Medtronic Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Medtronic stock have an average target of 108.21, with a low estimate of 90 and a high estimate of 120. The average target predicts an increase of 32.12% from the current stock price of 81.90.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$90	$108.21	$110	$120
Change	+9.89%	+32.12%	+34.31%	+46.52%

Analyst Ratings

The average analyst rating for Medtronic stock from 21 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	2	3	3	3
Buy	8	8	9	9	9	9
Hold	8	8	8	7	7	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	19	19	19	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Priya Sachdeva UBS	UBS	Hold Maintains $104 → $90	Hold	Maintains	$104 → $90	+9.89%	Apr 22, 2026
Richard Newitter Truist Securities	Truist Securities	Hold Maintains $103 → $95	Hold	Maintains	$103 → $95	+16.00%	Apr 15, 2026
Anthony Petrone Mizuho	Mizuho	Buy Maintains $125 → $120	Buy	Maintains	$125 → $120	+46.52%	Apr 13, 2026
Vijay Kumar Evercore ISI Group	Evercore ISI Group	Buy Maintains $108 → $106	Buy	Maintains	$108 → $106	+29.43%	Apr 9, 2026
Joanne Wuensch Citigroup	Citigroup	Strong Buy Maintains $117 → $110	Strong Buy	Maintains	$117 → $110	+34.31%	Apr 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

36.53B

from 33.54B

8.91%

from 33.54B

Revenue Next Year

38.91B

from 36.53B

6.54%

from 36.53B

EPS This Year

5.66

from 3.61

56.67%

from 3.61

EPS Next Year

6.13

from 5.66

8.42%

from 5.66

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2021	Apr 29, 2022	Apr 28, 2023	Apr 26, 2024	Apr 25, 2025	Apr 25, 2026	Apr 25, 2027
Revenue	30.12B	31.69B	31.23B	32.36B	33.54B	36.53B	38.91B
Revenue Growth	4.16%	5.21%	-1.45%	3.64%	3.62%	8.91%	6.54%
EPS	2.66	3.73	2.82	2.76	3.61	5.66	6.13
EPS Growth	-24.86%	40.23%	-24.40%	-2.13%	30.80%	56.67%	8.42%
Forward PE	-	-	-	-	-	14.48	13.36
No. Analysts	-	-	-	-	-	34	34

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	38.1B	41.3B
Avg	36.5B	38.9B
Low	35.1B	35.8B

Revenue Growth

Revenue Growth	2026	2027
High	13.6%	13.1%
Avg	8.9%	6.5%
Low	4.6%	-2.0%

EPS Forecast

EPS	2026	2027
High	5.94	6.56
Avg	5.66	6.13
Low	5.40	5.88

EPS Growth

EPS Growth	2026	2027
High	64.6%	16.0%
Avg	56.7%	8.4%
Low	49.6%	3.9%

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.