Medtronic plc (MDT)

NYSE: MDT · Real-Time Price · USD
87.38
-1.59 (-1.79%)
At close: Mar 12, 2026, 4:00 PM EDT
87.76
+0.38 (0.43%)
Pre-market: Mar 13, 2026, 9:00 AM EDT
Market Cap112.19B -3.3%
Revenue (ttm)35.48B +6.9%
Net Income4.61B +8.3%
EPS3.58 +9.5%
Shares Out 1.28B
PE Ratio24.41
Forward PE14.67
Dividend$2.84 (3.25%)
Ex-Dividend DateMar 27, 2026
Volume11,034,136
Open89.38
Previous Close88.97
Day's Range87.31 - 90.17
52-Week Range79.55 - 106.33
Beta0.73
AnalystsBuy
Price Target109.82 (+25.68%)
Earnings DateFeb 17, 2026

About MDT

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. 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 produc... [Read more]

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

Financial Performance

In fiscal year 2025, Medtronic's revenue was $33.54 billion, an increase of 3.62% compared to the previous year's $32.36 billion. Earnings were $4.66 billion, an increase of 26.82%.

Financial Statements

Analyst Summary

According to 19 analysts, the average rating for MDT stock is "Buy." The 12-month stock price target is $109.82, which is an increase of 25.68% from the latest price.

Price Target
$109.82
(25.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Medtronic plc (MDT) Presents at Leerink Global Healthcare Conference 2026 Transcript

Medtronic plc (MDT) Presents at Leerink Global Healthcare Conference 2026 Transcript

1 day ago - Seeking Alpha

Medtronic plc (MDT) Presents at Barclays 28th Annual Global Healthcare Conference Transcript

Medtronic plc (MDT) Presents at Barclays 28th Annual Global Healthcare Conference Transcript

2 days ago - Seeking Alpha

Medtronic to buy Scientia Vascular in $550 million deal

Medical device maker Medtronic said on Tuesday it has agreed to buy ​U.S.-based Scientia Vascular in a deal ‌valued at $550 million, aiming to expand its line-up of products used in stroke care.

3 days ago - Reuters

Medtronic to acquire Scientia Vascular, marrying access and therapeutic portfolios for neurovascular care

Deal complements Medtronic's Neurovascular portfolio, delivering simplicity and access when 'time is brain' GALWAY, Ireland, March 10, 2026 /PRNewswire/ -- Medtronic today announced its entry into a d...

3 days ago - PRNewsWire

MiniMed Group: Medtronic's Diabetes Business Does Not Convince

MiniMed Group trades at a modest 2x sales but struggles with persistent operating losses despite 10-15% annual revenue growth. The IPO priced below range at $20/share, raising $560M; Medtronic retains...

Other symbols: MMED
6 days ago - Seeking Alpha

Medtronic's diabetes unit MiniMed valued at $5.3 billion as shares fall in Nasdaq debut

Shares of MiniMed , the ​diabetes business of medical device ‌maker Medtronic , opened 4.8% below their offer price in their Nasdaq ​debut on Friday, valuing ​it at $5.3 billion.

Other symbols: MMED
6 days ago - Reuters

MiniMed to begin trading on Nasdaq Global Select Market

GALWAY, Ireland, March 6, 2026 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, announced that MiniMed Group, Inc. (Nasdaq: MMED) will begin trading today on the Na...

Other symbols: MMED
6 days ago - PRNewsWire

Medtronic's diabetes unit MiniMed raises $560 million in US IPO

MiniMed, the ​diabetes business ‌of medical ​device ​maker Medtronic , said ⁠on ​Thursday it ​has raised $560 million ​in ​its U.S. initial ‌public ⁠offering.

Other symbols: MMED
7 days ago - Reuters

MiniMed announces pricing of initial public offering

GALWAY, Ireland and NORTHRIDGE, Calif., March 5, 2026 /PRNewswire/ -- MiniMed Group, Inc. (MiniMed), a subsidiary of Medtronic plc (Medtronic) (NYSE: MDT), today announced the pricing of its initial p...

7 days ago - PRNewsWire

Medtronic announces cash dividend for fourth quarter of fiscal year 2026

GALWAY, Ireland, March 5, 2026 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE:MDT) on Thursday, March 5, 2026, approved the company's cash dividend for the fourth quarter of fiscal year...

7 days ago - PRNewsWire

3 Dividend Stocks for March 2026

These dividend-growth stocks are attractive today.

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9 days ago - Morningstar

Medtronic CFO Thierry Piéton to speak at upcoming investor conferences

GALWAY, Ireland, March 3, 2026 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced that Thierry Piéton, Medtronic executive vice president and chief fin...

9 days ago - PRNewsWire

Best Dividend Aristocrats For March 2026

The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) is up 9.39% YTD in 2026, decisively outperforming SPY's 1.08%. Dividend Aristocrats are regaining momentum after a weak 2025, with 55 outpacing SPY...

13 days ago - Seeking Alpha

Medtronic begins EMEA commercial launch of MiniMed Go Smart MDI system with Simplera sensor

Real-time actionable insights on one mobile app for people who manage their diabetes using multiple daily injections GALWAY, Ireland, Feb. 25, 2026 /PRNewswire/ -- Medtronic (NYSE: MDT), a global lead...

15 days ago - PRNewsWire

MiniMed announces launch of IPO roadshow

GALWAY, Ireland, Feb. 24, 2026 /PRNewswire/ -- MiniMed Group, Inc. (MiniMed), a subsidiary of Medtronic plc (Medtronic) (NYSE: MDT), today announced that it has launched a roadshow for the initial pub...

16 days ago - PRNewsWire

Medtronic's MiniMed aims to raise $784 million in US IPO

Medtronic's diabetes business MiniMed Group said on Tuesday it was aiming to raise as much as $784 million in its initial public offering in the United States.

Other symbols: MMED
17 days ago - Reuters

Medtronic Analysts Cut Their Forecasts After Q3 Earnings

Medtronic PLC (NYSE: MDT) posted better-than-expected earnings for the third quarter on Tuesday.

22 days ago - Benzinga

Medtronic Reaffirms 2026 Outlook As Heart and Diabetes Units Drive Growth

Adjusted earnings of $1.36 per share also beat expectations of $1.33.

23 days ago - Benzinga

Medtronic plc (MDT) Q3 2026 Earnings Call Transcript

Medtronic plc (MDT) Q3 2026 Earnings Call Transcript

23 days ago - Seeking Alpha

Medtronic Profit Falls Despite Higher Revenue

Medtronic said profit fell in its fiscal third quarter as costs rose and the company invested more money into the business, offsetting higher revenue.

24 days ago - WSJ

Medtronic Posts Better-Than-Expected Earnings. Here's Why the Stock Is Falling.

Medtronic says it expects to take a $185 million hit from tariffs in the fiscal year.

24 days ago - Barrons

Medtronic beats quarterly profit estimates on robust demand for heart devices

Medtronic surpassed Wall Street expectations for third-quarter profit on Tuesday, buoyed by strong demand for its heart devices and diabetes monitors.

24 days ago - Reuters

Medtronic reports strong third quarter fiscal 2026 results with highest enterprise revenue growth in 10 quarters

Cardiovascular portfolio up 11% year-over-year; Cardiac Ablation Solutions grew 80% on strength of pulsed field ablation portfolio GALWAY, Ireland, Feb. 17, 2026 /PRNewswire/ -- Medtronic plc (NYSE: M...

24 days ago - PRNewsWire

Medtronic announces first surgery with Hugo™ robotic-assisted surgery system in the U.S. performed at Cleveland Clinic

Newly FDA-cleared system helps expand patient access to minimally invasive surgery Cleveland Clinic joins nationally recognized academic medical centers including Atrium Health Wake Forest Baptist Hig...

24 days ago - PRNewsWire

Medtronic: Navigating Tariffs And Chinese VBP Challenges

Medtronic delivered solid Q2 results with beats on revenue and EPS, but now trades at a 5% premium to fair value. Segment growth was led by Cardiovascular and Diabetes, though headwinds from Chinese p...

27 days ago - Seeking Alpha