Solventum Corporation (SOLV)
NYSE: SOLV · Real-Time Price · USD
68.39
+1.34 (2.00%)
Nov 20, 2024, 4:00 PM EST - Market closed
Solventum Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Solventum stock have an average target of 68, with a low estimate of 54 and a high estimate of 82. The average target predicts a decrease of -0.57% from the current stock price of 68.39.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Solventum stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 7 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $60 → $73 | Hold | Maintains | $60 → $73 | +6.74% | Nov 11, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $71 → $75 | Hold | Maintains | $71 → $75 | +9.67% | Nov 8, 2024 |
| Stifel | Stifel | Strong Buy Initiates $82 | Strong Buy | Initiates | $82 | +19.90% | Oct 8, 2024 |
| Piper Sandler | Piper Sandler | Hold Initiates $71 | Hold | Initiates | $71 | +3.82% | Oct 7, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 26, 2024 |
Financial Forecast
Revenue This Year
8.38B
from 8.20B
Increased by 2.17%
Revenue Next Year
8.40B
from 8.38B
Increased by 0.30%
EPS This Year
6.56
EPS Next Year
5.71
from 6.56
Decreased by -12.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.7B | 8.7B | 9.0B |
| Avg | 8.4B | 8.4B | 8.5B |
| Low | 8.0B | 8.0B | 8.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7% | 4.2% | 7.1% |
| Avg | 2.2% | 0.3% | 1.7% |
| Low | -2.2% | -4.7% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.94 | 6.11 | 6.93 |
| Avg | 6.56 | 5.71 | 6.15 |
| Low | 6.20 | 5.21 | 5.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -6.8% | 21.3% |
| Avg | - | -12.8% | 7.6% |
| Low | - | -20.5% | -4.3% |
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.