Medtronic Stock Forecast

Stock Price Forecast

The 17 analysts that cover Medtronic stock have a consensus rating of "Buy" and an average price target of $109.82, which forecasts a 13.18% increase in the stock price over the next year. The lowest target is $100 and the highest is $120.

Price Target: $109.82 (+13.18%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$100	$109.82	$111	$120
Change	+3.06%	+13.18%	+14.40%	+23.67%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	2	2	2	2	2	3
Buy	8	8	8	8	9	9
Hold	5	6	8	8	8	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	16	18	18	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robbie Marcus JP Morgan	JP Morgan	Hold Maintains $105 → $100	Hold	Maintains	$105 → $100	+3.06%	Feb 18, 2026
Matt Miksic Barclays	Barclays	Buy Maintains $116 → $118	Buy	Maintains	$116 → $118	+21.61%	Feb 18, 2026
David Rescott Baird	Baird	Hold Maintains $103 → $100	Hold	Maintains	$103 → $100	+3.06%	Feb 18, 2026
Mike Matson Needham	Needham	Strong Buy Maintains $121 → $120	Strong Buy	Maintains	$121 → $120	+23.67%	Feb 17, 2026
Matt Miksic Barclays	Barclays	Buy Initiates $116	Buy	Initiates	$116	+19.55%	Feb 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

36.41B

from 33.54B

8.57%

from 33.54B

Revenue Next Year

38.55B

from 36.41B

5.86%

from 36.41B

EPS This Year

5.70

from 3.61

58.03%

from 3.61

EPS Next Year

6.19

from 5.70

8.44%

from 5.70

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2021	Apr 29, 2022	Apr 28, 2023	Apr 26, 2024	Apr 25, 2025	Apr 25, 2026	Apr 25, 2027
Revenue	30.12B	31.69B	31.23B	32.36B	33.54B	36.41B	38.55B
Revenue Growth	4.16%	5.21%	-1.45%	3.64%	3.62%	8.57%	5.86%
EPS	2.66	3.73	2.82	2.76	3.61	5.70	6.19
EPS Growth	-24.86%	40.23%	-24.40%	-2.13%	30.80%	58.03%	8.44%
Forward PE	-	-	-	-	-	17.01	15.68
No. Analysts	-	-	-	-	-	33	33

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	38.0B	40.9B
Avg	36.4B	38.5B
Low	35.0B	37.0B

Revenue Growth

Revenue Growth	2026	2027
High	13.4%	12.2%
Avg	8.6%	5.9%
Low	4.2%	1.5%

EPS Forecast

EPS	2026	2027
High	6.11	6.71
Avg	5.70	6.19
Low	5.52	5.90

EPS Growth

EPS Growth	2026	2027
High	69.3%	17.6%
Avg	58.0%	8.4%
Low	52.8%	3.4%

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.