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Medtronic (MDT) Competitors

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$83.20 -0.36 (-0.44%)
Closing price 07/17/2026 03:59 PM Eastern
Extended Trading
$83.29 +0.09 (+0.11%)
As of 07/17/2026 07:59 PM Eastern
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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?

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

Medtronic currently has a consensus target price of $98.21, suggesting a potential upside of 18.04%. DexCom has a consensus target price of $85.36, suggesting a potential upside of 11.36%. Given Medtronic's higher probable upside, research analysts plainly believe Medtronic is more favorable than DexCom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
10 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.63
DexCom
1 Sell rating(s)
3 Hold rating(s)
21 Buy rating(s)
2 Strong Buy rating(s)
2.89

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

In the previous week, Medtronic had 9 more articles in the media than DexCom. MarketBeat recorded 29 mentions for Medtronic and 20 mentions for DexCom. Medtronic's average media sentiment score of 1.06 beat DexCom's score of 0.94 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
20 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
DexCom
10 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 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$36.36B2.93$4.80B$3.7322.30
DexCom$4.66B6.34$836.30M$2.3432.76

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% 14.51% 7.76%
DexCom 19.31%33.33%13.19%

Summary

DexCom beats Medtronic on 11 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 business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.

In the previous week, Intuitive Surgical had 76 more articles in the media than Medtronic. MarketBeat recorded 105 mentions for Intuitive Surgical and 29 mentions for Medtronic. Medtronic's average media sentiment score of 1.06 beat Intuitive Surgical's score of 0.33 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
34 Very Positive mention(s)
14 Positive mention(s)
17 Neutral mention(s)
25 Negative mention(s)
2 Very Negative mention(s)
Neutral
Medtronic
20 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

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 company will outperform the market over the long term.

Intuitive Surgical currently has a consensus price target of $523.46, suggesting a potential upside of 51.54%. Medtronic has a consensus price target of $98.21, suggesting a potential upside of 18.04%. Given Intuitive Surgical's stronger consensus rating and higher possible upside, equities 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)
20 Buy rating(s)
1 Strong Buy rating(s)
2.72
Medtronic
0 Sell rating(s)
10 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.63

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$10.06B12.15$2.86B$8.2541.87
Medtronic$36.36B2.93$4.80B$3.7322.30

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 17.09% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Intuitive Surgical28.45% 17.09% 15.00%
Medtronic 13.20%14.51%7.76%

Intuitive Surgical has a beta of 1.46, meaning that its share price is 46% more 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.

Summary

Intuitive Surgical beats Medtronic on 14 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 medical companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, institutional ownership, earnings, analyst recommendations, valuation and dividends.

Abbott Laboratories pays an annual dividend of $2.52 per share and has a dividend yield of 2.5%. Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.5%. Abbott Laboratories pays out 70.6% 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. Abbott Laboratories has raised its dividend for 54 consecutive years and Medtronic has raised its dividend for 49 consecutive years.

In the previous week, Abbott Laboratories had 80 more articles in the media than Medtronic. MarketBeat recorded 109 mentions for Abbott Laboratories and 29 mentions for Medtronic. Medtronic's average media sentiment score of 1.06 beat Abbott Laboratories' score of 0.89 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
58 Very Positive mention(s)
14 Positive mention(s)
20 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
20 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

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$44.33B3.96$6.52B$3.5728.21
Medtronic$36.36B2.93$4.80B$3.7322.30

Medtronic has a net margin of 13.20% compared to Abbott Laboratories' net margin of 11.65%. Abbott Laboratories' return on equity of 17.65% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Abbott Laboratories11.65% 17.65% 9.83%
Medtronic 13.20%14.51%7.76%

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, hedge funds and endowments believe a stock will outperform the market over the long term.

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 $118.61, indicating a potential upside of 17.77%. Medtronic has a consensus price target of $98.21, indicating a potential upside of 18.04%. 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
0 Sell rating(s)
4 Hold rating(s)
19 Buy rating(s)
3 Strong Buy rating(s)
2.96
Medtronic
0 Sell rating(s)
10 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.63

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

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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Boston Scientific presently has a consensus target price of $79.84, suggesting a potential upside of 81.65%. Medtronic has a consensus target price of $98.21, suggesting a potential upside of 18.04%. Given Boston Scientific's stronger consensus rating and higher possible upside, research analysts plainly 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)
4 Hold rating(s)
23 Buy rating(s)
1 Strong Buy rating(s)
2.77
Medtronic
0 Sell rating(s)
10 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.63

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$20.61B3.17$2.90B$2.3918.39
Medtronic$36.36B2.93$4.80B$3.7322.30

In the previous week, Boston Scientific had 7 more articles in the media than Medtronic. MarketBeat recorded 36 mentions for Boston Scientific and 29 mentions for Medtronic. Medtronic's average media sentiment score of 1.06 beat Boston Scientific's score of 0.79 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
20 Very Positive mention(s)
7 Positive mention(s)
2 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive
Medtronic
20 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

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%14.51%7.76%

Boston Scientific has a beta of 0.58, indicating that its share price is 42% 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.

Summary

Boston Scientific beats Medtronic on 12 of the 17 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 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.

In the previous week, Johnson & Johnson had 115 more articles in the media than Medtronic. MarketBeat recorded 144 mentions for Johnson & Johnson and 29 mentions for Medtronic. Medtronic's average media sentiment score of 1.06 beat Johnson & Johnson's score of 0.97 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
86 Very Positive mention(s)
16 Positive mention(s)
26 Neutral mention(s)
4 Negative mention(s)
5 Very Negative mention(s)
Positive
Medtronic
20 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

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 32.86% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Johnson & Johnson21.48% 32.86% 13.41%
Medtronic 13.20%14.51%7.76%

Johnson & Johnson has a beta of 0.24, indicating that its share price is 76% 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.

Johnson & Johnson currently has a consensus target price of $265.30, suggesting a potential upside of 4.89%. Medtronic has a consensus target price of $98.21, suggesting a potential upside of 18.04%. Given Medtronic's higher possible upside, analysts plainly 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)
19 Buy rating(s)
1 Strong Buy rating(s)
2.81
Medtronic
0 Sell rating(s)
10 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.63

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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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 3.5%. 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.

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$94.19B6.46$26.80B$8.6329.31
Medtronic$36.36B2.93$4.80B$3.7322.30

Summary

Johnson & Johnson beats Medtronic on 14 of the 20 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$106.96B$8.81B$6.87B$23.45B
Dividend Yield3.45%2.46%2.67%4.15%
P/E Ratio22.3016.0627.2630.95
Price / Sales2.936.44528.1019.24
Price / Cash10.6518.3551.4632.65
Price / Book2.133.2810.694.76
Net Income$4.80B$228.19M$3.59B$1.07B
7 Day Performance-0.69%-2.43%-2.20%-0.01%
1 Month Performance4.83%-1.02%1.63%1.08%
1 Year Performance-7.18%0.14%25.59%16.61%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.7315 of 5 stars
$83.20
-0.4%
$98.21
+18.0%
-7.2%$106.96B$36.36B22.3095,000
DXCM
DexCom
3.964 of 5 stars
$76.37
+1.9%
$84.88
+11.1%
-8.9%$29.47B$4.82B32.6411,000
ISRG
Intuitive Surgical
4.6822 of 5 stars
$407.12
+0.1%
$562.12
+38.1%
-33.1%$144.19B$10.58B49.3517,021
ABT
Abbott Laboratories
4.9041 of 5 stars
$92.01
-2.0%
$118.42
+28.7%
-16.6%$160.27B$45.13B25.77115,000
BSX
Boston Scientific
4.9672 of 5 stars
$44.65
-0.3%
$80.72
+80.8%
-58.0%$66.36B$20.07B18.6859,000

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This page (NYSE:MDT) was last updated on 7/18/2026 by MarketBeat.com Staff.
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