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SN · story · 9 October – 5 November

Smith & Nephew lowers 2026 guidance and ends talks with J&J

Smith & Nephew · 20 headlines from 14 outlets, from 9 October 2026 to 5 November 2026.

The story

−4.0negative
Headlines20
Outlets14
Days59 October – 5 November

Smith & Nephew reported $1.55bn in revenue for the third quarter, lowered its expectations for the whole year because its US orthopaedics business was softer, and ended discussions with J&J about a merger.

Tone by day

Average of each day's headlines, −10 to +10.

Source: MarketFrame news analysis

Tone by day. Average of each day's headlines, −10 to +10. Source: MarketFrame news analysis
dayAverage tone
9 Oct0.3
21 Oct0.0
3 Nov3.7
4 Nov1.3
5 Nov−5.7

The story's tone is the average of its headlines' own scores. Each score rates how good or bad the news was for the company, from −10 (clearly bad) to +10 (clearly good). 0 is neutral, and anything beyond ±6 is strong and rare. It rates the coverage, not the share price.

How each outlet covered it · 14 outlets

The 10 outlets with the most impact on the tone

Average tone of each outlet's headlines in this story, −10 to +10. Impact = headlines × strength of tone.

Source: MarketFrame news analysis

The 10 outlets with the most impact on the tone. Average tone of each outlet's headlines in this story, −10 to +10. Impact = headlines × strength of tone. Source: MarketFrame news analysis
outletAverage tone
TradingView−6.7
Proactive Investors UK−10.0
Sharecast−10.0
Proactive financial news−10.0
Investing.com Nigeria−9.2
London South East−8.3
Yahoo Finance−8.3
Kalkine Media1.5
Investing.com−2.9
MarketScreener−2.9
OutletHeadlinesAverage tone
TradingView2−6.7
Proactive Investors UK1−10.0
Sharecast1−10.0
Proactive financial news1−10.0
Investing.com Nigeria1−9.2
London South East1−8.3
Yahoo Finance1−8.3
Kalkine Media4+1.5
Investing.com2−2.9
MarketScreener2−2.9
All 14 outlets
OutletHeadlinesAverage tone
Insider Media Ltd1−5.0
Stock Titan1+0.3
Seeking Alpha10.0
AD HOC NEWS10.0

One or two headlines is not a lean: read these as how this story was told, not as a verdict on the outlet.

Day by day · 5 days, strongest headlines first

Thursday 5 November 202615 headlines · Smith & Nephew reported $1.55bn in revenue for the third quarter, lowered its expectations for the whole year because its US orthopaedics business was softer, and ended discussions with J&J about a merger.−5.7
ToneWhat the article reported, and why it scored that waySource
−10.0Lower guidance driven by declining US hip and knee demand.Proactive Investors UK (opens the article) ↗
−10.0Lower annual guidance because of US orthopaedics weakness.Sharecast (opens the article) ↗
−10.0Annual guidance lowered as US orthopaedics demand weakens.Proactive financial news (opens the article) ↗
−10.0Quarterly revenue below forecasts and weaker outlook on US market.TradingView (opens the article) ↗
−9.2Share price falling on the day after the update.Investing.com (opens the article) ↗
−9.2Share price falling on the day after the update.Investing.com Nigeria (opens the article) ↗
−8.3Lowered forecast and collapse of discussions with a large peer.London South East (opens the article) ↗
−8.3Talks with rival's orthopaedics unit ended and revenue outlook reduced.Yahoo Finance (opens the article) ↗
7 more headlines that day
ToneWhat the article reported, and why it scored that waySource
−5.8Revenue grew but forecast was lowered.MarketScreener (opens the article) ↗
−5.0Quarter grew but annual expectations were reduced.Insider Media Ltd (opens the article) ↗
−3.3Official quarterly update; context elsewhere shows weak outlook.TradingView (opens the article) ↗
+3.3Earnings per share ahead of forecasts and shares reportedly higher.Investing.com (opens the article) ↗
0.0Presentation material for the quarterly trading update, purely factual.Seeking Alpha (opens the article) ↗
0.0Brief factual revenue figure for the quarter.MarketScreener (opens the article) ↗
0.0Preview of upcoming trading report, no outcome yet.Kalkine Media (opens the article) ↗
Wednesday 4 November 20262 headlines · Pieces preview the trading update due tomorrow and ask about its sector position.+1.3
ToneWhat the article reported, and why it scored that waySource
+1.7Previews upcoming trading update following a new cartilage product launch.Kalkine Media (opens the article) ↗
+0.8Commentary on its competitive standing; speculative and fairly neutral.Kalkine Media (opens the article) ↗
Tuesday 3 November 20261 headline · A piece asks whether S&N will show orthopaedics gains.+3.7
ToneWhat the article reported, and why it scored that waySource
+3.7Commentary on potential orthopaedics recovery, mildly optimistic but speculative.Kalkine Media (opens the article) ↗
Wednesday 21 October 20261 headline · Smith & Nephew shares are priced at EUR 13.00 ahead of its results on 4 November.0.0
ToneWhat the article reported, and why it scored that waySource
0.0Share price preview ahead of results; purely factual.AD HOC NEWS (opens the article) ↗
Friday 9 October 20261 headline · An analyst call will follow the Q3 trading report on 4 November.+0.3
ToneWhat the article reported, and why it scored that waySource
+0.3Scheduling notice for Q3 trading report and analyst call; neutralStock Titan (opens the article) ↗

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How it works. Every morning an AI model reads the UK business news about each FTSE 100 company and scores how good or bad it is for the company, from −10 to +10. Pages update by about 07:45 UK time.

Not investment advice. MarketFrame rates the tone of news coverage. It is general information, not a recommendation to buy or sell anything. The scores are not share-price data or forecasts: a good score doesn't mean a share will rise, and a bad one doesn't mean it will fall.

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