Go Pro

Medtronic (MDT) Competitors

Medtronic logo
$85.74 -1.80 (-2.06%)
Closing price 07/30/2026 03:59 PM Eastern
Extended Trading
$85.40 -0.34 (-0.40%)
As of 09:14 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

MDT vs. DXCM, ISRG, ABT, BSX, and JNJ

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), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), Boston Scientific (BSX), and Johnson & Johnson (JNJ). These companies are all part of the "medical" sector.

How does Medtronic compare to DexCom?

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

In the previous week, DexCom had 10 more articles in the media than Medtronic. MarketBeat recorded 38 mentions for DexCom and 28 mentions for Medtronic. Medtronic's average media sentiment score of 1.07 beat DexCom's score of 0.96 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DexCom
19 Very Positive mention(s)
1 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
22 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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

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

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
DexCom19.31% 33.33% 13.19%
Medtronic 13.20%14.51%7.76%

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$4.66B6.17$836.30M$2.3431.85
Medtronic$36.36B3.02$4.80B$3.7322.99

DexCom presently has a consensus price target of $84.71, suggesting a potential upside of 13.64%. Medtronic has a consensus price target of $98.83, suggesting a potential upside of 15.27%. Given Medtronic's higher probable upside, analysts plainly believe Medtronic is more favorable than DexCom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DexCom
1 Sell rating(s)
3 Hold rating(s)
21 Buy rating(s)
2 Strong Buy rating(s)
2.89
Medtronic
0 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

DexCom beats Medtronic on 12 of the 17 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 investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings, media sentiment and profitability.

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$11.03B11.30$2.86B$8.7340.43
Medtronic$36.36B3.02$4.80B$3.7322.99

Intuitive Surgical has a net margin of 28.45% compared to Medtronic's net margin of 13.20%. Intuitive Surgical's return on equity of 16.91% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Intuitive Surgical28.45% 16.91% 14.83%
Medtronic 13.20%14.51%7.76%

Intuitive Surgical currently has a consensus target price of $509.02, suggesting a potential upside of 44.21%. Medtronic has a consensus target price of $98.83, suggesting a potential upside of 15.27%. Given Intuitive Surgical's higher possible upside, 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)
8 Hold rating(s)
20 Buy rating(s)
0 Strong Buy rating(s)
2.66
Medtronic
0 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

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

Intuitive Surgical has a beta of 1.46, suggesting that its stock price is 46% more volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, suggesting that its stock price is 44% less volatile than the broader market.

In the previous week, Intuitive Surgical had 27 more articles in the media than Medtronic. MarketBeat recorded 55 mentions for Intuitive Surgical and 28 mentions for Medtronic. Medtronic's average media sentiment score of 1.07 beat Intuitive Surgical's score of 1.06 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Intuitive Surgical
40 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Medtronic
22 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Intuitive Surgical beats Medtronic on 12 of the 16 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 medical companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, media sentiment, valuation and earnings.

In the previous week, Abbott Laboratories had 30 more articles in the media than Medtronic. MarketBeat recorded 58 mentions for Abbott Laboratories and 28 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.11 beat Medtronic's score of 1.07 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
40 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive
Medtronic
22 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

75.2% of Abbott Laboratories shares are held by institutional investors. Comparatively, 82.1% of Medtronic shares are held by institutional investors. 0.5% of Abbott Laboratories shares are held by insiders. Comparatively, 0.3% of Medtronic shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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$44.33B4.13$6.52B$3.0934.25
Medtronic$36.36B3.02$4.80B$3.7322.99

Medtronic has a net margin of 13.20% compared to Abbott Laboratories' net margin of 11.65%. Abbott Laboratories' return on equity of 17.69% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Abbott Laboratories11.65% 17.69% 9.44%
Medtronic 13.20%14.51%7.76%

Abbott Laboratories pays an annual dividend of $2.52 per share and has a dividend yield of 2.4%. Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.4%. Abbott Laboratories pays out 81.6% 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 77.2% 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 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 has a beta of 0.61, indicating that its share price is 39% less volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, indicating that its share price is 44% less volatile than the broader market.

Abbott Laboratories currently has a consensus price target of $118.17, suggesting a potential upside of 11.67%. Medtronic has a consensus price target of $98.83, suggesting a potential upside of 15.27%. Given Medtronic's higher possible upside, analysts plainly believe Medtronic is more favorable than Abbott Laboratories.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
1 Sell rating(s)
3 Hold rating(s)
19 Buy rating(s)
3 Strong Buy rating(s)
2.92
Medtronic
0 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Abbott Laboratories beats Medtronic on 14 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 investment? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, profitability, earnings, media sentiment, analyst recommendations and risk.

Boston Scientific currently has a consensus price target of $71.62, suggesting a potential upside of 55.96%. Medtronic has a consensus price target of $98.83, suggesting a potential upside of 15.27%. Given Boston Scientific's stronger consensus rating and higher probable upside, equities analysts clearly believe Boston Scientific is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boston Scientific
2 Sell rating(s)
5 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.71
Medtronic
0 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

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 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 company will outperform the market over the long term.

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$20.07B3.40$2.90B$2.3919.21
Medtronic$36.36B3.02$4.80B$3.7322.99

In the previous week, Boston Scientific had 64 more articles in the media than Medtronic. MarketBeat recorded 92 mentions for Boston Scientific and 28 mentions for Medtronic. Medtronic's average media sentiment score of 1.07 beat Boston Scientific's score of 0.59 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Boston Scientific
38 Very Positive mention(s)
12 Positive mention(s)
16 Neutral mention(s)
17 Negative mention(s)
1 Very Negative mention(s)
Positive
Medtronic
22 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Boston Scientific has a net margin of 17.50% compared to Medtronic's net margin of 13.20%. Boston Scientific's return on equity of 19.36% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Boston Scientific17.50% 19.36% 10.99%
Medtronic 13.20%14.51%7.76%

Summary

Boston Scientific beats Medtronic on 11 of the 16 factors compared between the two stocks.

How does Medtronic compare to Johnson & Johnson?

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

Johnson & Johnson has a beta of 0.24, indicating that its stock price is 76% less volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, indicating that its stock price is 44% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Johnson & Johnson$94.19B6.55$26.80B$8.6329.65
Medtronic$36.36B3.02$4.80B$3.7322.99

Johnson & Johnson pays an annual dividend of $5.36 per share and has a dividend yield of 2.1%. Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.4%. Johnson & Johnson pays out 62.1% of its earnings in the form of a dividend. Medtronic pays out 77.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Johnson & Johnson has increased its dividend for 64 consecutive years and Medtronic has increased its dividend for 49 consecutive years.

69.6% of Johnson & Johnson shares are held by institutional investors. Comparatively, 82.1% of Medtronic shares are held by institutional investors. 0.2% of Johnson & Johnson shares are held by company insiders. Comparatively, 0.3% of Medtronic shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Johnson & Johnson had 94 more articles in the media than Medtronic. MarketBeat recorded 122 mentions for Johnson & Johnson and 28 mentions for Medtronic. Medtronic's average media sentiment score of 1.07 beat Johnson & Johnson's score of 0.87 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Johnson & Johnson
74 Very Positive mention(s)
16 Positive mention(s)
18 Neutral mention(s)
8 Negative mention(s)
3 Very Negative mention(s)
Positive
Medtronic
22 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Johnson & Johnson currently has a consensus price target of $266.39, indicating a potential upside of 4.12%. Medtronic has a consensus price target of $98.83, indicating a potential upside of 15.27%. Given Medtronic's higher probable upside, analysts clearly believe Medtronic is more favorable than Johnson & Johnson.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Johnson & Johnson
0 Sell rating(s)
6 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.80
Medtronic
0 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

Johnson & Johnson has a net margin of 21.48% compared to Medtronic's net margin of 13.20%. Johnson & Johnson's return on equity of 32.42% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Johnson & Johnson21.48% 32.42% 13.35%
Medtronic 13.20%14.51%7.76%

Summary

Johnson & Johnson beats Medtronic on 13 of the 19 factors compared between the two stocks.

Get Medtronic News Delivered to You Automatically

Sign up to receive the latest news and ratings for MDT and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

MDT vs. The Competition

MetricMedtronicMED PRODUCTS IndustryMedical SectorNYSE Exchange
Market Cap$112.06B$9.14B$7.04B$23.55B
Dividend Yield3.29%2.53%2.65%4.19%
P/E Ratio22.9919.3427.6730.73
Price / Sales3.026.95488.5381.88
Price / Cash11.1518.7051.7431.18
Price / Book2.203.3810.054.66
Net Income$4.80B$230.22M$3.60B$1.07B
7 Day Performance3.15%4.00%0.65%0.55%
1 Month Performance9.57%0.09%-3.30%1.58%
1 Year Performance-4.98%1.97%24.46%17.66%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.8298 of 5 stars
$85.74
-2.1%
$98.83
+15.3%
-6.5%$112.06B$36.36B22.9995,000
DXCM
DexCom
3.9894 of 5 stars
$75.69
-1.3%
$85.36
+12.8%
-16.3%$29.21B$4.66B32.3511,000
ISRG
Intuitive Surgical
4.6631 of 5 stars
$353.17
+2.2%
$523.46
+48.2%
-29.5%$125.08B$10.06B40.4517,021
ABT
Abbott Laboratories
4.4287 of 5 stars
$101.72
+1.0%
$118.61
+16.6%
-17.7%$177.18B$44.33B32.92115,000
BSX
Boston Scientific
4.8703 of 5 stars
$43.86
-0.4%
$79.84
+82.0%
-57.0%$65.20B$20.07B18.3559,000

Related Companies and Tools


This page (NYSE:MDT) was last updated on 7/31/2026 by MarketBeat.com Staff.
From Our Partners