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Medtronic (MDT) Stock Forecast, Price Target & Predictions

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MDT Stock Forecast

Medtronic (MDT) stock forecast, based on 51 Wall Street analysts, predicts a 12-month average price target of $93.85, with a high of $119.00 and a low of $80.00. This represents a 1.91% increase from the last price of $92.09.

$75 $84 $93 $102 $111 $120 High: $119 Avg: $93.85 Low: $80 Last Closed Price: $92.09

MDT Stock Rating

Medtronic stock's rating consensus is Buy, based on 51 Wall Street analysts. The breakdown includes 1 Strong Buy (1.96%), 30 Buy (58.82%), 20 Hold (39.22%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 51 20 30 1 Strong Sell Sell Hold Buy Strong Buy

MDT Price Target Upside V Benchmarks

TypeNameUpside
StockMedtronic1.91%
SectorHealthcare Stocks 15.45%
IndustryMedical Device Stocks13.28%

Price Target Trends

1M3M12M
# Anlaysts11539
Avg Price Target$100.00$90.67$102.56
Last Closing Price$92.09$92.09$92.09
Upside/Downside8.59%-1.54%11.37%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Aug, 2631610--29
Jul, 2631512--30
Jun, 2621513--30
May, 2641411--29
Apr, 2641412--30
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 28, 2026Priya SachdevaUBS$100.00$84.2218.74%8.59%
Jul 13, 2026Ryan ZimmermanBTIG$91.00$83.878.50%-1.18%
Jul 06, 2026Evercore ISI$105.00$81.6128.66%14.02%
Jun 16, 2026Matt O'BrienPiper Sandler$85.00$81.154.74%-7.70%
Jun 05, 2026David RomanGoldman Sachs$83.00$82.280.88%-9.87%
Jun 04, 2026Truist Financial$86.00$81.645.34%-6.61%
Jun 04, 2026Lee HambrightBernstein$97.00$82.5417.52%5.33%
Jun 04, 2026David RescottRobert W. Baird$85.00$77.959.04%-7.70%
Jun 04, 2026Priya SachdevaUBS$85.00$77.959.04%-7.70%
Jun 04, 2026Matthew TaylorJefferies$88.00$77.9512.89%-4.44%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 10, 2026Piper SandlerNeutralNeutralhold
Aug 10, 2026Bank of America SecuritiesBuyBuyhold
Jul 28, 2026UBSNeutralBuyupgrade
Jul 13, 2026BTIGBuyBuyhold
Jun 16, 2026Piper SandlerNeutralNeutralhold
Jun 05, 2026Goldman SachsNeutralNeutralhold
Jun 04, 2026Cowen & Co.BuyBuyhold
Jun 04, 2026BernsteinOutperformOutperformhold
Jun 04, 2026UBSNeutralNeutralhold
Jun 04, 2026JefferiesHoldHoldhold

Financial Forecast

EPS Forecast

$2 $3 $4 $5 $6 $7 $8 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27 Apr 28 Apr 29
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27Apr 28Apr 29
Reported$3.75$2.83$2.77$3.63$3.75---
Avg Forecast$5.66$5.27$5.20$5.45$5.84$6.30$6.85$7.36
High Forecast$5.72$5.33$5.23$5.47$5.88$6.65$6.92$7.44
Low Forecast$5.60$5.22$5.19$5.44$5.76$4.95$6.78$7.29
Surprise %-33.75%-46.30%-46.73%-33.39%-35.79%---

Revenue Forecast

$30B $33B $36B $39B $42B $45B Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27 Apr 28 Apr 29
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27Apr 28Apr 29
Reported$31.69B$31.23B$32.36B$33.54B$36.36B---
Avg Forecast$32.02B$30.94B$32.22B$33.57B$35.14B$36.89B$39.10B$41.02B
High Forecast$32.28B$31.25B$32.26B$33.65B$35.36B$36.91B$39.42B$41.35B
Low Forecast$31.76B$30.63B$32.16B$33.47B$34.94B$36.88B$38.79B$40.70B
Surprise %-1.05%0.94%0.44%-0.11%3.47%---

Net Income Forecast

$3B $4B $6B $7B $9B $10B Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27 Apr 28 Apr 29
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27Apr 28Apr 29
Reported$5.04B$3.76B$3.68B$4.66B$4.80B---
Avg Forecast$4.39B$7.02B$4.29B$7.26B$7.74B$7.72B$9.11B$9.79B
High Forecast$5.27B$7.09B$5.15B$7.28B$7.82B$8.85B$9.21B$9.90B
Low Forecast$3.51B$6.94B$3.43B$7.24B$7.66B$6.58B$9.02B$9.70B
Surprise %14.78%-46.43%-14.27%-35.77%-38.02%---

MDT Forecast FAQ

Is Medtronic stock a buy?

Medtronic stock has a consensus rating of Buy, based on 51 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 30 Buy, 20 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Medtronic is a favorable investment for most analysts.

What is Medtronic's price target?

Medtronic's price target, set by 51 Wall Street analysts, averages $93.85 over the next 12 months. The price target range spans from $80 at the low end to $119 at the high end, suggesting a potential 1.91% change from the previous closing price of $92.09.

How does Medtronic stock forecast compare to its benchmarks?

Medtronic's stock forecast shows a 1.91% upside, underperforming the average forecast for the healthcare stocks sector (15.45%) and underperforming the medical device stocks industry (13.28%).

What is the breakdown of analyst ratings for Medtronic over the past three months?

  • August 2026: 10.34% Strong Buy, 55.17% Buy, 34.48% Hold, 0% Sell, 0% Strong Sell.
  • July 2026: 10.00% Strong Buy, 50.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • June 2026: 6.67% Strong Buy, 50.00% Buy, 43.33% Hold, 0% Sell, 0% Strong Sell.

What is Medtronic’s EPS forecast?

Medtronic's average annual EPS forecast for its fiscal year ending in April 2027 is $6.3, marking a 68.00% increase from the reported $3.75 in 2026. Estimates for the following years are $6.85 in 2028, and $7.36 in 2029.

What is Medtronic’s revenue forecast?

Medtronic's average annual revenue forecast for its fiscal year ending in April 2027 is $36.89B, reflecting a 1.45% increase from the reported $36.36B in 2026. The forecast for 2028 is $39.1B, and $41.02B for 2029.

What is Medtronic’s net income forecast?

Medtronic's net income forecast for the fiscal year ending in April 2027 stands at $7.72B, representing an 60.74% increase from the reported $4.8B in 2026. Projections indicate $9.11B in 2028, and $9.79B in 2029.