Stryker Corporation (SYK) earnings on July 30, 2026

After the market closes Q2 2026

More Stryker Corporation earnings

Prior outlook: No statistical edge

Stryker's stock fell 5.19% after analysts cut their price targets. The drop was part of a negative market reaction to the news.

SYK price around the earnings

325.70

Change: -5.7%

2026-07-31, 20:00 UTC

Start of the measured window End of the measured window
312.77 325.79 338.81 351.83 345.36
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
July 30, 2026 July 31, 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: No statistical edge

Thesis published
Results released

The recent trend has been strong and analysts cite upside, offset by recent EPS miss and extreme retail optimistic crowding into event.

Context analyzed before publication

Trend
Strong run-up from -15.9 to +47.5 into earnings; after a strong recent rise the trajectory suggests expectations fully priced.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.63
Analysts covering the stock
26
Average price target
387.04
Lowest price target
315
Highest price target
465
Upside to price target
11.8%
Quarterly earnings growth
13.9%
Revenue growth
2.6%
Forward EPS
16.73
Trailing EPS
8.63
Analyst moves in the last 60 days
3
  • Strong buy: 7
  • Buy: 16
  • Hold: 5
  • Sell: 0
  • Strong sell: 0
Strong buy
7
Buy
16
Hold
5
Sell
0
Strong sell
0
  • July 9, 2026 · BMO Capital: Initiates coverage (Market Perform → Outperform)
  • July 6, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
  • June 5, 2026 · Leerink Partners: Maintains rating (Outperform → Outperform)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%

Technicals

Evidence

Price when the context was analyzed
352.3
Average true range (ATR)
2.9%
Distance to 52-week high
-12.6%
14-day change (14d)
+11.4%
30-day change (30d)
+6.6%
30-day relative strength
+8.1%
SPY change (30d)
-1.5%
Nearest support
351.35
Distance to nearest support
0.3%
Nearest resistance
353.35
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
0.7
  • Major: 351.35 (0.3% away, 0.09 ATR, 43 touches)
  • Major: 349.1 (0.9% away, 0.31 ATR, 23 touches)
  • Minor: 346.83 (1.6% away, 0.53 ATR, 9 touches)
  • Major: 353.35 (0.3% away, 0.1 ATR, 50 touches)
  • Major: 355.77 (1% away, 0.33 ATR, 53 touches)
  • Major: 358.02 (1.6% away, 0.55 ATR, 63 touches)

Trends

Evidence

Average earnings surprise
-1.8%
  • April 30, 2026: actual EPS 2.6 vs estimate 2.98 (surprise -12.9%)
  • January 29, 2026: actual EPS 4.47 vs estimate 4.4 (surprise +1.7%)
  • October 30, 2025: actual EPS 3.19 vs estimate 3.13 (surprise +1.9%)
  • July 31, 2025: actual EPS 3.13 vs estimate 3.07 (surprise +1.9%)

Expected move

Implied move
+2.0%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.7%
75th percentile move
4%
90th percentile move
5.8%
Up / down moves
9 / 11
Average up move
+3.4%
Average down move
-2.7%

Monitoring and close

What Stryker Corporation reported

Status
Finished
Actual EPS5.75
EPS estimate3.49
EPS surprise+64.8%
Revenue$6,589 million
Revenue estimate$6,579 million
Revenue surprise+0.2%

Stryker beat Q2 earnings and sales estimates, but shares fell after hours on cyberattack concerns and cautious guidance, despite raising FY2026 EPS outlook.

Sources (10)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -6.7% pre-market, a move above the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: there was no prior directional scenario to check against.

How the stock reacted

Consolidated
-5.2%
Max move
-11.1%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.