Medtronic (MDT) closed the most recent trading day at $87.17, moving +1.34% from the previous trading session.
Initiate Medtronic with Strong Buy, $161 PT, citing a structural margin inflection from Diabetes spin-off and robust innovation pipeline (120+ approvals). Street underestimates FY27 margin/EPS upside from Diabetes separation and operating leverage in Cardiac & Structural Heart—key drivers for re-rating. Valuation at 26x FY27E EPS is conservative versus peers; scenario analysis shows risk skewed to the upside, as margin catalysts execute.
I reiterate my buy rating on Medtronic, driven by solid fundamentals and an attractive valuation, despite less upside versus prior estimates. Medtronic continues to deliver steady revenue growth, robust free cash flow, and a 48-year dividend growth streak, even as sector sentiment weakens. Key risks include competitive pressures, margin threats in Diabetes and CAS, and macro headwinds like tariffs, requiring prudent management execution.
![]() 2M6 9 months ago | Other | €0.7 Per Share |
![]() 2M6 28 Jun 2024 | Other | €0.7 Per Share |
![]() 2M6 21 Mar 2024 | Other | €0.69 Per Share |
![]() 2M6 19 Dec 2023 | Other | €0.69 Per Share |
![]() 2M6 21 Sep 2023 | Other | €0.69 Per Share |
19 Aug 2025 (In 1 month) Date | | 1.23 Cons. EPS | - EPS |
22 May 2025 Date | | - Cons. EPS | - EPS |
21 May 2025 Date | | - Cons. EPS | - EPS |
18 Feb 2025 Date | | - Cons. EPS | - EPS |
19 Nov 2024 Date | | - Cons. EPS | - EPS |
![]() 2M6 9 months ago | Other | €0.7 Per Share |
![]() 2M6 28 Jun 2024 | Other | €0.7 Per Share |
![]() 2M6 21 Mar 2024 | Other | €0.69 Per Share |
![]() 2M6 19 Dec 2023 | Other | €0.69 Per Share |
![]() 2M6 21 Sep 2023 | Other | €0.69 Per Share |
19 Aug 2025 (In 1 month) Date | | 1.23 Cons. EPS | - EPS |
22 May 2025 Date | | - Cons. EPS | - EPS |
21 May 2025 Date | | - Cons. EPS | - EPS |
18 Feb 2025 Date | | - Cons. EPS | - EPS |
19 Nov 2024 Date | | - Cons. EPS | - EPS |
Medical - Devices Industry | Healthcare Sector | Geoffrey Straub Martha CEO | XFRA Exchange | IE00BTN1Y115 ISIN |
IE Country | 95,000 Employees | 27 Jun 2025 Last Dividend | 27 Sep 1999 Last Split | 13 Jan 1978 IPO Date |
Medtronic plc is a global leader in medical technology, specializing in the development, manufacture, and sale of device-based medical therapies. Serving healthcare systems, physicians, clinicians, and patients around the world, the company is dedicated to alleviating pain, restoring health, and extending life for millions of people. Founded in 1949 and headquartered in Dublin, Ireland, Medtronic operates across various medical domains through its diverse portfolio which includes cardiovascular, medical surgical, neuroscience, and diabetes treatments and technologies.
Medtronic’s comprehensive range of products and services is categorized into four primary segments: