Analyst Consensus ?
ConsensusBuy12 ratings
Bullish975.0%
Neutral216.7%
Bearish18.3%
Solventum Corporation · SOLV · FY2025 Q4 · Calendar Q1 2026
Solventum Maintains Outlook as Product and Margin Plans Advance
The supplied analysis supports a cautiously constructive view of Solventum’s operating trajectory: organic growth is running above internal targets, while new products, cost savings and AI-enabled autonomous coding provide potential growth and margin levers. The case remains dependent on execution of ERP separation, cost savings and integration plans.
Reported After market closeNYSEHealthcare
$15.47B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.57
Consensus $1.50
EPS surprise
+4.7%
Reported versus consensus
Reported revenue
$2.00B
Consensus $1.96B
Revenue surprise
+1.8%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-3.6%
Event window
SPY move
-0.5%
Same window
Abnormal move
-3.1%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
-15.4%
Up to 20 sessions
SOLVSPY benchmark
Ask FN2 about SOLV FY2025 Q4
Transcript, numbers and history already loaded
Why did SOLV fall 3.6% after beating EPS estimates in FY2025 Q4?What changed in SOLV's guidance and outlook in FY2025 Q4?Give me the bull and bear case for SOLV after FY2025 Q4 earnings.
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Transcript intelligence
What changed
Compared with the prior-quarter analysis, guidance sentiment moved from raised to maintained. The current analysis adds Q4 and full-year organic-growth results, identifies one-time ERP and distribution-center costs as a margin pressure, and emphasizes the 2026 margin-expansion plan, product pipeline and autonomous-coding development.
Guidance delta
Management maintained its outlook; the supplied analysis highlights a 2026 operating-margin forecast of 21%–21.5%.
Key takeaways
- Q4 organic sales growth was 3.5%, with FY2025 growth of 3.3%.
- One-time ERP and distribution-center costs pressured Q4 margins.
- Management highlighted about 20 planned products through 2027 and AI-enabled autonomous coding.
- Separation from 3M remains in progress, with 90% of transition service agreements expected to be cleared by end-2026.
Management priorities
- Execute the multi-year Transform for the Future cost-savings program
- Complete ERP separations and exit remaining transition service agreements
- Launch new MedSurg, Dental and HIS products
- Expand autonomous coding and the 360 Encompass platform
- Pursue complementary tuck-in acquisitions
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Beat
Miss
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Analyst 52W Price Targets
$88.85Current
$43Low
$85.1Average
$113High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 30, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| BTIG | Buy | Buy | Maintain | Sep 14, 2026 |
| Wedbush | Outperform | Outperform | Maintain | Aug 6, 2026 |
| UBS | Buy | Buy | Maintain | Aug 6, 2026 |
| Stifel | Buy | Buy | Maintain | Aug 6, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Aug 6, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Aug 6, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | May 6, 2026 |
| Mizuho | Outperform | Neutral | Upgrade | Jan 20, 2026 |
| Morgan Stanley | Overweight | Equal Weight | Upgrade | Jul 15, 2025 |
| Argus Research | Buy | Hold | Upgrade | Jul 1, 2025 |
| Goldman Sachs | Sell | Sell | Maintain | Mar 3, 2025 |
| B of A Securities | Neutral | Neutral | Maintain | Feb 26, 2025 |
Named analyst price targets
Upside is calculated against the persisted current price $88.85. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Stifel Nicolaus | Analyst unavailable | $100 | $84.82 | +12.5% | Aug 6, 2026 |
| UBS | Patrick Wood | $101 | $87.47 | +13.7% | Aug 6, 2026 |
| Mizuho Securities | Analyst unavailable | $113 | $87.47 | +27.2% | Aug 6, 2026 |
| KeyBanc | Analyst unavailable | $102 | $87.47 | +14.8% | Aug 6, 2026 |
| BTIG | Ryan Zimmerman | $95 | $87.47 | +6.9% | Aug 6, 2026 |
| UBS | Analyst unavailable | $95 | $80.47 | +6.9% | Jul 28, 2026 |
| BTIG | Analyst unavailable | $91 | $76.7 | +2.4% | Jul 13, 2026 |
| BMO Capital | Analyst unavailable | $81 | $75.18 | -8.8% | Jul 8, 2026 |
| Jefferies | Analyst unavailable | $43 | $74.95 | -51.6% | Jun 1, 2026 |
| Wedbush | Michael Piccolo | $94 | $74.42 | +5.8% | May 15, 2026 |
| UBS | Kevin Caliendo | $78 | $71.36 | -12.2% | May 6, 2026 |
| Stifel Nicolaus | Analyst unavailable | $90 | $69.04 | +1.3% | May 6, 2026 |
| KeyBanc | Brett Fishbin | $93 | $69.04 | +4.7% | May 6, 2026 |
| KeyBanc | Brett Fishbin | $92 | $68.52 | +3.5% | Apr 27, 2026 |
| Piper Sandler | Analyst unavailable | $92 | $68.88 | +3.5% | Apr 17, 2026 |
| KeyBanc | Brett Fishbin | $97 | $78.91 | +9.2% | Jan 26, 2026 |
| Mizuho Securities | Analyst unavailable | $100 | $79.48 | +12.5% | Jan 20, 2026 |
| Stifel Nicolaus | Analyst unavailable | $105 | $83.16 | +18.2% | Jan 7, 2026 |
| BTIG | Ryan Zimmerman | $100 | $85.56 | +12.5% | Dec 2, 2025 |
| UBS | Kevin Caliendo | $77 | $73 | -13.3% | Oct 1, 2025 |
| Morgan Stanley | Patrick Wood | $103 | $73.68 | +15.9% | Jul 15, 2025 |
| Mizuho Securities | Analyst unavailable | $82 | $80.16 | -7.7% | Mar 3, 2025 |
| Wells Fargo | Analyst unavailable | $75 | $79.75 | -15.6% | Feb 28, 2025 |
| Mizuho Securities | Steven Valiquette | $70 | $72.28 | -21.2% | Dec 3, 2024 |
| Stifel Nicolaus | Rick Wise | $82 | $66.29 | -7.7% | Oct 7, 2024 |
| Piper Sandler | Jason Bednar | $71 | $67.74 | -20.1% | Oct 7, 2024 |
| Morgan Stanley | Patrick Wood | $55 | $49 | -38.1% | Jul 15, 2024 |
| Goldman Sachs | David Roman | $54 | $59.72 | -39.2% | May 30, 2024 |
| Morgan Stanley | Patrick Wood | $70 | $65.52 | -21.2% | Apr 9, 2024 |
| Wells Fargo | Vik Chopra | $69 | $70.06 | -22.3% | Apr 8, 2024 |
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Start freeCompany context
Snapshot as of publicationSolventum Corporation, established in 2023 and headquartered in Saint Paul, Minnesota, operates as a healthcare entity dedicated to pioneering, producing, and commercializing diverse solutions that address critical needs for both customers and patients. The company's business activities are organized into four principal segments. The Medsurg division furnishes various products and services, including sophisticated wound care items, intravenous (I.V.) site management tools, sterilization assurance systems, temperature regulation devices, surgical instruments, stethoscopes, and medical electrodes.…
Historical context
All SOLV earningsHealthcare peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| COO The Cooper Companies, Inc. | FY2026 Q3 · Calendar Q3 2026 | +2.7% | -14.7% | CooperCompanies beats expectations as inventory reduction weighs on vision revenue |
| MDT Medtronic plc | FY2027 Q1 · Calendar Q3 2026 | +4.3% | +1.5% | Medtronic raises FY27 outlook as growth broadens across platforms |
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Get the SOLV recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
- Polygon adjusted daily market bars · 2026-09-30T16:26:16.260564+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-30T16:26:16.257722+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-30. For educational purposes only; not investment advice.