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Medtronic (MDT) Competitors

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$94.91 -0.68 (-0.71%)
Closing price 09/19/2025 03:59 PM Eastern
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$95.56 +0.65 (+0.68%)
As of 09/19/2025 08:00 PM Eastern
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MDT vs. DXCM, ISRG, ABT, JNJ, NVST, SYK, TMO, BSX, BDX, and IDXX

Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include DexCom (DXCM), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), Johnson & Johnson (JNJ), Envista (NVST), Stryker (SYK), Thermo Fisher Scientific (TMO), Boston Scientific (BSX), Becton, Dickinson and Company (BDX), and IDEXX Laboratories (IDXX). These companies are all part of the "medical" sector.

Medtronic vs. Its Competitors

Medtronic (NYSE:MDT) and DexCom (NASDAQ:DXCM) are both large-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, institutional ownership, valuation, dividends, earnings, profitability and media sentiment.

Medtronic has a net margin of 13.63% compared to DexCom's net margin of 13.29%. DexCom's return on equity of 30.41% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.63% 14.61% 7.85%
DexCom 13.29%30.41%10.08%

Medtronic has a beta of 0.77, indicating that its share price is 23% less volatile than the S&P 500. Comparatively, DexCom has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500.

82.1% of Medtronic shares are held by institutional investors. Comparatively, 97.8% of DexCom shares are held by institutional investors. 0.3% of Medtronic shares are held by insiders. Comparatively, 0.3% of DexCom shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Medtronic has higher revenue and earnings than DexCom. Medtronic is trading at a lower price-to-earnings ratio than DexCom, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$34.20B3.56$4.66B$3.6326.15
DexCom$4.30B6.15$576.20M$1.4446.84

Medtronic presently has a consensus target price of $102.27, indicating a potential upside of 7.75%. DexCom has a consensus target price of $99.89, indicating a potential upside of 48.10%. Given DexCom's stronger consensus rating and higher possible upside, analysts clearly believe DexCom is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
8 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.65
DexCom
0 Sell rating(s)
5 Hold rating(s)
14 Buy rating(s)
3 Strong Buy rating(s)
2.91

In the previous week, Medtronic had 23 more articles in the media than DexCom. MarketBeat recorded 60 mentions for Medtronic and 37 mentions for DexCom. Medtronic's average media sentiment score of 1.38 beat DexCom's score of 0.89 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
51 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
DexCom
20 Very Positive mention(s)
1 Positive mention(s)
12 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

DexCom beats Medtronic on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MDT vs. The Competition

MetricMedtronicMED PRODUCTS IndustryMedical SectorNYSE Exchange
Market Cap$121.96B$10.61B$5.81B$21.64B
Dividend Yield2.97%1.88%5.61%3.50%
P/E Ratio26.1521.6480.5029.94
Price / Sales3.5640.59452.1859.71
Price / Cash12.2724.5137.6624.98
Price / Book2.533.4215.754.59
Net Income$4.66B$210.63M$3.30B$1.00B
7 Day Performance0.91%-0.02%5.35%0.81%
1 Month Performance4.16%0.69%7.28%5.30%
1 Year Performance6.23%-9.87%80.79%14.58%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.9426 of 5 stars
$94.91
-0.7%
$102.27
+7.8%
+6.2%$121.96B$34.20B26.1595,000News Coverage
Positive News
High Trading Volume
DXCM
DexCom
4.9772 of 5 stars
$76.20
0.0%
$99.89
+31.1%
-4.2%$29.86B$4.30B52.8810,300Trending News
Options Volume
ISRG
Intuitive Surgical
4.9506 of 5 stars
$435.49
-3.2%
$595.95
+36.8%
-9.8%$156.03B$8.35B60.7015,638News Coverage
Positive News
Analyst Revision
ABT
Abbott Laboratories
4.9381 of 5 stars
$131.93
-1.3%
$144.47
+9.5%
+19.8%$229.49B$41.95B16.52114,000News Coverage
Positive News
Dividend Announcement
JNJ
Johnson & Johnson
4.7042 of 5 stars
$177.48
-0.3%
$176.29
-0.7%
+7.2%$427.14B$90.63B18.97138,100Trending News
Analyst Forecast
NVST
Envista
3.7612 of 5 stars
$21.07
+0.3%
$20.92
-0.7%
+10.1%$3.50B$2.51B65.7712,300Positive News
SYK
Stryker
4.9764 of 5 stars
$379.62
-1.0%
$431.42
+13.6%
+3.2%$145.04B$23.82B50.2553,000News Coverage
Positive News
Analyst Upgrade
TMO
Thermo Fisher Scientific
4.9676 of 5 stars
$474.84
-0.9%
$592.24
+24.7%
-21.8%$179.01B$43.21B27.42125,000News Coverage
Positive News
BSX
Boston Scientific
4.869 of 5 stars
$100.70
-2.0%
$118.04
+17.2%
+16.6%$149.12B$18.49B59.9053,000News Coverage
Positive News
Analyst Forecast
Options Volume
BDX
Becton, Dickinson and Company
4.9595 of 5 stars
$186.29
-0.3%
$211.44
+13.5%
-19.8%$53.36B$21.39B33.4874,000News Coverage
Positive News
IDXX
IDEXX Laboratories
4.1454 of 5 stars
$648.04
+1.1%
$649.44
+0.2%
+29.5%$51.84B$4.04B53.9511,000Positive News
Analyst Upgrade

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This page (NYSE:MDT) was last updated on 9/21/2025 by MarketBeat.com Staff
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