Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
98.43
+0.73 (0.75%)
At close: Oct 6, 2025, 4:00 PM EDT
98.10
-0.33 (-0.34%)
After-hours: Oct 6, 2025, 4:57 PM EDT
Medtronic Stock Forecast
Stock Price Forecast
The 13 analysts that cover Medtronic stock have a consensus rating of "Buy" and an average price target of $102.62, which forecasts a 4.26% increase in the stock price over the next year. The lowest target is $95 and the highest is $115.
Price Target: $102.62 (+4.26%)
Analyst Consensus: Buy
* Price targets were last updated on Aug 26, 2025.
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 6 | 7 | 8 | 8 | 8 | 8 |
| Hold | 7 | 8 | 8 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $105 → $115 | Strong Buy | Maintains | $105 → $115 | +16.83% | Aug 26, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $99 → $101 | Strong Buy | Maintains | $99 → $101 | +2.61% | Aug 21, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $92 → $96 | Hold | Maintains | $92 → $96 | -2.47% | Aug 21, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $98 → $100 | Buy | Maintains | $98 → $100 | +1.60% | Aug 20, 2025 |
| UBS | UBS | Hold Maintains $94 → $95 | Hold | Maintains | $94 → $95 | -3.48% | Aug 20, 2025 |
Financial Forecast
Revenue This Year
36.21B
from 33.54B
Increased by 7.97%
Revenue Next Year
38.19B
from 36.21B
Increased by 5.45%
EPS This Year
5.68
from 3.61
Increased by 57.45%
EPS Next Year
6.14
from 5.68
Increased by 8.00%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 37.9B | 40.5B | |||
| Avg | 36.2B | 38.2B | |||
| Low | 35.1B | 36.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.0% | 11.9% | |||
| Avg | 8.0% | 5.5% | |||
| Low | 4.5% | 1.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.97 | 6.54 | |||
| Avg | 5.68 | 6.14 | |||
| Low | 5.49 | 5.88 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 65.5% | 15.1% | |||
| Avg | 57.5% | 8.0% | |||
| Low | 52.0% | 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.