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Medtronic (MDT) Competitors

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$102.84 +1.85 (+1.83%)
Closing price 11/13/2026 03:59 PM Eastern
Extended Trading
$103.00 +0.16 (+0.16%)
As of 11/13/2026 08:00 PM Eastern
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MDT vs. DXCM, GEHC, ISRG, ABT, and BSX

Should you buy Medtronic stock or one of its competitors? Medtronic's main competitors and comparable companies include DexCom (DXCM), GE HealthCare Technologies (GEHC), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), and Boston Scientific (BSX). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "healthcare equipment" industry.

How does Medtronic compare to DexCom?

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

In the previous week, Medtronic had 16 more articles in the media than DexCom. MarketBeat recorded 24 mentions for Medtronic and 8 mentions for DexCom. Medtronic's average media sentiment score of 0.90 beat DexCom's score of 0.85 indicating that Medtronic is being referred to more favorably in the media.

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

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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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$36.36B3.62$4.80B$4.0625.33
DexCom$4.66B6.67$836.30M$2.5532.68

DexCom has a net margin of 19.42% compared to Medtronic's net margin of 13.93%. DexCom's return on equity of 37.77% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
DexCom 19.42%37.77%15.98%

Medtronic has a beta of 0.56, indicating that its share price is 44% less volatile than the broader market. Comparatively, DexCom has a beta of 1.45, indicating that its share price is 45% more volatile than the broader market.

Medtronic presently has a consensus price target of $102.88, indicating a potential upside of 0.04%. DexCom has a consensus price target of $95.50, indicating a potential upside of 14.60%. Given DexCom's stronger consensus rating and higher probable upside, analysts clearly believe DexCom is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
1 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.61
DexCom
0 Sell rating(s)
2 Hold rating(s)
24 Buy rating(s)
2 Strong Buy rating(s)
3.00

Summary

DexCom beats Medtronic on 12 of the 17 factors compared between the two stocks.

How does Medtronic compare to GE HealthCare Technologies?

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

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
Medtronic$36.36B3.62$4.80B$4.0625.33
GE HealthCare Technologies$20.63B1.82$2.08B$4.7417.51

In the previous week, Medtronic had 10 more articles in the media than GE HealthCare Technologies. MarketBeat recorded 24 mentions for Medtronic and 14 mentions for GE HealthCare Technologies. Medtronic's average media sentiment score of 0.90 beat GE HealthCare Technologies' score of 0.67 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
16 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
GE HealthCare Technologies
4 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 2.8%. GE HealthCare Technologies pays an annual dividend of $0.16 per share and has a dividend yield of 0.2%. Medtronic pays out 70.9% of its earnings in the form of a dividend. GE HealthCare Technologies pays out 3.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Medtronic has raised its dividend for 49 consecutive years and GE HealthCare Technologies has raised its dividend for 1 consecutive years. Medtronic is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

82.1% of Medtronic shares are owned by institutional investors. Comparatively, 82.1% of GE HealthCare Technologies shares are owned by institutional investors. 0.3% of Medtronic shares are owned by company insiders. Comparatively, 0.4% of GE HealthCare Technologies 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 13.93% compared to GE HealthCare Technologies' net margin of 9.96%. GE HealthCare Technologies' return on equity of 20.45% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
GE HealthCare Technologies 9.96%20.45%5.97%

Medtronic presently has a consensus price target of $102.88, suggesting a potential upside of 0.04%. GE HealthCare Technologies has a consensus price target of $82.17, suggesting a potential downside of 1.02%. Given Medtronic's stronger consensus rating and higher probable upside, research analysts plainly believe Medtronic is more favorable than GE HealthCare Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
1 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.61
GE HealthCare Technologies
0 Sell rating(s)
11 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.52

Medtronic has a beta of 0.56, suggesting that its share price is 44% less volatile than the broader market. Comparatively, GE HealthCare Technologies has a beta of 0.65, suggesting that its share price is 35% less volatile than the broader market.

Summary

Medtronic beats GE HealthCare Technologies on 13 of the 18 factors compared between the two stocks.

How does Medtronic compare to Intuitive Surgical?

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

82.1% of Medtronic shares are held by institutional investors. Comparatively, 83.6% of Intuitive Surgical shares are held by institutional investors. 0.3% of Medtronic shares are held by company insiders. Comparatively, 0.6% of Intuitive Surgical shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Intuitive Surgical had 14 more articles in the media than Medtronic. MarketBeat recorded 38 mentions for Intuitive Surgical and 24 mentions for Medtronic. Intuitive Surgical's average media sentiment score of 1.12 beat Medtronic's score of 0.90 indicating that Intuitive Surgical is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
16 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
Intuitive Surgical
27 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Intuitive Surgical has a net margin of 25.54% compared to Medtronic's net margin of 13.93%. Intuitive Surgical's return on equity of 18.17% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
Intuitive Surgical 25.54%18.17%15.73%

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
Medtronic$36.36B3.62$4.80B$4.0625.33
Intuitive Surgical$10.06B15.28$2.86B$8.2753.64

Medtronic presently has a consensus price target of $102.88, indicating a potential upside of 0.04%. Intuitive Surgical has a consensus price target of $493.54, indicating a potential upside of 11.26%. Given Intuitive Surgical's stronger consensus rating and higher probable upside, analysts plainly believe Intuitive Surgical is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
1 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.61
Intuitive Surgical
1 Sell rating(s)
5 Hold rating(s)
23 Buy rating(s)
1 Strong Buy rating(s)
2.80

Medtronic has a beta of 0.56, suggesting that its share price is 44% less volatile than the broader market. Comparatively, Intuitive Surgical has a beta of 1.45, suggesting that its share price is 45% more volatile than the broader market.

Summary

Intuitive Surgical beats Medtronic on 15 of the 17 factors compared between the two stocks.

How does Medtronic compare to Abbott Laboratories?

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

Abbott Laboratories has a beta of 0.54, meaning that its share price is 46% less volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, meaning that its share price is 44% less volatile than the broader market.

In the previous week, Abbott Laboratories had 8 more articles in the media than Medtronic. MarketBeat recorded 32 mentions for Abbott Laboratories and 24 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.16 beat Medtronic's score of 0.90 indicating that Abbott Laboratories is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
25 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
16 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

75.2% of Abbott Laboratories shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.5% of Abbott Laboratories 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, large money managers and endowments believe a stock is poised for long-term growth.

Abbott Laboratories pays an annual dividend of $2.52 per share and has a dividend yield of 2.3%. Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 2.8%. Abbott Laboratories pays out 94.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Medtronic pays out 70.9% of its earnings in the form of a dividend. Abbott Laboratories has raised its dividend for 54 consecutive years and Medtronic has raised its dividend for 49 consecutive years. Medtronic is clearly the better dividend stock, given its higher yield and lower payout ratio.

Abbott Laboratories currently has a consensus target price of $118.32, indicating a potential upside of 8.96%. Medtronic has a consensus target price of $102.88, indicating a potential upside of 0.04%. Given Abbott Laboratories' stronger consensus rating and higher probable upside, equities analysts clearly believe Abbott Laboratories is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
5 Hold rating(s)
21 Buy rating(s)
2 Strong Buy rating(s)
2.89
Medtronic
1 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.61

Medtronic has a net margin of 13.93% compared to Abbott Laboratories' net margin of 9.75%. Abbott Laboratories' return on equity of 18.04% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Abbott Laboratories9.75% 18.04% 9.09%
Medtronic 13.93%14.78%7.97%

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
Abbott Laboratories$44.33B4.24$6.52B$2.6840.52
Medtronic$36.36B3.62$4.80B$4.0625.33

Summary

Abbott Laboratories beats Medtronic on 14 of the 20 factors compared between the two stocks.

How does Medtronic compare to Boston Scientific?

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

Medtronic has a beta of 0.56, meaning that its stock price is 44% less volatile than the broader market. Comparatively, Boston Scientific has a beta of 0.6, meaning that its stock price is 40% less volatile than the broader market.

Boston Scientific has a net margin of 16.62% compared to Medtronic's net margin of 13.93%. Boston Scientific's return on equity of 18.61% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
Boston Scientific 16.62%18.61%10.58%

Medtronic presently has a consensus price target of $102.88, suggesting a potential upside of 0.04%. Boston Scientific has a consensus price target of $61.43, suggesting a potential upside of 38.59%. Given Boston Scientific's stronger consensus rating and higher possible upside, analysts clearly believe Boston Scientific is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
1 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.61
Boston Scientific
2 Sell rating(s)
8 Hold rating(s)
20 Buy rating(s)
1 Strong Buy rating(s)
2.65

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
Medtronic$36.36B3.62$4.80B$4.0625.33
Boston Scientific$20.07B3.20$2.90B$2.3618.78

82.1% of Medtronic shares are held by institutional investors. Comparatively, 89.1% of Boston Scientific shares are held by institutional investors. 0.3% of Medtronic shares are held by insiders. Comparatively, 0.3% of Boston Scientific shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Medtronic had 3 more articles in the media than Boston Scientific. MarketBeat recorded 24 mentions for Medtronic and 21 mentions for Boston Scientific. Boston Scientific's average media sentiment score of 1.10 beat Medtronic's score of 0.90 indicating that Boston Scientific is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
16 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
Boston Scientific
15 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Boston Scientific 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

MetricMedtronicHealthcare Equipment & Supplies IndustryHealthcare SectorNYSE Exchange
Market Cap$129.18B$5.96B$7.84B$23.48B
Dividend Yield2.85%1.68%2.46%3.78%
P/E Ratio25.3338.3934.7127.05
Price / Sales3.625.578.663.38
Price / Cash12.8723.9521.9315.51
Price / Book2.644.454.353.72
Net Income$4.80B$143.14M$3.51B$1.08B
7 Day Performance1.00%-1.25%-1.49%0.58%
1 Month Performance9.24%-1.30%-2.55%1.11%
1 Year Performance7.21%1.73%0.92%7.21%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.3904 of 5 stars
$102.84
+1.8%
$102.88
+0.0%
+7.0%$129.18B$36.36B25.3395,000
DXCM
DexCom
3.637 of 5 stars
$84.76
+3.0%
$95.50
+12.7%
+39.5%$31.61B$4.66B33.2411,000
GEHC
GE HealthCare Technologies
3.8505 of 5 stars
$79.55
+3.9%
$80.57
+1.3%
+12.2%$35.97B$20.63B16.7854,000
ISRG
Intuitive Surgical
3.8272 of 5 stars
$436.87
+1.1%
$493.54
+13.0%
-21.6%$151.44B$10.06B52.8317,021
ABT
Abbott Laboratories
4.2845 of 5 stars
$110.27
+3.8%
$118.32
+7.3%
-15.9%$190.80B$44.33B41.14115,000

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This page (NYSE:MDT) was last updated on 11/14/2026 by MarketBeat.com Staff.
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