Stryker Corporation (SYK)
NYSE: SYK · IEX Real-Time Price · USD
357.87
-0.84 (-0.23%)
At close: Mar 28, 2024, 4:00 PM
339.97
-17.90 (-5.00%)
After-hours: Mar 28, 2024, 5:34 PM EDT
Stryker Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Stryker stock have an average target of 329.78, with a low estimate of 292 and a high estimate of 364. The average target predicts a decrease of -7.85% from the current stock price of 357.87.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 15, 2024.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 8 | 8 | 8 |
Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Hold | 6 | 6 | 6 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 19 | 19 | 19 | 18 | 18 | 18 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
RBC Capital | RBC Capital | Buy Reiterates $360 | Buy | Reiterates | $360 | +0.60% | Feb 15, 2024 |
RBC Capital | RBC Capital | Buy Maintains $345 → $360 | Buy | Maintains | $345 → $360 | +0.60% | Jan 31, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $340 → $362 | Strong Buy | Maintains | $340 → $362 | +1.15% | Jan 31, 2024 |
Truist Securities | Truist Securities | Hold Maintains $330 → $345 | Hold | Maintains | $330 → $345 | -3.60% | Jan 31, 2024 |
Roth MKM | Roth MKM | Strong Buy Maintains $345 → $348 | Strong Buy | Maintains | $345 → $348 | -2.76% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
22.40B
from 20.50B
Increased by 9.27%
Revenue Next Year
24.09B
from 22.40B
Increased by 7.53%
EPS This Year
11.97
from 8.25
Increased by 45.08%
EPS Next Year
13.38
from 11.97
Increased by 11.83%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 23.5B | 25.5B | 27.8B | 28.3B | 30.3B |
Avg | 22.4B | 24.1B | 25.9B | 25.8B | 29.1B |
Low | 21.6B | 23.0B | 24.5B | 23.4B | 28.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 14.5% | 14.0% | 15.5% | 9.1% | 17.4% |
Avg | 9.3% | 7.5% | 7.6% | -0.6% | 12.9% |
Low | 5.2% | 2.8% | 1.8% | -9.7% | 9.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 12.60 | 14.34 | 16.11 | 16.77 | 18.44 |
Avg | 11.97 | 13.38 | 14.68 | 14.93 | 17.74 |
Low | 11.23 | 11.87 | 12.67 | 13.33 | 17.21 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 52.7% | 19.8% | 20.3% | 14.2% | 23.5% |
Avg | 45.1% | 11.8% | 9.7% | 1.7% | 18.8% |
Low | 36.1% | -0.8% | -5.3% | -9.2% | 15.2% |
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.