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Medtronic plc (MDT) Stock Forecast

Data as of May 2, 2026

Healthcare · Current price $80.42 (-0.69%)

Consensus Target
$111.45
Upside
+36.2%
Analysts
30
Rating
Buy(2.40)

Price Target Range

Low $100.00Consensus $111.45High $120.00
▲ Current $80.42

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy11
Hold6
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 15, 2026Richard NewitterTruist Financial$95.00+18.1%
Apr 9, 2026Vijay KumarEvercore ISI$106.00+31.8%
Mar 10, 2026Mike KratkyLeerink Partners$119.00+48.0%
Mar 10, 2026Michael MatsonNeedham$120.00+49.2%
Feb 18, 2026Matt MiksicBarclays$118.00+46.7%
Jan 30, 2026Larry BiegelsenWells Fargo$114.00+41.8%
Jan 8, 2026Matt MiksicBarclays$116.00+44.2%
Dec 18, 2025Richard NewitterTruist Financial$107.00+33.1%
Nov 19, 2025Lee HambrightBernstein$111.00+38.0%
Nov 19, 2025Mike KratkyLeerink Partners$120.00+49.2%
Nov 19, 2025Matthew TaylorJefferies$110.00+36.8%
Nov 19, 2025David RomanGoldman Sachs$111.00+38.0%
Oct 31, 2025Lee HambrightBernstein$98.00+21.9%
Aug 26, 2025David ToungArgus Research$115.00+43.0%
Jan 8, 2025Lee HambrightBernstein$93.00+15.6%
Oct 15, 2024David RescottRobert W. Baird$96.00+19.4%
Oct 10, 2024Shagun SinghRBC Capital$105.00+30.6%
Oct 1, 2024Vijay KumarEvercore ISI$104.00+29.3%
Oct 1, 2024Joanne WuenschCitigroup$92.00+14.4%
Aug 21, 2024David RomanGoldman Sachs$82.00+2.0%

MDT vs Sector & Market

MetricMDTHealthcare AvgLarge Cap Avg
Analyst Rating2.402.242.41
Analyst Count30818
Target Upside+36.2%+1150.2%+14.9%
P/E Ratio22.406.8531.19

Revenue Estimates

PeriodLowAvgHigh#
2026-07-23$9.02B$9.35B$9.65B12
2026-10-23$9.03B$9.43B$9.73B7
2027-01-23$9.04B$9.44B$9.73B11
2027-04-23$9.63B$10.06B$10.37B11
2027-04-30$37.59B$38.41B$39.09B21
2027-07-23$9.28B$9.69B$9.99B11
2027-10-23$9.54B$9.96B$10.27B11
2028-01-23$9.62B$10.04B$10.35B5
2028-04-23$10.26B$10.72B$11.05B5
2028-04-30$40.09B$40.17B$40.25B23
2029-04-30$40.80B$42.13B$42.84B14
2030-04-30$43.07B$44.48B$45.22B11

EPS Estimates

PeriodLowAvgHigh#
2026-07-23$1.32$1.39$1.4514
2026-10-23$1.35$1.43$1.4912
2027-01-23$1.39$1.47$1.5312
2027-04-23$1.68$1.78$1.856
2027-04-30$5.99$6.08$6.2416
2027-07-23$1.39$1.47$1.5310
2027-10-23$1.47$1.55$1.616
2028-01-23$1.50$1.59$1.657
2028-04-23$1.80$1.91$1.989
2028-04-30$5.84$6.51$7.149
2029-04-30$6.82$7.11$7.273
2030-04-30$7.42$7.74$7.913

Frequently Asked Questions

What is the analyst consensus for MDT?

The consensus among 30 analysts covering Medtronic plc (MDT) is Buy with an average price target of $111.45.

What is the highest price target for MDT?

The highest price target for MDT is $165.00, set by David Toung at Argus Research on 2021-08-27.

What is the lowest price target for MDT?

The lowest price target for MDT is $80.00, set by Pito Chickering at Deutsche Bank on 2022-11-23.

How many analysts cover MDT?

30 analysts have issued ratings for Medtronic plc in the past 12 months.

Is MDT a buy or sell right now?

Based on 30 analyst ratings, MDT has a consensus rating of Buy (2.40/5) with a +36.2% upside to the consensus target of $111.45.

What are the earnings estimates for MDT?

Analysts estimate MDT will report EPS of $1.39 for the period ending 2026-07-23, with revenue estimated at $9.35B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.