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Medtronic (MDT) Stock Forecast & Price Target

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$87.82 +0.37 (+0.42%)
As of 09:35 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Medtronic - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
8
Buy
8

Based on 16 Wall Street analysts who have issued ratings for Medtronic in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 8 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for MDT.

Consensus Price Target

$97.00
10.46% Upside
According to the 16 analysts' twelve-month price targets for Medtronic, the average price target is $97.00. The highest price target for MDT is $109.00, while the lowest price target for MDT is $87.00. The average price target represents a forecasted upside of 10.46% from the current price of $87.82.
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MDT Analyst Ratings Over Time

TypeCurrent Forecast
6/10/24 to 6/10/25
1 Month Ago
5/11/24 to 5/11/25
3 Months Ago
3/12/24 to 3/12/25
1 Year Ago
6/11/23 to 6/10/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$97.00$96.14$96.07$93.00
Forecasted Upside10.46% Upside15.18% Upside4.91% Upside11.85% Upside
Consensus Rating
Moderate Buy
Hold
Hold
Hold

MDT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MDT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Medtronic Stock vs. The Competition

TypeMedtronicMedical CompaniesS&P 500
Consensus Rating Score
2.56
2.81
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.90% Upside5,918.79% Upside13.46% Upside
News Sentiment Rating
Positive News

See Recent MDT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/6/2025Needham & Company LLC
2 of 5 stars
Mike Matson
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Reiterated RatingHold ➝ Hold
5/22/2025Mizuho
3 of 5 stars
Anthony Petrone
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Lower TargetOutperform ➝ Outperform$100.00 ➝ $98.00+19.99%
5/22/2025Royal Bank of Canada
3 of 5 stars
Shagun Singh
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Lower TargetOutperform ➝ Outperform$105.00 ➝ $101.00+24.10%
5/22/2025Robert W. Baird
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David Rescott
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Lower TargetNeutral ➝ Neutral$94.00 ➝ $92.00+12.71%
4/11/2025Truist Financial
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Richard Newitter
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Lower TargetHold ➝ Hold$93.00 ➝ $90.00+10.25%
3/4/2025Citigroup
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Joanne Wuensch
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UpgradeNeutral ➝ Buy$92.00 ➝ $107.00+13.59%
2/19/2025UBS Group
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Danielle Antalffy
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Boost TargetNeutral ➝ Neutral$85.00 ➝ $95.00+10.40%
11/26/2024Barclays
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 Boost TargetOverweight ➝ Overweight$105.00 ➝ $109.00+27.11%
11/20/2024Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$96.00 ➝ $97.00+15.68%
11/20/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$106.00 ➝ $98.00+13.95%
11/15/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$99.00 ➝ $96.00+9.84%
10/1/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$100.00 ➝ $104.00+16.16%
8/23/2024Daiwa America
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R. Department
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UpgradeStrong-Buy
8/21/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$85.00 ➝ $90.00+4.41%
8/21/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$85.00 ➝ $87.00+1.90%
8/21/2024Oppenheimer
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 Boost TargetMarket Perform ➝ Market Perform$92.00 ➝ $94.00+10.10%
5/30/2024The Goldman Sachs Group
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 Initiated CoverageSell$83.00+1.84%
11/22/2023Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$104.00 ➝ $98.00+24.68%
6/30/202322nd Century Group
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 Reiterated RatingInitiates
6/30/2023CL King
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 Initiated CoverageBuy$106.00+22.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:24 AM ET.


Should I Buy Medtronic Stock? MDT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 6, 2025. Please send any questions or comments about these Medtronic pros and cons to contact@marketbeat.com.

Medtronic
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Medtronic plc:

  • Medtronic plc recently reported strong quarterly earnings, with earnings per share exceeding analysts' expectations, indicating robust financial performance.
  • The company has increased its quarterly dividend to $0.71 per share, reflecting a commitment to returning value to shareholders and suggesting financial stability.
  • Analysts have a consensus rating of "Moderate Buy" for Medtronic plc, with an average target price of around $97.00, indicating positive market sentiment.
  • The stock has shown resilience with a current price around $84.00, which is within a reasonable range compared to its fifty-two week high of $96.25, suggesting potential for growth.
  • Medtronic plc's revenue has increased by 3.9% compared to the same quarter last year, showcasing its ability to grow in a competitive market.

Medtronic
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Medtronic plc for these reasons:

  • The company's dividend payout ratio is currently at 78.45%, which may indicate that a significant portion of earnings is being distributed to shareholders, potentially limiting funds for reinvestment in growth.
  • Recent analyst downgrades, including a shift from "buy" to "hold" ratings by some firms, may signal concerns about future performance and market conditions.
  • Medtronic plc's stock has experienced fluctuations, with a fifty-day moving average price of $84.00, which could suggest volatility and uncertainty in the short term.
  • Some analysts have reduced their price targets for the stock, indicating a more cautious outlook on its future performance.
  • The competitive landscape in the medical technology sector is intense, which may pose challenges for Medtronic plc in maintaining its market position and profitability.

MDT Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Medtronic is $97.00, with a high forecast of $109.00 and a low forecast of $87.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Medtronic in the last twelve months. There are currently 8 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MDT shares.

According to analysts, Medtronic's stock has a predicted upside of 10.46% based on their 12-month stock forecasts.

Medtronic has been rated by research analysts at Mizuho, Needham & Company LLC, Robert W. Baird, Royal Bank of Canada, and Truist Financial in the past 90 days.

Analysts like Medtronic less than other "medical" companies. The consensus rating score for Medtronic is 2.56 while the average consensus rating score for "medical" companies is 2.81. Learn more on how MDT compares to other companies.


This page (NYSE:MDT) was last updated on 6/10/2025 by MarketBeat.com Staff
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