Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
77.32
+1.17 (1.54%)
At close: May 18, 2026, 4:00 PM EDT
77.34
+0.02 (0.02%)
After-hours: May 18, 2026, 7:59 PM EDT
Medtronic Stock Forecast
Stock Price Forecast
According to 30 analysts polled by S&P Global, Medtronic stock has a consensus rating of "Buy" and an average price target of $108. The average 1-year stock price forecast is 39.68% higher than the current stock price, while the lowest is $90 (+16.40%) and the highest is $121 (+56.49%).
Price Target: $108 (+39.68%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 8 | 9 | 9 | 9 | 9 | 9 |
| Hold | 8 | 8 | 7 | 7 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 19 | 19 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $104 → $90 | Hold | Maintains | $104 → $90 | +16.40% | Apr 22, 2026 |
| Truist Securities | Truist Securities | Hold Maintains $103 → $95 | Hold | Maintains | $103 → $95 | +22.87% | Apr 15, 2026 |
| Mizuho | Mizuho | Buy Maintains $125 → $120 | Buy | Maintains | $125 → $120 | +55.20% | Apr 13, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $108 → $106 | Buy | Maintains | $108 → $106 | +37.09% | Apr 9, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $117 → $110 | Strong Buy | Maintains | $117 → $110 | +42.27% | Apr 7, 2026 |
Financial Forecast
Revenue This Year
36.52B
from 33.54B
Increased by 8.88%
Revenue Next Year
38.87B
from 36.52B
Increased by 6.45%
EPS This Year
5.58
from 3.61
Increased by 54.54%
EPS Next Year
6.13
from 5.58
Increased by 9.79%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 38.1B | 41.3B | |||
| Avg | 36.5B | 38.9B | |||
| Low | 35.1B | 35.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.6% | 13.1% | |||
| Avg | 8.9% | 6.4% | |||
| Low | 4.6% | -1.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.92 | 6.56 | |||
| Avg | 5.58 | 6.13 | |||
| Low | 5.39 | 5.88 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 64.0% | 17.6% | |||
| Avg | 54.5% | 9.8% | |||
| Low | 49.3% | 5.4% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.