Should I Buy SNN? SNN 2026 Analysis

Should You Buy Smith & Nephew PLC (SNN) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

33.660

1 Day change

-0.59%

52 Week Range

38.790

Analysis Updated At

2026/01/26

Smith & Nephew PLC (SNN) is not a strong buy at the moment for a beginner investor with a long-term strategy. Despite a recent acquisition that could enhance its market competitiveness, the lack of significant positive trading signals, mixed analyst ratings, and hedge fund selling suggest a cautious approach. The stock's technical indicators are neutral, and there are no strong catalysts to drive immediate growth.

Technical Analysis

The MACD histogram is slightly positive at 0.00374, indicating a weak bullish trend. RSI is neutral at 57.745, and moving averages are converging, showing no clear directional momentum. Key support and resistance levels are at S1: 32.118 and R1: 33.829, with the stock trading near resistance levels in the pre-market.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Smith & Nephew's acquisition of Integrity Orthopaedics for $225 million could enhance its shoulder repair technology and market position.

Neutral/Negative Catalysts

Hedge funds are selling, with a 225.80% increase in selling activity over the last quarter. RBC Capital downgraded the stock, citing material risks to guidance and limited near-term catalysts. Analysts have lowered price targets, reflecting concerns about future growth.

Financial Performance

No financial data available for the latest quarter. The company reiterated its expectations for 5% underlying growth and a trading profit margin of 19.0%-20.0% during Q3, with stronger margins expected in the second half of the year.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Mixed ratings. Morgan Stanley maintains an Overweight rating but lowered the price target to 1,482 GBp. RBC Capital downgraded the stock to Sector Perform, citing risks to guidance and limited catalysts. Canaccord maintains a Hold rating with a reduced price target of $34.

2 Analyst Rating

Wall Street analysts forecast SNN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNN is 35.75 USD with a low forecast of 34 USD and a high forecast of 37.5 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

2 Hold

0 Sell

Hold

Current: 33.860

Low

Averages

35.75

High

37.5

Current: 33.860

Low

Averages

35.75

High

37.5

Morgan Stanley

Overweight

NULL

downgrade

AI Analysis

2025-12-15

Reason

Morgan Stanley

Price Target

AI Analysis

2025-12-15

downgrade

Overweight

NULL

Reason

Morgan Stanley lowered the firm's price target on Smith & Nephew to 1,482 GBp from 1,563 GBp and keeps an Overweight rating on the shares.

RBC Capital

Outperform

Sector Perform

downgrade

2025-12-15

Reason

RBC Capital

Price Target

2025-12-15

downgrade

Outperform

Sector Perform

Reason

RBC Capital downgraded Smith & Nephew to Sector Perform from Outperform with a price target of 1,350 GBp, down from 1,700 GBp. The firm sees "material risk" of estimate downgrades to the company's 2026 guidance through the year. RBC's recovery thesis is largely played out and the risk of Smith & Nephew's guidance downgrades "now outweighs limited near-term catalysts," the analyst tells investors in a research note.

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SNN Should I Buy

SNN Should I Buy

Should You Buy Smith & Nephew PLC (SNN) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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