Dentsply Sirona trades at a deeply discounted forward P/E of 6.6x with 32% analyst upside from current levels, but the business is in a confirmed downtrend, has missed earnings in 2 of the last 4 quarters, and carries an elevated put-to-call ratio of 8.50 that signals heightened institutional hedging activity.
Thesis pillars
- Deep Value Versus Earnings Deterioration↓Deteriorating
- Strong Piotroski Quality Backbone→Stable
- Earnings Miss Pattern Downtrend↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 26, 2026· older than 90 days
DENTSPLY SIRONA Inc. (XRAY) Stock Analysis
Recovery setup
Healthcare · Medical Instruments & Supplies
Sell if holding. Engine safety override at $10.65: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10. Specifically: High short interest: 17%; Below-average business quality; Below long-term trend.
DENTSPLY SIRONA Inc. manufactures professional dental products across four segments — Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare — sold in approximately 140 countries. About two-thirds of dental... Read more
Sell if holding. Engine safety override at $10.65: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10. Specifically: High short interest: 17%; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 75. Score 4.8/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: aggressive.
About DENTSPLY SIRONA Inc.
About DENTSPLY SIRONA Inc.
Dentsply Sirona's four reportable segments — Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare — encompass products including CEREC same-day restoration systems, the SureSmile clear aligner platform, and dental implant and continence care lines sold in approximately 140 countries. Henry Schein, Inc. represented 13% of net sales in 2025, making it the largest single distributor in a network through which roughly two-thirds of dental products flow. The company plans to increase R&D investment from approximately 4% to 5% of net sales beginning in 2026.
Dentsply Sirona earns revenue across all four operating segments. Connected Technology Solutions sells imaging equipment, treatment centers, CAD/CAM systems — primarily CEREC, which enables same-day restorations — and Primescan 2 intraoral scanners integrating with the cloud-based DS Core platform. Essential Dental Solutions provides endodontic files, sealers, composites, and preventive products to dental professionals. Orthodontic and Implant Solutions covers the SureSmile clear aligner platform, digital implant systems, and prosthetics. Wellspect Healthcare sells urinary catheters and bowel management systems primarily to medical supply distributors. The company generates a substantial portion of revenue through a limited number of distributors and is actively diversifying its U.S. distributor base beginning in 2026. Certain raw materials are sourced from single-source suppliers under agreements subject to periodic renewal; disruption of those sources could interrupt manufacturing.
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EU Medical Device Regulation compliance is a named, dated regulatory obligation: Dentsply Sirona completed quality management system certifications in 2024, but Class III and implantable Class IIb devices must achieve EU MDR certification by December 31, 2027 and non-implantable Class IIb and lower-risk devices by December 31, 2028. A simultaneous execution risk is the 2026 restructuring plan — expected to incur $55 million to $65 million in charges and generate approximately $120 million in annualized savings — running concurrently with a multi-year global ERP system implementation begun in 2023. Cost overruns or delays in either program could adversely affect results of operations.
See also: Healthcare · Medical Instruments & Supplies
From DENTSPLY SIRONA Inc.'s most recent 10-K filing, extracted June 16, 2026.
Recent developments
updated Oct 28, 2026Recent Developments — DENTSPLY SIRONA Inc.
Latest news
- NEWS Dentsply Sirona Highlights X-Smart Pro+ Endodontic Motor Features — fiscal.ai Oct 28, 2026 neutral
- NEWS Barrington Research Adjusts Dentsply Sirona Price Target to $13 — fiscal.ai Oct 26, 2026 negative
- NEWS ServiceNow To Rally Over 26%? Here Are 10 Top Analyst Forecasts For Monday — benzinga Oct 26, 2026 neutral
- NEWS Barrington Research Maintains Outperform on Dentsply Sirona, Lowers Price Target to $13 — benzinga Oct 26, 2026 positive
- NEWS Mizuho Maintains Neutral on Dentsply Sirona, Lowers Price Target to $12 — benzinga Oct 22, 2026 negative
Latest item Oct 28, 2026 · Generated 2026-11-05T12:04:10Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
4 floor-breakers
Revenue shrinking — -4.1% YoY. Growth thesis broken unless recovery story develops.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Unprofitable operations — net margin -15.0%. Quality floor flags this regardless of sector context.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $10.65: Quality below floor (3.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10. Specifically: High short interest: 17%; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 75. Prior stop was $9.90. Score 4.8/10, moderate confidence.
Analyst target: $11.16 (+4.8% upside). Prior stop was $9.90. Stop-loss: $9.90.
Quality below floor (3.5 < 4.0).
DENTSPLY SIRONA Inc. trades at a P/E of N/A (forward 7.2). TrendMatrix value score: 8.1/10. Verdict: Sell.
23 analysts rate XRAY, with a consensus score of 3.5/5. 15 analysts publish price targets averaging $12.
What does DENTSPLY SIRONA Inc. do?DENTSPLY SIRONA Inc. manufactures professional dental products across four segments — Connected Technology Solutions,...
DENTSPLY SIRONA Inc. manufactures professional dental products across four segments — Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare — sold in approximately 140 countries. About two-thirds of dental consumable and technology products are distributed through third parties; Henry Schein, Inc. accounted for 13% of net sales in 2025.