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
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 '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 5 | 5 | 5 | 5 | 5 | 5 |
Hold | 8 | 8 | 8 | 8 | 8 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
Total | 16 | 16 | 16 | 16 | 16 | 15 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Hold → Strong Buy Upgrades $92 → $107 | Hold → 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 |
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%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 9.0% | 9.9% | 10.9% | ||
Avg | 4.5% | 4.4% | 5.1% | ||
Low | 1.2% | 0.2% | 0.4% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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.