Stryker Corporation (SYK) earnings on April 30, 2026

After the market closes Q1 2026

More Stryker Corporation earnings

Prior outlook: Pessimistic Outcome: Accurate

The stock barely moved at the start of market review, then dropped sharply. It ended the day down about 6.5%.

SYK price around the earnings

294.73

Change: -6.5%

2026-05-01, 20:00 UTC

Start of the measured window End of the measured window
294.73 302.41 310.09 317.77 315.13
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
April 30, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published

The scenario suggests caution; risks appear elevated.

Despite positive analyst price targets, the stock is showing weakness and negative sentiment due to recent news and underperformance compared to the market.

Context analyzed before publication

Summary
The scenario suggests caution; risks appear elevated.
Reasoning
Despite positive analyst price targets, the stock is showing weakness and pessimistic sentiment due to recent news and underperformance compared to the market.
Playbook
Given the recent weakness and negative news, the scenario suggests a need for clearer positive contexts or a more attractive price level.
Trend
Outlook deteriorating, weakness persists.

Analysts

Drivers

  • Analysts Positive

    Analysts generally recommend buying the stock and have set price targets that point to a considerably optimistic scenario. However, some analysts have maintained neutral ratings or lowered their targets.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.76
Analysts covering the stock
27
Average price target
419.11
Lowest price target
316
Highest price target
469
Upside to price target
28.1%
Quarterly earnings growth
55.5%
Revenue growth
11.4%
Forward EPS
16.74
Trailing EPS
8.12
Analyst moves in the last 60 days
8
  • Strong buy: 8
  • Buy: 14
  • Hold: 7
  • Sell: 0
  • Strong sell: 0
Strong buy
8
Buy
14
Hold
7
Sell
0
Strong sell
0
  • April 15, 2026 · Truist Securities: Maintains rating (Hold → Hold)
  • April 14, 2026 · BTIG: Reiterates rating (Buy → Buy)
  • April 13, 2026 · Leerink Partners: Initiates coverage (Outperform)
  • April 9, 2026 · Goldman Sachs: Maintains rating (Neutral → Neutral)
  • April 7, 2026 · Citigroup: Maintains rating (Buy → Buy)
  • April 6, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
  • March 17, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • February 24, 2026 · UBS: Maintains rating (Neutral → Neutral)

News and sentiment

Drivers

  • News & sentiment Negative

    Negative news, including a product safety concern and a reduced price target from one analyst, is influencing sentiment. While social media shows optimistic sentiment, it is not strongly supported by market review activity.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (8)
  • Stryker Updates Use Instructions For Patient-Fitted TMJ Implants; As Of Dec 4, Stryker Reported One Serious Injury & No Deaths Associated With Patient-Fitted TMJ Implants Issue — Benzinga
  • Truist Securities Maintains Hold on Stryker, Lowers Price Target to $380 — Benzinga
  • BTIG Reiterates Buy on Stryker, Maintains $397 Price Target — Benzinga
  • Stryker To Acquire Amplitude Vascular Systems, The Developer Of A Next-Generation Intravascular Lithotripsy Platform; Terms Not Disclosed — Benzinga
  • Stryker Says Cybersecurity Incident Had Material Impact On Q1 2026 Financial Results; Co. Believes Cybersecurity Incident Not Expected To Materially Impact 2026 FY Guidance — Benzinga
  • Goldman Sachs Maintains Neutral on Stryker, Lowers Price Target to $357 — Benzinga
  • Evercore ISI Group Maintains Outperform on Stryker, Lowers Price Target to $365 — Benzinga
  • Stryker Says Has Not Yet Determined Whether Cybersecurity Incident Is Likely To Have Material Impact On Co; No Malicious Activity Identified Toward Customers, Suppliers, Vendors, Or Partners; Investigation Ongoing — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock's recent performance has lagged the broader market, indicating weakness. It is currently market review near a support level, which could mean a more pessimistic scenario is possible.

Evidence

Average true range (ATR)
2.4%
Distance to 52-week high
-19.2%
14-day change (14d)
-0.7%
30-day change
-8.8%
30-day relative strength
-12.5%
Benchmark change
+3.8%
Nearest support
319.77
Nearest resistance
364.28
Volume accumulation ratio
0.97

Trends

Evidence

Average earnings surprise
-8.8%
  • January 29, 2026: actual EPS 4.47 vs estimate 4.4 (surprise +1.7%)
  • October 30, 2025: actual EPS 2.22 vs estimate 2.56 (surprise -13.2%)
  • July 31, 2025: actual EPS 3.13 vs estimate 3.07 (surprise +1.9%)
  • May 1, 2025: actual EPS 1.69 vs estimate 2.28 (surprise -25.8%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
2.5%
75th percentile move
3.9%
90th percentile move
4.8%
Up / down moves
9 / 10
Average up move
+3.4%
Average down move
-2.4%

Monitoring and close

What Stryker Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-6.5%
Max favorable move (MFE)
6.5%
Max adverse move (MAE)
0%