MiniMed Group Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, MiniMed Group stock has a consensus rating of "Strong Buy" and an average price target of $20.91. The average 1-year stock price forecast is 46.94% higher than the current stock price, while the lowest is $16 (+12.44%) and the highest is $25 (+75.69%).

Price Target: $20.91 (+46.94%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$16	$20.91	$20	$25
Change	+12.44%	+46.94%	+40.55%	+75.69%

Analyst Ratings

The average analyst rating for MiniMed Group stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	9	10	10
Buy	2	2	1	1
Hold	1	1	1	1
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Markowitz CFA Evercore ISI	Evercore ISI	Buy Maintains $20	Buy	Maintains	$20	+40.55%	Jun 5, 2026
Anthony Petrone Mizuho Securities	Mizuho Securities	Buy Maintains $21	Buy	Maintains	$21	+47.58%	Jun 4, 2026
Matthew O'Brien Piper Sandler	Piper Sandler	Hold Reiterates $16	Hold	Reiterates	$16	+12.44%	Jun 4, 2026
David Roman Goldman Sachs	Goldman Sachs	Buy Maintains $14 → $24	Buy	Maintains	$14 → $24	+68.66%	Jun 4, 2026
Bruce Jackson Benchmark Co.	Benchmark Co.	Buy Maintains $20	Buy	Maintains	$20	+40.55%	Jun 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.42B

from 3.10B

10.19%

from 3.10B

Revenue Next Year

3.69B

from 3.42B

7.93%

from 3.42B

EPS This Year

0.65

from -

EPS Next Year

0.73

from 0.65

11.05%

from 0.65

Fiscal Year	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 28, 2023	Apr 26, 2024	Apr 25, 2025	Apr 24, 2026	Apr 30, 2027
Revenue	2.25B	2.47B	2.72B	3.10B	3.42B
Revenue Growth	-	9.98%	9.96%	14.25%	10.19%
Gross Profit	1.32B	1.44B	1.53B	1.68B	1.94B
Gross Margin	58.62%	58.24%	56.28%	54.16%	56.78%
Operating Income	-61.00M	-67.00M	20.00M	-172.00M	208.81M
Net Income	-96.00M	-112.00M	-213.00M	-331.00M	174.67M
EPS	-	-	-	-	0.65
Forward PE	-	-	-	43.29	21.76
Free Cash Flow	-	-79.88M	106.50M	-	-160.10M
No. Analysts	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2027	2028	2029
High	3.4B
Avg	3.4B
Low	3.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	10.6%
Avg	10.2%
Low	9.2%

EPS Forecast

EPS	2027	2028	2029
High	0.87
Avg	0.65
Low	0.57

EPS Growth

EPS Growth	2028	2029
High	25.4%
Avg	11.1%
Low	-3.3%