Zimmer Biomet (ZBH) Stock Forecast, Price Target & Predictions
ZBH Stock Forecast
Zimmer Biomet stock forecast is as follows: an average price target of $137.17 (represents a 29.09% upside from ZBH’s last price of $106.26) and a rating consensus of 'Hold', based on 19 wall street analysts offering a 1-year stock forecast.
ZBH Price Target
ZBH Analyst Ratings
Zimmer Biomet Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 13, 2024 | Richard Newitter | Truist Financial | $112.00 | $105.14 | 6.52% | 5.40% |
Sep 10, 2024 | Caitlin Cronin | Canaccord Genuity | $115.00 | $104.83 | 9.70% | 8.23% |
Aug 08, 2024 | Jayson Bedford | Raymond James | $128.00 | $107.09 | 19.53% | 20.46% |
Aug 08, 2024 | Steven Lichtman | Oppenheimer | $145.00 | $105.81 | 37.04% | 36.46% |
Aug 07, 2024 | Rick Wise | Stifel Nicolaus | $130.00 | $107.50 | 20.94% | 22.34% |
Jul 15, 2024 | Drew Ranieri | Morgan Stanley | $120.00 | $108.69 | 10.41% | 12.93% |
Jul 01, 2024 | Matt O'Brien | Piper Sandler | $115.00 | $108.53 | 5.96% | 8.23% |
May 31, 2024 | Matthew O\'Brien | Piper Sandler | $140.00 | $114.44 | 22.33% | 31.75% |
May 30, 2024 | Shagun Singh | RBC Capital | $140.00 | $115.14 | 21.59% | 31.75% |
May 28, 2024 | Ryan Zimmerman | BTIG | $139.00 | $116.41 | 19.41% | 30.81% |
Zimmer Biomet Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 7 | 11 |
Avg Price Target | $113.50 | $123.57 | $130.36 |
Last Closing Price | $106.26 | $106.26 | $106.26 |
Upside/Downside | 6.81% | 16.29% | 22.68% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 13, 2024 | Goldman Sachs | Buy | Buy | Hold |
Sep 13, 2024 | Guggenheim | Buy | Buy | Hold |
Sep 13, 2024 | Barclays | - | Underweight | Downgrade |
Sep 13, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Sep 10, 2024 | Canaccord Genuity | Hold | Hold | Hold |
Sep 09, 2024 | Wolfe Research | - | Peer Perform | Initialise |
Sep 05, 2024 | UBS | Equal-Weight | Equal-Weight | Hold |
Sep 05, 2024 | Truist Financial | Underperform | Underperform | Hold |
Sep 05, 2024 | Cowen & Co. | Hold | Hold | Hold |
Sep 05, 2024 | Citigroup | Neutral | Neutral | Hold |
Zimmer Biomet Financial Forecast
Zimmer Biomet Revenue Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $183.70M | $1.75B | $1.87B | $1.83B | $1.83B | $1.67B | - | $1.66B | $2.04B | $1.92B | $2.03B | $1.85B | $2.09B | $1.93B |
Avg Forecast | $2.38B | $2.11B | $2.23B | $2.17B | $2.25B | $2.00B | $2.13B | $2.06B | $2.16B | $1.92B | $2.04B | $1.98B | $2.05B | $1.82B | $1.94B | $1.87B | $1.93B | $1.75B | $1.83B | $1.70B | $1.76B | $1.63B | $1.72B | $1.59B | $2.07B | $1.94B | $1.97B | $1.76B | $2.08B | $1.71B |
High Forecast | $2.43B | $2.16B | $2.27B | $2.21B | $2.30B | $2.05B | $2.17B | $2.10B | $2.20B | $1.96B | $2.08B | $2.02B | $2.09B | $1.84B | $1.98B | $1.91B | $1.97B | $1.77B | $1.86B | $1.74B | $1.80B | $1.67B | $1.72B | $1.61B | $2.10B | $1.97B | $2.00B | $1.79B | $2.11B | $1.74B |
Low Forecast | $2.32B | $2.07B | $2.18B | $2.12B | $2.20B | $1.96B | $2.08B | $2.01B | $2.11B | $1.88B | $1.99B | $1.93B | $2.00B | $1.78B | $1.90B | $1.83B | $1.88B | $1.73B | $1.79B | $1.67B | $1.72B | $1.60B | $1.72B | $1.57B | $2.04B | $1.92B | $1.95B | $1.74B | $2.06B | $1.69B |
# Analysts | 8 | 10 | 16 | 8 | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 13 | 9 | 17 | 8 | 10 | 18 | 21 | 10 | 10 | 13 | 9 | 9 | 17 | 11 | 10 | 20 | 10 | 14 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | 1.00% | 1.02% | 1.07% | 1.04% | 1.02% | - | 1.05% | 0.99% | 0.99% | 1.03% | 1.05% | 1.00% | 1.13% |
Zimmer Biomet EBITDA Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 10 | 16 | 8 | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 13 | 9 | 17 | 8 | 10 | 18 | 21 | 10 | 10 | 13 | 9 | 9 | 17 | 11 | 10 | 20 | 10 | 14 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $183.70M | $266.60M | $329.60M | $609.90M | $454.40M | $491.40M | - | $422.20M | $420.20M | $531.10M | $556.40M | $576.80M | $549.90M | $593.70M |
Avg Forecast | $676.89M | $602.05M | $634.60M | $617.22M | $641.38M | $570.95M | $605.43M | $586.98M | $613.85M | $547.47M | $580.14M | $563.67M | $583.26M | $517.55M | $552.51M | $435.46M | $549.21M | $498.06M | $520.19M | $344.23M | $501.52M | $510.00M | $490.39M | $272.12M | $178.00M | $463.64M | $478.38M | $478.24M | $501.52M | $389.67M |
High Forecast | $691.02M | $614.60M | $647.84M | $630.10M | $654.76M | $582.86M | $618.06M | $599.22M | $626.66M | $558.89M | $592.25M | $575.43M | $595.42M | $523.21M | $564.03M | $522.55M | $560.67M | $503.18M | $531.04M | $413.08M | $511.98M | $612.00M | $490.39M | $326.55M | $213.60M | $556.37M | $574.05M | $573.88M | $601.83M | $467.61M |
Low Forecast | $661.53M | $588.38M | $620.20M | $603.21M | $626.82M | $557.99M | $591.69M | $573.65M | $599.92M | $535.04M | $566.98M | $550.88M | $570.02M | $506.24M | $539.97M | $348.36M | $536.75M | $492.48M | $508.38M | $275.39M | $490.14M | $408.00M | $490.39M | $217.70M | $142.40M | $370.91M | $382.70M | $382.59M | $401.22M | $311.74M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.33% | 0.54% | 0.63% | 1.77% | 0.91% | 0.96% | - | 1.55% | 2.36% | 1.15% | 1.16% | 1.21% | 1.10% | 1.52% |
Zimmer Biomet Net Income Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 10 | 16 | 8 | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 13 | 9 | 17 | 8 | 10 | 18 | 21 | 10 | 10 | 13 | 9 | 9 | 17 | 11 | 10 | 20 | 10 | 14 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $162.80M | $209.90M | $232.50M | $-130.20M | $194.00M | - | $73.20M | $-83.90M | $145.60M | $141.90M | $198.10M | $333.70M | $242.50M |
Avg Forecast | $600.67M | $478.58M | $528.38M | $505.04M | $547.71M | $433.18M | $475.45M | $451.00M | $511.38M | $403.91M | $442.40M | $425.38M | $473.08M | $366.42M | $410.94M | $19.50M | $444.50M | $329.79M | $375.24M | $15.42M | $377.22M | $154.67M | $338.38M | $12.19M | $-84.43M | $140.61M | $137.27M | $174.79M | $325.60M | $167.31M |
High Forecast | $616.95M | $491.56M | $542.71M | $518.74M | $562.57M | $444.93M | $488.35M | $463.23M | $525.25M | $414.87M | $454.40M | $436.92M | $485.91M | $405.76M | $422.09M | $23.40M | $456.55M | $338.03M | $385.41M | $18.50M | $387.45M | $185.60M | $338.38M | $14.62M | $-67.54M | $168.73M | $164.73M | $209.75M | $390.72M | $200.77M |
Low Forecast | $582.94M | $464.46M | $512.79M | $490.14M | $531.55M | $420.40M | $461.43M | $437.69M | $496.29M | $392.00M | $429.35M | $412.83M | $459.12M | $337.44M | $398.82M | $15.60M | $431.38M | $321.54M | $364.17M | $12.33M | $366.09M | $123.74M | $338.38M | $9.75M | $-101.31M | $112.49M | $109.82M | $139.84M | $260.48M | $133.85M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.49% | 0.56% | 15.08% | -0.35% | 1.25% | - | 6.01% | 0.99% | 1.04% | 1.03% | 1.13% | 1.02% | 1.45% |
Zimmer Biomet SG&A Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 10 | 16 | 8 | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 13 | 9 | 17 | 8 | 10 | 18 | 21 | 10 | 10 | 13 | 9 | 9 | 17 | 11 | 10 | 20 | 10 | 14 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $674.90M | $725.80M | $715.90M | $727.10M | $654.90M | - | $684.50M | $934.00M | $802.40M | $817.40M | $770.10M | $893.90M | $790.00M |
Avg Forecast | $982.41M | $873.78M | $921.03M | $895.81M | $930.87M | $828.65M | $878.69M | $851.91M | $890.91M | $794.57M | $841.99M | $818.08M | $846.51M | $751.15M | $801.88M | $939.98M | $797.10M | $722.86M | $754.98M | $743.07M | $727.88M | $852.38M | $711.72M | $587.41M | $938.77M | $774.89M | $790.75M | $679.50M | $872.20M | $545.04M |
High Forecast | $1.00B | $892.01M | $940.24M | $914.49M | $950.28M | $845.93M | $897.02M | $869.68M | $909.50M | $811.14M | $859.56M | $835.15M | $864.17M | $759.35M | $818.61M | $1.13B | $813.73M | $730.29M | $770.73M | $891.69M | $743.07M | $1.02B | $711.72M | $704.89M | $1.13B | $929.87M | $948.89M | $815.40M | $1.05B | $654.05M |
Low Forecast | $960.11M | $853.95M | $900.12M | $875.47M | $909.74M | $809.84M | $858.74M | $832.57M | $870.69M | $776.53M | $822.88M | $799.52M | $827.30M | $734.73M | $783.68M | $751.99M | $779.01M | $714.76M | $737.84M | $594.46M | $711.36M | $681.90M | $711.72M | $469.93M | $751.01M | $619.91M | $632.60M | $543.60M | $697.76M | $436.04M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.96% | 0.96% | 1.00% | 0.77% | - | 1.17% | 0.99% | 1.04% | 1.03% | 1.13% | 1.02% | 1.45% |
Zimmer Biomet EPS Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 10 | 16 | 8 | 8 | 8 | 12 | 8 | 12 | 7 | 7 | 13 | 9 | 17 | 8 | 10 | 18 | 21 | 10 | 10 | 13 | 9 | 9 | 17 | 11 | 10 | 20 | 10 | 14 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.78 | $1.01 | $1.11 | $-0.62 | $0.92 | - | $0.35 | $-0.40 | $0.70 | $0.68 | $0.95 | $1.61 | $1.17 |
Avg Forecast | $2.91 | $2.32 | $2.56 | $2.45 | $2.65 | $2.10 | $2.30 | $2.19 | $2.48 | $1.96 | $2.14 | $2.06 | $2.29 | $1.78 | $1.99 | $1.87 | $2.15 | $1.60 | $1.82 | $1.64 | $1.83 | $1.55 | $1.64 | $1.40 | $1.92 | $1.70 | $1.80 | $1.48 | $2.00 | $1.04 |
High Forecast | $2.99 | $2.38 | $2.63 | $2.51 | $2.73 | $2.16 | $2.37 | $2.24 | $2.54 | $2.01 | $2.20 | $2.12 | $2.35 | $1.97 | $2.04 | $1.92 | $2.21 | $1.64 | $1.87 | $1.68 | $1.88 | $1.60 | $1.64 | $1.43 | $1.96 | $1.74 | $1.84 | $1.51 | $2.04 | $1.06 |
Low Forecast | $2.82 | $2.25 | $2.48 | $2.37 | $2.58 | $2.04 | $2.24 | $2.12 | $2.40 | $1.90 | $2.08 | $2.00 | $2.22 | $1.63 | $1.93 | $1.82 | $2.09 | $1.56 | $1.76 | $1.59 | $1.77 | $1.51 | $1.64 | $1.38 | $1.89 | $1.68 | $1.78 | $1.46 | $1.97 | $1.02 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.49% | 0.56% | 0.68% | -0.34% | 0.59% | - | 0.25% | -0.21% | 0.41% | 0.38% | 0.64% | 0.80% | 1.13% |
Zimmer Biomet Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CVRX | CVRx | $7.85 | $15.83 | 101.66% | Buy |
OFIX | Orthofix Medical | $16.76 | $31.00 | 84.96% | - |
BIO | Bio-Rad Laboratories | $326.22 | $565.00 | 73.20% | Hold |
LUNG | Pulmonx | $8.31 | $12.25 | 47.41% | Buy |
EW | Edwards Lifesciences | $68.52 | $97.09 | 41.70% | Buy |
CNMD | CONMED | $75.40 | $101.00 | 33.95% | Buy |
ZBH | Zimmer Biomet | $106.26 | $137.17 | 29.09% | Hold |
MDT | Medtronic | $90.00 | $106.77 | 18.63% | Hold |
ABT | Abbott Laboratories | $116.40 | $129.50 | 11.25% | Buy |
BRKR | Bruker | $65.66 | $71.67 | 9.15% | Buy |
ITGR | Integer | $126.78 | $131.00 | 3.33% | Buy |
SRDX | Surmodics | $39.36 | $39.50 | 0.36% | Buy |
SYK | Stryker | $370.25 | $305.00 | -17.62% | Buy |
GKOS | Glaukos | $126.28 | $101.56 | -19.58% | Buy |
ZBH Forecast FAQ
Is Zimmer Biomet a good buy?
No, according to 19 Wall Street analysts, Zimmer Biomet (ZBH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 42.11% of ZBH's total ratings.
What is ZBH's price target?
Zimmer Biomet (ZBH) average price target is $137.17 with a range of $112 to $180, implying a 29.09% from its last price of $106.26. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Zimmer Biomet stock go up soon?
According to Wall Street analysts' prediction for ZBH stock, the company can go up by 29.09% (from the last price of $106.26 to the average price target of $137.17), up by 69.40% based on the highest stock price target, and up by 5.40% based on the lowest stock price target.
Can Zimmer Biomet stock reach $200?
ZBH's average twelve months analyst stock price target of $137.17 does not support the claim that Zimmer Biomet can reach $200 in the near future.
What is Zimmer Biomet's current price target trend?
2 Wall Street analysts forecast a $113.5 price target for Zimmer Biomet (ZBH) this month, up 6.81% from its last price of $106.26. Compared to the last 3 and 12 months, the average price target increased by 16.29% and increased by 22.68%, respectively.
What are Zimmer Biomet's analysts' financial forecasts?
Zimmer Biomet's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.44B (high $8.62B, low $8.25B), average EBITDA is $2.4B (high $2.45B, low $2.35B), average net income is $1.91B (high $1.96B, low $1.85B), average SG&A $3.49B (high $3.56B, low $3.41B), and average EPS is $9.24 (high $9.49, low $8.97). ZBH's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.89B (high $9.07B, low $8.68B), average EBITDA is $2.53B (high $2.58B, low $2.47B), average net income is $2.11B (high $2.17B, low $2.05B), average SG&A $3.67B (high $3.75B, low $3.59B), and average EPS is $10.24 (high $10.51, low $9.93).
Did the ZBH's actual financial results beat the analysts' financial forecasts?
Based on Zimmer Biomet's last annual report (Dec 2023), the company's revenue was $1.94B, which missed the average analysts forecast of $7.21B by -73.08%. Apple's EBITDA was $1.26B, missing the average prediction of $1.91B by -34.28%. The company's net income was $0, missing the average estimation of $1.16B by -100.00%. Apple's SG&A was $0, missing the average forecast of $3.02B by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $7.21 by -100.00%. In terms of the last quarterly report (Dec 2023), Zimmer Biomet's revenue was $183.7M, missing the average analysts' forecast of $1.93B by -90.47%. The company's EBITDA was $183.7M, missing the average prediction of $549.21M by -66.55%. Zimmer Biomet's net income was $0, missing the average estimation of $444.5M by -100.00%. The company's SG&A was $0, missing the average forecast of $797.1M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $2.15 by -100.00%