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NYSE: MDT
Medtronic PLC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MDT

Based on 7 analysts offering 12 month price targets for Medtronic PLC.
Min Forecast
$76.00-5.71%
Avg Forecast
$90.57+12.37%
Max Forecast
$105.00+30.27%

Should I buy or sell MDT stock?

Based on 7 analysts offering ratings for Medtronic PLC.
Hold
Strong Buy
2 analysts 28.57%
Buy
0 analysts 0%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
2 analysts 28.57%

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MDT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-30
lockedlocked$00.00+00.00%2024-05-24
lockedlocked$00.00+00.00%2024-05-24
lockedlocked$00.00+00.00%2024-05-24
lockedlocked$00.00+00.00%2024-05-24
Oppenheimer
Top 22%
79
HoldMaintains$92.00+14.14%2024-02-21
Mizuho
Top 13%
88
Strong BuyMaintains$98.00+21.59%2024-02-21

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Forecast return on equity

Is MDT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
27.99%

Forecast return on assets

Is MDT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MDT revenue forecast

What is MDT's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$33.4B+3.36%
Avg 2 year Forecast
$35.0B+8.26%
Avg 3 year Forecast
$36.6B+13.16%
MDT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MDT earnings growth forecast

How is MDT forecast to perform vs Medical Devices companies and vs the US market?
Company
57.47%
Industry
28.78%
Market
17.99%
MDT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MDT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MDT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MDT revenue growth forecast

How is MDT forecast to perform vs Medical Devices companies and vs the US market?
Company
4.21%
Industry
8.18%
Market
9.69%
MDT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MDT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MDT vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
MDT$80.60$90.57+12.37%Hold
BSX$75.00$79.68+6.25%Strong Buy
SYK$340.52$374.47+9.97%Strong Buy
EW$87.89$96.79+10.12%Strong Buy
DXCM$118.40$148.00+25.00%Strong Buy
View Top Medical Device Stocks

Medtronic Stock Forecast FAQ

Is Medtronic Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: MDT) stock is to Hold MDT stock.

Out of 7 analysts, 2 (28.57%) are recommending MDT as a Strong Buy, 0 (0%) are recommending MDT as a Buy, 3 (42.86%) are recommending MDT as a Hold, 0 (0%) are recommending MDT as a Sell, and 2 (28.57%) are recommending MDT as a Strong Sell.

If you're new to stock investing, here's how to buy Medtronic stock.

What is MDT's revenue growth forecast for 2025-2027?

(NYSE: MDT) Medtronic's forecast annual revenue growth rate of 4.21% is not forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.18%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.69%.

Medtronic's revenue in 2024 is $32,320,000,000.On average, 11 Wall Street analysts forecast MDT's revenue for 2025 to be $44,358,041,742,648, with the lowest MDT revenue forecast at $44,280,226,030,572, and the highest MDT revenue forecast at $44,529,723,885,650. On average, 11 Wall Street analysts forecast MDT's revenue for 2026 to be $46,459,363,400,936, with the lowest MDT revenue forecast at $46,285,702,802,351, and the highest MDT revenue forecast at $46,743,336,840,417.

In 2027, MDT is forecast to generate $48,564,919,485,302 in revenue, with the lowest revenue forecast at $48,173,149,428,638 and the highest revenue forecast at $48,783,885,388,918.

What is MDT's forecast return on assets (ROA) for 2025-2027?

(NYSE: MDT) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of N/A.

What is MDT's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MDT price target, the average MDT price target is $90.57, with the highest MDT stock price forecast at $105.00 and the lowest MDT stock price forecast at $76.00.

On average, Wall Street analysts predict that Medtronic's share price could reach $90.57 by May 30, 2025. The average Medtronic stock price prediction forecasts a potential upside of 12.37% from the current MDT share price of $80.60.

What is MDT's forecast return on equity (ROE) for 2025-2027?

(NYSE: MDT) forecast ROE is N/A, which is considered weak.
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