Medtronic plc(MDT)
NASDAQ

MDT Stock Analysis — September 2026

$93.10
0.92 (1.00%)

MDT Stock Price Today (September 2026) — Medtronic plc Analysis & Key Metrics 2026-09-03

Medtronic plc (MDT) is trading at $93.10, up 1.00% today (as of September 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 $98.84 (6.2% upside).
  • Volatility remains elevated (19.44% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.90% YoY) alongside significant competitive pressures.

MDT Stock Analysis: Key Metrics & Valuation (September 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target98.846.2%
Volatility (30d ann.)19.4416High
RSI (14-day)
61.74 (Neutral)
Debt$29.15B (58.21 D/E)

Medtronic plc - Historical Price & Volume

$93.10
+8.55 (+10.11%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$116.03B

Enterprise Value: $137.32B

P/E Ratio

24.96

Forward P/E: 14.15

Revenue Growth

+9.90%

Year over Year

Analyst Target

$98.84

+6.2% upside potential

Key Investor Questions About MDT

What investors need to know before buying

Is it a good time to buy MDT stock?

Based on current market data, MDT presents a neutral technical setup with caution warranted fundamentals.

  • Technicals say: Neutral (RSI 61.74)
  • Fundamentals say: Caution warranted (high leverage concerns)
Can MDT sustain revenue growth in the Medical Devices market?

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.
What are the biggest risks facing MDT stock?

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

52-Week Low$73.31
52-Week High$106.33
Current Price$93.10

Over the past year, MDT stock traded between $73.31 and $106.33—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility19.44%
Beta0.41
RSI (14-day)61.74

With 19.44% annualized volatility and β=0.41, the stock exhibits low sensitivity to market moves—making MDT suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership39.40%
Institutional Ownership88.59%
Shares Short14.35M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$98.84
Upside Potential
6.2%
Recommendation
buy
Analyst target of $98.84 suggests modest upside with 6.2% potential gain.

Latest News & Headlines

Recent headlines and coverage

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While Medtronic has outperformed relative to the Dow over the past three months, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

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Frequently Asked Questions

Common investor questions about Medtronic plc

Medtronic plc (MDT) is currently trading at $93.10. The RSI (14-day) is at 61.7, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $98.84 implies 6.2% upside from current levels. Volatility is low at 19.4% 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 24.96, 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 2.41. Price-to-Sales is 3.28. 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 $98.84. This represents a 6.2% upside from the current price of $93.10. The range spans from a low target of $78.00 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 3.09%. The annualized dividend rate is $2.84 per share. The payout ratio is 76.1%, which is relatively high—earnings cover the dividend but there's limited room for increases. The most recent ex-dividend date was 2026-09-25T00:00:00.000Z.

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 58.21, 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.