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Medtronic (MDT) Stock Price, News & Analysis

Medtronic logo
$93.77 +0.76 (+0.82%)
As of 03:25 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Medtronic Stock (NYSE:MDT)

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Key Stats

Today's Range
$92.16
▼
$93.62
50-Day Range
$85.51
▼
$94.13
52-Week Range
$73.31
▼
$106.33
Volume
8.07 million shs
Average Volume
10.90 million shs
Market Capitalization
$119.94 billion
P/E Ratio
23.10
Dividend Yield
3.07%
Price Target
$102.88
Consensus Rating
Moderate Buy

Company Overview

Medtronic plc is a global medical technology company that develops and manufactures devices, therapies and healthcare solutions for treating chronic and acute conditions. Its products are used in areas including cardiac and vascular care, neuroscience, medical and surgical procedures, and diabetes management.

The company’s portfolio includes pacemakers, implantable cardioverter-defibrillators, cardiac ablation systems, stents and other cardiovascular products; neuromodulation systems, deep-brain stimulation devices and spinal technologies; surgical instruments, robotic-assisted surgery systems and gastrointestinal diagnostic tools; and insulin pumps and related diabetes technologies.

Medtronic traces its origins to 1949, when Earl Bakken and Palmer Hermundslie founded the company in Minneapolis, Minnesota. Bakken later developed the first battery-powered external wearable pacemaker, helping establish Medtronic as a major medical device innovator. The company serves healthcare providers and patients in markets around the world, with operations and products spanning North America, Europe, Asia-Pacific and other international regions.

Geoffrey S. Martha serves as Medtronic’s chairman and chief executive officer. The company is incorporated in Ireland and maintains significant corporate and operational activities in the United States, including in Minnesota.

AI Generated. May Contain Errors.

Medtronic Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
87th Percentile Overall Score

MDT MarketRank™: 
4.34205337189 of 5 stars

Medtronic scored higher than 87% of companies evaluated by MarketBeat, and ranked 37th out of 877 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Medtronic has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on no strong buy ratings, 17 buy ratings, 10 hold ratings, and 1 sell rating.

  • Upside Potential

    Medtronic has a consensus price target of $102.88, representing about 11.0% upside from its current price of $92.71.

  • Amount of Analyst Coverage

    Medtronic has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Medtronic's stock forecast and price target.
  • Earnings Growth

    Earnings for Medtronic are expected to grow by 6.35% in the coming year, from $5.98 to $6.36 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Medtronic is 22.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Medtronic is 22.84, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 275.44.

  • Price to Earnings Growth Ratio

    Medtronic has a PEG Ratio of 2.09. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Medtronic has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Medtronic's valuation and earnings.
  • Percentage of Shares Shorted

    3.13% of the float of Medtronic has been sold short.
  • Short Interest Ratio / Days to Cover

    Medtronic has a short interest ratio ("days to cover") of 2.72, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Medtronic has recently increased by 132.01%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Medtronic pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Medtronic has been increasing its dividend for 49 years.

  • Dividend Coverage

    The dividend payout ratio of Medtronic is 70.94%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Medtronic will have a dividend payout ratio of 45.28% next year. This indicates that Medtronic will be able to sustain or increase its dividend.

  • Read more about Medtronic's dividend.
  • News Sentiment

    Medtronic has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 51 news articles for Medtronic this week, compared to 9 articles on an average week.
  • Search Interest

    Only 66 people have searched for MDT on MarketBeat in the last 30 days. This is a decrease of -1% compared to the previous 30 days.
  • MarketBeat Follows

    32 people have added Medtronic to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Medtronic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $138,883.00 in company stock.

  • Percentage Held by Insiders

    0.27% of the stock of Medtronic is held by insiders.

  • Percentage Held by Institutions

    82.06% of the stock of Medtronic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Medtronic's insider trading history.
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MDT Stock News Headlines

Medtronic Pays More Today. Abbott Raises Its Dividend Faster.
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Bill Poulos's Top 10 Stocks to Buy This Quarter report is still available free, but not for long. Every quarter he swaps in a brand-new list, and once the new edition launches, this one disappears. Investors who want a current snapshot of his picks should grab a copy now and save it before the switch happens.tc pixel
Medtronic PLC (NYSE:MDT) Sees Significant Increase in Short Interest
Top Medical Stocks To Consider - October 12th
See More Headlines

MDT Stock Analysis - Frequently Asked Questions

Medtronic's stock was trading at $96.13 at the start of the year. Since then, MDT stock has decreased by 3.6% and is now trading at $92.7120.

Medtronic PLC (NYSE:MDT) issued its earnings results on Tuesday, September, 1st. The medical technology company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. The business's revenue for the quarter was up 13.7% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional shareholders of Medtronic include Congress Asset Management Co. (0.07%), Gradient Investments LLC (0.04%), Argent Capital Management LLC (0.01%) and Confluence Investment Management LLC (0.01%). Insiders that own company stock include Geoffrey Martha, Sean Salmon, Harry Skip Kiil, Brett A Wall, Michael Marinaro and William R Jellison.
View institutional ownership trends
.

Shares of MDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Medtronic investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), AbbVie (ABBV), Verizon Communications (VZ), Pfizer (PFE), Intel (INTC) and Walt Disney (DIS).

Company Calendar

Record date for 7/17 Dividend
6/26/2026
Ex-Dividend for 7/17 Dividend
6/26/2026
Dividend Payable
7/17/2026
Last Earnings
9/01/2026
Record date for 10/16 Dividend
9/25/2026
Ex-Dividend for 10/16 Dividend
9/25/2026
Today
10/14/2026
Dividend Payable
10/16/2026
Next Earnings (Estimated)
11/17/2026
Fiscal Year End
4/30/2027

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Healthcare Equipment & Supplies
Sub-Industry
Healthcare Equipment
Current Symbol
NYSE:MDT
CIK
1613103
Employees
95,000
Year Founded
1949

Price Target and Rating

High Price Target
$118.00
Low Price Target
$83.00
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
28 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.06
Trailing P/E Ratio
23.00
Forward P/E Ratio
15.62
P/E Growth
2.09
Net Income
$4.80 billion
Net Margins
13.93%
Pretax Margin
17.59%
Return on Equity
14.78%
Return on Assets
7.97%

Debt

Debt-to-Equity Ratio
0.50
Current Ratio
2.07
Quick Ratio
1.54

Sales & Book Value

Annual Sales
$36.36 billion
Price / Sales
3.29
Cash Flow
$7.98 per share
Price / Cash Flow
11.71
Book Value
$39.00 per share
Price / Book
2.39

Miscellaneous

Outstanding Shares
1,279,140,000
Free Float
1,275,684,000
Market Cap
$119.47 billion
Optionable
Optionable
Beta
0.55

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This page (NYSE:MDT) was last updated on 10/14/2026 by MarketBeat.com Staff.
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