Finance
Stryker raises annual profit forecast on strong sales for medical devices
Published by Global Banking and Finance Review
Posted on January 29, 2026
2 min readLast updated: January 29, 2026
Quick Summary
Stryker raised its profit forecast, driven by strong sales in medical devices, with expected earnings per share of $14.90 to $15.10.
Stryker Ups Annual Profit Outlook Amid Strong Medical Device Sales
Stryker's Financial Performance and Outlook
By Bageshri Banerjee
Fourth Quarter Earnings
Jan 22 - Medical equipment maker Stryker raised its full-year profit forecast on Thursday, banking on strong sales of its implants and other medical devices.
Impact of Tariffs
Shares of the company rose as much as 3% in extended trading.
Sales Growth by Segment
The company, which makes joint replacements and medical implants to repair broken bones, now expects full-year earnings per share of $14.90 to $15.10, compared with its previous outlook of $13.50 to $13.60.
The upbeat forecast comes on the back of strong earnings in the fourth quarter, where Stryker posted earned $4.47 per share on an adjusted basis, compared with the average of analysts' estimates of $4.40 per share, according to data compiled by LSEG.
"Having surpassed $25 billion in (annual) revenue, we enter 2026 with significant momentum and are poised to continue delivering growth at the high end of MedTech," CEO Kevin A. Lobo said in a statement.
Medical device makers have benefited from strong demand for surgical procedures in the last few quarters, but recent tariffs by U.S. President Donald Trump's administration have impacted the company.
In a post-earnings call, Lobo said he expects tariff impacts in 2026 to be about $400 million, which would be $200 million higher than the hit last year. The addition impact "will be realized in the first half of the year," Lobo added.
Stryker had previously said it planned to offset any tariff hit by optimizing its manufacturing footprint.
Sales at Stryker's medical surgery and neurotechnology unit rose 17.5% to $4.6 billion in the quarter, while its orthopedics segment saw a 2.2% increase in sales to $2.6 billion.
The Dublin-based company reported total revenue for the quarter ended December 31 of $7.17 billion, above analysts' expectations of $7.12 billion, according to data compiled by LSEG.
(Reporting by Bageshri Banerjee in Bengaluru; Editing by Alan Barona and Leroy Leo)
Key Takeaways
- •Stryker raises its annual profit forecast due to strong sales.
- •The company expects earnings per share of $14.90 to $15.10.
- •Fourth quarter earnings surpassed analysts' expectations.
- •Tariffs are expected to impact Stryker by $400 million in 2026.
- •Sales in medical surgery and neurotechnology rose by 17.5%.
Frequently Asked Questions about Stryker raises annual profit forecast on strong sales for medical devices
1What is sales growth?
Sales growth refers to the increase in a company's sales over a specific period, often expressed as a percentage.
