Medtronic PLC

Medtronic PLC

Provides medical technology solutions including therapeutic, diagnostic, and monitoring products for the healthcare industry

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Medtronic's stock with a target price of $93.04, indicating potential growth.

Above Average

Financial Health

Medtronic is achieving strong revenue and profits, along with solid cash flow generation.

Average

Dividend

Medtronic's dividend yield of 2.94% offers a modest return for investors seeking dividends. If you invested $1000 you would be paid $28.10 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.

Baskets Featuring MDT

Healthcare Titans: Brazil Growth vs Currency Volatility

Healthcare Titans: Brazil Growth vs Currency Volatility

Brazil's healthcare sector is rapidly modernizing, creating significant demand for global innovation in areas like AI and digital health. This basket offers exposure to the US and EU-listed pharmaceutical, medical device, and technology titans that supply this growing market.

Published: October 14, 2025

Explore Basket
Novo Nordisk Stock Risks: Healthcare Diversification

Novo Nordisk Stock Risks: Healthcare Diversification

As Africa's healthcare needs grow, demand for innovative treatments for chronic conditions like diabetes is on the rise. This basket offers potential exposure to this trend through leading global pharmaceutical and healthcare companies listed on US and EU exchanges.

Published: September 23, 2025

Explore Basket
Healthcare Innovation: MedTech Giants Portfolio 2025

Healthcare Innovation: MedTech Giants Portfolio 2025

Growing demand for advanced healthcare in Africa highlights the global companies at the forefront of medical technology innovation. This theme offers exposure to US and EU-listed industry leaders in robotic surgery, diagnostic imaging, and other medical devices.

Published: September 22, 2025

Explore Basket
Johnson & Johnson (Healthcare Diversification)

Johnson & Johnson (Healthcare Diversification)

As Nigeria's population seeks stable growth opportunities, the global healthcare sector offers a compelling theme for portfolio diversification. This basket provides exposure through a collection of US and EU-listed industry leaders in pharmaceuticals, medical devices, and consumer health.

Published: September 16, 2025

Explore Basket
ARK Innovation ETF: What's Next for Africa's Growth?

ARK Innovation ETF: What's Next for Africa's Growth?

Africa's digital economy is rapidly expanding, creating demand for cutting-edge technologies in finance, healthcare, and energy. This basket offers potential exposure to US-listed companies leading the disruptive innovation trends that are shaping the continent's future.

Published: September 15, 2025

Explore Basket
Wearable Health Stocks: Growth Potential vs Competition

Wearable Health Stocks: Growth Potential vs Competition

Apple's recent FDA clearance for its Apple Watch hypertension feature marks a major step in wearable medical technology. This development opens up investment opportunities in the broader ecosystem of connected health devices and remote patient monitoring services.

Published: September 12, 2025

Explore Basket
At-Home Healthcare Stocks Explained | FDA Approval

At-Home Healthcare Stocks Explained | FDA Approval

The FDA's approval of an injectable, at-home version of Eisai and Biogen's Alzheimer's drug simplifies treatment and reduces the need for hospital visits. This development highlights a broader trend toward at-home care, creating potential investment opportunities in companies that provide related medical devices and healthcare services.

Published: August 30, 2025

Explore Basket
Wearable Tech IP Wars: What Investors Should Know

Wearable Tech IP Wars: What Investors Should Know

Masimo's lawsuit against U.S. Customs, following a reversal of an import ban on Apple Watches, highlights the fierce competition over intellectual property in wearable health. This theme focuses on the medical technology companies and competitors poised to benefit from the ongoing patent battles in the lucrative health-monitoring device market.

Published: August 21, 2025

Explore Basket
Healthcare's Compliance Catalyst

Healthcare's Compliance Catalyst

The Department of Justice's investigation into UnitedHealth's billing practices is increasing pressure on the entire healthcare industry to ensure compliance. This regulatory focus creates an investment opportunity in companies that provide specialized technology for transparent and accurate medical billing.

Published: July 26, 2025

Explore Basket

Why You’ll Want to Watch This Stock

πŸ“ˆ

Steady implant demand

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

🌍

Global market reach

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

⚑

R&D-driven pipeline

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

Why invest with Nemo?

Nemo Logo Fade
πŸ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

πŸ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

πŸ’°

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

ABT

Abbott Laboratories

Abbott Laboratories is a global healthcare company that develops and markets a broad range of health care products, including medical devices, diagnostics, nutritionals, and branded generic pharmaceuticals.

TMO

Thermo Fisher Scientific, Inc.

Thermo Fisher provides a range of services and products that help customers advance their research, solve complex analytical challenges, improve patient diagnostics, and increase laboratory productivity.

ISRG

Intuitive Surgical, Inc.

A healthcare company that develops, manufactures, and markets robotic-assisted surgical systems for procedures in multiple specialties

Frequently asked questions