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Medtronic (MDT) Stock Forecast & Price Target

Medtronic logo
$94.13 +1.81 (+1.96%)
Closing price 03:59 PM Eastern
Extended Trading
$93.40 -0.73 (-0.78%)
As of 05:30 PM Eastern
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Medtronic - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
0
Hold
8
Buy
11

Based on 19 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 19 analysts, 8 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for MDT.

Consensus Price Target

$102.14
8.51% Upside
According to the 19 analysts' twelve-month price targets for Medtronic, the average price target is $102.14. The highest price target for MDT is $115.00, while the lowest price target for MDT is $95.00. The average price target represents a forecasted upside of 8.51% from the current price of $94.13.
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.
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MDT Analyst Ratings Over Time

TypeCurrent Forecast
9/11/24 to 9/11/25
1 Month Ago
8/12/24 to 8/12/25
3 Months Ago
6/13/24 to 6/13/25
1 Year Ago
9/12/23 to 9/11/24
Strong Buy
1 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
4 Buy rating(s)
Hold
8 Hold rating(s)
11 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$102.14$98.19$97.00$92.92
Forecasted Upside8.51% Upside6.62% Upside11.25% Upside2.85% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Medtronic Stock vs. The Competition

TypeMedtronicMedical CompaniesS&P 500
Consensus Rating Score
2.63
2.78
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside9.90% Upside17,070.71% Upside11.30% Upside
News Sentiment Rating
Positive News

See Recent MDT News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/26/2025Argus
4 of 5 stars
David Toung
3 of 5 stars
Boost TargetBuy$105.00 ➝ $115.00+24.94%
8/21/2025Citigroup
2 of 5 stars
Joanne Wuensch
Joanne Wuensch
4 of 5 stars
Boost TargetBuy$99.00 ➝ $101.00+9.69%
8/21/2025Truist Financial
3 of 5 stars
Boost TargetHold$92.00 ➝ $96.00+4.50%
8/20/2025UBS Group
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Boost TargetNeutral$94.00 ➝ $95.00+1.83%
8/20/2025Wells Fargo & Company
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Boost TargetOverweight$98.00 ➝ $100.00+7.19%
8/20/2025Sanford C. Bernstein
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Boost TargetOutperform$97.00 ➝ $98.00+8.99%
8/20/2025Robert W. Baird
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Boost TargetNeutral$94.00 ➝ $96.00+6.77%
8/14/2025Needham & Company LLC
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Reiterated RatingHold
7/16/2025Mizuho
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Boost TargetOutperform$98.00 ➝ $100.00+12.04%
7/15/2025Morgan Stanley
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Reiterated RatingOverweight$98.00 ➝ $107.00+20.16%
7/11/2025BTIG Research
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 Reiterated RatingNeutral
7/11/2025William Blair
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UpgradeHold
7/8/2025Evercore ISI
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Boost TargetOutperform$103.00 ➝ $106.00+20.83%
6/30/2025Wolfe Research
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UpgradeUnderperformPeer Perform
6/16/2025Leerink Partnrs
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UpgradeStrong-Buy
6/16/2025Leerink Partners
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Initiated CoverageOutperform$110.00+26.16%
5/22/2025Royal Bank Of Canada
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Lower TargetOutperform$105.00 ➝ $101.00+24.10%
11/26/2024Barclays
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 Boost TargetOverweight$105.00 ➝ $109.00+27.11%
11/15/2024JPMorgan Chase & Co.
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 Lower TargetNeutral$99.00 ➝ $96.00+9.84%
8/23/2024Daiwa America
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UpgradeStrong-Buy
8/21/2024Piper Sandler
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 Boost TargetNeutral$85.00 ➝ $90.00+4.41%
8/21/2024Stifel Nicolaus
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 Boost TargetHold$85.00 ➝ $87.00+1.90%
8/21/2024Oppenheimer
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 Boost TargetMarket Perform$92.00 ➝ $94.00+10.10%
5/30/2024The Goldman Sachs Group
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 Initiated CoverageSell$83.00+1.84%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:32 PM 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 Monday, September 8, 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:

  • The current stock price is around $91.58, which may present a buying opportunity for investors looking for value in the medical device sector.
  • Medtronic plc has received multiple "outperform" ratings from analysts, indicating strong confidence in the company's future performance.
  • The company offers a dividend yield of 3.1%, providing a steady income stream for investors, which is particularly attractive in a low-interest-rate environment.
  • Recent upgrades in price targets by various analysts suggest a positive outlook for the stock, with a consensus target price of approximately $102.14.
  • Insider buying activity, such as the recent purchase by a director, can signal confidence in the company's future prospects, which may encourage other investors to consider the stock.

Medtronic
Bear Case

red Wall Street bear icon

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

  • Corporate insiders own only 0.26% of the company's stock, which may indicate a lack of strong alignment between management and shareholder interests.
  • The company's dividend payout ratio is currently at 78.24%, suggesting that a significant portion of earnings is being distributed as dividends, which could limit funds available for reinvestment in growth opportunities.
  • Recent insider selling by an executive vice president, who sold a substantial number of shares, could raise concerns about the company's short-term outlook.
  • Despite positive ratings, the stock has seen fluctuations, and the market can be unpredictable, which may pose risks for investors.
  • With a mix of ratings, including "hold" from some analysts, there may be uncertainty about the stock's immediate performance trajectory.

MDT Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Medtronic is $102.14, with a high forecast of $115.00 and a low forecast of $95.00.

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medtronic in the last twelve months. There are currently 8 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MDT shares.

According to analysts, Medtronic's stock has a predicted upside of 8.51% based on their 12-month stock forecasts.

Over the previous 90 days, Medtronic's stock had 3 upgrades by analysts.

Analysts like Medtronic less than other "medical" companies. The consensus rating score for Medtronic is 2.63 while the average consensus rating score for "medical" companies is 2.78. Learn more on how MDT compares to other companies.


This page (NYSE:MDT) was last updated on 9/11/2025 by MarketBeat.com Staff
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