SYK Price Prediction Next Week
Based on the provided data and technical analysis, here's a comprehensive prediction for SYK's stock price next week:
Technical Analysis
The technical indicators show:
- RSI(14) at 66.50 indicates bullish momentum but approaching overbought territory
- MACD at 5.37 suggests positive momentum
- Current price trading above both SMA-20 (371.40) and SMA-200 (352.53)
- Fibonacci levels indicate key resistance at 392.52 and support at 364.33
News Sentiment Analysis Recent news and analyst coverage are predominantly positive:
- Multiple analysts have raised their price targets, with the current consensus target at $401.58
- Strong Q3 2024 performance with 11.9% year-over-year revenue growth
- Improved operating margin expansion of 130 basis points to 24.7%
- Consistent earnings beats in past quarters
Price Prediction for Next Week Based on technical and fundamental factors:
- Bullish Scenario (60% probability): Price likely to test Fibonacci R1 at 392.52
- Base Scenario (30% probability): Consolidation between 378.42-385.00
- Bearish Scenario (10% probability): Support at Fibonacci S1 364.33
Target Price: 392.50 with strong support at 364.33
Recommendation: BUY
- Entry point: Current market price
- Stop loss: 364.00
- Take profit: 392.50
Key catalysts:
- Continued operational efficiency improvements
- Strong market position in medical technology sector
- Positive analyst sentiment with multiple recent price target upgrades
- Robust earnings growth trajectory
SYK Similar Chart Price Prediction
The price of SYK is predicted to go up -19.51%, based on the high correlation periods with NXE. The similarity of these two price pattern on the periods is 95.75%.
SYK
NXE
Down: -19.51%Similarity: 95.75%
SYK Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
SYK Price Forecast($)
Potential Return(%)
2025
363.010
0.410
2026
420.000
16.180
2027
300.000
-16.370
2028
500.000
38.300
2029
480.000
32.830
2030
520.000
43.900
What is SYK stock price prediction 2025 ?
What is SYK stock price prediction 2026 ?
What is SYK stock price prediction 2027 ?
What is SYK stock price prediction 2028 ?
What is SYK stock price prediction 2029 ?
What is SYK stock price prediction 2030 ?
SYK Revenue Forecast
SYK EPS Forecast
SYK FAQs
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SYK VS S&P500
Stryker made the most of its three-year head start in placing its Mako robots in hospitals, leaving Zimmer Biomet and Johnson & Johnson to play catch-up.
As hospitals and healthcare systems aim to consolidate suppliers, Stryker should benefit because those customers are more likely to stick with the most widely used brands to accommodate more of their surgeons.
Considering how resistant orthopedic surgeons are to hospital efforts to restrict brand choice and the slow transition to hospital employment, we think surgeon influence will wane slowly.
SYK Analyst's Forecast
Richard Newitter
Truist Securities
Hold
Price Target
$380 → $409
Upside
+13.87%
Truist analyst Richard Newitter raised the firm's price target on Stryker to $409 from $380 and keeps a Hold rating on the shares as part of a broader research note previewing 2025 in Medical Technology. The firm sees the sector as "one of the better/safer houses" in healthcare given its lower "front-line" exposure to healthcare policy rhetoric that is tied to the administration change as well as its position as an "innovation segment" with sustainable above-average revenue and EPS growth, strong balance sheets, and healthy free cash flows. Truist adds that it prefers small-mid size companies over large caps as M&A may be "poised to heat up".
Mike Matson
Needham
Strong Buy
Price Target
$409 → $442
Upside
+17.85%
Joanne Wuensch
Citigroup
Strong Buy
Price Target
$411 → $450
Upside
+19.63%