Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
97.66
+0.63 (0.65%)
At close: Feb 27, 2026, 4:00 PM EST
97.77
+0.11 (0.11%)
After-hours: Feb 27, 2026, 7:46 PM EST
Medtronic Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Medtronic stock have an average target of 109.82, with a low estimate of 100 and a high estimate of 120. The average target predicts an increase of 12.45% from the current stock price of 97.66.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Medtronic stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 8 | 8 | 8 | 8 | 9 | 9 |
| Hold | 5 | 6 | 8 | 8 | 8 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 16 | 18 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $105 → $100 | Hold | Maintains | $105 → $100 | +2.40% | Feb 18, 2026 |
| Barclays | Barclays | Buy Maintains $116 → $118 | Buy | Maintains | $116 → $118 | +20.83% | Feb 18, 2026 |
| Baird | Baird | Hold Maintains $103 → $100 | Hold | Maintains | $103 → $100 | +2.40% | Feb 18, 2026 |
| Needham | Needham | Strong Buy Maintains $121 → $120 | Strong Buy | Maintains | $121 → $120 | +22.88% | Feb 17, 2026 |
| Barclays | Barclays | Buy Initiates $116 | Buy | Initiates | $116 | +18.78% | Feb 13, 2026 |
Financial Forecast
Revenue This Year
36.41B
from 33.54B
Increased by 8.57%
Revenue Next Year
38.55B
from 36.41B
Increased by 5.86%
EPS This Year
5.70
from 3.61
Increased by 58.03%
EPS Next Year
6.19
from 5.70
Increased by 8.44%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 38.0B | 40.9B | |||
| Avg | 36.4B | 38.5B | |||
| Low | 35.0B | 37.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.4% | 12.2% | |||
| Avg | 8.6% | 5.9% | |||
| Low | 4.2% | 1.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.11 | 6.71 | |||
| Avg | 5.70 | 6.19 | |||
| Low | 5.52 | 5.90 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 69.3% | 17.6% | |||
| Avg | 58.0% | 8.4% | |||
| Low | 52.8% | 3.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.