On April 13, 2026, Leerink Partners initiated coverage of Stryker Corporation (NYSE:SYK) with an “Outperform” rating, projecting a potential upside of 24.49%. The average one-year price target is set at $432.23 per share, with forecasts ranging from $321.07 to $492.45. This forecast represents a significant increase from Stryker’s latest closing price of $347.19 per share.
Stryker’s projected annual revenue for 2026 is $21.4 billion, a decrease of 14.78%. As of the latest quarter, 2,341 funds reported positions in Stryker, a drop of 935 owners or 28.54%. Total institutional shares owned decreased by 11.38% to 301,718K shares. The current put/call ratio for Stryker stands at 0.83, indicating a bullish sentiment among investors.
Key institutional shareholders include Greenleaf Trust with 16,564K shares (4.33% ownership), J.P. Morgan Chase with 12,145K shares (3.18% ownership), and Wellington Management Group with 6,493K shares (1.70% ownership), reflecting mixed trends in portfolio allocations over the last quarter.
