Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
89.70
+0.09 (0.10%)
At close: Jul 21, 2025, 4:00 PM
90.14
+0.44 (0.49%)
After-hours: Jul 21, 2025, 7:57 PM EDT
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 $98.33, which forecasts a 9.62% increase in the stock price over the next year. The lowest target is $87 and the highest is $110.
Price Target: $98.33 (+9.62%)
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 6 | 6 | 6 | 6 | 7 | 8 |
| Hold | 8 | 7 | 7 | 7 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 2 | 2 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $98 → $100 | Buy | Maintains | $98 → $100 | +11.48% | Jul 16, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $98 → $107 | Buy | Maintains | $98 → $107 | +19.29% | Jul 15, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $98 → $99 | Strong Buy | Maintains | $98 → $99 | +10.37% | Jul 9, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $103 → $106 | Buy | Maintains | $103 → $106 | +18.17% | Jul 8, 2025 |
| Wolfe Research | Wolfe Research | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Jun 30, 2025 |
Financial Forecast
Revenue This Year
35.66B
from 33.54B
Increased by 6.32%
Revenue Next Year
37.54B
from 35.66B
Increased by 5.27%
EPS This Year
5.61
from 3.61
Increased by 55.31%
EPS Next Year
6.05
from 5.61
Increased by 7.85%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 37.6B | 40.0B | 42.0B | ||
| Avg | 35.7B | 37.5B | 39.4B | ||
| Low | 34.4B | 36.0B | 37.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 12.1% | 12.2% | 11.9% | ||
| Avg | 6.3% | 5.3% | 4.9% | ||
| Low | 2.5% | 1.0% | -0.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.89 | 6.46 | 6.94 | ||
| Avg | 5.61 | 6.05 | 6.51 | ||
| Low | 5.39 | 5.71 | 6.17 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 63.2% | 15.2% | 14.8% | ||
| Avg | 55.3% | 7.9% | 7.7% | ||
| Low | 49.3% | 1.9% | 2.1% |
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.