Stryker Corporation (SYK)
NYSE: SYK · IEX Real-Time Price · USD
340.95
+9.72 (2.93%)
At close: Jul 19, 2024, 4:00 PM
340.97
+0.01 (0.00%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Stryker Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Stryker stock have an average target of 372.72, with a low estimate of 315 and a high estimate of 406. The average target predicts an increase of 9.32% from the current stock price of 340.95.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Stryker stock from 18 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 8 | 8 | 8 |
| Buy | 6 | 6 | 7 | 6 | 6 | 6 |
| 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 | 20 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $345 → $350 | Hold | Maintains | $345 → $350 | +2.65% | Jul 15, 2024 |
| BTIG | BTIG | Strong Buy Maintains $369 → $372 | Strong Buy | Maintains | $369 → $372 | +9.11% | Jul 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $370 → $365 | Buy | Maintains | $370 → $365 | +7.05% | Jul 2, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $372 | Hold | Initiates | $372 | +9.11% | May 30, 2024 |
| Needham | Needham | Hold → Strong Buy Upgrades $392 | Hold → Strong Buy | Upgrades | $392 | +14.97% | May 22, 2024 |
Financial Forecast
Revenue This Year
22.54B
from 20.50B
Increased by 9.94%
Revenue Next Year
24.28B
from 22.54B
Increased by 7.75%
EPS This Year
12.08
from 8.25
Increased by 46.37%
EPS Next Year
13.54
from 12.08
Increased by 12.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.5B | 25.6B | 27.9B | 30.0B | 31.3B |
| Avg | 22.5B | 24.3B | 26.1B | 28.0B | 29.4B |
| Low | 21.8B | 23.2B | 24.7B | 26.2B | 27.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.9% | 13.7% | 14.9% | 15.1% | 11.9% |
| Avg | 9.9% | 7.8% | 7.5% | 7.2% | 5.1% |
| Low | 6.2% | 2.8% | 1.5% | 0.3% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.64 | 14.44 | 16.15 | 17.55 | 18.89 |
| Avg | 12.08 | 13.54 | 14.91 | 15.84 | 16.62 |
| Low | 11.64 | 12.74 | 13.73 | 13.73 | 14.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.2% | 19.6% | 19.3% | 17.7% | 19.3% |
| Avg | 46.4% | 12.1% | 10.2% | 6.2% | 5.0% |
| Low | 41.1% | 5.5% | 1.4% | -7.9% | -7.6% |
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.