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: April 18, 2024 (08:45)

Sector: Healthcare

The share price of Medtronic plc. (MDT) now

Latest session on the 17th of April for
Medtronic plc. is negative
Trading Volume: 5640094
Open: 79.41 /  High: 79.85 /  Low: 78.95
What analysts predict: $94.11
52-week High/Low: $89.04 / $67.71

50/200 Day Moving Average: $84.4 / $81.83

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

For Medtronic stocks, the 200-day moving average is the resistance 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.

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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Unveiling Medtronic's Bright Stock Future: A Glimpse into MDT's Forecast

Trend: Bullish
Apr 12, 2024

As investors consistently search for valuable picks in the tumultuous sea of the stock market, Medtronic (MDT) emerges as a beacon of potential, currently sailing under the radar. Analysts looking at the MDT stock forecast are optimistic, attributing their positivity to a trio of pivotal factors. Firstly, Medtronic's valuation indicates an undervaluation compared to its historic P/E ratio, suggesting a ripe opportunity for investors. Secondly, the company's relentless drive towards innovation and diversifying its product portfolio has positioned it strongly against competitors. Lastly, its strategic global expansion, particularly into emerging markets, promises a broader revenue stream and deeper market penetration.

Deciphering MDT's Stock Potential: Analysts' Toolkit

An adept analyst, aiming to make an accurate MDT stock prediction, will weigh these factors meticulously. The valuation serves as a strong indicator of potential returns, marking Medtronic as an MDT stock to buy for those looking at long-term gains. The blend of innovation and product diversification foretells the company's ability to meet evolving healthcare needs, making it a decisive factor in attracting investment and enhancing its stock price. Furthermore, Medtronic's global expansion efforts are bound to beef up its market share and financial health, making the MDT stock price prediction lean towards a bullish outlook.

Considering these elements, whether it is a decision to buy or sell Medtronic stock, the forecast suggests that MDT stands as a good stock to buy, with its future appearing undeniably promising. Analysts using these insights can navigate the volatile markets with greater confidence, making informed predictions about the MDT stock price target. Consequently, for investors contemplating the MDT stock, the current consensus leans heavily towards a strong buy, anticipating notable growth in the company’s valuation and stock performance in the near future.

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The Surging Seas of Medtronic's Stock: Navigating through Change

Trend:
Mar 11, 2024

Forecasting the ebbs and flows of Medtronic’s (MDT) stock prices presents a thrilling challenge for analysts. Currently, certain crucial events and factors loom on the horizon, poised to influence these changes significantly. At the center of this forecast lies the undeniable and consistent demand for medical devices. With an expanding global population, advancements in longevity, and burgeoning wealth levels, the need for Medtronic's medical devices is sky-rocketing. This foundational demand is a critical beacon for analysts forecasting the company's stock trajectory.

Pivotal Factors Affecting Future MDT Stock Prices

Another storm to watch is the backlog of demand created by the COVID-19 pandemic. Elective surgeries put on hold are now resuming, potentially triggering a surge in demand for Medtronic's products, especially with the introduction of innovative solutions like the Hugo robotic-assisted surgery platform. This pent-up demand, coupled with fresh product launches, could provide substantial lift to MDT's stock.

In the quest to predict stock price movements with precision, analysts also weigh the anchor of dividend growth and yield. Medtronic’s stature as a Dividend Aristocrat with 46 years of consecutive dividend increases adds a layer of attractiveness to its stock. This feature, juxtaposed with the potential for accelerated dividend growth, offers a unique vantage point for analysts to forecast value appreciation.

Lastly, the financial health and profitability metrics of Medtronic provide insightful data points. Though the company boasts a strong financial position, there is room for profitability enhancement. Savvy analysts will monitor improvements in return on equity and invested capital closely, acknowledging their potential to catalyze stock value.

  • Demand for Medical Devices
  • Pent-up Demand and New Product Launches
  • Dividend Growth and Yield
  • Financial Position and Profitability

In essence, combining these dynamic factors - demand, dividend strategy, financial health, and the aftermath of delayed surgeries - renders the most accurate predictions of Medtronic's stock price movements. Forecasting in the complex med-tech sector demands a deep dive into these waters, where discerning analysts can find a treasure trove of insights.

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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., %
Apr 20 80.84 79.30 82.42 3.94
Apr 21 81.70 80.55 83.28 3.38
Apr 22 81.95 81.35 83.16 2.23
Apr 23 81.31 80.08 82.69 3.27
Apr 24 82.95 81.64 84.04 2.93
Apr 25 85.15 83.74 86.44 3.22
Apr 26 84.51 82.85 85.29 2.94
Apr 27 85.48 84.95 86.96 2.37
Apr 28 85.74 84.66 87.52 3.37
Apr 29 83.56 82.62 85.15 3.06
Apr 30 82.71 80.86 83.25 2.95
May 01 82.32 80.87 83.93 3.79
May 02 83.61 83.10 84.99 2.28
May 03 83.26 81.88 85.08 3.90
May 04 83.75 82.60 85.04 2.95
May 05 82.65 81.61 84.01 2.95
May 06 81.49 80.28 82.47 2.73
May 07 81.35 80.01 82.24 2.79
May 08 80.94 79.24 82.73 4.40
May 09 81.99 80.31 82.77 3.06
May 10 81.53 79.95 82.28 2.91
May 11 80.18 78.79 81.24 3.11
May 12 79.66 78.01 81.14 4.00
May 13 79.46 78.35 79.97 2.07
May 14 81.24 79.95 82.81 3.59
May 15 83.18 81.50 83.85 2.89
May 16 80.85 79.81 81.66 2.33
May 17 80.73 80.28 81.30 1.27
May 18 80.01 79.09 80.80 2.15
May 19 80.39 79.36 81.81 3.09

Medtronic Daily Price Targets


Medtronic Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $80.84.
Positive dynamics for Medtronic shares will prevail with possible volatility of 3.790%.
Pessimistic target level: 79.30
Optimistic target level: 82.42

Medtronic Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $81.70.
Positive dynamics for Medtronic shares will prevail with possible volatility of 3.269%.
Pessimistic target level: 80.55
Optimistic target level: 83.28

Medtronic Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $81.95.
Positive dynamics for Medtronic shares will prevail with possible volatility of 2.180%.
Pessimistic target level: 81.35
Optimistic target level: 83.16

Medtronic Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $81.31.
Negative dynamics for Medtronic shares will prevail with possible volatility of 3.166%.
Pessimistic target level: 80.08
Optimistic target level: 82.69

Medtronic Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $82.95.
Positive dynamics for Medtronic shares will prevail with possible volatility of 2.846%.
Pessimistic target level: 81.64
Optimistic target level: 84.04

Medtronic Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $85.15.
Positive dynamics for Medtronic shares will prevail with possible volatility of 3.117%.
Pessimistic target level: 83.74
Optimistic target level: 86.44

MDT (MDT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 80.82 76.05 83.16 8.55
Jun. 87.20 80.23 93.92 14.58
Jul. 82.84 78.21 86.16 9.23
Aug. 76.22 71.42 79.49 10.16
Sep. 69.05 66.70 73.61 9.38
Oct. 65.95 62.58 68.52 8.66
Nov. 66.47 62.68 68.07 7.91
Dec. 66.54 63.54 69.80 8.96

Medtronic forecast for this year


Medtronic Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $80.8198. Pessimistic: $76.05. Optimistic: $83.16


Medtronic Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $87.2045. Pessimistic: $80.23. Optimistic: $93.92


Medtronic Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $82.8443. Pessimistic: $78.21. Optimistic: $86.16


Medtronic Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $76.2168. Pessimistic: $71.42. Optimistic: $79.49


Medtronic Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $69.0524. Pessimistic: $66.70. Optimistic: $73.61


Medtronic Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $65.945. Pessimistic: $62.58. Optimistic: $68.52


Medtronic Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $66.4726. Pessimistic: $62.68. Optimistic: $68.07


Medtronic Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $66.5391. Pessimistic: $63.54. Optimistic: $69.80



Medtronic (MDT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 63.41 59.16 66.46 10.97
Feb 59.86 57.65 64.47 10.58
Mar 61.42 57.73 63.63 9.27
Apr 55.83 51.92 57.84 10.23
May 57.34 54.07 60.89 11.21
Jun 59.40 57.26 61.24 6.50
Jul 63.38 58.56 66.61 12.08
Aug 68.45 64.96 71.94 9.71
Sep 69.41 67.53 72.74 7.16
Oct 67.12 62.49 70.14 10.91
Nov 65.04 60.03 67.12 10.56
Dec 62.18 59.50 65.41 9.03

Medtronic (MDT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 60.81 56.73 63.30 10.37
Feb 63.00 61.30 64.89 5.53
Mar 59.66 56.20 61.27 8.28
Apr 56.67 54.24 60.13 9.80
May 57.24 54.72 59.42 7.90
Jun 62.74 60.42 67.19 10.08
Jul 61.42 60.01 65.72 8.69
Aug 56.01 52.32 60.33 13.28
Sep 51.14 49.66 54.31 8.57
Oct 49.61 46.13 53.43 13.65
Nov 47.18 43.97 48.21 8.81
Dec 46.99 45.95 48.02 4.31

Medtronic (MDT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 50.14 48.88 52.69 7.23
Feb 49.33 48.15 52.93 9.04
Mar 48.45 44.96 51.21 12.20
Apr 51.30 48.43 52.33 7.45
May 51.00 49.52 54.82 9.67
Jun 55.84 53.66 58.74 8.65
Jul 61.09 57.85 65.73 11.99
Aug 58.89 55.24 60.77 9.11
Sep 54.06 50.98 57.36 11.12
Oct 54.49 50.24 58.31 13.83
Nov 53.89 49.91 56.10 11.05
Dec 51.36 49.46 54.49 9.24

Medtronic (MDT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 53.83 51.40 55.23 6.92
Feb 52.10 48.56 55.33 12.24
Mar 50.54 47.51 53.57 11.32
Apr 49.18 46.28 52.08 11.14
May 51.44 49.18 55.55 11.48
Jun 53.39 49.39 56.38 12.41
Jul 56.81 53.74 58.17 7.62
Aug 53.74 51.22 55.14 7.11
Sep 54.55 53.46 58.48 8.58
Oct 49.37 47.69 51.24 6.94
Nov 48.23 45.10 50.79 11.21
Dec 47.99 44.77 49.81 10.12

Medtronic information and performance

Medtronic Address

20 ON HATCH, LOWER HATCH STREET, DUBLIN, IE

Market Capitalization: 105 229 738 000 $

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: 25.16

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: 0.0348

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: 25.16

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.