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Smith & Nephew Snats (SNN)
NYSE:SNN

Smith & Nephew Snats (SNN) AI Stock Analysis

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SNN

Smith & Nephew Snats

(NYSE:SNN)

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Neutral 69 (OpenAI - 4o)
Rating:69Neutral
Price Target:
$36.00
▲(5.39% Upside)
Action:DowngradedDate:11/07/25
Smith & Nephew Snats' strong financial performance and positive earnings call are the main drivers of its stock score. However, bearish technical indicators and a high P/E ratio temper the overall outlook. The company's strategic initiatives, such as the share buyback, reflect confidence in its financial health, but challenges in emerging markets and tariff impacts pose risks.
Positive Factors
Revenue Growth
Consistent revenue growth across all regions and business units indicates strong market demand and effective business strategies, supporting long-term financial health.
Cash Flow Generation
Robust cash flow generation enhances financial flexibility, enabling strategic investments and shareholder returns, which are crucial for sustainable growth.
Product Innovation
Growth in Advanced Wound Management reflects successful product innovation and market adaptation, strengthening competitive positioning in the medical technology sector.
Negative Factors
Emerging Markets Challenges
Declines in emerging markets, particularly China, could limit growth opportunities and revenue diversification, impacting long-term expansion strategies.
Tariff Impacts
Tariff-related costs can erode profit margins and increase operational expenses, posing a risk to financial performance and competitiveness.
Reimbursement Headwinds
Potential changes in reimbursement policies may affect sales and profitability, particularly in Advanced Wound Management, challenging future revenue streams.

Smith & Nephew Snats (SNN) vs. SPDR S&P 500 ETF (SPY)

Smith & Nephew Snats Business Overview & Revenue Model

Company DescriptionSmith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices worldwide. The company offers knee implant products for knee replacement procedures; hip implants for the reconstruction of hip joints; and trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures. It also provides sports medicine joint repair products for surgeons, including instruments, technologies, and implants necessary to perform minimally invasive surgery of the joints, such as the repair of soft tissue injuries and degenerative conditions of the knee, hip, and shoulder, as well as meniscal repair systems. In addition, the company offers arthroscopic enabling technologies comprising fluid management equipment for surgical access, high-definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency, electromechanical and mechanical tissue resection devices, and hand instruments for removing damaged tissue; and ear, nose, and throat solutions. Further, it provides advanced wound care products for the treatment and prevention of acute and chronic wounds, which comprise leg, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound bioactives, including biologics and other bioactive technologies for debridement and dermal repair/regeneration, as well as regenerative medicine products including skin, bone graft, and articular cartilage substitutes; and advanced wound devices, such as traditional and single-use negative pressure wound therapy, and hydrosurgery systems. It primarily serves the healthcare providers. Smith & Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom.
How the Company Makes MoneySmith & Nephew Snats generates revenue through the sale of medical devices and products across its key sectors. The company's primary revenue streams include the sale of advanced wound care products, orthopedic implants, and surgical instruments. Revenues are significantly bolstered by ongoing partnerships with hospitals, clinics, and healthcare providers, which facilitate the distribution of their products. Additionally, SNN invests in research and development to innovate and expand its product offerings, which helps to maintain competitive pricing and capture new market segments. The company also benefits from recurring revenue through consumable products that require regular replenishment.

Smith & Nephew Snats Key Performance Indicators (KPIs)

Any
Any
Revenue by Geography
Revenue by Geography
Breaks down revenue across different regions, revealing where the company is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Chart InsightsSmith & Nephew's revenue growth in established markets remains robust, driven by strategic improvements and strong performance in the U.S., which saw an 8.7% increase. However, emerging markets face challenges, particularly in China, leading to a slight decline. The company is focusing on operational efficiencies and a significant share buyback, reflecting confidence in its financial health. Despite tariff headwinds and specific segment challenges, the overall outlook is positive, with continued emphasis on profitability and cash flow generation.
Data provided by:The Fly

Smith & Nephew Snats Earnings Call Summary

Earnings Call Date:Mar 02, 2026
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Jul 30, 2026
Earnings Call Sentiment Positive
The call conveyed strong execution and momentum: double-digit improvement in key profitability and cash metrics for FY2025 (margin expansion, $840M free cash flow, adjusted EPS +21%), broad-based revenue growth across business units, record adoption of CORI robotics, and clear cost-savings progress. Management provided constructive FY2026 guidance (~6% organic revenue growth, ~8% trading profit growth) and a disciplined capital allocation approach including targeted M&A (Integrity) aligned with strategy. Offsetting these positives are significant, but largely manageable, near-term headwinds: China VBP effects (now smaller on top line but still weighing on profit), CMS skin-substitute reimbursement changes (material near-term pressure on that subcategory), tariff and reimbursement impacts, and a one-off $159M portfolio rationalization charge. Overall the positives (growth, margin expansion, cash generation, innovation pipeline and cost savings) materially outweigh the near-term challenges and one-off charges, with a credible plan to offset headwinds and deliver further improvement over the medium term.
Q4-2025 Updates
Positive Updates
Full-Year Revenue Growth
FY2025 revenue of $6.2B, up 5.3% underlying (6.1% reported), ahead of guidance; 2022–2025 revenue CAGR of 5.7%.
Strong Q4 Performance
Q4 revenue of $1.7B, up 6.2% underlying and 8.3% reported (210 bps FX tailwind); average daily sales growth of 4.5% and broad-based regional growth (U.S. +5.6%, other established +7.2%, emerging +6.4%).
Margin Expansion and Trading Profit
Trading profit rose to $1.2B for the year (+$162M year-on-year) and trading margin expanded 160 basis points to 19.7% in FY2025 (gross margin 70.9%, +60 bps).
Cash Generation and Returns
Free cash flow of $840M, up 52.5% year-on-year and well ahead of initial guidance (> $600M); net debt $2.76B with leverage ~1.7x adjusted net debt/EBITDA; ROIC improved to 8.3% (9.9% excluding portfolio rationalization).
Operational Progress and Cost Savings
Cumulative efficiency savings of $280M achieved to end-2025 against a $325–375M by-2027 target; 160 bps FY25 margin expansion driven by enterprise-wide cost savings, manufacturing optimization, productivity and portfolio rationalization; group days sales inventory reduced materially (group DSI down 21 days excl. rationalization, 51 days incl.).
Innovation-led Growth
Over 60% of 2025 growth came from products launched in the last five years; 44 product launches over the last 3 years and guidance to launch 16 products in 2026; record CORI placements globally with 45% of CORI placements in ASCs and CORI-associated accounts showing Knee growth ~850 bps higher.
Portfolio and Capital Actions
Completed $500M share buyback in H2 2025; adjusted EPS grew 21% to $1.02 (benefitting from buyback); full-year dividend proposed +4.3% to $0.391; announced acquisition of Integrity Orthopaedics (up to $450M) to strengthen shoulder/rotator cuff franchise.
Negative Updates
China VBP Headwinds
China Value-Based Procurement (VBP) created a peak FY2025 headwind of ~170 basis points to group growth; Greater China sales fell roughly one-third from ~$210–220M in 2024 to ~$160M in 2025; China expected to be broadly neutral on top-line in 2026 but to reduce profit by ~$15–20M due to AET/ENT VBP.
Skin Substitutes / CMS Reimbursement Impact
CMS pricing cap and reimbursement changes expected to reduce prices in the physician office/mobile channels by ~20–25% for Smith & Nephew's skin-substitute portfolio, implying ~15–20% revenue reduction in that subcategory and an estimated $20–40M incremental negative impact to trading profit in 2026.
Bioactives Softness and AWM Modest Growth
Bioactives declined 0.5% in Q4 2025 as the business lapped a prior-year product launch and faced channel slowdown; Advanced Wound Management grew only 2.8% in Q4 (AWC +4.4%), indicating slower momentum in some wound subsegments.
Inventory / Portfolio Rationalization Charge
A $159M inventory/portfolio rationalization charge was recognized related to SKU rationalization (circa two-thirds reduction in Ortho SKUs and ~10% Sports SKU reduction); this is a one-off but reduces near-term reported profitability and required inventory adjustments.
Ortho U.S. Knees Inconsistency and Near-Term Phasing
U.S. Knee growth has been inconsistent despite recent improvement; management expects a softer Q1 2026 and deliberate trade-offs on growth/profit/asset efficiency as LANDMARK knee rollout and commercialization investments are phased (aiming for market growth by Q4).
Near-Term Headwinds to Profitability
Extraordinary headwinds called out for 2026 include increased tariffs (~$60M vs $17M in 2025), potential $20–40M impact from wound reimbursement changes, inventory revaluation and ENT VBP in China; Integrity acquisition is expected to be marginally dilutive to trading profit in 2026 (neutral in 2027, accretive in 2028).
Modest FY2026 Free Cash Flow Guidance and Increased Restructuring
Free cash flow guidance for 2026 is around $800M (slightly below FY2025 $840M) and management expects a small temporary increase in restructuring costs in 2026 relating to manufacturing network optimization (site closures and transitions).
Company Guidance
Smith & Nephew guided 2026 to around 6% organic revenue growth and roughly 8% organic trading profit growth (with trading profit expected to grow ahead of revenue), and advised total trading profit of about $1.3 billion including the Integrity Orthopaedics acquisition (marginally dilutive in 2026, broadly neutral in 2027 and accretive in 2028). Management expects free cash flow of ~ $800 million in 2026, group ROIC >10% excluding Integrity, and finished 2025 with leverage of ~1.7x adjusted net debt/EBITDA (buybacks to be considered subject to a ~2x target), while maintaining a dividend payout ratio of 35–40%. Guidance is phased to a stronger second half (H1 revenue growth ~4.5–5% and H2 ~7.5–8%; profit growth H1 ~5.5–6% and H2 ~9–10%), factors in one fewer trading day in Q1 and one extra in Q4, and assumes headwinds of c.$60m from tariffs (vs $17m in 2025) and $20–40m incremental impact from wound reimbursement that management expects to more than offset via ~ $150m of savings in 2026 plus revenue leverage. The company also reiterated its mid‑term RISE ambitions of 6–7% organic revenue CAGR, 9–10% trading profit CAGR, >$1bn free cash flow in 2028 and 12–13% ROIC by 2028.

Smith & Nephew Snats Financial Statement Overview

Summary
Smith & Nephew Snats demonstrates strong financial health with impressive revenue and profit growth, solid profitability margins, and efficient cash flow management. Despite a slight increase in leverage, the company's balanced capital structure and improved returns to shareholders position it well in the Medical Equipment & Supplies industry.
Income Statement
85
Very Positive
Smith & Nephew Snats has shown consistent revenue growth with a notable increase of 4.7% from 2023 to 2024. The gross profit margin stands strong at 69.6%, highlighting effective cost management. The net profit margin improved significantly from 4.7% in 2023 to 7.1% in 2024, demonstrating enhanced profitability. EBIT and EBITDA margins increased to 11.3% and 21.3% respectively, reflecting operational efficiency improvements.
Balance Sheet
78
Positive
The company maintains a solid equity position with an equity ratio of 50.8% in 2024, indicating a balanced capital structure. However, the debt-to-equity ratio increased slightly to 0.63, suggesting a cautious approach to leverage. ROE improved to 7.8%, signifying better returns to shareholders, driven by increased net income.
Cash Flow
82
Very Positive
Smith & Nephew Snats experienced a robust free cash flow growth of 234.8%, indicating strong cash generation capabilities. The operating cash flow to net income ratio of 2.40 reflects efficient cash management. The free cash flow to net income ratio of 1.47 further supports the company’s strong cash flow position.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue5.97B5.81B5.55B5.21B5.21B4.56B
Gross Profit4.18B4.05B3.82B3.67B3.67B3.16B
EBITDA1.44B1.24B956.00M874.00M1.24B866.00M
Net Income493.64M412.00M263.00M223.00M524.00M448.00M
Balance Sheet
Total Assets10.68B10.35B9.99B9.97B10.92B11.01B
Cash, Cash Equivalents and Short-Term Investments675.41M619.00M302.00M350.00M1.29B1.76B
Total Debt3.45B3.32B3.08B2.87B3.34B3.69B
Total Liabilities5.15B5.09B4.77B4.71B5.35B5.73B
Stockholders Equity5.53B5.26B5.22B5.26B5.57B5.28B
Cash Flow
Free Cash Flow799.32M606.00M181.00M110.00M469.00M492.00M
Operating Cash Flow1.15B987.00M608.00M468.00M877.00M935.00M
Investing Cash Flow-345.22M-569.00M-448.00M-472.00M-691.00M-606.00M
Financing Cash Flow-676.96M-86.00M-200.00M-926.00M-645.00M1.16B

Smith & Nephew Snats Technical Analysis

Technical Analysis Sentiment
Positive
Last Price34.16
Price Trends
50DMA
34.16
Positive
100DMA
34.25
Positive
200DMA
33.46
Positive
Market Momentum
MACD
0.66
Positive
RSI
54.40
Neutral
STOCH
74.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNN, the sentiment is Positive. The current price of 34.16 is below the 20-day moving average (MA) of 35.62, above the 50-day MA of 34.16, and above the 200-day MA of 33.46, indicating a bullish trend. The MACD of 0.66 indicates Positive momentum. The RSI at 54.40 is Neutral, neither overbought nor oversold. The STOCH value of 74.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNN.

Smith & Nephew Snats Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
$50.63B48.2610.43%0.19%65.58%
72
Outperform
$148.11B46.1315.08%0.95%10.95%-18.32%
71
Outperform
$125.95B27.269.38%2.76%5.34%13.15%
69
Neutral
$14.94B32.649.20%2.28%5.78%61.52%
68
Neutral
$113.10B39.3012.60%21.62%54.80%
65
Neutral
$19.47B27.745.60%1.05%5.47%-23.03%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SNN
Smith & Nephew Snats
35.76
6.81
23.50%
BSX
Boston Scientific
76.22
-28.65
-27.32%
EW
Edwards Lifesciences
87.18
15.79
22.12%
MDT
Medtronic
98.10
6.68
7.31%
SYK
Stryker
387.02
-5.22
-1.33%
ZBH
Zimmer Biomet Holdings
99.49
-4.86
-4.66%

Smith & Nephew Snats Corporate Events

Smith+Nephew to Acquire Integrity Orthopaedics to Bolster Shoulder Repair Portfolio
Jan 12, 2026

On 12 January 2026, Smith+Nephew announced the acquisition of US-based Integrity Orthopaedics, an early-stage commercial developer of the Tendon Seam rotator cuff repair system, in a deal worth up to $450 million, including an initial $225 million in cash and performance-based payments over five years. The Tendon Seam technology, which received FDA 510(k) clearance in 2023, is designed to lower re-tear rates and simplify rotator cuff surgery in a US market estimated at $875 million, and will bolster Smith+Nephew’s already broad shoulder portfolio that includes the REGENETEN Bioinductive Implant, Q-FIX All-Suture Anchor and AETOS Shoulder System; financed from existing cash and expected to be accretive to trading profit margins by 2028 while keeping leverage below 2x EBITDA, the deal advances the company’s RISE growth strategy and strengthens its bid for global leadership in sports medicine shoulder repair.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Updates Share Capital and Voting Rights as of Year-End 2025
Jan 2, 2026

As of 31 December 2025, Smith & Nephew plc reported a total issued share capital of 877,724,845 ordinary shares of US$0.20 each, of which 27,963,140 are held in treasury, leaving 849,761,705 ordinary shares with voting rights. The company stated on 2 January 2026 that this voting share count should be used by investors as the denominator when assessing whether they must disclose holdings or changes in holdings under the UK Financial Conduct Authority’s disclosure and transparency rules, clarifying the reference base for regulatory notifications and shareholder reporting obligations.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith+Nephew Unveils RISE Strategy and 2028 Financial Targets
Dec 8, 2025

On December 8, 2025, Smith+Nephew announced its new RISE strategy and financial targets for 2028 at its Capital Markets Day in London. The strategy aims to elevate financial and operational performance, focusing on reaching more patients, innovating product offerings, scaling operations, and executing efficiently. The company updated its 2025 full-year guidance, expecting a trading profit margin of at least 19.5% and free cash flow around $800 million. Smith+Nephew also plans to rationalize its product portfolio, estimating a $200 million non-cash inventory provision in 2025 to simplify offerings and improve capital efficiency. The RISE strategy is expected to deliver significant shareholder value and solidify Smith+Nephew’s leadership in healthcare innovation.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Snats Updates Share Capital Structure
Dec 1, 2025

Smith & Nephew Snats, a company listed on the London Stock Exchange, announced that as of November 30, 2025, its total issued share capital consists of 877,724,845 ordinary shares, with 28,000,826 held in treasury. This results in 849,724,019 ordinary shares with voting rights, which shareholders should use as the denominator for determining their interests according to the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Executives Acquire Shares in Employee Stock Plan
Nov 19, 2025

Smith & Nephew plc announced on November 19, 2025, that key executives participated in the company’s Employee Stock Purchase Plan, acquiring American Depositary Shares through the Dividend Re-Investment Plan after the interim dividend payment on November 7, 2025. This transaction, conducted on the New York Stock Exchange, underscores the company’s commitment to aligning managerial interests with shareholder value, potentially enhancing stakeholder confidence.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew’s Major Holdings Change with BlackRock
Nov 18, 2025

Smith & Nephew plc, a UK-based company, reported a change in major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc. On November 14, 2025, BlackRock’s voting rights in Smith & Nephew reached a total of 7.17%, with 5.01% attached to shares and 2.16% through financial instruments. This change was officially notified on November 17, 2025.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Announces Vesting of CEO’s Restricted Shares
Nov 12, 2025

On November 11, 2025, Smith & Nephew plc announced the vesting of 3,016 restricted shares awarded to CEO Deepak Nath under an agreement from April 2022. A portion of these shares was sold to meet tax obligations, reflecting the company’s adherence to regulatory requirements and impacting its financial disclosures. This transaction, conducted on the London Stock Exchange, underscores the company’s commitment to transparent governance and may influence stakeholder perceptions regarding executive compensation practices.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Announces Change in Major Holdings by BlackRock
Nov 12, 2025

On November 10, 2025, Smith & Nephew plc, a UK-based company, reported a change in major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc. The notification revealed that BlackRock’s voting rights in Smith & Nephew decreased slightly from 7.18% to 7.17%, with a total of 60,996,414 voting rights held. This adjustment in holdings reflects a minor shift in BlackRock’s investment position, which could have implications for the company’s influence over Smith & Nephew’s strategic decisions.

The most recent analyst rating on (SNN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Executives Participate in Share Purchase Plan Post-Dividend
Nov 10, 2025

On November 7, 2025, Smith & Nephew plc announced the purchase of ordinary shares through its Dividend Re-Investment Plan following the interim dividend payment. This transaction, disclosed under the UK Market Abuse Regulation, involved key executives, including the CEO and presidents of various divisions, purchasing shares at a price of £12.4048 each. This move reflects the company’s commitment to aligning managerial interests with shareholder value, potentially impacting its market position positively.

The most recent analyst rating on (SNN) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Announces Key ADS Purchase by Executive
Nov 7, 2025

On November 6, 2025, Smith & Nephew plc announced a significant transaction involving the purchase of American Depositary Shares (ADS) by Ajay Dhankhar, the Chief Corporate Strategy & Development Officer, on the New York Stock Exchange. This transaction, disclosed under the UK Market Abuse Regulation, highlights the company’s ongoing strategic activities and could indicate confidence in the company’s future performance, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (SNN) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Announces ADS Purchase by KAGAMA Family Investments
Nov 7, 2025

Smith & Nephew plc, a company operating in the medical technology industry, announced a transaction involving the purchase of American Depositary Shares (ADS) by KAGAMA Family Investments, LP, which is closely associated with Garheng Kong, an Independent Non-Executive Director. The transaction, which took place on November 6, 2025, at the New York Stock Exchange, involved the purchase of 3,000 ADS at a price of $33.9773 each. This notification is made in compliance with the UK Market Abuse Regulation, reflecting the company’s commitment to transparency in its financial dealings.

The most recent analyst rating on (SNN) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith+Nephew Appoints Thérèse Esperdy as Senior Independent Director Designate
Nov 6, 2025

Smith+Nephew has announced the appointment of Thérèse Esperdy as an independent Non-Executive Director and Senior Independent Director designate, effective December 1, 2025. Esperdy, who brings extensive experience from her roles in financial services and as a board member of international businesses, will succeed Angie Risley following the company’s AGM in May 2026. This strategic appointment is expected to enhance the company’s governance and strengthen its board with Esperdy’s expertise, particularly in highly regulated industries.

The most recent analyst rating on (SNN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Reports Strong Q3 2025 Growth and Raises Cash Flow Guidance
Nov 6, 2025

Smith & Nephew reported a 5.0% underlying revenue growth in the third quarter of 2025, with total revenue reaching $1,501 million. The company highlighted strong performance in its orthopaedics, sports medicine, and advanced wound management divisions, driven by new product launches and strategic initiatives. The company maintained its full-year revenue and profit margin outlook while raising its free cash flow guidance to $750 million, reflecting improved operational efficiency. A $500 million share buyback was completed, showcasing robust cash generation. Smith & Nephew’s strategic focus on innovation and product launches continues to bolster its market position and drive growth.

The most recent analyst rating on (SNN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Reports Strong Q3 2025 Growth and Raises Cash Flow Guidance
Nov 6, 2025

Smith & Nephew reported a 5.0% underlying revenue growth in the third quarter of 2025, with a total revenue of $1,501 million, driven by strong performance in orthopaedics, sports medicine, and advanced wound management. The company has completed a $500 million share buyback and raised its free cash flow guidance to $750 million, reflecting robust cash generation and operational efficiency. New product launches, such as the CORIOGRAPH Pre-Op Planning and Modeling Services and the CENTRIO PRP System, have contributed significantly to revenue growth, supporting the company’s strategic goals and enhancing its market position.

The most recent analyst rating on (SNN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Updates Share Capital and Voting Rights
Nov 3, 2025

On October 31, 2025, Smith & Nephew plc reported its total issued share capital, comprising 877,724,845 ordinary shares, with 29,017,524 held in treasury. This results in 848,707,321 shares with voting rights, a crucial figure for shareholders under the FCA’s Disclosure Guidance and Transparency Rules. This announcement ensures transparency and aids stakeholders in understanding their voting power and obligations.

The most recent analyst rating on (SNN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

BlackRock Increases Stake in Smith & Nephew
Oct 23, 2025

On October 22, 2025, BlackRock, Inc. crossed a significant threshold in its voting rights in Smith & Nephew, reaching a total of 7.18%. This change in holdings, notified on October 23, 2025, reflects a slight increase from their previous position and could impact Smith & Nephew’s shareholder dynamics and influence within the company.

The most recent analyst rating on (SNN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Confirms Interim Dividend Payment for November 2025
Oct 22, 2025

Smith & Nephew plc, a global medical technology company, announced that an interim dividend of 15.0 US cents per ordinary share will be paid on November 7, 2025. Shareholders in the UK or those who opted for sterling dividends will receive 11.26 pence per share. This announcement, initially made on August 5, 2025, reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (SNN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Smith & Nephew Releases Six-Monthly Block Listing Return
Oct 16, 2025

On October 16, 2025, Smith & Nephew plc released its six-monthly block listing return, detailing the status of various share schemes from February 1 to July 31, 2025. The report highlights that the Global Share Plan 2010 saw 206 securities issued, leaving 3,756 unallotted, while the Global Share Plan 2020 issued 5,758 securities, with 403,258 remaining unallotted. Other schemes, such as the Smith & Nephew ShareSave Plan and International ShareSave Plan, reported no new issuances, maintaining their previous balances. This update provides stakeholders with insights into the company’s equity distribution and potential future financial strategies.

The most recent analyst rating on (SNN) stock is a Hold with a $37.50 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

BlackRock Adjusts Voting Rights in Smith & Nephew
Oct 14, 2025

On October 13, 2025, BlackRock, Inc., a major shareholder, adjusted its voting rights in Smith & Nephew plc, resulting in a new total of 7.17% of voting rights. This change, notified on October 14, 2025, reflects a slight increase from the previous total of 6.76%, indicating a strategic adjustment in BlackRock’s investment in the company. The adjustment in voting rights could influence Smith & Nephew’s governance and strategic decisions, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (SNN) stock is a Hold with a $37.50 price target. To see the full list of analyst forecasts on Smith & Nephew Snats stock, see the SNN Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 07, 2025