Medtronic (MDT) Stock Forecast for 2024, 2025, 2026. Sell or Buy Prediction







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Medtronic (MDT) Stock Forecast for 2024, 2025, 2026. Sell or Buy?

Updated: December 5, 2024 (17:28)

Sector: Healthcare

The share price of Medtronic plc. (MDT) now

Latest session on the 4th of December for
Medtronic plc. is negative
Trading Volume: 5352529
Open: 85.35 /  High: 86.12 /  Low: 85.01
What analysts predict: $96.43
52-week High/Low: $92.68 / $75.37
50-Day Moving Average: $88.75 — resistance level today
200-Day Moving Average: $84.49 — support level today

Analysts predictions

Full report
This Week
Bullish Opinions: 1 (1/0/0)
Previous Week
Neutral Opinions: Na
Two Weeks Ago
Bullish Opinions: 1 (1/0/0)
Three Weeks Ago
Neutral Opinions: Na

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 2025, 2026, 2027. How much will one Medtronic share be worth in 2025 - 2027?

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, 2025, 2026, 2027, and ) 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.

Medtronic plc. Analysts predictions review

As of now, Panda has combed through 2 analytical articles which are directly related to MDT from the last 30 days. Out of these, 2 clearly showcase a bullish trend, while 0 see a bearish trend as the more likely scenario, and 0 stay neutral.

To identify the dominant trend, we took into account analytical articles from the past 30 days, spanning from Nov 19, 2024 to Dec 02, 2024.

Medtronic: An Attractive Buy with Rising Estimates Despite Sector Challenges

Trend: Bullish
Dec 02, 2024

In his latest analytical financial article, Mike Zaccardi, CFA, CMT, presents a compelling case for maintaining a bullish stance on MDT stock. With an impressive portfolio of 1,577 publications since 2022 and a significant following of 7,066 subscribers, Zaccardi's insights are both popular and widely respected in the financial community. His credibility is notably high, as reflected by his authority within the industry, suggesting his analyses are both informed and impactful. With a remarkable frequency of contributions, Zaccardi has established himself as a reliable voice in financial analysis circles. Readers can trust his bullish outlook on MDT stock as a well-considered position, grounded in extensive research and industry expertise.

Key Theses of the Medtronic Stock Review

  • Medtronic is deemed a buy due to its attractive valuation and steady EPS growth despite sector-wide challenges.
  • The company's Q2 results exceeded expectations, prompting a raise in FY 2025 revenue and earnings estimates.
  • Medtronic faces risks such as supply chain issues, competition, policy changes, and currency fluctuations.
  • Resistance levels in the low $90s and support between $82-83.55 indicate potential upside if resistance is broken.

Key Factors Influencing Medtronic's Stock Price

Quarterly Earnings Performance

Significance: 8 out of 10

Medtronic's Q2 non-GAAP EPS of $1.26 beat forecasts, and revenue rose by 5% YOY, leading to raised FY 2025 estimates. Such performance boosts investor confidence and supports stock price growth.

Technical Chart Patterns

Significance: 6 out of 10

Resistance at $92-93 and support between $82-83.55 provide technical indicators for investors. Breaching these points could lead to significant momentum changes in the stock.

Dividends and Free Cash Flow Yield

Significance: 7 out of 10

A dividend yield of 3.2% and a free cash flow yield slightly below 5% suggest strong profitability. These metrics make the stock attractive to income-focused investors, likely supporting the price.

Supply Chain and Competition Risks

Significance: 5 out of 10

Ongoing supply chain issues and competition in the MedTech space could hamper growth. While these factors pose risks, the company projects improvement, moderating their impact.

Currency Fluctuations

Significance: 4 out of 10

Medtronic faces a 5% negative impact from currency fluctuations in its EPS estimate. While this is a challenge, currency impacts are often temporary, reducing their lasting effect on stock pricing.

Review the original Analysis

Commentary

Medtronic is showing encouraging signs for investors. With a notable Q2 performance featuring a 5% revenue boost and an EPS better than expected, the company is projecting optimism by raising its fiscal year 2025 estimates. Technical indicators hint that if the current resistance at $92-93 is overcome, there could be a promising upswing in Medtronic’s stock price. Not to forget, the company's solid dividend yield of 3.2% coupled with strong free cash flow adds to its appeal for investors seeking income stability.

However, it’s essential to keep an eye on some lurking risks. Supply chain disruptions, competitive pressures, and the unfavorable currency changes require cautious optimism. Despite these challenges, Medtronic forecasts alleviate some potential investor concerns, suggesting adaptability and resilience. Considering the overall positive trends and mitigating factors, Medtronic's stock seems poised to retain its attractiveness in the short to mid-term. Investors might find an optimistic atmosphere around Medtronic within the next 15 days and even slightly more encouraging development over the next month.

Medtronic's Steady Gains Meet Unpredictable Profit Challenges

Trend: Bullish
Nov 19, 2024

Edmund Ingham presents a compelling analysis in his latest article, offering a Bullish perspective on MDT stock. With an impressive track record of 871 publications since 2018, Ingham’s frequent contributions highlight his deep engagement and commitment to financial discourse. Boasting a substantial subscriber base of over 12,500 individuals, his insights resonate with a broad audience, underlining the popularity and influence of his financial assessments. The author’s credibility is underscored by an authoritative reputation, as evidenced by an exceptional record reflecting highly authoritative opinions in the industry. Readers can confidently explore Ingham’s well-founded optimism for MDT stock, supported by both widespread audience trust and a prolific body of work.

Key Theses of the Review

  • Medtronic's revenue growth remains consistent yet mild, characterized by mid-single-digit increases despite new product launches.
  • The company's share price stagnation is linked to unpredictable net income and modest innovation in its offerings.
  • Medtronic’s management is optimistic about its growth trajectory but lacks specific long-term growth guidance, keeping market sentiment moderate.
  • Medtronic is positioned for potential high single-digit growth through strategic M&A, innovation, and consistent product launches.

Factors Influencing MDT Company's Stock Price

Revenue Growth

Significance: 7 out of 10

Organic revenue growth at 4.75%-5% is a positive, reflecting a consistent performance that stabilizes the company's financial outlook. Despite this, the moderate growth rate does not strongly excite investors, indicating a lukewarm reaction.

Net Income Consistency

Significance: 8 out of 10

Medtronic's net income unpredictability directly impacts investor confidence and share price stability. Inconsistent earnings make the stock less attractive, thus applying downward pressure on its valuation.

Innovation and Product Launches

Significance: 6 out of 10

Ongoing product launches suggest a strategic focus on innovation, yet these innovations are often incremental rather than industry-changing. This gradual innovation keeps growth steady but does not significantly boost the stock.

CEO and Management Outlook

Significance: 5 out of 10

While CEO Geoff Martha's optimism signals confidence, the absence of detailed long-term guidance tempers enthusiasm among investors. Without specific future growth targets, market reactions remain cautious.

Market Position and Competition

Significance: 6 out of 10

Medtronic's foothold in high-growth markets like diabetes and cardiovascular supports its market presence, providing slight strength to its stock price. However, intense competition limits significant value appreciation.

Review the original Analysis

Commentary

Medtronic is making steady progress with its consistent revenue growth, marking improvements in the mid-single digits. This reflects a reliable but moderate performance that invites cautious optimism among investors. However, the company's ability to spark excitement remains limited due to merely organic growth percentages that, while stabilizing, do not set off market fireworks. The stock's journey is further hampered by unpredictable net income figures, keeping investors wary as it adds a layer of caution to the valuation equation.

In the coming month, while the steady pace offers a Bullish trend, the average influence strength across key factors points to a nuanced stock movement. Critical aspects like moderate innovations and the lack of long-term guidance from management only reinforce a holding pattern rather than a scaling of new heights. For investors, this mixed bag translates into a backdrop of stability with a potential for upside adjustment if consistency improves and innovation becomes more groundbreaking.

Oct 30, 2024
Medtronic: Stuck in Slow Growth Despite Undervaluation
Trend: Bearish
Oct 10, 2024
Medtronic: A Diversified Play with Rising Margins and Global Reach Offers Value
Trend: Bullish
Sep 25, 2024
Medtronic's Growth Momentum: A Compelling Buy Opportunity Ahead
Trend: Bullish
Sep 16, 2024
Medtronic: A Promising Buy for Long-Term Stability and Growth
Trend: Bullish
Aug 25, 2024
Medtronic's Undervalued Rise: Innovation and Dividends Galore
Trend: Bullish
Aug 18, 2024
Medtronic: A Dividend Aristocrat Poised for Growth Despite Recent Lows
Trend: Bullish
Aug 17, 2024
Medtronic Poised for Growth Amid FDA Approvals and Dividend Stability
Trend: Bullish

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

Trending Themes in the Healthcare Sector

Medtronic daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 07 84.99 84.38 86.23 2.20
Dec 08 85.35 84.10 86.66 3.04
Dec 09 85.45 85.01 86.72 2.01
Dec 10 84.68 83.72 85.70 2.37
Dec 11 84.63 83.75 85.31 1.86
Dec 12 85.51 85.02 86.37 1.59
Dec 13 84.95 84.44 86.27 2.17
Dec 14 84.18 83.07 85.06 2.39
Dec 15 85.56 84.35 86.73 2.82
Dec 16 85.96 85.37 87.23 2.17
Dec 17 85.15 84.40 85.88 1.76
Dec 18 86.44 85.86 87.57 1.99
Dec 19 87.46 86.06 88.74 3.11
Dec 20 89.00 88.31 90.18 2.12
Dec 21 88.86 88.01 90.18 2.46
Dec 22 88.72 87.71 89.91 2.51
Dec 23 88.74 88.33 89.45 1.27
Dec 24 88.11 87.02 89.15 2.45
Dec 25 87.69 86.32 88.76 2.82
Dec 26 88.27 87.88 89.56 1.91
Dec 27 89.15 88.03 90.42 2.71
Dec 28 89.05 88.37 89.99 1.83
Dec 29 88.32 87.56 89.04 1.69
Dec 30 88.35 87.19 89.64 2.82
Dec 31 89.16 87.88 89.95 2.35
Jan 01 89.88 88.67 90.45 2.01
Jan 02 90.06 89.25 90.44 1.33
Jan 03 89.36 88.84 90.77 2.17
Jan 04 88.44 87.42 89.26 2.10
Jan 05 87.52 87.14 88.33 1.37

Medtronic Daily Price Targets


Medtronic Stock Forecast 12-07-2024.

Forecast target price for 12-07-2024: $84.99.
Negative dynamics for Medtronic shares will prevail with possible volatility of 2.149%.
Pessimistic target level: 84.38
Optimistic target level: 86.23

Medtronic Stock Forecast 12-08-2024.

Forecast target price for 12-08-2024: $85.35.
Positive dynamics for Medtronic shares will prevail with possible volatility of 2.955%.
Pessimistic target level: 84.10
Optimistic target level: 86.66

Medtronic Stock Forecast 12-09-2024.

Forecast target price for 12-09-2024: $85.45.
Positive dynamics for Medtronic shares will prevail with possible volatility of 1.971%.
Pessimistic target level: 85.01
Optimistic target level: 86.72

Medtronic Stock Forecast 12-10-2024.

Forecast target price for 12-10-2024: $84.68.
Negative dynamics for Medtronic shares will prevail with possible volatility of 2.312%.
Pessimistic target level: 83.72
Optimistic target level: 85.70

Medtronic Stock Forecast 12-11-2024.

Forecast target price for 12-11-2024: $84.63.
Negative dynamics for Medtronic shares will prevail with possible volatility of 1.825%.
Pessimistic target level: 83.75
Optimistic target level: 85.31

Medtronic Stock Forecast 12-12-2024.

Forecast target price for 12-12-2024: $85.51.
Positive dynamics for Medtronic shares will prevail with possible volatility of 1.564%.
Pessimistic target level: 85.02
Optimistic target level: 86.37

MDT (MDT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan. 92.08 89.59 97.05 7.69
Feb. 88.67 86.01 92.75 7.27
Mar. 91.15 86.23 98.36 12.33
Apr. 94.25 91.61 98.50 6.99
May. 94.54 87.73 101.06 13.19
Jun. 91.51 87.76 96.54 9.10
Jul. 96.09 90.13 101.37 11.09
Aug. 96.18 92.14 99.84 7.71
Sep. 98.30 91.91 104.79 12.29
Oct. 102.23 95.07 109.18 12.92
Nov. 98.96 96.88 103.31 6.23
Dec. 95.89 88.60 102.80 13.81

Medtronic forecast for this year


Medtronic Stock Prediction for Jan 2025

An uptrend is forecast for this month with an optimal target price of $92.0786. Pessimistic: $89.59. Optimistic: $97.05


Medtronic Stock Prediction for Feb 2025

An downtrend is forecast for this month with an optimal target price of $88.6717. Pessimistic: $86.01. Optimistic: $92.75


Medtronic Stock Prediction for Mar 2025

An uptrend is forecast for this month with an optimal target price of $91.1545. Pessimistic: $86.23. Optimistic: $98.36


Medtronic Stock Prediction for Apr 2025

An uptrend is forecast for this month with an optimal target price of $94.2537. Pessimistic: $91.61. Optimistic: $98.50


Medtronic Stock Prediction for May 2025

An uptrend is forecast for this month with an optimal target price of $94.5365. Pessimistic: $87.73. Optimistic: $101.06


Medtronic Stock Prediction for Jun 2025

An downtrend is forecast for this month with an optimal target price of $91.5113. Pessimistic: $87.76. Optimistic: $96.54


Medtronic Stock Prediction for Jul 2025

An uptrend is forecast for this month with an optimal target price of $96.0869. Pessimistic: $90.13. Optimistic: $101.37


Medtronic Stock Prediction for Aug 2025

An uptrend is forecast for this month with an optimal target price of $96.183. Pessimistic: $92.14. Optimistic: $99.84


Medtronic Stock Prediction for Sep 2025

An uptrend is forecast for this month with an optimal target price of $98.299. Pessimistic: $91.91. Optimistic: $104.79


Medtronic Stock Prediction for Oct 2025

An uptrend is forecast for this month with an optimal target price of $102.231. Pessimistic: $95.07. Optimistic: $109.18


Medtronic Stock Prediction for Nov 2025

An downtrend is forecast for this month with an optimal target price of $98.9595. Pessimistic: $96.88. Optimistic: $103.31


Medtronic Stock Prediction for Dec 2025

An downtrend is forecast for this month with an optimal target price of $95.8918. Pessimistic: $88.60. Optimistic: $102.80



Medtronic (MDT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 102.32 95.26 109.79 13.23
Feb 111.93 105.89 114.40 7.44
Mar 122.57 115.09 127.35 9.62
Apr 123.18 116.78 129.22 9.63
May 126.14 120.71 129.17 6.54
Jun 130.43 122.86 136.17 9.77
Jul 125.34 118.32 130.98 9.67
Aug 124.71 118.73 128.95 7.93
Sep 115.73 109.14 120.25 9.24
Oct 112.61 107.32 118.69 9.58
Nov 108.22 104.11 114.28 8.90
Dec 111.68 104.09 118.60 12.24

Medtronic (MDT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 111.68 108.44 115.48 6.09
Feb 109.56 105.83 117.99 10.31
Mar 107.04 104.04 114.32 8.99
Apr 108.54 103.54 117.22 11.67
May 111.58 103.77 118.72 12.59
Jun 105.77 102.92 109.69 6.17
Jul 96.99 90.11 102.72 12.28
Aug 102.14 99.68 104.28 4.41
Sep 108.47 101.42 113.57 10.70
Oct 114.11 107.15 122.78 12.73
Nov 120.16 111.26 123.64 10.01
Dec 116.67 112.94 119.94 5.84

Medtronic information and performance

Medtronic Address

20 ON HATCH, LOWER HATCH STREET, DUBLIN, IE

Market Capitalization: 110 969 381 000 $

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: 9 013 000 000 $

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

PE Ratio: 26.46

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

PEG Ratio: 1.58

Price/earnings to growth

DPS: N/A

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: 0.032

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

EPS: 3.27

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

Quarterly Earnings Growth YOY: 0.356
Quarterly Revenue Growth YOY: 0.028
Trailing PE: 26.46

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: 15.87

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

EV To Revenue: 3.979

Enterprise Value (EV) /Revenue

EV To EBITDA: 15.34

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

Shares Outstanding: 1282290000

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 09/27/2024. The next scheduled payment will be on 10/11/2024. The amount of dividends is $0 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.