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Medtronic MDT

$88.96
−$0.34 (-0.38%)
Market open · Sep 24, 1:10 pm ET
After hours $89.32 +0.02%
Open$89.62
Prev close$89.30
Day range$88.88 – $90.28
Volume4.11M
Market cap$113.79B
P/E (TTM)21.9
Dividend yield3.20%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

MDT at a glance

Medtronic (MDT) is trading at $88.96, down 0.38% on the day. Its market value of $113.79B makes it the 136th largest of the 300 companies we follow.

Over the past 52 weeks it has traded between $72.65 and $103.76, so it sits 14.3% below the top of that range. Holders are behind 4.1% over twelve months, but up 12.0% across the last three months.

Price is below the 50-day average ($89.23) but above the 200-day ($88.20); RSI is 48, and the last 30 sessions moved at roughly 20% annualized volatility.

Revenue for the quarter ended Jul 2026 was $9.76B, up 13.7% from a year earlier, with $1.48B of net profit (a 13.9% margin).

Valuation works out to 21.9 times trailing earnings, 20% below its five-year average of 27.2. The median for its industry group is 23.8.

19 analysts follow the stock and the average call is "buy". The mean target, $104.13, sits 17.1% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Medtronic: the business

Medtronic makes pacemakers, insulin pumps, spinal implants and surgical tools, and is spinning off its diabetes unit.

What tends to move it. Growth in its cardiac ablation devices and the diabetes separation are the things to watch.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.4%
1 week
-3.9%
1 month
-4.2%
3 months
+12.0%
6 months
+4.5%
Year to date
-5.8%
1 year
-4.1%
Day range
$88.88$90.28
52-week range
$72.65$103.76

Technical signals

Full technicals →
Trend readLeaning bearish

2 bullish · 4 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.3%Bearish
Price vs 50-day average-0.3%Bearish
Price vs 200-day average+0.9%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)47.8Bearish
MACD (12,26,9)0.55Bearish
Bollinger band position-18%Neutral

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$88.94 / $88.96
Average price today$89.46
Volume4.11MAvg (90d) 9.06M
Turnover$367.40M
Turnover rate0.32%of shares outstanding
Volume ratio0.62vs. recent average pace
Day amplitude1.57%
Market cap$113.79B
Float market cap$113.57B
Shares outstanding1.28B
EPS (TTM)$3.73
P/E (TTM)21.91
P/B2.27
Book value / share$39.27
Earnings yield0.10%
Dividend (TTM)$2.85 / shareYield 3.20%
Net profit (TTM)$4.77B
Net assets$50.23B
30-day volatility20.4%annualized
Avg daily range (ATR)2.25%of price, 14 days
Max drawdown (1y)-28.9%-13.5% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How MDT ranks on BeStock

Market value#136 of 300
P/E (cheapest = 1)#128 of 283
Dividend yield#54 of 244
Closeness to 52-week high#163 of 300
Dollar volume today#97 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q1, ended Jul 2026

Revenue$9.76B+13.7% YoY
Operating profit$1.84B+21.1% YoY
Net profit$1.48B+41.3% YoY
Diluted EPS$1.14+40.7% YoY
Free cash flow$1.29B+120.9% YoY
Operating cash flow$1.79B

Revenue, last 8 quarters

$8.4BOct '24$8.3BJan '25$8.9BApr '25$8.6BJul '25$9.0BOct '25$9.0BJan '26$9.8BApr '26$9.8BJul '26

Net profit, last 8 quarters

$1.3BOct '24$1.3BJan '25$1.1BApr '25$1.0BJul '25$1.4BOct '25$1.2BJan '26$1.3BApr '26$1.5BJul '26

Profitability & balance sheet

Gross margin65.0%
Operating margin19.0%
Net margin13.9%
Return on equity10.7%
Return on assets5.7%
Return on invested capital7.5%
Current ratio2.07
Liabilities / assets45.5%
Cash & investments$8.82B
Total debt$28.15B
Net cash (debt)-$19.33B
Free cash flow / sales16.3%

Where the revenue comes from

Quarter 2027/Q1

By business line

  • Cardiovascular$3.93B 40.3%
  • Neuroscience$2.68B 27.4%
  • Medical Surgical$2.28B 23.4%
  • Other Operating Segment$872.00M 8.9%
Average move on report day±3.6%last 16 reports
Closed higher7 of 1644% of the time
Best reaction+5.7%
Worst reaction-7.3%

Stock move on the day after each report

-5.1%2024/Q4+0.7%2025/Q1-3.0%2025/Q2-7.3%2025/Q3-2.3%2025/Q4-3.1%2026/Q3+5.7%2026/Q4+1.5%2027/Q1

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings22.8x
CheapRich

Near the bottom of its 5-year range · 10th percentile, 5-year average 27.2x

#1756 of 2974 stocks by PE (1 = cheapest)

Price / book2.4x
CheapRich

Above its usual level · 63rd percentile, 5-year average 2.3x

#3193 of 5300 stocks by PB (1 = cheapest)

Price / sales3.2x
CheapRich

Near the bottom of its 5-year range · 13th percentile, 5-year average 3.6x

#3135 of 5139 stocks by PS (1 = cheapest)

P/E over five years

19x28x37x46xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$103.88
Price vs. fair value-14.4%Trading below the estimate
Star rating★★★★★
Economic moatNarrow
UncertaintyLow

Analyst view

All ratings →
ConsensusBuy
Analysts19
Average target$104.13+17.1% vs. price
  • Buy 63%
  • Hold 37%
Low $85.00Now $88.96Avg $104.13High $118.00

Latest rating actions

  • 15 Sep 2026TD CowenBUY · PT $110.00
  • 14 Sep 2026BofA SecuritiesBUY · PT $110.00
  • 10 Sep 2026William BlairBUY
  • 10 Sep 2026CitiBUY · PT $110.00
  • 9 Sep 2026Wells FargoBUY · PT $104.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership87.4%-0.04 pts vs. prior quarter
Institutions holding2,546-13 vs. prior quarter
Insider trades (recent)20 buys / 15 sellsNet buying
Short interest0.95% of floatDays to cover 1.7 · as of 31 Aug 2026
Short-sale volume share17.1%5-day average of daily volume

Short-sale volume as % of daily volume

9%13%17%22%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$109.60M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)3.20%
Upcoming dividend$0.72Ex-date 25 Sep 2026
Next-to-last$0.72
Payments on file40

Dividends paid per share, by year

1.9620182.1220192.2820202.4720212.6720222.7520232.7920242.832025

Across the full calendar years shown, the annual payout grew by roughly 5.4% a year.

Latest headlines

More news →
  • BofA Securities Maintains Medtronic(MDT.US) With Buy Rating, Maintains Target Price $110Market news · 8 Sep 2026
  • UBS Maintains Medtronic(MDT.US) With Buy Rating, Raises Target Price to $110Market news · 3 Sep 2026
  • Medtronic | 4: Statement of changes in beneficial ownership of securities-Officer Blomquist Denise L.SEC · 17 Sep 2026
  • TD Cowen Maintains Medtronic(MDT.US) With Buy Rating, Maintains Target Price $110Market news · 15 Sep 2026
  • Medtronic Launches Exchange Offer to Complete Separation of MiniMed Group, Inc.PR Newswire · 14 Sep 2026
  • BofA Securities Maintains Medtronic(MDT.US) With Buy Rating, Maintains Target Price $110Market news · 14 Sep 2026

MDT stock: common questions

Where is MDT trading right now?

$88.96 is the latest print for MDT, a move of -0.38% against yesterday's close of $89.30. Today's low and high so far: $88.88 and $90.28.

How big is Medtronic?

Equity value comes to $113.79B at the current price. By that measure it is number 136 of the 300 names in our coverage.

Is MDT expensive on earnings?

Buyers pay 21.9 times the last twelve months of profit (EPS $3.73). Averaged over five years the multiple has been 27.2, and today's level ranks in the 10th percentile of its own history.

Where does MDT sit in its 52-week range?

The year's floor is $72.65 and the ceiling $103.76. Shares are 14.3% away from that ceiling.

Does MDT send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 3.20% yield; the latest ex-dividend date was June 26, 2026.

What is the analyst view on Medtronic?

Of 19 analysts, 63% say buy, 37% hold and 0% sell. Price targets average $104.13, with the most cautious at $85.00 and the most optimistic at $118.00.

What does Medtronic do?

Medtronic makes pacemakers, insulin pumps, spinal implants and surgical tools, and is spinning off its diabetes unit.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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