Medtronic plc (MDT)

NYSE: MDT · Real-Time Price · USD
87.00
+0.93 (1.08%)
Feb 19, 2025, 4:00 PM EST - Market closed
1.08%
Market Cap 111.64B
Revenue (ttm) 33.20B
Net Income (ttm) 4.26B
Shares Out 1.28B
EPS (ttm) 3.27
PE Ratio 26.60
Forward PE 15.10
Dividend $2.80 (3.22%)
Ex-Dividend Date Dec 27, 2024
Volume 7,687,933
Open 86.00
Previous Close 86.07
Day's Range 85.70 - 87.17
52-Week Range 75.96 - 93.08
Beta 0.86
Analysts Hold
Price Target 93.87 (+7.9%)
Earnings Date Feb 18, 2025

About MDT

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accesso... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1949
Employees 95,000
Stock Exchange NYSE
Ticker Symbol MDT
Full Company Profile

Financial Performance

In 2024, Medtronic's revenue was $32.36 billion, an increase of 3.64% compared to the previous year's $31.23 billion. Earnings were $3.68 billion, a decrease of -2.18%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for MDT stock is "Hold." The 12-month stock price forecast is $93.87, which is an increase of 7.90% from the latest price.

Price Target
$93.87
(7.90% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Medtronic plc (MDT) Q3 2025 Earnings Call Transcript

Medtronic plc (NYSE:MDT) Q3 2025 Earnings Conference Call February 18, 2025 8:00 AM ET Company Participants Ryan Weispfenning - Vice President and Head of Investor Relations Geoff Martha - Chairman a...

1 day ago - Seeking Alpha

Medtronic Q3 Earnings: Cardiovascular And Neuroscience Drive Growth, Surgical Revenue Dips, Reaffirms Annual Forecast

Tuesday, Medtronic Plc MDT reported third-quarter 2025 sales of $8.29 billion, missing the consensus of $8.32 billion.

1 day ago - Benzinga

Medtronic credits heart-surgery-device growth as profit tops analyst estimates

Medtronic said it is “starting to see the results” of its investment in new products.

1 day ago - Market Watch

Medtronic beats quarterly profit estimates on strong heart, diabetes device sales

Medtronic beat Wall Street estimates for quarterly profit on Tuesday, on strong demand for its heart and diabetes devices.

1 day ago - Reuters

Medtronic reports third quarter fiscal 2025 financial results

Delivering durable revenue growth with strong earnings power; strength in Pulsed Field Ablation, Pacing, Structural Heart, Diabetes, and Neuromodulation GALWAY, Ireland , Feb. 18, 2025 /PRNewswire/ --...

1 day ago - PRNewsWire

Medtronic: Several Reasons For Optimism Before The Upcoming Earnings Release

Medtronic: Several Reasons For Optimism Before The Upcoming Earnings Release

5 days ago - Seeking Alpha

Retirement Strategy: 2 Dividend Aristocrats At Bargain Prices

Buying battle-tested dividend aristocrats can be a winning strategy for those seeking durable retirement income. What's even better is if they also carry strong balance sheets and are attractively val...

Other symbols: MO
7 days ago - Seeking Alpha

Here are the best performing dividend aristocrats stocks in 2025

Dividend aristocrat stocks have largely done well in the past few years. The closely-followed ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has jumped by over 133% from its lowest level in 2020.

Other symbols: ABTAPDDOVIBM
14 days ago - Invezz

Medtronic to announce financial results for its third quarter of fiscal year 2025

GALWAY, Ireland , Feb. 5, 2025 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced that it will report financial results for its third quarter of fisca...

14 days ago - PRNewsWire

North America Balloon Sinuplasty Systems Market Outlook to 2033, with Profiles of Leading Companies Acclarent, Medtronic and Entellus Medical

Dublin, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The "North America Balloon Sinuplasty Systems Market Outlook to 2033" report has been added to ResearchAndMarkets.com's offering. The comprehensive databook r...

16 days ago - GlobeNewsWire

Chart Master: Four stocks on cusp of breakout

Carter Worth, Worth Charting, gives his technical analysis on four stocks on the verge of breaking out.

Other symbols: ACNCRWDUNP
19 days ago - CNBC Television

Medtronic appoints Renault's exec Thierry Piéton as finance chief

Medtronic said on Monday it will appoint Renault's finance chief Thierry Piéton as its Chief Financial Officer, effective March 3.

4 weeks ago - Reuters

Medtronic appoints Thierry Piéton as Chief Financial Officer

GALWAY, Ireland , Jan. 21, 2025 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced that Thierry Piéton has been appointed Chief Financial Officer for ...

4 weeks ago - PRNewsWire

Medtronic plc (MDT) 43rd Annual J.P. Morgan Healthcare Conference (Transcript)

Medtronic plc (NYSE:MDT) 43rd Annual J.P. Morgan Healthcare Conference Call January 13, 2025 5:15 PM ET Company Participants Geoff Martha - Chief Executive Officer Sean Salmon - EVP & President, Card...

5 weeks ago - Seeking Alpha

Medtronic announces CMS national coverage analysis for Symplicity™ Spyral Renal Denervation System

National coverage analysis is the first-of-its kind for a minimally invasive, interventional treatment for high blood pressure Milestone is supported by large public health need and robust, long-term ...

5 weeks ago - PRNewsWire

Medtronic achieves CE Mark approval for BrainSense™ Adaptive deep brain stimulation and Electrode Identifier, a groundbreaking advance in personalized, sensing-enabled care for people with Parkinson's through innovative brain-computer interface technology

European approval introduces the world's only closed-loop DBS system with real-time, self-adjusting brain stimulation for people with Parkinson's disease GALWAY, Ireland , Jan. 13, 2025 /PRNewswire/ -...

5 weeks ago - PRNewsWire

Medtronic: Scoop Up This Dividend Aristocrat On Sale Now

Shares of Medtronic have lagged the S&P 500 index in the months since my previous article. The company's revenue and non-GAAP EPS grew during its fiscal Q2. Medtronic boasts an A credit rating from S&...

6 weeks ago - Seeking Alpha

Kuros Biosciences USA, Inc. Announces an Exclusive Strategic Agreement with the Medtronic Spinal Division

Medtronic will act as the exclusive sales agent of MagnetOsTM for Kuros Biosciences USA, Inc. in mutually agreed upon sales territories for use in spine surgeries Kuros will work collaboratively to se...

6 weeks ago - Accesswire

Medtronic Chairman and CEO Geoff Martha to speak at J.P. Morgan healthcare conference

GALWAY, Ireland , Jan. 6, 2025 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced it will participate in the 43rd annual J.P. Morgan healthcare confere...

6 weeks ago - PRNewsWire

Medtronic: A Dividend Aristocrat That's Poised To Pop

Medtronic offers value and income potential with a 3.5% dividend yield, strong fundamentals, and 47 years of consecutive dividend increases. Despite recent share price underperformance, MDT shows soli...

6 weeks ago - Seeking Alpha

2 Cheap Dividend Aristocrats to Buy for 2025

#Morningstar  #DividendArtisocrats #StockInvesting These reliable dividend stocks look significantly undervalued today. 00:00 Introduction 00:39 Federal Realty Trust FRT 01:25 Medtronic MDT Susan Dziu...

Other symbols: FRT
7 weeks ago - Morningstar

My Best Dividend Aristocrats For January 2025

The ProShares S&P 500 Dividend Aristocrat ETF rocked a cool 4.85% gain in November, but it's giving up nearly half of its return this year in December. I present 3 strategies that can theoretically be...

Other symbols: ADMALBBDXBENCHRWECLHRL
7 weeks ago - Seeking Alpha

Medtronic Stock Is Still A Great "Buy"

Medtronic remains a "Buy" due to its undervalued stock, recent product launches, and resolved supply chain issues, despite underperformance over the past 7 months. The company posted solid Q2 results ...

2 months ago - Seeking Alpha

Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends

"Dividend Aristocrats

2 months ago - Seeking Alpha

Medtronic announces cash dividend for third quarter of fiscal year 2025

GALWAY, Ireland , Dec. 5, 2024 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE: MDT) on Thursday, December 5, 2024, approved the company's cash dividend for the third quarter of fiscal y...

2 months ago - PRNewsWire