Medtronic Stock Forecast for 2023 - 2025 - 2030

Updated on 04/18/2024

Stock Rating
11
Price Target
$95.50
Consensus
Outperform
Upside
20.60%
Analysts
21
Stock Rating
11
Upside
20.60%
Analysts
21
Price Target
$95.50

Medtronic Stock Forecast and Price Target

The average price target of $95.50 for Medtronic's stock set by Twenty one distinguished analysts in recent weeks would represent a potential upside of approximately 20.6% from the last closing price in April, 2024 if reached by the end of the year. This potential increase is based on a high estimate of $112.00 and a low estimate of $75.00. If you're thinking of investing in MDT stock, it might be good to look at its rivals too.

$95.50

20.60% Upside

Outperform
Outperform

Medtronic Fair Value Forecast for 2023 - 2025 - 2030

In the last three years, Medtronic's Price has seen an increase, rising from $87.44 to $100.77. This represents a growth of 15.25%. Analysts predict that Medtronic's Fair Value will increase in the upcoming year, reaching $121.16. This would represent an increase of 20.23%. Over the next seven years, experts predict that Medtronic's Fair Value will grow at a rate of 48.46%.

2024 Fair Value Forecast
$121.16
2025 Fair Value Forecast
$132.02
2026 Fair Value Forecast
$140.59
2027 Fair Value Forecast
$157.35
2028 Fair Value Forecast
$147.64
2029 Fair Value Forecast
$153.73
2030 Fair Value Forecast
$149.61
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ABBV Stock Forecast AbbVie Outperform 9
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AZN Stock Forecast AstraZeneca PLC Outperform 17
£109.14 Buy/Sell £165.99 48.27%
ABT Stock Forecast Abbott Laboratories Outperform 9
$105.27 Buy/Sell $118.92 20.64%
GE Stock Forecast General Electric Outperform 8
$152.94 Buy/Sell $144.00 10.17%
AMGN Stock Forecast Amgen Outperform 4
$262.75 Buy/Sell $303.65 20.74%

Medtronic Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Medtronic's Revenue has seen an increase, rising from $28.91B to $31.23B. This represents a growth of 8.00%. Analysts predict that Medtronic's Revenue will increase in the upcoming year, reaching $35.12B. This would represent an increase of 12.45%. Over the next seven years, experts predict that Medtronic's Revenue will grow at a rate of 39.78%.

2024 Rev Forecast
$35.12B
2025 Rev Forecast
$37.29B
2026 Rev Forecast
$39.45B
2027 Rev Forecast
$42.06B
2028 Rev Forecast
$39.79B
2029 Rev Forecast
$41.77B
2030 Rev Forecast
$43.65B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BSX Stock Forecast Boston Scientific Outperform 11
$67.42 Buy/Sell $70.14 8.28%
BMY Stock Forecast Bristol-Myers Squibb Hold 2
$48.30 Buy/Sell $58.15 13.87%
CVS Stock Forecast CVS Health Outperform 12
$69.39 Buy/Sell $89.54 26.82%

Medtronic Dividend per Share Forecast for 2023 - 2025 - 2030

Medtronic's Dividend per Share has seen growth In the last three years, going from $2.16 to $2.72 – a gain of 25.93% In the next year, analysts believe that Dividend per Share will reach $2.88 – an increase of 5.88%. For the next seven years, the forecast is forDividend per Share to grow by 22.77%.

2024 DPS Forecast
$2.88
2025 DPS Forecast
$3.11
2026 DPS Forecast
$3.24
2027 DPS Forecast
$3.47
2028 DPS Forecast
$3.53
2029 DPS Forecast
$3.38
2030 DPS Forecast
$3.34
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GILD Stock Forecast Gilead Sciences Inc Outperform 11
$66.16 Buy/Sell $87.82 23.94%
GSK Stock Forecast GSK Outperform 12
£15.84 Buy/Sell £17.30 23.11%
BDX Stock Forecast Becton Dickinson and Co Outperform 9
$233.15 Buy/Sell $284.47 20.09%

Medtronic Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$7.67B
2025 FCF Forecast
$8.17B
2026 FCF Forecast
$8.88B
2027 FCF Forecast
$9.55B
2028 FCF Forecast
$11.84B
2029 FCF Forecast
$12.79B
2030 FCF Forecast
$14.10B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
EW Stock Forecast Edwards Lifesciences Corp Outperform 11
$86.45 Buy/Sell $91.18 12.20%
DXCM Stock Forecast DexCom Inc Buy 12
$134.30 Buy/Sell $125.98 11.69%
MMM Stock Forecast 3M Hold 10
$91.48 Buy/Sell $109.39 9.31%

Medtronic EBITDA Forecast for 2023 - 2025 - 2030

Medtronic's EBITDA has grown in the last three years, jumping from $7.83B to $8.12B – an increase of 3.81%. In the next year, analysts predict that EBITDA will reach $11.05B – an increase of 36.00%. For the next seven years, the forecast is for EBITDA to grow by 49.84%.

2024 EBITDA Forecast
$11.05B
2025 EBITDA Forecast
$11.43B
2026 EBITDA Forecast
$11.58B
2027 EBITDA Forecast
$12.22B
2028 EBITDA Forecast
$13.00B
2029 EBITDA Forecast
$12.46B
2030 EBITDA Forecast
$12.17B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ALC Stock Forecast Alcon Outperform 8
CHF72.12 Buy/Sell CHF90.64 33.61%
BIIB Stock Forecast Biogen Outperform 10
$190.52 Buy/Sell $299.62 53.26%
4901 Stock Forecast FUJIFILM Holdings Buy 18
¥9.41k Buy/Sell ¥10.57k 9.43%

Medtronic EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Medtronic's EBIT has increased by 10.02%, going from $5.16B to $5.68B. In the next year, analysts are expecting an increase in EBIT, predicting it will reach $10.06B – an increase of 77.22%. The Medtronic forecast is for EBIT to reach $14.32B or grow by 152.09%.

2024 EBIT Forecast
$10.06B
2025 EBIT Forecast
$10.82B
2026 EBIT Forecast
$11.65B
2027 EBIT Forecast
$12.73B
2028 EBIT Forecast
$12.49B
2029 EBIT Forecast
$13.53B
2030 EBIT Forecast
$14.32B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
7751 Stock Forecast Canon Hold 18
¥4.28k Buy/Sell ¥3.74k -11.24%
BAX Stock Forecast Baxter International Inc Outperform 17
$39.65 Buy/Sell $44.86 13.49%
ABMD Stock Forecast Abiomed - 16
$377.79 Buy/Sell $380.00 -88.33%

Medtronic EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last three years, Medtronic's EPS has seen an increase, rising from $4.59 to $5.29. This represents a growth of 15.25%. Analysts predict that Medtronic's EPS will increase in the upcoming year, reaching $6.36. This would represent an increase of 20.23%. Over the next seven years, experts predict that Medtronic's EPS will grow at a rate of 48.46%.

2024 EPS Forecast
$6.36
2025 EPS Forecast
$6.93
2026 EPS Forecast
$7.38
2027 EPS Forecast
$8.26
2028 EPS Forecast
$7.75
2029 EPS Forecast
$8.07
2030 EPS Forecast
$7.85
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FME Stock Forecast Fresenius Medical Care AG & Co... Hold 18
36.43€ Buy/Sell 41.13€ 5.68%
CYTK Stock Forecast Cytokinetics Outperform 10
$67.00 Buy/Sell $87.92 40.30%
GMED Stock Forecast Globus Medical Outperform 16
$50.75 Buy/Sell $64.58 18.23%