Stocks · 2 months ago
Medtronic Upgrade Sends Shares Up 5.1% After Q2 Beat
Is the Medtronic Upgrade the start of a bigger rerating, or just a brief earnings-fueled spike?
Medtronic plc MDT
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$82.52
+3.01
(-0.92%)
Price Chart
About Medtronic plc
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves, and percutaneous coronary intervention products, percutaneous angioplasty balloons, and other products. The Neuroscience Portfolio segment offers medical…
- ISIN
- IE00BTN1Y115
Analyst Consensus
Consensus Rating
BUY
Analysts
26
covering this stock
Mean Target
$98.00
+18.8% vs current
Current Price
$82.52
-0.92% today
12-Month Price Target Range
LOW TARGET
$78.00
HIGH TARGET
$121.00
Range based on 26 Wall Street analysts covering MDT.
Recent Analyst Actions — 8 unique firms, latest first
- Jul 10, 2026 Maintain TD Cowen Buy ($119 → $100)
- Jul 6, 2026 Maintain Evercore ISI Group Outperform ($106 → $105)
- Jun 17, 2026 Reiterate Needham Buy PT $101
- Jun 5, 2026 Maintain Goldman Sachs Neutral ($84 → $83)
- Jun 5, 2026 Maintain Bernstein Outperform ($112 → $97)
- Jun 4, 2026 Maintain UBS Neutral ($90 → $85)
- Jun 4, 2026 Reiterate RBC Capital Outperform PT $118
- Jun 4, 2026 Maintain Wells Fargo Overweight ($114 → $102)
Recent Quarters
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q 2026 Apr 2026 | $9.81B | — | $1.24B | $0.96 | — | 65.4% | 20.5% |
| Q 2026 Jan 2026 | $9.02B | — | $1.14B | $0.89 | — | 63.8% | 17.8% |
| Q 2025 Oct 2025 | $8.96B | — | $1.37B | $1.07 | — | 65.8% | 18.9% |
| Q 2025 Jul 2025 | $8.58B | — | $1.04B | $0.81 | — | 65.0% | 17.7% |
| Q 2025 Apr 2025 | $8.93B | — | $1.06B | $0.82 | — | 64.8% | 20.1% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Latest MDT Coverage
Activity