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
Target Low Average Median High
Price $292 $329.78 $330 $364
Change -18.41% -7.85% -7.79% +1.71%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 777888
Buy 666666
Hold 666444
Sell 000000
Strong Sell 000000
Total 191919181818

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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
14.88B14.35B17.11B18.45B20.50B22.40B24.09B25.93B25.78B29.10B
Revenue Growth
9.43%-3.58%19.21%7.84%11.11%9.27%7.53%7.64%-0.57%12.90%
EPS
5.484.205.216.178.2511.9713.3814.6814.9317.74
EPS Growth
-41.33%-23.36%24.05%18.43%33.71%45.08%11.83%9.67%1.72%18.77%
No. Analysts -----31301732
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.