Medtronic plc (MDT)

NYSE: MDT · Real-Time Price · USD
83.35
-1.50 (-1.77%)
May 5, 2025, 4:00 PM EDT - Market closed
-1.77%
Market Cap 107.03B
Revenue (ttm) 33.20B
Net Income (ttm) 4.26B
Shares Out 1.28B
EPS (ttm) 3.27
PE Ratio 25.52
Forward PE 14.49
Dividend $2.80 (3.36%)
Ex-Dividend Date Mar 28, 2025
Volume 7,168,202
Open 84.13
Previous Close 84.85
Day's Range 83.24 - 84.27
52-Week Range 75.96 - 96.25
Beta 0.83
Analysts Hold
Price Target 94.71 (+13.63%)
Earnings Date May 22, 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 15 analysts, the average rating for MDT stock is "Hold." The 12-month stock price forecast is $94.71, which is an increase of 13.63% from the latest price.

Price Target
$94.71
(13.63% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Smart Pills Market Industry Trend Analysis, and Forecast 2025-2034, with Profiles of ANX Robotica, Bodycap, CapsoVision, Check-Cap, etectRx, Intromedic, Medtronic, Otsuka, Olympus and RF

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Medtronic Affera™ pulsed field ablation technologies continue to demonstrate promising evidence for atrial fibrillation patients

One-year clinical trial data for the next-generation, investigational, Sphere-360™ single-shot PFA catheter show impressive safety, performance, and efficiency results for paroxysmal Afib Dual-energy ...

9 days ago - PRNewsWire

Medtronic Expand URO U.S. clinical trial meets safety and effectiveness primary endpoints for Hugo™ robotic-assisted surgery system

Largest multi-center prospective Investigational Device Exemption (IDE) study for multi-port robotic-assisted urologic surgery in the U.S. presented as a late-breaker at the American Urologic Associat...

9 days ago - PRNewsWire

Medtronic receives FDA approval for smallest-diameter, lumenless defibrillation lead, the OmniaSecure™ lead and announces investigational clinical study results

Adding to the Medtronic portfolio of catheter-based lead solutions, the novel OmniaSecure defibrillation lead allows for precise delivery and placement in the right ventricle Heart Rhythm 2025: Late-b...

10 days ago - PRNewsWire

Medtronic advances Abbott CGM partnership with FDA submission of interoperable insulin pump

GALWAY, Ireland , April 24, 2025 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced it has submitted 510(k) applications to the U.S. Food and Drug Adm...

11 days ago - PRNewsWire

Orchestra BioMed Announces AVIM Therapy-Focused Satellite Symposium at HRS 2025 Annual Meeting

FDA recently granted Breakthrough Device Designation to AVIM therapy for use in patients with uncontrolled hypertension at increased cardiovascular risk HRS Satellite Symposium will feature leading ex...

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Medtronic: Time To Buy This Dividend Aristocrat Bargain

In recent months, Medtronic has soundly outperformed the S&P 500 index. The company's recent regulatory approvals should bode well for non-GAAP EPS growth in the coming years. Medtronic's interest cov...

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Medtronic: One Of The Best Times To Buy

Medtronic offers a compelling long-term investment opportunity with solid revenue and earnings growth, driven by innovation in the cardiovascular, neuromodulation, and diabetes care segments. Medtroni...

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New Simplera Sync™ sensor for the MiniMed™ 780G System now FDA approved

Latest approval expands Medtronic CGM portfolio in the U.S. GALWAY, Ireland , April 18, 2025 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced the U....

17 days ago - PRNewsWire

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Medtronic Evolut™ TAVR system shows durable clinical outcomes and outstanding valve performance at five years in low-risk aortic stenosis patients

GALWAY, Ireland and CHICAGO , March 30, 2025 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced late-breaking data on five-year outcomes from the Evol...

5 weeks ago - PRNewsWire

Medtronic: Strength In Cardiac Ablation Solutions, Upgrade To Buy

Upgraded Medtronic to a ‘Buy' rating with a fair value of $105 per share, driven by strong growth in Cardiac Ablation Solutions and TAVR markets. Medtronic reported 4.1% organic revenue growth and 6.2...

6 weeks ago - Seeking Alpha

FDA classifies recall of Medtronic embolization devices as 'most serious'

The U.S. Food and Drug Administration on Tuesday classified the recall of Medtronic's embolization device as "most serious", following reports of the deaths of four patients.

6 weeks ago - Reuters

Dividend Kings Of The Future

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CGS Transforms Workplace Training with Cicero, a New AI-Driven, Customizable Roleplay Platform

NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- CGS Immersive™, the leader in enterprise learning that is modernizing training and development with AI and XR technologies, today introduced Cicero™, a hyp...

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SMART Trial two-year data continues to demonstrate superior valve performance for Evolut TAVR™ system in small annulus patients

CRT 2025 Late Breaking Science features largest head-to-head randomized control TAVR trial to primarily enroll women using the two most widely used global TAVR devices GALWAY, Ireland and WASHINGTON ,...

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Medtronic announces cash dividend for fourth quarter of fiscal year 2025

GALWAY, Ireland , March 6, 2025 /PRNewswire/ -- The board of directors of Medtronic plc (NYSE: MDT) on Thursday, March 6, 2025, approved the company's cash dividend for the fourth quarter of fiscal ye...

2 months ago - PRNewsWire

Medtronic explores options to optimize manufacturing operations amid Trump's tariff threats

Medical device maker Medtronic is looking at options to modify its global manufacturing footprint as part of efforts to mitigate any impact of U.S. President Donald Trump's tariff plans, a company exe...

2 months ago - Reuters

US FDA approves Medtronic's medical device for Parkinson's disease

The U.S. Food and Drug Administration has approved Medtronic's deep brain stimulation system for use in patients with Parkinson's disease, the medical device maker said on Monday.

2 months ago - Reuters

Medtronic earns U.S. FDA approval for the world's first Adaptive deep brain stimulation system for people with Parkinson's

New closed-loop system self-adjusts DBS therapy to individual brain activity  in real time; the largest commercial launch of brain-computer interface technology ever  GALWAY, Ireland , Feb. 24, 2025 /...

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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...

2 months 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.

2 months ago - Benzinga