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To own Stryker, you need to believe in long term demand for its medical technology, supported by demographics, innovation and global expansion, while accepting risks from regulation, pricing and integration. The latest dividend hike and leadership changes do not materially alter the near term focus on resolving supply chain pressures and progressing key EU approvals, which still look like the key catalyst and risk for the story right now.
The most relevant update here is the 4.8% increase in the quarterly dividend to US$0.88 per share, which reinforces income’s role in Stryker’s appeal while attention remains on approvals for products like Insignia and Pangea and the company’s broader international growth ambitions.
However, investors should also be aware of how prolonged EU MDR approval timelines could...
Read the full narrative on Stryker (it's free!)
Stryker's narrative projects $30.4 billion revenue and $5.4 billion earnings by 2028. This requires 8.4% yearly revenue growth and about a $2.5 billion earnings increase from $2.9 billion today.
Uncover how Stryker's forecasts yield a $427.66 fair value, a 21% upside to its current price.
Five members of the Simply Wall St Community value Stryker between US$296.81 and US$427.66 per share, highlighting very different expectations about its potential. You can set those views against the current risk that delayed EU product approvals may weigh on international growth and margins.
Explore 5 other fair value estimates on Stryker - why the stock might be worth as much as 21% more than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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