Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Smith & Nephew plc

SNNNYSE
Wall Street Score · overall investment60/100
$30.12USD+$0.02 (+0.07%)
Company website www.smith-nephew.com
HeadquartersBuilding 5 Croxley Park Hatters Lane, Watford, HRT, WD18 8YE, GB
Financial statement currencyUSD · no FX conversion applied
Healthcare · Medical - Devices
Price from Oct 29, 2026Financials updated Oct 19, 2026

SNN · Price history

Price at last available close

$30.12

+$3.17 (+11.76%) 1M

2026-10-28

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Company & revenue

About Smith & Nephew plc

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally. The company operates in three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. It offers knee implant products for knee replacement procedures; hip implants for revision procedures; trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures; and other reconstruction products.

How they make money

Smith+Nephew operates through a business model focused on product development and acquisition, utilizing an R&D model to drive innovation in medical technologies. The company generates revenue by commercializing these products globally, supported by a network of medical education programs that facilitate the safe and effective use of its surgical and wound management devices.

Products & services

The company provides medical devices and technologies across three main franchises: Orthopaedics (hip and knee implants), Sports Medicine & ENT (soft tissue repair instruments), and Advanced Wound Management (wound care products).

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

Orthopaedics, Sports Medicine and Ear Nose and ThroatUSD 4.37B70.9%

Period ended 2025-12-31Source

Advanced Wound ManagementUSD 1.79B29.1%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

The company does not disclose specific major customers or significant customer concentration in its 2025 Annual Report.

Suppliers, materials & equipment

  • Contract manufacturers — The company utilizes various third-party contract manufacturers to support its global manufacturing and supply chain operations.Source

Competitors

  • Stryker Corporation — Competes in the orthopaedic and medical device markets.Source
  • Zimmer Biomet — Competes in the orthopaedic reconstruction and sports medicine markets.Source
  • DePuy Synthes (Johnson & Johnson) — Competes in orthopaedic and surgical device segments.Source

Strengths

  • Innovation pipeline and R&D modelSource
  • Global manufacturing and supply chain resilienceSource

Risks

  • Regulatory and compliance risksSource
  • Supply chain disruptionsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

60

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

72

Strong

Financial Strength

67

Business Quality / Moat

59

Management

91

Growth Quality

82

Risk / Durability

73

Great Company · Attractive Price

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

77

Fair

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

71/100

Building Historical Record

Model Score 71/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as relatively attractive.

The model outlook is currently positive.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for SNN

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can SNN maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is SNN's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is SNN's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •Is SNN's valuation discount tied to a temporary concern or to a longer-term business risk?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

60

0–100 · Fair

Opportunity Score

77

0–100 · Strong

Market Cap

$12.67B

P/E Ratio

10.9

EPS

$2.64

52-Week High

$37.51

52-Week Low

$26.12

Beta

0.69

Intrinsic Value

$52.70

Analyst Target

$31.85

Shares Outstanding

436.5M

Total Revenue

$12.24B

Total Debt

$3.79B

Reported Dividend Yield

2.73%

View dividend history

Liquidation Value / Share

$11.87

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
72/ 100
+5 pts / 5d

Building upward momentum

5D +3.0% · 20D +11.7% · RSI 79 · Price vs 20D avg +5.8%
Volatility
27/ 100
+15 pts / 5d

Low movement

20D realized vol 27.8% · 60D 23.3% · Acceleration 1.19x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for SNN

Detected from reported data — verify before acting.

Dividend history reported

The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on SNN.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Innovation pipeline and R&D model.
  • +Global manufacturing and supply chain resilience.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Medical - Devices industry.
  • −Regulatory and compliance risks.
  • −Supply chain disruptions.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair60/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

60

Tap for breakdown →

Strong

74

Debt Cost4.2%
Debt Reduction YoY-0.2%
Debt / Equity0.63x

Tap for breakdown →

Weak

48

Revenue YoY98.6%
Revenue CAGR5.4%
Net Margin9.2%

Tap for breakdown →

Poor

37

Asset Growth YoY1.0%
Liquidation/Share$11.87
Net Assets/MCap0.60x

Tap for breakdown →

Fair

64

Earnings Yield9.3%
Buyback Yield1.4%
Debt Cost4.2%

Tap for breakdown →

Elite

91

ROIC7.8%
ROE21.7%
ROA10.2%

Tap for breakdown →

Fair

59

EPS Growth22.0%
FCF/Share Growth31.6%
Rev/Share Growth5.0%

Tap for breakdown →

Elite

97

Intrinsic Value$52.70
Value Reference$31.62
MOS41.5%

Tap for breakdown →

Fair

66

Revenue48
Moat59
Valuation97

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Elite

100

MOS %41.5%
Value Reference$31.62
Deep Discount Reference$21.08

Tap for breakdown →

Poor

30

Interest Coverage5.6x
ROIC7.8%
FCF Yield7.1%

Tap for breakdown →

Fair

53

Financial30
Valuation97
Debt74

Tap for breakdown →

Fair

56

Survival Years0.3 yrs
Current Ratio2.57x
FCF Margin13.8%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

60

Oct 1, 2026

Change

-0.6

points

Current Score

60

Oct 19, 2026

Category Changes

Revenue-1.6
Debt0
Assets-1.7
Capital-4.0
Management0
Moat0
Valuation0
Buffett-0.6

SNN decreased 0.6 points because Capital declined by 4 points.

Negative Contributors

  • − Capital declined by 4 points

Projected Score

Projected Score

61

Projected Change

+1.6 points

Preliminary comparable-period financial changes suggest improvement of approximately 1.6 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$30.12

Model Intrinsic Value

$52.70

Difference

−$22.58

-42.8% vs IV

Margin of Safety

42.8%

UndervaluedFair ValueOvervalued
Value Reference: $31.62
Deep Discount Reference: $21.08

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$2.0B$4.0B$6.0B$8.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$350M$700M$1.1B$1.4B

Total Debt

201520172019202120232025$0$950M$1.9B$2.9B$3.8B

Total Assets

201520172019202120232025$0$3.0B$6.0B$9.0B$12.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$12.24B$6.16B$5.81B$5.55B····························
Cost of Revenue$3.74B$1.96B$1.73B$1.65B····························
Gross Profit$8.51B$4.21B$4.08B$3.90B····························
Research & Development$702.0M$346.0M$343.0M$339.0M····························
SG&A Expenses$6.03B$3.04B$2.90B$2.83B····························
Operating Expenses$6.94B$3.41B$3.42B$3.47B····························
EBITDA$3.13B$1.45B$1.44B$1.27B····························
Operating Income$1.57B$794.0M$657.0M$425.0M····························
Interest Expense$302.5M$141.3M$150.1M$132.5M····························
Income Before Tax$1.40B$779.0M$498.0M$290.0M····························
Income Tax Expense$278.0M$154.0M$86.0M$27.0M····························
Net Income$1.13B$625.0M$412.0M$263.0M····························
Basic EPS$2.64$1.46$0.94$1.20····························
Basic Shares430M433M438M218M····························
Diluted Shares430M436M438M218M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Feb 23, 2027
Estimated EPS: $1.21Estimated revenue: $3.32B
Jun 27, 2026Q2FY2026

Revenue

$3.10B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.70

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+9.7%

Cash Change

+11.6%

Margin Change

-0.1 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, EPS growth, cash levels. Pressure indicators included debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 4.6%. EPS increased 2.9%. Cash increased 11.6%. Total debt increased 9.7%. Net income margin declined by 0.1 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 123 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

A dividend is reported, but detailed payment history is temporarily unavailable or awaiting refresh.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 19, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 19, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 19, 26$28.00$35.00$42.00$49.00$56.00

Value Reference

Jul 24, 26Oct 1, 26Oct 19, 26$16.00$20.00$24.00$28.00$32.00

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 19, 26-0.2%0.0%0.2%0.4%0.6%

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News

Rumor Mill · SNN

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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