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SYKStryker CorporationHold5.2·$326.54+4.20%
HoldModerate Confidence
Investment thesis

Stryker Corporation combines a near-perfect financial quality score with 13% analyst upside potential from $308, but a confirmed technical downtrend marked by a death cross and price below the 200-day moving average represents a meaningful timing risk that investors must weigh before establishing or adding to a position.

Thesis pillars

  • Top Tier Financial QualityStable
  • Analyst Upside Consensus TargetStable
  • Confirmed Technical DowntrendStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Stryker Corporation (SYK) Stock Analysis

Recovery setup · Catalyst-Driven edge

HoldVALUE-TRAP 1/5Moderate Confidence

Healthcare · Medical Devices

Hold if already holding. Not a fresh buy at $326.54, but acceptable to hold if already in. Reasons: Concentration risk — Product: MedSurg and Neurotechnology (62.0%); Concentration risk — Supplier: sole-source suppliers.

Stryker manufactures and sells medical devices and technologies across two segments: MedSurg and Neurotechnology ($15.6 billion, 62% of net sales) and Orthopaedics ($9.5 billion, 38%), with products sold in approximately 61 countries. The company reported $25.1 billion in total... Read more

$326.54+6.6% A.UpsideScore 5.2/10#39 of 64 Medical Devices
QualityF-score9 / 9FCF yield3.48%
IncomeYield1.08%(5y avg 0.99%)Payout39.81%sustainable
Stop $305.22Target $348.12(analyst − 10%)A.R:R 0.7:1
Analyst target$386.80+18.5%25 analysts
$348.12our TP
$326.54price
$386.80mean
$465

Hold if already holding. Not a fresh buy at $326.54, but acceptable to hold if already in. Reasons: Concentration risk — Product: MedSurg and Neurotechnology (62.0%); Concentration risk — Supplier: sole-source suppliers. Chart setup: Death cross but MACD improving, RSI 62. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.2/10, moderate confidence.

Passes 6/10 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 27d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: moderate.

10-K grounded · weekly refresh

About Stryker Corporation

About Stryker Corporation

Stryker generated $25.1 billion in net sales in 2025, split between the MedSurg and Neurotechnology segment at $15.6 billion (62%) and the Orthopaedics segment at $9.5 billion (38%), with products sold in approximately 61 countries. The Mako SmartRobotics platform is deployed in more than 45 countries, and more than two million cumulative robotic procedures have been performed globally across total knee, total hip, and partial knee applications. The company employed approximately 56,000 people globally at December 31, 2025.

Stryker sells medical devices directly to hospitals and healthcare facilities, with indirect distribution channels used in markets where direct access is limited. Within MedSurg and Neurotechnology, Medical contributed $4.2 billion (27% of the segment), Endoscopy $3.8 billion (24%), Instruments $3.2 billion (20%), Neuro Cranial $2.5 billion (16%), and Vascular $2.0 billion (13%) in 2025. Within Orthopaedics, Trauma and Extremities led at $3.9 billion (42%), followed by Knees at $2.7 billion (28%) and Hips at $1.9 billion (20%). Competitors in Instruments include Zimmer Biomet, Medtronic, Johnson & Johnson MedTech, and ConMed Linvatec; in joint replacement, Stryker competes with Zimmer, Johnson & Johnson MedTech, and Smith & Nephew. Certain raw materials, components, and finished devices are procured from sole-source suppliers due to quality, intellectual property, and regulatory validation requirements, which may expose the company to product shortages if those suppliers face disruptions. Stryker acquired Inari Medical in 2025, integrating it into the Vascular business unit.

Show full overview

Stryker's products are subject to the European Union Medical Device Regulation, which imposes stricter clinical, quality, and post-market surveillance requirements with staggered compliance deadlines ranging from May 2026 through December 2028 depending on device type. China has implemented a volume-based procurement process for medical devices that has increased pricing pressure in that market. Tariffs enacted by the United States government and potential retaliatory measures by trading partners may further constrain supply chain availability. In May 2026, Stryker disclosed via Form 8-K that Vice President and Chief Accounting Officer William E. Berry Jr. will retire effective September 1, 2026, with Emily Baculik, current Corporate Controller, named as successor Chief Accounting Officer.

See also: Healthcare · Medical Devices

From Stryker Corporation's most recent 10-K filing, extracted June 11, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 30, 202627d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Positive news sentiment (+0.67)
High-quality business
Risks
Concentration risk — Product: MedSurg and Neurotechnology (62.0%)
Concentration risk — Supplier: sole-source suppliers
Thin upside margin: 6.6%

Key Metrics

P/E (TTM)37.8
P/E (Fwd)19.5
Mkt Cap$125.2B
EV/EBITDA19.9
Profit Mgn13.2%
ROE15.2%
Rev Growth2.6%
Beta0.78
Dividend1.08%
Rating analysts35

Quality Signals

Piotroski F9/9MoatNarrow

Options Flow

P/C1.00neutral
IV48%normal

Concentration Risks(10-K Item 1A)

  • HIGHProductMedSurg and Neurotechnology62%
    10-K Item 1: 'MedSurg and Neurotechnology | $15,647 | 62%'
  • HIGHSuppliersole-source suppliers
    10-K Item 1A: 'several raw materials, components, finished devices and services are procured from a sole source due to...quality considerations, unique intellectual property considerations or constraints associated with regulatory requirements'

Material Events(8-K, last 90d)

  • 2026-05-20Item 5.02MEDIUM
    VP and Chief Accounting Officer William E. Berry Jr. to retire effective September 1, 2026. Emily Baculik, current VP/Corporate Controller, named as successor Chief Accounting Officer effective the same date.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
2.2
Value Rank
3.1
Quality Rank
8.2
Superior ROE vs peersBest-in-class margins

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.8
Support Resistance
2.0
Gap
5.0
52w Position
6.3
GatesA.R:R 0.7 < 1.5@spotDeath cross (50MA < 200MA)Momentum 4.8<5.5 (soft — BUY_NOW allowed but watch)Executive change: officer departure/appointmentMomentum 4.8>=4.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 27d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
62 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $297.23Resistance $333.86

Price Targets

$305
$348
A.Upside+6.6%
A.R:R0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! NEWS_MOD=+2: SELL_IF_HOLDING → HOLD_IF_HOLDING
! asymmetry at 0.7 (below the engine's 1.5 threshold)@spot
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-30 (27d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SYK stock a buy right now?

Hold if already holding. Not a fresh buy at $326.54, but acceptable to hold if already in. Reasons: Concentration risk — Product: MedSurg and Neurotechnology (62.0%); Concentration risk — Supplier: sole-source suppliers. Chart setup: Death cross but MACD improving, RSI 62. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $348.12 (+6.6%), stop $305.22 (−7.0%), A.R:R 0.7:1. Score 5.2/10, moderate confidence.

What is the SYK stock price target?

Take-profit target: $348.12 (+6.6% upside). Target $348.12 (+6.6%), stop $305.22 (−7.0%), A.R:R 0.7:1. Stop-loss: $305.22.

What are the risks of investing in SYK?

Concentration risk — Product: MedSurg and Neurotechnology (62.0%); Concentration risk — Supplier: sole-source suppliers; Thin upside margin: 6.6%.

Is SYK overvalued or undervalued?

Stryker Corporation trades at a P/E of 37.8 (forward 19.5). TrendMatrix value score: 4.9/10. Verdict: Hold.

What do analysts say about SYK?

35 analysts cover SYK with a consensus score of 4.1/5. Average price target: $387.

What does Stryker Corporation do?Stryker manufactures and sells medical devices and technologies across two segments: MedSurg and Neurotechnology ($15.6...

Stryker manufactures and sells medical devices and technologies across two segments: MedSurg and Neurotechnology ($15.6 billion, 62% of net sales) and Orthopaedics ($9.5 billion, 38%), with products sold in approximately 61 countries. The company reported $25.1 billion in total net sales for 2025, employing approximately 56,000 people globally. Mako SmartRobotics for joint replacement is available in more than 45 countries, with over two million robotic procedures performed to date.

Related stocks: BSX (Boston Scientific Corporation) · DXCM (DexCom, Inc.) · SNN (Smith & Nephew SNATS, Inc.) · ZBH (Zimmer Biomet Holdings, Inc.) · STE (STERIS plc (Ireland))
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