Veralto stock forecast 2027–2029

MyStockButler's October 2026 analysis: Veralto's weighted forecast is $118.47 in October 2027, a 17% return. Veralto's forecast hinges on converting Veralto's installed base and acquisitions into durable free cash flow.

Where could Veralto's shares be by 2029?

The weighted forecast is $118.47 in October 2027, a 17% return. It reaches $186.03 in October 2029, an 85% return. The bear case carries 25% probability; the base case carries 55%. The bull case carries 20%.

The first point is $118.47 in October 2027, a 17% return including dividends. The second is $150.94 in October 2028, a 50% return. The third is $186.03 in October 2029, an 85% return.

What has to go right for Veralto, and what could go wrong?

The bear case requires packaging and color demand to remain weak while water projects are delayed. Cost actions cushion margins, but restructuring and acquisition costs limit earnings growth. Investors then compress the premium multiple.

The bull case requires PQI bookings to convert into equipment revenue, Water Quality demand to broaden, and Cleanwater1 to generate attractive service returns. Stronger margins and cash conversion support both retained earnings and a higher premium.

How much cash does Veralto really make?

Free cash flow is operating cash flow after capital expenditure. In 2025, operating cash flow of $1,077 million less $63 million of capital spending produced $1,014 million of free cash flow, or about 108% of net income. Working capital explains part of the difference: unpaid invoices, inventory and supplier bills can move cash in different periods from sales and expenses.

What does Veralto stock cost today?