MDT Stock Price Today (October 2026) — Medtronic plc Analysis & Key Metrics 2026-10-20
Medtronic plc (MDT) is trading at $94.63, up 2.00% today (as of October 2026). The stock continues to show sustained strength above key moving averages, attracting attention from investors looking for Healthcare growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $104.40 (10.3% upside).
- Volatility is low (22.78% annualized), implying relatively contained price movements for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.90% YoY) alongside competitive pressures in the Medical Devices space.
MDT Stock Analysis: Key Metrics & Valuation (October 2026)
Concise, actionable data for investors
Medtronic plc - Historical Price & Volume
- Price
- Volume
- Latest price
Market Cap
Enterprise Value: $140.38B
P/E Ratio
Forward P/E: 14.15
Revenue Growth
Year over Year
Analyst Target
+10.3% upside potential
Key Investor Questions About MDT
What investors need to know before buying
Based on current market data, MDT presents a neutral technical setup with looking solid fundamentals.
- Technicals say: Neutral (RSI 63.72)
- Fundamentals say: Looking solid (debt and growth supportive)
MDT's growth trajectory depends on its ability to expand within the Medical Devices sector while managing margin pressures.
- Future growth will depend on performance in core Medical Devices operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for MDT investors include debt exposure and competitive dynamics in the Medical Devices industry.
- $29.15B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Medical Devices.
52-Week Trading Range
Over the past year, MDT stock traded between $73.31 and $106.33 and currently trades in the middle of that range. Big swings are less likely unless a major catalyst emerges.
Volatility & Risk Profile
With 22.78% annualized volatility and β=0.26, the stock exhibits low sensitivity to market moves—making MDT suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
High institutional ownership with low short interest suggests steadier hands and low immediate risk.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines, coverage and TickZen analysis
Market news
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Latest TickZen Insights
All insights →No TickZen article on MDT yet. Our newest analysis:
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Frequently Asked Questions
Common investor questions about Medtronic plc
Medtronic plc (MDT) is currently trading at $94.63. The RSI (14-day) is at 63.7, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $104.40 implies 10.3% upside from current levels. Volatility is moderate at 22.8% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Medtronic plc (MDT): The trailing P/E ratio is 25.15, which is in line with broader market averages. The forward P/E is 14.15, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.78, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 2.43. Price-to-Sales is 3.30. Valuation should be compared to Medical Devices industry peers for context, as different sectors trade at different multiples.
Based on 25 analysts covering MDT, the consensus price target is $104.40. This represents a 10.3% upside from the current price of $94.63. The range spans from a low target of $85.00 to a high target of $121.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Yes, Medtronic plc (MDT) pays a dividend with a current yield of approximately 3.04%. The annualized dividend rate is $2.85 per share. The payout ratio is 70.0%, which is moderate and suggests adequate earnings coverage for the dividend. The most recent ex-dividend date was Sep 25, 2026.
Key risks for Medtronic plc (MDT) investors include: 1. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 2. Medical Devices sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Medtronic plc's (MDT) current debt and financial health profile: Total debt stands at $29.15B. The debt-to-equity ratio is 0.58x, which is moderate and generally manageable for most companies. The current ratio is 2.13, indicating strong short-term liquidity. The quick ratio is 1.36. The company holds $9.22B in cash and equivalents. Free cash flow is positive at $4.63B, providing a cushion for debt servicing and shareholder returns.