Medtronic (MDT) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Medtronic (MDT) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 17, 2024 (01:12)

Sector: Healthcare

The share price of Medtronic plc. (MDT) now

Latest session on the 16th of May for
Medtronic plc. is positive
Trading Volume: 5506954
Open: 84.74 /  High: 85.72 /  Low: 84.61
What analysts predict: $94
52-week High/Low: $88.75 / $67.71

50/200 Day Moving Average: $82.86 / $81.16

This figure corresponds to the Average Price over the previous 50/200 days. For Medtronic stocks, the 50-day moving average is the support level today.

For Medtronic stocks, the 200-day moving average is the support level today.

Are you interested in Medtronic plc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Medtronic stock price in 2024, 2025, 2026, 2027, 2028. How much will one Medtronic share be worth in 2024 - 2028?

When should I take profit in Medtronic stock? When should I record a loss on Medtronic stock? What are analysts' forecasts for Medtronic stock? What is the future of Medtronic stock? We forecast Medtronic stock performance using neural networks based on historical data on Medtronic stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Medtronic stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Medtronic shares. This happens once a day.


Historical and forecast chart of Medtronic stock

The chart below shows the historical price of Medtronic stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Medtronic stock price can be found in the table below.

Long-term forecasts by years.

The Bullish Case for MDT Stock: Predicting a Surge in Value

Trend: Bullish
May 14, 2024

The future of Medtronic's stock (MDT) appears promising, with several key factors poised to influence its rate significantly. Analysts and investors, keen on the MDT stock forecast, should watch closely the earnings growth trend, valuation, dividend yield, and technical analysis to make the most accurate predictions about the company's stock price movements.

Key Influencers of MDT's Stock Performance

Foremost, the earnings growth trend is a crucial determinant. With Medtronic showcasing a solid track record of decent organic revenue growth over the past five quarters and an optimistic EPS growth outlook for FY 2025, the expectation is that this trend will significantly buoy the MDT stock price. Analysts considering whether MDT is a good stock to buy will find these growth indicators quite compelling.

Furthermore, valuation factors into the MDT stock buy or sell decision profoundly. Currently undervalued, with a conservative P/E multiple that hints at a potential upside to its intrinsic value target, MDT presents an attractive buying opportunity. This undervaluation could be a linchpin for analysts predicting an uptick in the MDT stock price.

Not to be overlooked are the dividend yield and free cash flow of Medtronic. As a dividend aristocrat with a yield above its long-term average and a strong free cash flow outlook, MDT stands out to income-focused investors, potentially driving up demand for the stock. This scenario further supports a positive Medtronic stock forecast.

Lastly, technical analysis reveals a potential bottoming pattern in the mid-$70s, suggesting a reversal in downtrend that could spike investor interest. Analysts leveraging this information might project a favorable MDT stock price prediction or target, considering the resistance levels and support factors.

By closely monitoring these factors, analysts can harness insights to make the most accurate MDT stock price prediction, providing invaluable guidance for investors pondering the critical question: buy or sell Medtronic stock?

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Unlocking the Future of MDT Stocks: A Precision Forecast

Trend: Bullish
May 13, 2024

As we gaze into the financial crystal ball to predict the future trajectory of Medtronic's (MDT) stock rates, a blend of strategic brilliance and innovative momentum emerges as pivotal. The forthcoming fiscal Q4 2024 release looms large on the horizon, its results eagerly anticipated as a clarion call to investors and analysts alike. Drawing from a meticulous analysis, let's decode the elements set to sculpt the MDT stock forecast.

Key Drivers Behind MDT's Stock Performance

At the heart of MDT's stock journey, the company’s diversified revenue streams stand as a bulwark against the unpredictable tempests of the market. With its fingers in multiple healthcare pies—including cardiovascular, diabetes, and neuroscience—Medtronic not only showcases resilience but flaunts its growth potential. This diversity acts as a beacon for those keen on deciphering the MDT stock buy or sell dilemma.

Next, innovation doesn't just whisper; it roars through Medtronic's corridors. Recent triumphs, like the FDA nod for its Evolut FX+ system and the unveiling of the Hugo robotic system, are not just milestones—they're predictors. They hint at an expanding market dominance, making MDT a good stock to buy for those looking at the long-term horizon. The question of MDT stock price prediction hinges on these strategic pivots, making them invaluable to analysts crafting an MDT stock forecast.

Additionally, Medtronic's financial robustness—marked by flourishing sales and sharpening gross margins—casts a spotlight on its profitability. These achievements underpin the MDT stock price target, beckoning to investors and analysts to look beyond the immediate, to the boundless potential embroidered into Medtronic's fabric.

Undeniably, the valuation of MDT stocks and the prevailing market sentiment provide fertile ground for predictions. The undervaluation, as highlighted by some DCF models, coupled with Medtronic's attractive EV/EBITDA multiples, suggests an upside. This insight is crucial for anyone oscillating on buy or sell Medtronic stock decisions, offering a quantifiable rationale to those forecasts.

In summary, the confluence of diversified revenue streams, groundbreaking product launches, financial stalwartness, and attractive valuations paints a promising picture for Medtronic's stock. These elements serve as the compass points guiding analysts in crafting a nuanced and accurate MDT stock price prediction, transforming the art of forecasting into a precision science. As we edge closer to the fiscal Q4 2024 reveal, all eyes are on MDT, with these factors promising to be the linchpins of change.

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Unveiling Medtronic's Stock Future: Insights and Predictions

Trend: Bullish
Apr 13, 2024

When it comes to forecasting the ebbs and flows of Medtronic's (MDT) stock rates, a closer look at key events and factors reveals a roadmap for potential future performances. Analysts keen on making the most out of the MDT stock forecast have a variety of indicators to guide their predictions. Paramount among these is the anticipated revenue growth, bolstered by Medtronic's momentum in segments like Diabetes, Core Spine, and Cardiac products. This vital sign of health is a beacon for investors pondering over MDT stock buy or sell decisions.

Pinpointing the Influencers: A Strategic Overview

The company's robust pipeline and innovation efforts, particularly with recent approvals like the Simplera Sync in diabetes care, paint a promising picture for sustained growth. Analysts looking towards MDT stock price prediction weigh these advancements heavily, gauging their potential to keep Medtronic at the forefront of the competitive landscape, vis-à-vis giants like Abbott Laboratories.

Moreover, the recovery of Medtronic's U.S. business cannot be overstated. After a period of decline, this turnaround is critical for those analyzing whether is MDT a good stock to buy. With increased pricing power and profitability, Medtronic's financial resilience—highlighted by its A+ profitability rating—forms a cornerstone for any Medtronic stock forecast.

By meticulously evaluating these factors, from revenue trends to competitive differentiation and the U.S. market's revival, analysts can develop a nuanced MDT stock price target. The consensus? For those watching the market, keeping a close eye on these developments might just reveal whether to buy or sell Medtronic stock, steering investors towards informed decisions in a sea of uncertainty.

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About author

Medtronic is a large medical device company headquartered in Dublin, Ireland. It is one of the largest medical device companies. Works in over 140 countries. Medtronic has six main divisions, each of which develops and manufactures devices and treatments for a variety of chronic conditions including heart failure, Parkinson’s disease, urinary incontinence, Down’s syndrome, obesity, chronic pain, diabetes and others, for a total of more than 30 different diseases.

In 2017, the company earned more than $ 29 billion, which is 9 billion more than in 2015, the net income for the 2017 financial year of the company increased by $ 1 billion compared to 2015 and amounted to more than $ 5 billion.

Medtronic was founded in 1949 as a medical device repair company in a garage in northeastern Minneapolis by Earl Bakken and Palmer Hermundsl. While working for the company, Earl Bakken met Dr. Walton Lillehei, one of the first cardiac surgeons. Lillehei was disappointed with the pacemakers of the time that had to be plugged in, especially after the 1957 power outage on Halloween. Lillehei then proposed to Bakken the idea of ​​a battery-operated pacemaker.

Official site of the company

Medtronic daily forecast for a month

Date Target Pes. Opt. Vol., %
May 18 86.43 85.31 87.59 2.67
May 19 86.47 85.74 87.33 1.86
May 20 86.80 85.93 87.91 2.30
May 21 87.32 86.34 87.86 1.76
May 22 87.14 86.60 87.77 1.35
May 23 88.08 86.94 89.35 2.78
May 24 87.91 87.06 88.89 2.10
May 25 87.49 86.10 88.62 2.93
May 26 88.19 87.06 89.51 2.82
May 27 87.97 86.97 88.66 1.94
May 28 86.64 85.58 87.00 1.66
May 29 88.08 87.62 89.22 1.83
May 30 87.67 86.43 88.53 2.43
May 31 87.23 86.03 87.74 1.99
Jun 01 87.06 86.67 88.29 1.87
Jun 02 87.88 86.94 88.26 1.52
Jun 03 87.68 86.28 88.07 2.07
Jun 04 89.37 88.58 90.42 2.08
Jun 05 88.62 87.66 89.25 1.82
Jun 06 87.62 86.83 88.06 1.41
Jun 07 88.43 87.92 89.08 1.33
Jun 08 88.82 87.63 89.94 2.64
Jun 09 89.30 88.17 90.73 2.90
Jun 10 91.07 90.36 92.25 2.10
Jun 11 91.69 90.92 92.42 1.65
Jun 12 91.59 90.38 92.27 2.09
Jun 13 90.20 89.08 91.54 2.75
Jun 14 90.09 89.41 91.32 2.14
Jun 15 89.16 88.73 90.12 1.57
Jun 16 89.14 88.75 89.74 1.12

Medtronic Daily Price Targets


Medtronic Stock Forecast 05-18-2024.

Forecast target price for 05-18-2024: $86.43.
Positive dynamics for Medtronic shares will prevail with possible volatility of 2.605%.
Pessimistic target level: 85.31
Optimistic target level: 87.59

Medtronic Stock Forecast 05-19-2024.

Forecast target price for 05-19-2024: $86.47.
Positive dynamics for Medtronic shares will prevail with possible volatility of 1.822%.
Pessimistic target level: 85.74
Optimistic target level: 87.33

Medtronic Stock Forecast 05-20-2024.

Forecast target price for 05-20-2024: $86.80.
Positive dynamics for Medtronic shares will prevail with possible volatility of 2.251%.
Pessimistic target level: 85.93
Optimistic target level: 87.91

Medtronic Stock Forecast 05-21-2024.

Forecast target price for 05-21-2024: $87.32.
Positive dynamics for Medtronic shares will prevail with possible volatility of 1.729%.
Pessimistic target level: 86.34
Optimistic target level: 87.86

Medtronic Stock Forecast 05-22-2024.

Forecast target price for 05-22-2024: $87.14.
Negative dynamics for Medtronic shares will prevail with possible volatility of 1.331%.
Pessimistic target level: 86.60
Optimistic target level: 87.77

Medtronic Stock Forecast 05-23-2024.

Forecast target price for 05-23-2024: $88.08.
Positive dynamics for Medtronic shares will prevail with possible volatility of 2.701%.
Pessimistic target level: 86.94
Optimistic target level: 89.35

MDT (MDT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 84.04 79.59 88.92 10.49
Jul. 84.97 81.91 89.47 8.45
Aug. 85.99 79.97 89.86 11.00
Sep. 84.95 80.96 89.12 9.15
Oct. 80.20 76.67 83.89 8.60
Nov. 84.93 81.79 91.21 10.34
Dec. 90.45 84.93 97.23 12.65

Medtronic forecast for this year


Medtronic Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $84.0422. Pessimistic: $79.59. Optimistic: $88.92


Medtronic Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $84.9667. Pessimistic: $81.91. Optimistic: $89.47


Medtronic Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $85.9863. Pessimistic: $79.97. Optimistic: $89.86


Medtronic Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $84.9545. Pessimistic: $80.96. Optimistic: $89.12


Medtronic Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $80.197. Pessimistic: $76.67. Optimistic: $83.89


Medtronic Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $84.9286. Pessimistic: $81.79. Optimistic: $91.21


Medtronic Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $90.449. Pessimistic: $84.93. Optimistic: $97.23



Medtronic (MDT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 91.99 89.96 98.79 8.94
Feb 92.35 85.06 96.70 12.03
Mar 100.85 93.79 108.72 13.73
Apr 104.18 101.89 111.47 8.60
May 97.20 92.73 99.24 6.56
Jun 104.30 99.91 110.14 9.28
Jul 101.79 98.94 108.41 8.73
Aug 97.31 91.08 102.28 10.94
Sep 97.41 93.51 100.63 7.07
Oct 105.40 98.97 107.93 8.30
Nov 104.98 98.78 110.54 10.64
Dec 100.99 96.44 104.62 7.82

Medtronic (MDT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 104.52 100.45 106.82 5.97
Feb 98.67 91.76 104.59 12.26
Mar 101.33 93.63 104.88 10.72
Apr 93.53 91.47 96.62 5.32
May 101.20 97.46 104.03 6.32
Jun 99.88 92.19 107.38 14.14
Jul 97.69 90.07 104.43 13.75
Aug 105.01 99.13 111.21 10.86
Sep 94.72 88.09 98.42 10.49
Oct 97.94 91.77 104.02 11.77
Nov 97.45 95.41 100.67 5.23
Dec 92.38 89.89 97.93 8.21

Medtronic (MDT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 90.81 84.09 93.54 10.10
Feb 96.44 90.66 104.16 12.96
Mar 105.99 102.50 114.15 10.21
Apr 108.64 102.34 114.73 10.80
May 110.27 105.09 113.03 7.02
Jun 112.15 107.77 119.66 9.93
Jul 122.58 114.85 126.13 8.94
Aug 118.29 111.19 120.77 7.93
Sep 110.01 101.65 112.54 9.68
Oct 103.96 100.42 106.24 5.48
Nov 105.10 99.00 111.83 11.47
Dec 105.73 100.76 108.69 7.30

Medtronic (MDT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 110.70 108.26 118.67 8.77
Feb 111.25 107.80 119.15 9.52
Mar 111.03 106.26 116.69 8.94
Apr 110.92 108.37 116.02 6.60
May 110.92 105.48 116.69 9.60
Jun 120.46 115.64 129.85 10.95
Jul 122.51 116.87 129.61 9.83
Aug 123.85 117.79 132.77 11.29
Sep 128.19 124.86 137.68 9.31
Oct 123.57 114.92 129.14 11.00
Nov 114.92 106.08 119.52 11.25
Dec 113.66 110.70 118.09 6.26

Medtronic information and performance

Medtronic Address

20 ON HATCH, LOWER HATCH STREET, DUBLIN, IE

Market Capitalization: 112 492 913 000 $

Market capitalization of the Medtronic plc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MDT shares in the company outstanding by the market price of one share.

EBITDA: 8 677 000 000 $

EBITDA of Medtronic is earnings before interest, income tax and depreciation of assets.

PE Ratio: 26.9

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.518

Price/earnings to growth

DPS: 2.75

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0326

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.15

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.078
Quarterly Revenue Growth YOY: 0.047
Trailing PE: 26.9

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 14.66

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 3.814

Enterprise Value (EV) /Revenue

EV To EBITDA: 13.84

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1327820000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Medtronic (MDT) stock dividend

Medtronic last paid dividends on 03/21/2024. The next scheduled payment will be on 04/12/2024. The amount of dividends is $2.75 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.