Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
86.42
+0.14 (0.16%)
At close: Apr 7, 2026, 4:00 PM EDT
87.60
+1.18 (1.37%)
Pre-market: Apr 8, 2026, 8:05 AM EDT
Medtronic Stock Forecast
Stock Price Forecast
The 18 analysts that cover Medtronic stock have a consensus rating of "Buy" and an average price target of $108.89, which forecasts a 26.00% increase in the stock price over the next year. The lowest target is $91 and the highest is $120.
Price Target: $108.89 (+26.00%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Medtronic stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 8 | 8 | 9 | 9 | 9 | 9 |
| Hold | 8 | 8 | 8 | 7 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 19 | 19 | 19 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $117 → $110 | Strong Buy | Maintains | $117 → $110 | +27.29% | Apr 7, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $115 → $108 | Buy | Maintains | $115 → $108 | +24.97% | Apr 6, 2026 |
| Argus Research | Argus Research | Strong Buy Maintains $125 → $115 | Strong Buy | Maintains | $125 → $115 | +33.07% | Apr 6, 2026 |
| Barclays | Barclays | Buy Maintains $118 → $120 | Buy | Maintains | $118 → $120 | +38.86% | Apr 1, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $105 → $91 | Hold | Maintains | $105 → $91 | +5.30% | Apr 1, 2026 |
Financial Forecast
Revenue This Year
36.52B
from 33.54B
Increased by 8.91%
Revenue Next Year
39.00B
from 36.52B
Increased by 6.77%
EPS This Year
5.66
from 3.61
Increased by 56.67%
EPS Next Year
6.13
from 5.66
Increased by 8.42%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 38.1B | 41.3B | |||
| Avg | 36.5B | 39.0B | |||
| Low | 35.1B | 36.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.6% | 13.1% | |||
| Avg | 8.9% | 6.8% | |||
| Low | 4.6% | 1.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.94 | 6.56 | |||
| Avg | 5.66 | 6.13 | |||
| Low | 5.40 | 5.88 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 64.6% | 16.0% | |||
| Avg | 56.7% | 8.4% | |||
| Low | 49.6% | 3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.