SYK
Moving with its group (XLV +2.6%)
- SYK +3.06% on the last session vs SPY +0.10%: +3.0 pts of stock-specific move.
- The health care ETF (XLV) +2.6% (+2.5 pts vs SPY): the stock moved with its group.
- Aftermath, big gain (+3.1% today so far, past its big-gain line of +1.8%): After its 63 big gains in the past 5 years, SYK was higher a month later 36 times out of 63; half the outcomes fell between -3.7% and +5.1%. History, not a forecast.
- 2 analyst actions in the past 10 days (0 positive, 1 negative); latest: Truist Securities maintained Hold, lowered target $340 → $310.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices SYK only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
286.70 +1.8% reached 3 in 10 days reached today |
293.11 +4.1% reached 3 in 10 weeks |
| Now | 290.23 · prior close 281.62 | |
| Bargain buy side |
276.63 -1.8% reached 3 in 10 days |
270.58 -3.9% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 275.02 | 2 in 10 days | 288.37 | 2 in 10 days |
| Balanced | 276.63 | 3 in 10 days | 286.70 | 3 in 10 days |
| Eager | 278.13 | 4 in 10 days | 285.15 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 267.09 | 2 in 10 weeks | 296.95 | 2 in 10 weeks |
| Balanced | 270.58 | 3 in 10 weeks | 293.11 | 3 in 10 weeks |
| Eager | 273.87 | 4 in 10 weeks | 289.58 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From SYK's daily swings (about 1.8% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among SYK's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| Highest analyst target | 465.00 +60.2% |
| All-time closing high Jul 25, 2025 |
398.20 +37.2% |
| 52-week closing high Feb 27, 2026 |
384.17 +32.4% |
| Mean analyst target | 364.23 +25.5% |
| 200-day average | 325.09 +12.0% |
| 50-day average | 300.00 +3.4% |
| Lowest analyst target | 298.00 +2.7% |
| Stretch, next 5 sessions | 293.11 +1.0% |
| Now | 290.23 |
| Previous close Oct 14, 2026 |
281.62 -3.0% |
| Bargain, next 5 sessions | 270.58 -6.8% |
| 52-week closing low Sep 24, 2026 |
268.90 -7.3% |
Closing prices (all-time = the 47 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.