Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
94.78
+0.83 (0.88%)
At close: Oct 28, 2026, 4:00 PM EDT
95.50
+0.72 (0.76%)
After-hours: Oct 28, 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 $104.62. The average 1-year stock price forecast is 10.38% higher than the current stock price, while the lowest is $85 (-10.32%) and the highest is $121 (+27.66%).
Price Target: $104.62 (+10.38%)
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 | 17 |
| 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 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Reiterates $85 | Hold | Reiterates | $85 | -10.32% | Oct 22, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Oct 22, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Oct 16, 2026 |
| BTIG | BTIG | Buy Maintains $100 → $99 | Buy | Maintains | $100 → $99 | +4.45% | Oct 12, 2026 |
| Barclays | Barclays | Hold Initiates $95 | Hold | Initiates | $95 | +0.23% | Oct 6, 2026 |
Financial Forecast
Revenue This Year
38.97B
from 36.36B
Increased by 7.17%
Revenue Next Year
40.40B
from 38.97B
Increased by 3.66%
EPS This Year
5.98
from 5.53
Increased by 8.05%
EPS Next Year
6.41
from 5.98
Increased by 7.21%
EPS and Forward PE are based on non-GAAP adjusted numbers.