Medtronic (MDT) Competitors

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$79.37 +0.03 (+0.03%)
Closing price 06/18/2026 03:59 PM Eastern
Extended Trading
$79.40 +0.03 (+0.04%)
As of 06/18/2026 07:45 PM Eastern
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MDT vs. DXCM, GEHC, ISRG, ABT, and BSX

Should you buy Medtronic stock or one of its competitors? MarketBeat compares Medtronic with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Medtronic include DexCom (DXCM), GE HealthCare Technologies (GEHC), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), and Boston Scientific (BSX). These companies are all part of the "medical" sector.

How does Medtronic compare to DexCom?

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

In the previous week, Medtronic had 18 more articles in the media than DexCom. MarketBeat recorded 41 mentions for Medtronic and 23 mentions for DexCom. Medtronic's average media sentiment score of 1.23 beat DexCom's score of 1.14 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
33 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
DexCom
17 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic presently has a consensus price target of $99.00, suggesting a potential upside of 24.74%. DexCom has a consensus price target of $84.83, suggesting a potential upside of 17.06%. Given Medtronic's higher probable upside, equities research analysts clearly believe Medtronic is more favorable than DexCom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
11 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.61
DexCom
1 Sell rating(s)
3 Hold rating(s)
19 Buy rating(s)
3 Strong Buy rating(s)
2.92

DexCom has a net margin of 19.31% compared to Medtronic's net margin of 13.20%. DexCom's return on equity of 33.33% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.20% 14.61% 7.80%
DexCom 19.31%33.33%13.19%

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 company insiders. Comparatively, 0.3% of DexCom shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Medtronic has a beta of 0.58, meaning that its share price is 42% less volatile than the broader market. Comparatively, DexCom has a beta of 1.45, meaning that its share price is 45% more volatile than the broader market.

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$36.36B2.80$4.80B$3.7321.28
DexCom$4.66B6.00$836.30M$2.3430.97

Summary

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

How does Medtronic compare to GE HealthCare Technologies?

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

GE HealthCare Technologies pays an annual dividend of $0.14 per share and has a dividend yield of 0.2%. Medtronic pays an annual dividend of $2.84 per share and has a dividend yield of 3.6%. GE HealthCare Technologies pays out 3.3% of its earnings in the form of a dividend. Medtronic pays out 76.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. GE HealthCare Technologies has increased its dividend for 1 consecutive years and Medtronic has increased its dividend for 49 consecutive years. Medtronic is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GE HealthCare Technologies$20.63B1.36$2.08B$4.1814.73
Medtronic$36.36B2.80$4.80B$3.7321.28

82.1% of GE HealthCare Technologies shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.4% of GE HealthCare Technologies shares are owned by company insiders. Comparatively, 0.3% of Medtronic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Medtronic has a net margin of 13.20% compared to GE HealthCare Technologies' net margin of 9.10%. GE HealthCare Technologies' return on equity of 20.46% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
GE HealthCare Technologies9.10% 20.46% 5.73%
Medtronic 13.20%14.61%7.80%

GE HealthCare Technologies currently has a consensus price target of $80.21, suggesting a potential upside of 30.23%. Medtronic has a consensus price target of $99.00, suggesting a potential upside of 24.74%. Given GE HealthCare Technologies' higher possible upside, equities research analysts clearly believe GE HealthCare Technologies is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GE HealthCare Technologies
0 Sell rating(s)
9 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.50
Medtronic
0 Sell rating(s)
11 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.61

GE HealthCare Technologies has a beta of 0.74, suggesting that its stock price is 26% less volatile than the broader market. Comparatively, Medtronic has a beta of 0.58, suggesting that its stock price is 42% less volatile than the broader market.

In the previous week, Medtronic had 28 more articles in the media than GE HealthCare Technologies. MarketBeat recorded 41 mentions for Medtronic and 13 mentions for GE HealthCare Technologies. GE HealthCare Technologies' average media sentiment score of 1.41 beat Medtronic's score of 1.23 indicating that GE HealthCare Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
GE HealthCare Technologies
12 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
33 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

Medtronic beats GE HealthCare Technologies on 11 of the 18 factors compared between the two stocks.

How does Medtronic compare to Intuitive Surgical?

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

Intuitive Surgical presently has a consensus target price of $573.42, indicating a potential upside of 40.96%. Medtronic has a consensus target price of $99.00, indicating a potential upside of 24.74%. Given Intuitive Surgical's stronger consensus rating and higher possible upside, equities research analysts plainly believe Intuitive Surgical is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Intuitive Surgical
1 Sell rating(s)
7 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.67
Medtronic
0 Sell rating(s)
11 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.61

Intuitive Surgical has a beta of 1.46, indicating that its share price is 46% more volatile than the broader market. Comparatively, Medtronic has a beta of 0.58, indicating that its share price is 42% less volatile than the broader market.

83.6% of Intuitive Surgical shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.6% of Intuitive Surgical shares are owned by insiders. Comparatively, 0.3% of Medtronic shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

In the previous week, Intuitive Surgical had 29 more articles in the media than Medtronic. MarketBeat recorded 70 mentions for Intuitive Surgical and 41 mentions for Medtronic. Intuitive Surgical's average media sentiment score of 1.51 beat Medtronic's score of 1.23 indicating that Intuitive Surgical is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Intuitive Surgical
65 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Medtronic
33 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Intuitive Surgical has a net margin of 28.15% compared to Medtronic's net margin of 13.20%. Intuitive Surgical's return on equity of 15.98% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Intuitive Surgical28.15% 15.98% 14.07%
Medtronic 13.20%14.61%7.80%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Intuitive Surgical$10.06B14.31$2.86B$8.2549.31
Medtronic$36.36B2.80$4.80B$3.7321.28

Summary

Intuitive Surgical beats Medtronic on 14 of the 16 factors compared between the two stocks.

How does Medtronic compare to Abbott Laboratories?

Medtronic (NYSE:MDT) and Abbott Laboratories (NYSE:ABT) are both large-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, media sentiment, dividends, profitability, valuation and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$36.36B2.80$4.80B$3.7321.28
Abbott Laboratories$44.33B3.48$6.52B$3.5724.78

Abbott Laboratories has a net margin of 13.90% compared to Medtronic's net margin of 13.20%. Abbott Laboratories' return on equity of 17.62% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.20% 14.61% 7.80%
Abbott Laboratories 13.90%17.62%10.01%

Medtronic presently has a consensus target price of $99.00, suggesting a potential upside of 24.74%. Abbott Laboratories has a consensus target price of $118.30, suggesting a potential upside of 33.71%. Given Abbott Laboratories' stronger consensus rating and higher probable upside, analysts plainly believe Abbott Laboratories is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
11 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.61
Abbott Laboratories
1 Sell rating(s)
4 Hold rating(s)
19 Buy rating(s)
2 Strong Buy rating(s)
2.85

82.1% of Medtronic shares are owned by institutional investors. Comparatively, 75.2% of Abbott Laboratories shares are owned by institutional investors. 0.3% of Medtronic shares are owned by company insiders. Comparatively, 0.5% of Abbott Laboratories shares are owned by company 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 pays an annual dividend of $2.84 per share and has a dividend yield of 3.6%. Abbott Laboratories pays an annual dividend of $2.52 per share and has a dividend yield of 2.8%. Medtronic pays out 76.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Abbott Laboratories pays out 70.6% of its earnings in the form of a dividend. Medtronic has raised its dividend for 49 consecutive years and Abbott Laboratories has raised its dividend for 54 consecutive years.

Medtronic has a beta of 0.58, suggesting that its share price is 42% less volatile than the broader market. Comparatively, Abbott Laboratories has a beta of 0.63, suggesting that its share price is 37% less volatile than the broader market.

In the previous week, Abbott Laboratories had 14 more articles in the media than Medtronic. MarketBeat recorded 55 mentions for Abbott Laboratories and 41 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.53 beat Medtronic's score of 1.23 indicating that Abbott Laboratories is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
33 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Abbott Laboratories
50 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Abbott Laboratories beats Medtronic on 17 of the 20 factors compared between the two stocks.

How does Medtronic compare to Boston Scientific?

Boston Scientific (NYSE:BSX) and Medtronic (NYSE:MDT) are both large-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, media sentiment, profitability, institutional ownership, earnings and valuation.

Boston Scientific currently has a consensus price target of $85.08, indicating a potential upside of 87.81%. Medtronic has a consensus price target of $99.00, indicating a potential upside of 24.74%. Given Boston Scientific's stronger consensus rating and higher probable upside, equities analysts plainly believe Boston Scientific is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boston Scientific
1 Sell rating(s)
5 Hold rating(s)
23 Buy rating(s)
1 Strong Buy rating(s)
2.80
Medtronic
0 Sell rating(s)
11 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.61

Boston Scientific has a beta of 0.56, meaning that its stock price is 44% less volatile than the broader market. Comparatively, Medtronic has a beta of 0.58, meaning that its stock price is 42% less volatile than the broader market.

In the previous week, Boston Scientific had 9 more articles in the media than Medtronic. MarketBeat recorded 50 mentions for Boston Scientific and 41 mentions for Medtronic. Boston Scientific's average media sentiment score of 1.51 beat Medtronic's score of 1.23 indicating that Boston Scientific is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Boston Scientific
46 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Very Positive
Medtronic
33 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Boston Scientific$20.07B3.35$2.90B$2.3918.95
Medtronic$36.36B2.80$4.80B$3.7321.28

89.1% of Boston Scientific shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.3% of Boston Scientific shares are owned by insiders. Comparatively, 0.3% of Medtronic shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Boston Scientific has a net margin of 17.29% compared to Medtronic's net margin of 13.20%. Boston Scientific's return on equity of 19.17% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Boston Scientific17.29% 19.17% 10.77%
Medtronic 13.20%14.61%7.80%

Summary

Boston Scientific beats Medtronic on 12 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$101.86B$8.34B$6.43B$23.21B
Dividend Yield3.58%2.55%2.68%4.06%
P/E Ratio21.2815.5724.7531.61
Price / Sales2.807.37529.99112.15
Price / Cash10.1117.0545.0724.44
Price / Book2.113.2810.804.68
Net Income$4.80B$224.06M$3.57B$1.08B
7 Day Performance-0.93%-1.92%0.72%-0.82%
1 Month Performance1.60%-2.90%0.41%1.07%
1 Year Performance-8.03%0.83%29.34%25.02%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.9424 of 5 stars
$79.37
+0.0%
$99.00
+24.7%
-8.0%$101.86B$36.36B21.2895,000
DXCM
DexCom
4.5793 of 5 stars
$74.20
-1.5%
$84.83
+14.3%
-9.4%$28.63B$4.82B31.7111,000
GEHC
GE HealthCare Technologies
4.9354 of 5 stars
$64.67
-0.8%
$80.21
+24.0%
-13.6%$29.42B$20.98B15.4754,000
ISRG
Intuitive Surgical
4.3099 of 5 stars
$416.40
+1.3%
$571.28
+37.2%
-20.1%$147.47B$10.06B50.4717,021
ABT
Abbott Laboratories
4.9903 of 5 stars
$88.76
+0.7%
$118.38
+33.4%
-33.4%$154.60B$45.13B24.86115,000

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This page (NYSE:MDT) was last updated on 6/21/2026 by MarketBeat.com Staff.
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