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Medtronic (MDT) Competitors

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$90.02 +0.62 (+0.69%)
Closing price 07/11/2025 03:59 PM Eastern
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$89.43 -0.59 (-0.66%)
As of 07/11/2025 07:55 PM Eastern
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MDT vs. DXCM, ISRG, ABT, JNJ, NVST, SYK, TMO, BSX, BDX, and EW

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 Edwards Lifesciences (EW). These companies are all part of the "medical" sector.

Medtronic vs. Its Competitors

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

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
DexCom$4.03B8.11$576.20M$1.3462.22
Medtronic$33.54B3.44$4.66B$3.6224.87

97.8% of DexCom shares are held by institutional investors. Comparatively, 82.1% of Medtronic shares are held by institutional investors. 0.3% of DexCom shares are held by insiders. Comparatively, 0.2% of Medtronic shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

DexCom has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500. Comparatively, Medtronic has a beta of 0.8, suggesting that its stock price is 20% less volatile than the S&P 500.

Medtronic has a net margin of 13.90% compared to DexCom's net margin of 12.90%. DexCom's return on equity of 30.05% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
DexCom12.90% 30.05% 10.00%
Medtronic 13.90%14.54%7.83%

In the previous week, Medtronic had 42 more articles in the media than DexCom. MarketBeat recorded 61 mentions for Medtronic and 19 mentions for DexCom. DexCom's average media sentiment score of 1.43 beat Medtronic's score of 1.17 indicating that DexCom is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DexCom
15 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
44 Very Positive mention(s)
3 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

DexCom presently has a consensus target price of $98.50, suggesting a potential upside of 18.15%. Medtronic has a consensus target price of $97.47, suggesting a potential upside of 8.27%. Given DexCom's stronger consensus rating and higher possible upside, research analysts plainly believe DexCom is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DexCom
0 Sell rating(s)
4 Hold rating(s)
15 Buy rating(s)
3 Strong Buy rating(s)
2.95
Medtronic
0 Sell rating(s)
9 Hold rating(s)
8 Buy rating(s)
2 Strong Buy rating(s)
2.63

Summary

DexCom 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$115.33B$10.47B$5.56B$20.64B
Dividend Yield3.16%2.09%5.06%3.72%
P/E Ratio24.8717.1228.2627.83
Price / Sales3.4429.95437.1042.25
Price / Cash11.6022.5637.1222.32
Price / Book2.393.668.044.57
Net Income$4.66B$235.43M$3.19B$989.30M
7 Day Performance1.72%1.27%3.62%0.20%
1 Month Performance3.24%5.34%5.98%5.53%
1 Year Performance15.48%-15.78%29.39%10.30%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.6142 of 5 stars
$90.02
+0.7%
$97.47
+8.3%
+15.5%$115.33B$33.54B24.8795,000Trending News
Analyst Forecast
Gap Up
DXCM
DexCom
4.7819 of 5 stars
$82.97
+0.0%
$98.50
+18.7%
-26.9%$32.60B$4.03B62.0410,300Positive News
ISRG
Intuitive Surgical
4.6774 of 5 stars
$535.38
-1.7%
$588.95
+10.0%
+15.3%$191.89B$8.35B78.5015,638Positive News
Analyst Forecast
ABT
Abbott Laboratories
4.9542 of 5 stars
$132.98
-1.1%
$142.61
+7.2%
+26.5%$231.63B$41.95B17.25114,000Trending News
Upcoming Earnings
Analyst Forecast
JNJ
Johnson & Johnson
4.8126 of 5 stars
$155.15
-0.6%
$170.88
+10.1%
+4.7%$373.38B$88.82B17.26138,100Trending News
Upcoming Earnings
Analyst Forecast
NVST
Envista
3.2771 of 5 stars
$19.73
-3.3%
$20.23
+2.6%
+26.0%$3.35B$2.51B-3.0312,300Analyst Forecast
SYK
Stryker
4.7996 of 5 stars
$390.80
-1.1%
$427.30
+9.3%
+14.7%$149.14B$22.60B52.8053,000Positive News
Analyst Forecast
TMO
Thermo Fisher Scientific
4.9932 of 5 stars
$416.06
-3.1%
$604.05
+45.2%
-20.6%$157.25B$42.88B24.43125,000Trending News
Dividend Announcement
Analyst Forecast
Analyst Revision
BSX
Boston Scientific
4.6488 of 5 stars
$103.37
-0.9%
$116.09
+12.3%
+32.8%$152.95B$16.75B75.4653,000Trending News
BDX
Becton, Dickinson and Company
4.8162 of 5 stars
$172.72
-2.0%
$219.22
+26.9%
-23.2%$49.55B$20.18B32.9974,000Positive News
EW
Edwards Lifesciences
4.3825 of 5 stars
$76.67
-0.2%
$80.20
+4.6%
-14.2%$44.97B$5.44B10.9515,800News Coverage
Positive News
Analyst Forecast

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This page (NYSE:MDT) was last updated on 7/13/2025 by MarketBeat.com Staff
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