Stryker Corporation (SYK)

Stryker Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Stryker stock have an average target of 395.42, with a low estimate of 350 and a high estimate of 420. The average target predicts an increase of 2.75% from the current stock price of 384.85.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$350	$395.42	$400	$420
Change	-9.06%	+2.75%	+3.94%	+9.13%

Analyst Ratings

The average analyst rating for Stryker stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	8	8	8	7	7	7
Buy	6	6	6	7	8	8
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	18	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joanne Wuensch Citigroup	Citigroup	Strong Buy Maintains $406 → $411	Strong Buy	Maintains	$406 → $411	+6.79%	Oct 31, 2024
Matt Miksic Barclays	Barclays	Buy Maintains $402 → $418	Buy	Maintains	$402 → $418	+8.61%	Oct 31, 2024
Ryan Zimmerman BTIG	BTIG	Strong Buy Maintains $383 → $394	Strong Buy	Maintains	$383 → $394	+2.38%	Oct 30, 2024
Kyle Rose Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $360 → $400	Strong Buy	Maintains	$360 → $400	+3.94%	Oct 30, 2024
Shagun Singh RBC Capital	RBC Capital	Buy Maintains $386 → $400	Buy	Maintains	$386 → $400	+3.94%	Oct 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

22.82B

Increased by 11.34%

from 20.50B

Revenue Next Year

24.67B

Increased by 8.11%

from 22.82B

EPS This Year

12.18

Increased by 47.58%

from 8.25

EPS Next Year

13.66

Increased by 12.23%

from 12.18

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	14.88B	14.35B	17.11B	18.45B	20.50B	22.82B	24.67B	26.59B
Revenue Growth	9.43%	-3.58%	19.21%	7.84%	11.11%	11.34%	8.11%	7.79%
EPS	5.48	4.20	5.21	6.17	8.25	12.18	13.66	15.05
EPS Growth	-41.33%	-23.36%	24.05%	18.43%	33.71%	47.58%	12.23%	10.14%
Forward PE	-	-	-	-	-	31.61	28.16	25.57
No. Analysts	-	-	-	-	-	34	34	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	25.7B	26.0B	28.3B
Avg	22.8B	24.7B	26.6B
Low	22.0B	23.6B	25.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	25.3%	14.1%	14.8%
Avg	11.3%	8.1%	7.8%
Low	7.1%	3.4%	2.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.71	14.37	16.12
Avg	12.18	13.66	15.05
Low	11.78	12.90	13.48

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	54.0%	18.1%	17.9%
Avg	47.6%	12.2%	10.1%
Low	42.8%	5.9%	-1.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.