BTIG cuts target for Stryker stock from USD 358.00 to USD 316.00

Published on 10/14/2026 at 14:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 6.59 billion, up 9.40 percent year over year. Stryker stock costs EUR 252.75 on October 14, 2026 after the Xetra close of EUR 252.65.

Leadership and earnings calendar

The BTIG target fell from USD 358.00 to USD 316.00 on October 12, 2026.
Second-quarter revenue reached USD 6.59 billion and earnings per share stood at USD 3.69 on July 30, 2026.
Stryker stock trades at EUR 252.75 at 1:58 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.04 percent above the Xetra close of October 13, 2026.
Third-quarter results are scheduled for October 29, 2026, while the CEO transition starts January 1, 2027.

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Stryker Corp. (ISIN US8636671013) was trading at EUR 252.75 at Lang & Schwarz on October 14, 2026 at 1:58 p.m. CEST. MarketBeat reported on October 12, 2026 that BTIG Research had cut its target from USD 358.00 to USD 316.00 while keeping a Buy rating.

Target cut tests the recovery case

The reduction equals 11.73 percent from the previous target, calculated against USD 358.00. MarketBeat also listed an average target of USD 369.00 across 24 firms on October 10, 2026, leaving BTIG's new target USD 53.00 below that average.

The latest reported quarter supplied a stronger operating counterpoint. Stryker recorded USD 6.59 billion of revenue and USD 3.69 of earnings per share in the second quarter of 2026, with revenue up 9.40 percent year over year, according to MarketBeat on October 10, 2026.

What does the target cut change?

The analyst reset puts more weight on execution before the next earnings report. Stryker's second-quarter revenue exceeded the USD 6.58 billion consensus cited by MarketBeat, while earnings per share surpassed the USD 3.49 estimate by USD 0.20.

Three dated company events

On July 30, 2026, Stryker reported second-quarter revenue of USD 6.59 billion and earnings per share of USD 3.69, according to MarketBeat. On October 1, 2026, Stryker scheduled its third-quarter results webcast for October 29, 2026 at 4:30 p.m. Eastern time, as reported by StockTitan. On October 6, 2026, Stryker announced that Spencer Stiles would become CEO on January 1, 2027, while Kevin Lobo would become executive chair, according to Investing.com.

Next dates for Stryker

The next scheduled company event is the third-quarter 2026 results release on October 29, 2026, with the webcast at 4:30 p.m. Eastern time. The leadership transition follows on January 1, 2027, when Stiles joins the board and Lobo becomes executive chair.

Stock holds near the daily mark

Stryker stock stood at EUR 252.75 at Lang & Schwarz on October 14, 2026 at 1:58 p.m. CEST, up 0.04 percent versus the Xetra close of October 13, 2026 at EUR 252.65. The EUR 210.60 to EUR 337.30 52-week range and EUR 97.7 billion market capitalization are quoted as of October 14, 2026.

The further course of trading is shown by the continuously updated real-time quote of Stryker stock.