MEDTRONIC PLC (MDT) Forecast, Price Target & Analyst Ratings

NYSE:MDT • IE00BTN1Y115

Current stock price

83.245 USD
-0.07 (-0.09%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MEDTRONIC PLC (MDT).

Forecast Snapshot

Consensus Price Target

Price Target
$111.21
+ 33.59% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 3, 2026
Period
Q4 / 2026
EPS Estimate
$1.61
Revenue Estimate
9.744B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.22%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$111.21
Upside
+ 33.59%
From current price of $83.25 to mean target of $111.21, Based on 37 analyst forecasts
Low
$91.91
Median
$112.20
High
$131.25

Price Target Revisions

1 Month
-1.80%
3 Months
-0.45%

Price Target Summary

37 Wall Street analysts provided a forecast for the next 12 months for MDT. The average price target is 111.21 USD. This implies a price increase of 33.59% is expected in the next year compared to the current price of 83.245.
The average price target has been revised downward by 0.45% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MDT Current Analyst RatingMDT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

MDT Historical Analyst RatingsMDT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
76.22%
MDT was analyzed by 37 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about MDT.
In the previous month the buy percentage consensus was at a similar level.
MDT was analyzed by 37 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-22UBSMaintains Neutral -> Neutral
2026-04-15Truist SecuritiesMaintains Hold -> Hold
2026-04-13MizuhoMaintains Outperform -> Outperform
2026-04-09Evercore ISI GroupMaintains Outperform -> Outperform
2026-04-07CitigroupMaintains Buy -> Buy
2026-04-06Argus ResearchMaintains Buy -> Buy
2026-04-06Evercore ISI GroupMaintains Outperform -> Outperform
2026-04-01BarclaysMaintains Overweight -> Overweight
2026-04-01Piper SandlerMaintains Neutral -> Neutral
2026-03-26NeedhamReiterate Buy -> Buy
2026-03-10NeedhamReiterate Buy -> Buy
2026-02-18BarclaysMaintains Overweight -> Overweight
2026-02-18JP MorganMaintains Neutral -> Neutral
2026-02-18BairdMaintains Neutral -> Neutral
2026-02-17NeedhamMaintains Buy -> Buy
2026-02-13BarclaysReiterate Overweight -> Overweight
2026-02-09NeedhamUpgrade Hold -> Buy
2026-01-09BernsteinMaintains Outperform -> Outperform
2026-01-08BarclaysMaintains Overweight -> Overweight
2026-01-06William BlairUpgrade Market Perform -> Outperform
2025-12-18Truist SecuritiesMaintains Hold -> Hold
2025-11-20BarclaysMaintains Overweight -> Overweight
2025-11-20Truist SecuritiesMaintains Hold -> Hold
2025-11-19UBSMaintains Neutral -> Neutral
2025-11-19RBC CapitalMaintains Outperform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 3, 2026
Period
Q4 / 2026
EPS Estimate
$1.61
Revenue Estimate
9.744B
Revenue Q2Q
9.15%
EPS Q2Q
-0.74%
Number of Analysts
27

Next Earnings Revisions

Revenue (1 Month)
-0.03%
Revenue (3 Months)
-0.03%
EPS (1 Month)
-3.95%
EPS (3 Months)
-5.74%

Next Earnings Summary

MDT is expected to report earnings on 6/3/2026. The consensus EPS estimate for the next earnings is 1.61 USD and the consensus revenue estimate is 9.74B USD.
The next earnings revenue estimate has been revised downward by 0.03% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
MDT revenue by date.MDT revenue by date.
31.227B
-1.45%		32.364B
3.64%		33.537B
3.62%		36.525B
8.91%		38.913B
6.54%		40.801B
4.85%		41.536B
1.80%		43.769B
5.38%
EBITDA
YoY % growth
MDT ebitda by date.MDT ebitda by date.
9.043B
-5.93%		8.768B
-3.04%		9.436B
7.62%		10.344B
9.62%		11.181B
8.09%		12.025B
7.55%		12.403B
3.14%		13.227B
6.64%
EBIT
YoY % growth
MDT ebit by date.MDT ebit by date.
6.346B
-8.11%		6.121B
-3.55%		6.575B
7.42%		9.162B
39.35%		9.85B
7.51%		10.551B
7.12%		11.068B
4.90%		11.886B
7.39%
Operating Margin
MDT operating margin by date.MDT operating margin by date.
20.32%18.91%19.61%25.08%25.31%25.86%26.65%27.16%
EPS
YoY % growth
MDT eps by date.MDT eps by date.
5.30
-5.69%		5.21
-1.70%		5.50
5.57%		5.66
2.83%		6.13
8.42%		6.59
7.55%		7.13
8.12%		7.70
8.04%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.61
-0.74%		1.40
10.92%		1.44
6.05%		1.48
8.89%		1.80
11.74%		1.49
6.96%		1.53
5.83%		1.59
7.30%		1.97
9.89%
Revenue
Q2Q % growth		9.744B
9.15%		9.463B
10.82%		9.563B
6.72%		9.609B
6.57%		10.25B
5.19%		9.903B
4.65%		10.075B
5.35%		10.17B
5.84%		10.896B
6.30%
EBITDA
Q2Q % growth		3.014B
-35.31%		2.539B
11.07%		2.647B
-17.07%		2.681B
-31.95%		3.198B
6.10%		2.749B
8.27%		2.797B
5.67%		2.945B
9.85%		3.384B
5.82%
EBIT
Q2Q % growth		2.664B
48.16%		2.261B
47.01%		2.343B
37.90%		2.39B
40.75%		2.886B
8.33%		2.45B
8.36%		2.479B
5.80%		2.616B
9.46%		3.155B
9.32%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MDT Yearly Revenue VS EstimatesMDT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
MDT Yearly EPS VS EstimatesMDT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
6.24%
EPS Next 5 Year
6.97%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.44%
Revenue Next 5 Year
5.28%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
11.24%
EBIT Next 5 Year
8.65%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MEDTRONIC PLC / MDT Forecast FAQ

What is the price target for MDT stock?

37 analysts have analysed MDT and the average price target is 111.21 USD. This implies a price increase of 33.59% is expected in the next year compared to the current price of 83.245.

What is the next earnings date for MDT stock?

MEDTRONIC PLC (MDT) will report earnings on 2026-06-03, after the market close.

Can you provide the consensus estimates for MEDTRONIC PLC next earnings?

The consensus EPS estimate for the next earnings of MEDTRONIC PLC (MDT) is 1.61 USD and the consensus revenue estimate is 9.74B USD.

How many analysts have analysed MEDTRONIC PLC (MDT)?

The number of analysts covering MEDTRONIC PLC (MDT) is 37.