Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
93.10
+0.77 (0.83%)
Mar 14, 2025, 10:55 AM EDT - Market open

Medtronic Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Medtronic stock have an average target of 94.64, with a low estimate of 76 and a high estimate of 109. The average target predicts an increase of 1.65% from the current stock price of 93.10.

Analyst Consensus: Hold
Target Low Average Median High
Price $76 $94.64 $95 $109
Change -18.37% +1.65% +2.04% +17.08%

Analyst Ratings

The average analyst rating for Medtronic stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 111111
Buy 555555
Hold 888887
Sell 000000
Strong Sell 222222
Total 161616161615

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Upgrades
$92$107
Strong Buy Upgrades $92$107 +14.93% Mar 4, 2025
RBC Capital
RBC Capital
Buy
Reiterates
$105
Buy Reiterates $105 +12.78% Feb 19, 2025
UBS
UBS
Hold
Maintains
$85$95
Hold Maintains $85$95 +2.04% Feb 19, 2025
Baird
Baird
Hold
Maintains
$90$91
Hold Maintains $90$91 -2.26% Feb 19, 2025
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Feb 19, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
33.83B
from 32.36B
Increased by 4.52%
Revenue Next Year
35.33B
from 33.83B
Increased by 4.44%
EPS This Year
5.51
from 2.76
Increased by 99.57%
EPS Next Year
5.90
from 5.51
Increased by 7.08%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Apr 24, 2020 Apr 30, 2021 Apr 29, 2022 Apr 28, 2023 Apr 26, 2024 Apr 26, 2025 Apr 26, 2026 Apr 26, 2027
Revenue
28.91B30.12B31.69B31.23B32.36B33.83B35.33B37.13B
Revenue Growth
-5.38%4.16%5.21%-1.45%3.64%4.52%4.44%5.11%
EPS
3.542.663.732.822.765.515.906.35
EPS Growth
3.81%-24.86%40.23%-24.40%-2.13%99.57%7.08%7.67%
Forward PE
-----16.9015.7814.66
No. Analysts -----343429
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 35.3B 37.2B 39.2B
Avg 33.8B 35.3B 37.1B
Low 32.7B 33.9B 35.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
9.0%
9.9%
10.9%
Avg
4.5%
4.4%
5.1%
Low
1.2%
0.2%
0.4%

EPS Forecast

EPS 20252026202720282029
High 5.75 6.34 6.83
Avg 5.51 5.90 6.35
Low 5.33 5.64 5.99

EPS Growth

EPS Growth 20252026202720282029
High
108.5%
15.1%
15.7%
Avg
99.6%
7.1%
7.7%
Low
93.2%
2.3%
1.5%
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.