MDTMDTHealthcare · Medical Devices

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

Last close, 4 Nov 2026
$105
+6.22% on the day

The 30 Wall Street analysts covering Medtronic Plc hold a median 12-month price target of $106 — +0.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 89 of 100 as at 4 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$134.3B
Ticker Nerd rank
89/ 100
Median analyst target
$106
Analysts covering
30
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
+10.8%
1M
+21.6%
YTD
+12.1%
1Y
+20.0%
From 52W high
0.0%
From 52W low
+44.9%
$73
$105
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 4 Nov 2026
89/ 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
Revisions
75
Quality
73
Growth
70
Momentum
67
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 systematic trader with 15+ 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 says30 analysts
20 Buy10 Hold0 Sell
Low $85Median $106High $121

The green dot is the last close — the median target sits +0.9% 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$91 → $100
2 Sept 2026BairdMaintainsNeutral—
2 Sept 2026RBC CapitalReiteratesOutperform$118
2 Sept 2026RBC CapitalReiteratesOutperform—
2 Sept 2026StifelMaintainsHold$80 → $95
2 Sept 2026StifelMaintainsHold—
2 Sept 2026Truist SecuritiesReiteratesHold$86 → $99
2 Sept 2026Truist SecuritiesReiteratesHold—
2 Sept 2026Wells FargoMaintainsOverweight$102 → $104
2 Sept 2026Wells FargoMaintainsOverweight—
1 Sept 2026BTIGMaintainsBuy$91 → $100
1 Sept 2026BTIGMaintainsBuy—

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.

MDT appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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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 4 Nov 2026, Medtronic Plc returned +20.0% against +14.8% 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 movingThis fiscal year
EPS revision, 90 days
+0.4%
Analysts raising
2
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
25.9×

Cheaper than 29% of US stocks

Price / sales
3.6×

Cheaper than 33% of US stocks

Price / book
2.7×

Cheaper than 33% of US stocks

EV / EBITDA
14.1×

Cheaper than 25% of US stocks

Growth & margins
Revenue growth (YoY)
13.7%

Higher than 61% of US stocks

Earnings growth (YoY)
41.3%

Higher than 72% 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
2.7%

Higher than 85% 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 $134.3B and an enterprise value of $146.4B.

  • 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: 25.9×; forward P/E: 16.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.74%, 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 5 Nov 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$134.3B89
SYKStryker Corp.$129.9B73
ABTAbbott Laboratories$200.9B58
BSXBoston Scientific Corp.$67.9B57
EWEdwards Lifesciences Corp.$57.2B91
GEHCGE Healthcare Technologies, Inc.$39.1B82
DXCMDexCom, Inc.$34.1B98

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 to announce financial results for its second quarter of fiscal year 2027

PRNewsWire · 4 Nov 2026neutral

Medtronic said it will report results for its second quarter of fiscal 2027 on November 24, 2026. The quarter ended October 30, 2026, and a summary financial information release is scheduled for 5:45 a.m.

Why it matters — MDT watchers will receive the company’s financial update for the quarter on that date.

These 12 stocks are good bets to beat the 10-year Treasury over the next decade

Market Watch · 4 Nov 2026neutral

MarketWatch’s headline says 12 stocks are considered good bets to outperform the 10-year Treasury over the next decade; the excerpt describes them as investment newsletters’ favorite Dividend Aristocrat stocks. The provided text does not identify the stocks.

Why it matters — A Medtronic watcher may note the item’s focus on Dividend Aristocrats, but the excerpt does not establish whether MDT is among the stocks discussed.

TCT26: Medtronic Symplicity blood pressure procedure shows significant blood pressure drops in SPYRAL AFFIRM real-world study

PRNewsWire · 3 Nov 2026positive

Medtronic reported that the SPYRAL AFFIRM post-approval study found statistically significant and clinically meaningful blood pressure reductions six months after treatment with its Symplicity Spyral renal denervation system, across office, home, and 24-hour ambulatory measures, with no increase in antihypertensive medications. Nearly nine in 10 patients experienced a clinical benefit, and Medtronic received FDA approval for a U.S. labeling update.

Why it matters — The results and labeling update add clinical evidence for a Medtronic blood pressure treatment and may be relevant to watchers tracking the product’s clinical and regulatory progress.

Medtronic (MDT) Ascends While Market Falls: Some Facts to Note

Zacks Investment Research · 2 Nov 2026positive

Medtronic closed at $99.36, up 2.92% from its previous close, while the broader market fell, according to the excerpt.

Why it matters — MDT watchers may note the stock’s daily gain relative to the market’s decline.

The Best Dividend Stocks to Buy With $5,000 in November

The Motley Fool · 2 Nov 2026neutral

The Motley Fool headline discusses dividend stocks to buy with $5,000 in November. The excerpt says AbbVie’s profits are soaring after it weathered the loss of Humira, while J&J’s streamlining efforts are paying off.

Why it matters — The excerpt focuses on AbbVie and J&J, not Medtronic, so it offers no specific information about MDT.

FAQ

Frequently asked questions about MDT stock

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

The 30 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 30 analysts covering Medtronic Plc, 20 rate it a Buy, 10 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Medtronic Plc 89 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MDT?

As at 4 Nov 2026, Medtronic Plc ranks 89 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 30 analysts implies +0.9% from the last close, and Ticker Nerd's factor model ranks Medtronic Plc 89 out of 100 as at 4 Nov 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 +20.0% over the 12 months to 4 Nov 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 (PRNewsWire, 4 Nov 2026): "Medtronic to announce financial results for its second quarter of fiscal year 2027". Medtronic said it will report results for its second quarter of fiscal 2027 on November 24, 2026. The quarter ended October 30, 2026, and a summary financial information release is scheduled for 5:45 a.m.

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