MDT · NYQ S&P 500

Medtronic plc

Healthcare · Medical Devices

$101.59 −$1.20 (−1.17%) Nov 10, 2026

Session of Nov 10, 2026 · updated Nov 11, 2026, 10:56 · Source: Yahoo Finance

Consensus of 30 analysts

Buy

Median price target $106.00 +4.3%

Open: $102.19
Day range: 100.80 – $102.63
52-week range: 73.31 – $106.33
Volume: 5,052,947
Market cap: $129,948M
P/E (TTM): 25.0x
EPS (TTM): $4.07
EPS est. FY 2027: $5.98
P/E est. FY 2027: 17.0x
Dividend yield: 2.8%
Beta: 0.57
Payout: 70%

Medtronic financials

Q3 2026 results, quarter ended Jul 31, 2026

Metric	Q3 2026	1-year change
Total revenue	$9,756M	+13.7%
Net income	$1,470M	+41.3%
Earnings per share	$1.14	+40.7%
Net margin	15.1%	+2.9 pp
Free cash flow	$1,290M	+120.9%
Debt / equity	0.56	−6.2%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$8,578M	$1,040M
Q4 2025	$8,961M	$1,374M
Q1 2026	$9,017M	$1,143M
Q2 2026	$9,807M	$1,244M
Q3 2026	$9,756M	$1,470M

Medtronic earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 25	$1.3321.32 – 1.34	−2.1%$1.360
Next quarterQ1 2027 · Analysts: 24	$1.4241.40 – 1.48	+4.7%$1.360
Current yearFY 2027 · Analysts: 30	$5.9755.93 – 6.02	+8.1%$5.530
Next yearFY 2027 · Analysts: 30	$6.4066.24 – 6.63	+7.2%$5.975

Forward P/E: 17.0x (FY 2027) and 15.9x (FY 2027) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$0.810	—
Q4 2025	$1.360	$1.314
Q1 2026	$1.360	$1.335
Q2 2026	$1.550	$1.541
Q3 2026	$1.450	$1.387
Q4 2026	—	$1.332
Q1 2027	—	$1.424

Year	Actual EPS	Estimated EPS
FY 2023	$2.820	—
FY 2024	$2.760	—
FY 2025	$3.610	—
FY 2026	$3.730	—
FY 2027	—	$6.406

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$1.424	+4.7%
Q4 2026Estimated	$1.332	−2.0%
Q3 2026	$1.450est. $1.387 · surprise +4.5%	+79.0%
Q2 2026	$1.550est. $1.541 · surprise +0.6%	n/a
Q1 2026	$1.360est. $1.335 · surprise +1.9%	n/a
Q4 2025	$1.360est. $1.314 · surprise +3.5%	n/a
Q3 2025	$0.810	n/a

Year	EPS	Annual change
FY 2027Estimated	$6.406	+71.7%
FY 2026	$3.730	+3.3%
FY 2025	$3.610	+30.8%
FY 2024	$2.760	−2.1%
FY 2023	$2.820	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Medtronic dividend

Yield and payments

Dividend yield (TTM)	2.8%
Forward yield (next 12m)	2.8%
Dividend per share (TTM)	$2.85
Forward dividend (next 12m)	$2.88
Payout (TTM)	70%
Last dividend	$0.72Sep 25, 2026
Next ex-dividend date	n/a

Dividend per share by year ($)

PaidEstimated

Year	Dividend per share
2019	$2.12
2020	$2.28
2021	$2.47
2022	$2.67
2023	$2.75
2024	$2.79
2025	$2.83
est. 12m	$2.88

Medtronic forecasts

30 analyst ratings

Buy63% Hold37% Sell0%

Consensus: Buy · 19 buy, 11 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$121.00	+19.1%
Median	$106.00	+4.3%
Low	$85.00	−16.3%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$105.33
Dec 31, 2025	$96.06
Jan 30, 2026	$102.96
Feb 27, 2026	$97.66
Mar 31, 2026	$86.65
Apr 30, 2026	$80.97
May 29, 2026	$73.81
Jun 30, 2026	$78.23
Jul 31, 2026	$85.39
Aug 31, 2026	$90.65
Sep 30, 2026	$86.29
Oct 30, 2026	$96.54
Nov 10, 2026	$101.59

Medtronic peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
MDT	Medtronic	129,948	25.0x	101.59	−1.17%	73.31106.33
ABT	Abbott Laboratories	191,310	41.2x	110.46	−0.05%	81.97132.03
SYK	Stryker	123,454	34.5x	324.29	−0.44%	267.00389.33
BSX	Boston Scientific	64,791	18.9x	44.70	+1.54%	39.57105.65
EW	Edwards Lifesciences	59,806	60.5x	104.01	−0.67%	74.66105.37
GEHC	GE HealthCare	37,821	17.7x	83.65	−0.45%	58.7589.77