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SNN Forecast

Price Forecast:

Bearish <-> Bullish

Bullish Case: Smith & Nephew could see a bullish turnaround if elective surgeries continue to recover and institutional buying backs the stock, possibly raising prices above $30 within the next year.

Bearish Case: However, ongoing competition in the orthopedic sector and mixed earnings signals might contribute to further declines, leading the price to potentially test support levels below $25.

Potential Outcomes:

1. Recovery of elective surgeries increases demand (40%)
2. Institutional buying leads to price stabilization (30%)
3. Continued mean reversion causing declines (20%)
4. Regulatory challenges further suppressing prices (10%)

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November 19, 2024

Smith & Nephew plc Forecast

SNN Smith & Nephew plc

Price Forecast
Future Uncertainty

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