(NYSE: MDT) Medtronic's forecast annual revenue growth rate of 7.14% is not forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 10.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.
Medtronic's revenue in 2020 is $27,868,000,000.On average, 11 Wall Street analysts forecast MDT's revenue for 2021 to be $40,436,727,840,506, with the lowest MDT revenue forecast at $40,131,546,617,155, and the highest MDT revenue forecast at $40,614,119,895,854. On average, 11 Wall Street analysts forecast MDT's revenue for 2022 to be $43,811,636,998,361, with the lowest MDT revenue forecast at $43,149,538,394,694, and the highest MDT revenue forecast at $45,207,773,918,032.
In 2023, MDT is forecast to generate $45,806,369,104,339 in revenue, with the lowest revenue forecast at $42,489,300,184,949 and the highest revenue forecast at $47,582,975,399,914.