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Solventum CorporationNYSE:SOLV Stock Report

Market Cap US$12.9b
Share Price
US$74.26
US$84.18
11.8% undervalued intrinsic discount
1Y-2.0%
7D0.2%
Portfolio Value
View

Solventum Corporation

NYSE:SOLV Stock Report

Market Cap: US$12.9b

Solventum (SOLV) Stock Overview

A healthcare company, develops, manufactures, and commercializes a portfolio of solutions to address critical customer and patient needs in the United States and internationally. More details

SOLV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends0/6

SOLV Community Fair Values

Create Narrative

See what 42 others think this stock is worth. Follow their fair value or set your own to get alerts.

Solventum Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solventum
Historical stock prices
Current Share PriceUS$74.26
52 Week HighUS$88.20
52 Week LowUS$62.38
Beta0.65
1 Month Change5.36%
3 Month Change0.72%
1 Year Change-1.99%
3 Year Changen/a
5 Year Changen/a
Change since IPO-7.18%

Recent News & Updates

Analysis Article May 13

Solventum's (NYSE:SOLV) Solid Earnings May Rest On Weak Foundations

The market for Solventum Corporation's ( NYSE:SOLV ) stock was strong after it released a healthy earnings report last...
Narrative Update Apr 29

SOLV: 2026 Capital Allocation And Margin Discipline Will Support P/E Re Rating

The analyst price target for Solventum has been trimmed by about $1, reflecting recent cuts to Street targets and updated assumptions for slightly lower revenue, a modestly higher profit margin, and a small adjustment to future P/E expectations. Analyst Commentary Recent Street research on Solventum reflects a mix of optimism and caution, with several firms revising price targets and one new initiation with a bearish stance.

Recent updates

Analysis Article May 13

Solventum's (NYSE:SOLV) Solid Earnings May Rest On Weak Foundations

The market for Solventum Corporation's ( NYSE:SOLV ) stock was strong after it released a healthy earnings report last...
Narrative Update Apr 29

SOLV: 2026 Capital Allocation And Margin Discipline Will Support P/E Re Rating

The analyst price target for Solventum has been trimmed by about $1, reflecting recent cuts to Street targets and updated assumptions for slightly lower revenue, a modestly higher profit margin, and a small adjustment to future P/E expectations. Analyst Commentary Recent Street research on Solventum reflects a mix of optimism and caution, with several firms revising price targets and one new initiation with a bearish stance.
Narrative Update Apr 15

SOLV: 2026 Capital Allocation And Margin Execution Will Support Multiple Expansion

The analyst price target for Solventum has been trimmed by about $5, as analysts factor in more conservative profit margin assumptions and slightly higher required returns, despite mixed recent rating changes on the stock. Analyst Commentary Recent Street research on Solventum reflects a mix of optimism and caution, with target changes and rating shifts clustered around the latest earnings update and subsequent model revisions.
Seeking Alpha Apr 08

Solventum: A Hidden Breakup Story In Healthcare

Summary Solventum has a few good businesses, but the market is treating it as a complicated company. Its main parts are MedSurg, Dental, HIS, and a smaller Water / All Other. The thesis says the stock looks much cheaper than the value of the parts. The business could be worth about $166.6 per share based on SOTP analysis. The main idea is to keep MedSurg as the core business and see more value in the other parts on their own. Even in a portfolio simplification case, followed by Operational Margin increase, the shares could surge to as high as $186 per share. Read the full article on Seeking Alpha
Narrative Update Mar 22

SOLV: 2026 Capital Allocation And Medtech Positioning Will Support Multiple Expansion

Analysts have modestly raised Solventum's implied price target to about $90.17, with recent research citing updated models after Q4 earnings, a series of upgrades, and adjusted assumptions for the discount rate and future P/E as key drivers of the change. Analyst Commentary Recent Street research around Solventum centers on refreshed models after Q4 earnings, a series of rating changes, and a wide range of price targets that cluster around the low to mid double digits.
Narrative Update Mar 07

SOLV: 2026 Medtech Positioning And Capital Allocation Agenda Will Drive Future Upside

The analyst price target for Solventum has been adjusted from $89.25 to about $90.17, reflecting updated models after recent earnings and a series of supporting revisions from multiple firms that now view it as one of their preferred MedTech ideas heading into 2026. Analyst Commentary Recent research updates on Solventum cluster around revised models after earnings and a reset of expectations for large cap MedTech into 2026, with several firms adjusting price targets and ratings as they refine their views on valuation and execution risk.
Narrative Update Feb 21

SOLV: 2026 Medtech Setup And Top-Idea Status Will Drive Future Upside

Solventum's analyst price targets have moved modestly higher toward $105, with analysts pointing to a more constructive medtech setup into 2026 and highlighting the stock as one of their preferred large cap ideas following recent upgrades at several firms. Analyst Commentary Recent research has focused on how Solventum fits into a broader large cap medtech group, with several firms adjusting targets and ratings as they refine expectations into 2026.
Narrative Update Feb 06

SOLV: Top-Idea Status And Buybacks Will Support Future Upside Potential

Analysts have nudged their price target on Solventum higher, with the fair value estimate moving from about $88.55 to $89.25. This change reflects updated expectations for slightly faster revenue growth and modestly higher future P/E multiples following recent upgrades and more constructive views on large cap MedTech coverage.
Narrative Update Jan 21

SOLV: MedTech Top-Idea Status And Buybacks Will Support Gradual Upside

Analysts have lifted their price target on Solventum from about $85.64 to roughly $88.55, citing updated expectations for revenue growth, a slightly higher future P/E and recent bullish research that highlights the company as a top MedTech idea. Analyst Commentary Recent research coverage on Solventum has leaned constructive, with several reports treating the stock as a key MedTech idea and adjusting price targets accordingly.
Narrative Update Jan 06

SOLV: Wound Therapy Guidance And Buybacks Will Support Measured, Gradual Upside Ahead

Analysts now see Solventum’s fair value inching up from US$84.36 to US$85.64, reflecting small tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions in their models. What's in the News Solventum announced updated consensus recommendations from an international panel of surgeons and wound care experts on the clinical use of closed incision negative pressure therapy (ciNPT) with reticulated open cell foam (ROCF) dressings, published in the International Wound Journal.
Narrative Update Dec 13

SOLV: Portfolio Streamlining And Buybacks Will Support Balanced, Gradual Upside Ahead

Analysts have modestly raised their price target on Solventum, reflecting an updated fair value estimate of approximately $84.36 from about $82.80, as they factor in the impact of the company's P&F business sale and slightly improved long term valuation assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the P&F business sale as a cleaner portfolio move that supports a more focused operating model and clearer earnings trajectory.
Analysis Article Dec 05

Solventum Corporation (NYSE:SOLV) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Solventum Corporation ( NYSE:SOLV ) shares have had a really impressive month, gaining 26% after a shaky period...
Narrative Update Nov 28

SOLV: Portfolio Changes And Share Buybacks Will Support Measured Improvement Ahead

Analysts have revised Solventum's price target slightly downward to $82.80 from $84.11. This change reflects updated expectations for revenue growth and profitability following recent strategic changes and portfolio reshaping initiatives.
Narrative Update Nov 14

SOLV: Portfolio Reshaping And Sale Will Drive Momentum Into 2025

Analysts have revised Solventum's price target upward by $3 to $82. They cite recent portfolio changes as well as expectations for an improved cost structure and organic growth.
Narrative Update Oct 31

SOLV: Portfolio Reshaping And Cost Controls Will Improve Outlook For 2025

Solventum's analyst price target has been raised by $3 to $82, as analysts point to recent portfolio reshaping and the sale of the P&F business as key factors that support an improved outlook. Analyst Commentary Recent analyst updates reflect a mix of positive developments and continued caution surrounding Solventum’s performance and outlook.
Narrative Update Oct 17

Commercial Restructuring And New Product Launches Will Broaden International Reach

Solventum's analyst price target increased modestly to $82 from $79, as analysts point to the recent divestiture of its P&F business, along with ongoing improvements in its portfolio and cost structure, as key drivers for the update. Analyst Commentary Analyst sentiment on Solventum reflects a balance of cautious optimism and highlighted risks as the company navigates portfolio changes and future growth prospects.
Narrative Update Oct 03

Commercial Restructuring And New Product Launches Will Broaden International Reach

Analysts have modestly lowered their average price target for Solventum by $1.60 to $85.11, citing recent portfolio reshaping and tempered profit margin expectations. Analyst Commentary Recent analyst research reflects a mix of optimism and caution regarding Solventum's future valuation and growth trajectory.
Narrative Update Sep 04

Commercial Restructuring And New Product Launches Will Broaden International Reach

As there were no material changes in Solventum’s revenue growth or net profit margin forecasts, the consensus analyst price target remains unchanged at $86.71. What's in the News Solventum completed the $4 billion divestiture of its Purification & Filtration business to Thermo Fisher, using most of the $3.4 billion net proceeds to reduce debt and strengthen the balance sheet while raising FY25 organic sales growth, adjusted EPS, free cash flow, and operating margin guidance.
User avatar
New Narrative Mar 30

New VAC Product And AI Will Simplify Procedures

Streamlining operations and divesting non-core assets are expected to improve margins, reduce leverage, and focus growth efforts on core segments.
Seeking Alpha Feb 26

Solventum: An Impressive Sale Of Purification And Filtration

Summary Solventum's impressive $4.1 billion divestment to Thermo Fisher significantly reduces debt, enhancing its financial stability and potentially boosting earnings per share. The strategic sale has made me more optimistic about Solventum's future, maintaining a modest long position. The company's valuation remains attractive, with earnings multiples reasonable, especially considering the substantial deleveraging progress. Solventum still needs to achieve solid organic growth, but the recent positive developments justify continued investment. Read the full article on Seeking Alpha
Seeking Alpha Nov 30

Solventum: Concerns After A Partial Re-Rating

Summary Solventum's sales and margins have shown modest improvement, but concerns about 2025 earnings due to non-quantified headwinds make me cautious at current levels. The company, spun off from 3M, has a diversified healthcare portfolio but has faced flattish sales and high debt, impacting its valuation. Despite recent stock gains and improved guidance, potential 2025 earnings pressure from costs and investments warrants a cautious approach, prompting me to trim my position. Solventum's exploration of selling its purification filtration business could be a potential catalyst, but the impact remains uncertain without indicative pricing. Read the full article on Seeking Alpha
Seeking Alpha Sep 11

Solventum: No Rush To Buy As Post-Spin Execution Will Take Time To Play Out

Summary 3M's healthcare spinoff, Solventum (SOLV), has seen its share price decline by 15% since the event in April, even as its parent has moved up steadily by 26%. SOLV could lose market share, with management projecting only 0.5% growth for FY24 and consensus expecting a similar cadence of revenue growth next year, well below the 4-6% industry growth. Solventum's financial health is strained by a high debt load and potentially lower threshold of FCF generation, dampening any near-term prospects of a dividend. Despite a compelling forward P/E ratio, investors should note that SOLV's earnings growth will be weighed down by a higher cost base as a standalone entity. SOLV's stock has benefitted from decent momentum since mid-July, but conditions are now looking overbought. Read the full article on Seeking Alpha
Seeking Alpha Jul 07

Solventum: Stumbling Out Of The Gate

Summary Solventum Corporation, a spinoff of 3M Company's healthcare business, has seen an over 40% decline in shareholder value since going public in late March. The company is now reportedly considering acquiring Mediwound, a provider of tissue repair solutions, which may change its growth prospects. The stock appears attractive on a P/E and free cash flow yield basis, but that view comes with a couple of caveats. An analysis around Solventum Corporation follows in the paragraphs below. Read the full article on Seeking Alpha
Seeking Alpha May 17

Solventum: A Reasonable Start, Still Some Questions To Be Asked

Summary Solventum Corporation, a healthcare spin-off from 3M Company, had a soft start of trading due to flattish sales and high debt. The company operates in various healthcare segments, including MedSurg, dental solutions, and purification & filtration activities. Despite concerns, Solventum posted positive first-quarter earnings, with sales slightly increasing and margin gains. These earnings likely cannot be sustained, although debt reduction (as a priority) is promising. Read the full article on Seeking Alpha

Shareholder Returns

SOLVUS Medical EquipmentUS Market
7D0.2%0.08%-0.3%
1Y-2.0%-24.4%24.1%

Return vs Industry: SOLV exceeded the US Medical Equipment industry which returned -24.4% over the past year.

Return vs Market: SOLV underperformed the US Market which returned 24.1% over the past year.

Price Volatility

Is SOLV's price volatile compared to industry and market?
SOLV volatility
SOLV Average Weekly Movement4.0%
Medical Equipment Industry Average Movement8.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: SOLV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SOLV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
202320,584Bryan Hansonwww.solventum.com

Solventum Corporation, a healthcare company, develops, manufactures, and commercializes a portfolio of solutions to address critical customer and patient needs in the United States and internationally. It operates through three segments: Medsurg, Dental Solutions, and Health Information Systems. The Medsurg segment offers solutions, such as negative pressure wound therapy, advanced wound dressings, advanced skin care, synthetic tissue matrices, I.V. site management, sterilization assurance, temperature management, surgical supplies, medical tapes and wraps, stethoscopes, medical electrodes, and medical technologies for original equipment manufacturers.

Solventum Corporation Fundamentals Summary

How do Solventum's earnings and revenue compare to its market cap?
SOLV fundamental statistics
Market capUS$12.86b
Earnings (TTM)US$1.43b
Revenue (TTM)US$8.26b
9.0x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLV income statement (TTM)
RevenueUS$8.26b
Cost of RevenueUS$3.83b
Gross ProfitUS$4.43b
Other ExpensesUS$3.00b
EarningsUS$1.43b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)8.27
Gross Margin53.66%
Net Profit Margin17.33%
Debt/Equity Ratio102.3%

How did SOLV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 13:53
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Solventum Corporation is covered by 20 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Travis SteedBofA Global Research
Travis SteedBofA Global Research
Michael GormanBTIG