Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
87.75
+2.24 (2.62%)
At close: Oct 8, 2026, 4:00 PM EDT
87.94
+0.19 (0.22%)
After-hours: Oct 8, 2026, 7:58 PM EDT
Medtronic Stock Forecast
Stock Price Forecast
According to 29 analysts polled by S&P Global, Medtronic stock has a consensus rating of "Buy" and an average price target of $104.44. The average 1-year stock price forecast is 19.02% higher than the current stock price, while the lowest is $85 (-3.13%) and the highest is $121 (+37.89%).
Price Target: $104.44 (+19.02%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 15 | 16 | 17 | 16 | 16 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 13 | 12 | 10 | 9 | 9 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 30 | 29 | 29 | 28 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Initiates $95 | Hold | Initiates | $95 | +8.26% | Oct 6, 2026 |
| Citi | Citi | Buy Maintains $110 | Buy | Maintains | $110 | +25.36% | Oct 5, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $118 | Buy | Maintains | $118 | +34.47% | Oct 1, 2026 |
| TD Cowen | TD Cowen | Buy Reiterates $110 | Buy | Reiterates | $110 | +25.36% | Sep 30, 2026 |
| Piper Sandler | Piper Sandler | Hold Reiterates $85 | Hold | Reiterates | $85 | -3.13% | Sep 28, 2026 |
Financial Forecast
Revenue This Year
38.98B
from 36.36B
Increased by 7.18%
Revenue Next Year
40.40B
from 38.98B
Increased by 3.65%
EPS This Year
5.98
from 5.53
Increased by 8.08%
EPS Next Year
6.41
from 5.98
Increased by 7.33%
EPS and Forward PE are based on non-GAAP adjusted numbers.