MDTMDTHealthcare · Medical Devices

MDT Stock Forecast: Medtronic Plc Price Predictions for 2026-2027

Last close, 14 Oct 2026
$94
+1.31% on the day

The 29 Wall Street analysts covering Medtronic Plc hold a median 12-month price target of $106 — +12.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 90 of 100 as at 14 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$120.5B
Ticker Nerd rank
90 / 100
Median analyst target
$106
Analysts covering
29
Revenue$9.8B+13.7% y/y
Operating income$1.8B
Net income$1.5B
Free cash flow$1.3B
Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+10.2%
1M
+1.3%
YTD
+0.6%
1Y
+0.8%
From 52W high
−7.6%
From 52W low
+30.0%
$73
$102
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MDT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Medtronic Plc on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 14 Oct 2026
90 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
100
Value
91
Issuance
86
Quality
74
Revisions
74
Growth
70
Momentum
69
Accruals
57
Size
2

Volatility (100): The share price has been relatively steady.

Accruals (57): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

MDT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MDT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$70$80$90$100$110$120Jan 26Apr 26Jul 26Oct 26MDTHigh $121Median $106Low $85

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says29 analysts
19 Buy10 Hold0 Sell
Low $85Median $106High $121

The green dot is the last close — the median target sits +12.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
12 Oct 2026BTIGMaintainsBuy$100 → $99
7 Oct 2026BarclaysInitiatesEqual-Weight$95
30 Sept 2026TD CowenReiteratesBuy$110
30 Sept 2026TD CowenReiteratesBuy—
3 Sept 2026UBSMaintainsBuy—
3 Sept 2026UBSMaintainsBuy$100 → $110
2 Sept 2026B of A SecuritiesMaintainsBuy$95 → $110
2 Sept 2026B of A SecuritiesMaintainsBuy—
2 Sept 2026BairdMaintainsNeutral—
2 Sept 2026BairdMaintainsNeutral$91 → $100
2 Sept 2026RBC CapitalReiteratesOutperform—
2 Sept 2026RBC CapitalReiteratesOutperform$118
2 Sept 2026StifelMaintainsHold—
2 Sept 2026StifelMaintainsHold$80 → $95
2 Sept 2026Truist SecuritiesReiteratesHold—
2 Sept 2026Truist SecuritiesReiteratesHold$86 → $99
2 Sept 2026Wells FargoMaintainsOverweight—
2 Sept 2026Wells FargoMaintainsOverweight$102 → $104
1 Sept 2026BTIGMaintainsBuy—
1 Sept 2026BTIGMaintainsBuy$91 → $100

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MDT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

MDT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 14 Oct 2026, Medtronic Plc returned +0.8% against +17.5% for the S&P 500, dividends included.

MDT vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Jan 26Apr 26Jul 26Oct 26MDTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MDT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.5%
Analysts raising
22
Analysts cutting
2
Fundamentals

Medtronic Plc (MDT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
23.2×

Cheaper than 32% of US stocks

Price / sales
3.2×

Cheaper than 37% of US stocks

Price / book
2.4×

Cheaper than 37% of US stocks

EV / EBITDA
13.5×

Cheaper than 26% of US stocks

Growth & margins
Revenue growth (YoY)
13.7%

Higher than 60% of US stocks

Earnings growth (YoY)
41.3%

Higher than 71% of US stocks

Gross margin
65.0%

Higher than 78% of US stocks

Operating margin
19.3%

Higher than 78% of US stocks

Net margin
13.9%

Higher than 76% of US stocks

Returns & dividend
Return on equity
10.6%

Higher than 65% of US stocks

Return on assets
5.1%

Higher than 77% of US stocks

Dividend yield
3.1%

Higher than 86% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Medtronic Plc (MDT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Medtronic Plc has a market value of $120.5B and an enterprise value of $140.5B.

  • Revenue in the twelve months to 31 July 2026: $37.5B. The latest quarter grew 13.7% year on year.

  • Net income over the same four quarters: $5.3B, a 14.0% net margin.

  • Diluted earnings per share, trailing twelve months: $4.06.

  • Free cash flow in the twelve months to 31 July 2026: $6.1B.

  • Medtronic Plc spent $1.2B on share buybacks and $3.6B on dividends in the twelve months to 31 July 2026.

  • Shares outstanding: 1.3B.

  • Trailing P/E: 23.2×; forward P/E: 14.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.06%, paying out 70% of earnings.

  • Medtronic Plc employs 95,000 people — $395K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 15 Oct 2026

Data provided by Twelve Data

Peers

MDT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelMedical Devices
CompanyMarket capTKN rank
MDTMedtronic Plc$120.5B
90
SYKStryker Corp.$107.7B
73
ABTAbbott Laboratories$179.1B
58
BSXBoston Scientific Corp.$63.7B
56
EWEdwards Lifesciences Corp.$49.8B
93
DXCMDexCom, Inc.$32.2B
99
GEHCGE Healthcare Technologies, Inc.$31.2B
68

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Medtronic Plc — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MDT news & analysis

Medtronic Pays More Today. Abbott Raises Its Dividend Faster.

24/7 Wall Street · 14 Oct 2026neutral

The article compares Medtronic and Abbott as Dividend Kings, saying Medtronic pays more today while Abbott is raising its dividend faster. It frames the companies as offering different income profiles for investors.

Why it matters — MDT watchers may find the comparison relevant when evaluating Medtronic’s dividend against Abbott’s pace of dividend growth.

Medtronic Announces Final Results of MiniMed Group, Inc. Exchange Offer

PRNewsWire · 14 Oct 2026neutral

Medtronic announced the final results of its previously announced offer to exchange outstanding Medtronic ordinary shares for MiniMed Group common stock. The exchange ratio was determined by a formula described in MiniMed’s Form S-4 registration statement.

Why it matters — The announcement provides MDT watchers with an update on the exchange offer involving MiniMed Group.

Top 10 Powder Keg Stocks Where Short Sellers Are Sitting on a Fuse

Benzinga · 13 Oct 2026neutral

Benzinga reports that 10 stocks each had more than 38% of their float sold short, with market caps above $2 billion and average daily volume above 1 million shares, based on Benzinga Pro screener data as of Oct. 12.

Why it matters — The excerpt does not say whether Medtronic is among the 10 stocks, so it offers no specific information about MDT.

Medtronic Announces Preliminary Results of MiniMed Group, Inc. Exchange Offer

PRNewsWire · 12 Oct 2026neutral

Medtronic announced that preliminary results showed its offer to exchange Medtronic ordinary shares for MiniMed Group common stock was oversubscribed. The offer expired at midnight New York City time on October 9, 2026.

Why it matters — The result provides MDT watchers with an update on participation in Medtronic’s MiniMed share exchange offer.

FAQ

Frequently asked questions about MDT stock

What is the MDT stock price forecast for 2026-2027?

The 29 Wall Street analysts covering Medtronic Plc have a median 12-month price target of $106, with estimates ranging from $85 to $121. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MDT stock a buy right now?

Of the 29 analysts covering Medtronic Plc, 19 rate it a Buy, 10 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Medtronic Plc 90 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MDT?

As at 14 Oct 2026, Medtronic Plc ranks 90 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (100 of 100).

Will MDT stock go up?

No one can know that. What the data says: the median 12-month target from 29 analysts implies +12.5% from the last close, and Ticker Nerd's factor model ranks Medtronic Plc 90 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MDT stock forecast for 2030?

No analyst covering Medtronic Plc publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MDT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $85 to $121 over the next 12 months.

How has MDT stock performed over the past year?

Medtronic Plc returned +0.8% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Medtronic Plc do?

Medtronic plc is a global medical technology company that develops, manufactures, and sells device-based therapies and healthcare solutions. Its portfolio spans cardiovascular care, neuroscience, medical surgical products, and diabetes management, supporting the diagnosis, treatment, and monitoring of a wide range of chronic and complex conditions.

What is the latest news on MDT?

The most recent item we track (24/7 Wall Street, 14 Oct 2026): "Medtronic Pays More Today. Abbott Raises Its Dividend Faster.". The article compares Medtronic and Abbott as Dividend Kings, saying Medtronic pays more today while Abbott is raising its dividend faster. It frames the companies as offering different income profiles for investors.

Company

About Medtronic Plc.

Medtronic plc is a global medical technology company that develops, manufactures, and sells device-based therapies and healthcare solutions. Its portfolio spans cardiovascular care, neuroscience, medical surgical products, and diabetes management, supporting the diagnosis, treatment, and monitoring of a wide range of chronic and complex conditions. Medtronic supplies hospitals, clinics, physicians, and other healthcare providers with products such as cardiac rhythm devices, neuromodulation systems, surgical instruments, insulin pumps, and patient monitoring technologies. The company serves healthcare systems across the United States and international markets, making it an important participant in modern medical device supply chains and clinical care delivery. Headquartered in Dublin, Ireland, Medtronic plc focuses on technologies used in everyday care and advanced procedures, helping healthcare professionals address conditions across many specialties.

CEO Mr. Geoffrey Straub Martha · 95,000 employees · Ireland · https://www.medtronic.com