 1.71 ▲ beat

Source: Nexqual, October 23, 2026 at 10:37 UTC.

Financials & Fundamentals (WST)

Total Revenue$3.33B
Revenue Growth (latest quarter, YoY)+13.80%
Gross Margin+36.79%
Operating Margin+22.47%
Profit Margin+16.98%
ROE+19.09%
Debt / Equity0.11
Current Ratio2.82
Total Cash$435.80M
Total Debt$316.50M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$436.90M (13.1% of revenue)

Source: Nexqual, October 23, 2026 at 10:37 UTC.

Financial Health Score (WST)

Nexqual rates West Pharmaceutical Services, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:37 UTC.

GrowthSolid — Revenue +6% YoY (annual)
ProfitabilitySolid — Gross margin 37%, operating 22% (last 12 months)
Balance SheetStrong — $436M cash and investments vs $203M debt (Jun 2026, SEC), net cash
Cash FlowSolid — FCF $437M (last 4 quarters to Jun 2026, SEC), 13% margin
EfficiencySolid — ROE 19%, ROA 11.4%

Ownership (WST)

Insider Ownership+0.66%
Institutional Ownership+102.14%
Shares Outstanding70.38M
Float69.85M
Short % of Float+3.49%

Source: Nexqual, October 23, 2026 at 10:37 UTC.

Leadership (WST)

West Pharmaceutical Services, Inc. is led by Michel Lagarde, President, CEO & Director, per Nexqual as of October 23, 2026 at 10:37 UTC.

President, CEO & DirectorMichel Lagarde
Senior VP & CFORobert W. McMahon C.M.A.
Senior VP & CTODevesh Mathur
Vice President of Investor RelationsJohn P. Sweeney C.F.A.
Vice President of Global CommunicationsMichele Polinsky

Major Backers & Investors (WST)

Notable institutional backers of West Pharmaceutical Services, Inc. include FMR, LLC, Fidelity, Artisan Partners Limited Partnership, according to Nexqual as of October 23, 2026 at 10:37 UTC.

Active Investors

InvestorStake
FMR, LLC5.08%
Fidelity4.13%
Artisan Partners Limited Partnership3.43%
Generation Investment Management LLP2.88%
T. Rowe Price2.56%

Index Funds (Passive)

FundStake
Vanguard Group12.27%
BlackRock9.45%
State Street4.76%
BNY Mellon2.9%
Geode Capital2.7%

Source: Nexqual, October 23, 2026 at 10:37 UTC.

From West Pharmaceutical Services, Inc.'s Latest SEC 10-K Filing (filed 2026-02-17)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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MDLNMedline Inc.USD 34.88▼ 1.22%
SOLVSolventum CorporationUSD 87.45▲ 0.9%
BDXBecton, Dickinson and CompanyUSD 200.42▲ 3.13%
BAXBaxter International Inc.USD 25.65▲ 3.85%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:37 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt