Solventum Corporation (SOLV)
NYSE: SOLV · IEX Real-Time Price · USD
54.60
-0.38 (-0.69%)
At close: Jul 19, 2024, 4:00 PM
54.43
-0.17 (-0.31%)
Pre-market: Jul 22, 2024, 7:22 AM EDT
Solventum Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Solventum stock have an average target of 58, with a low estimate of 48 and a high estimate of 69. The average target predicts an increase of 6.23% from the current stock price of 54.60.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Solventum stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 |
| Hold | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 |
| Total | 3 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $70 → $55 | Hold | Maintains | $70 → $55 | +0.73% | Jul 15, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $54 → $48 | Strong Sell | Maintains | $54 → $48 | -12.09% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $70 → $60 | Hold | Maintains | $70 → $60 | +9.89% | Jun 25, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Initiates $54 | Strong Sell | Initiates | $54 | -1.10% | May 30, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $70 | Hold | Initiates | $70 | +28.21% | May 10, 2024 |
Financial Forecast
Revenue This Year
8.27B
from 8.20B
Increased by 0.83%
Revenue Next Year
8.29B
from 8.27B
Increased by 0.24%
EPS This Year
6.39
EPS Next Year
5.76
from 6.39
Decreased by -9.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.6B | 8.7B | 8.9B |
| Avg | 8.3B | 8.3B | 8.5B |
| Low | 7.9B | 7.9B | 7.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4% | 4.7% | 7.7% |
| Avg | 0.8% | 0.2% | 2.5% |
| Low | -3.6% | -4.8% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.58 | 6.29 | 6.92 |
| Avg | 6.39 | 5.76 | 6.24 |
| Low | 6.13 | 4.97 | 5.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -1.5% | 20.1% |
| Avg | - | -9.8% | 8.2% |
| Low | - | -22.2% | -2.5% |
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.