MEDTRONIC PLC

MEDTRONIC PLC

Medtronic PLC (MDT) is a leading global medical-technology company that designs, manufactures and sells a wide range of devices and therapies across cardiac, vascular, diabetes, neurological and spinal markets. Its portfolio includes pacemakers, insulin pumps, neurostimulation systems, spinal implants and surgical tools, generating a mix of implanted-device revenue and recurring consumables. With a market capitalisation of about $122.91bn, Medtronic benefits from ageing populations, steady demand for long-lived devices and an ongoing pipeline of incremental innovations. Important investor considerations include regulatory scrutiny, reimbursement and pricing pressures, competition from peers and emerging entrants, and occasional litigation. The company has historically returned cash through dividends and buybacks, but future payouts depend on cash flow and strategic priorities. This overview is general educational information only and not personalised investment advice; values can rise or fall and past performance is not a guarantee of future results.

Why It's Moving

MEDTRONIC PLC

Analysts Rally Behind Medtronic with Strong Buy Consensus Signaling Robust Upside Potential.

Wall Street's latest analyst consensus paints a bullish picture for Medtronic, with a median price target implying significant growth from current levels amid a Strong Buy rating. This outlook reflects confidence in the medtech giant's innovation pipeline and market position, even as recent ratings adjustments highlight nuanced sector dynamics.
Sentiment:
πŸƒBullish
  • 35 analysts deliver Strong Buy consensus (8.2/10 rating), backed by 18 Buy calls and zero Sells, spotlighting Medtronic's competitive edge in medical devices.
  • Median target of $110 points to over 30% upside from recent trading around $84, with optimists like Needham eyeing 44% gains on pipeline strength.
  • Recent Baird tweak to $103 maintains Neutral but underscores steady progress, fueling investor focus on Medtronic's resilience in a shifting healthcare landscape.

When is the next earnings date for MEDTRONIC PLC (MDT)?

Medtronic's next earnings date is projected for May 20, 2026, prior to market open, covering the fourth quarter of fiscal year 2026. This follows their most recent Q3 FY26 report on February 17, 2026, aligning with the company's typical quarterly cadence. Investors should monitor official announcements for confirmation, as dates remain estimates until declared.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts suggest buying Medtronic's stock with a target price of $109.97, indicating substantial growth potential.

Above Average

Financial Health

Medtronic is showing strong revenue, profits, and cash flow, indicating a solid financial performance.

Average

Dividend

Medtronic's dividend yield of 3.23% offers a reasonable return for dividend-seeking investors. If you invested $1000 you would be paid $32.30 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

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Steady implant demand

Implanted devices and related consumables can provide recurring revenue as populations age, though demand and pricing may vary across markets.

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Global market reach

Sales span developed and emerging markets, offering diversification but exposing the company to currency and local reimbursement risks.

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R&D-driven pipeline

Ongoing product development and approvals can drive long-term growth, although clinical outcomes and commercial uptake are uncertain.

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