Medtronic plc (MDT) stock forecast & analysis
87.75
NYSE · USDDelayed by 20 minutes
Up: +2.24, +2.6%
1 analysis
Latest analysis: · verdict locked
- Open
- 85.90
- Previous close
- 85.51
- Day range
- 85.55 – 88.48
- 52-week range
- 73.31 – 106.33
- Volume (shares)
- 105.66M
- Net assets
- Not available
- Expense ratio
- Not available
- Shares outstanding
- 1.28B
- P/E ratio
- 21.56
- Dividend yield
- 3.28%
- Beta
- 0.57
- Market cap
- 112.24B
Market Scanner’s AI analysis of Medtronic plc (MDT), updated October 2026: Medtronic's strategic advancements, including platform development and a significant spin-off, were central to recent analyses, alongside technical indicators suggesting a bearish trend.
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Summary
Medtronic's strategic advancements, including platform development and a significant spin-off, were central to recent analyses, alongside technical indicators suggesting a bearish trend.
Recent analyses examined Medtronic's strategic initiatives, including the advancement of its Altaviva and Symplicity Spyral platforms and the spin-off of its MiniMed division. The company's significant investment in robotics and its commitment to serving a large patient base were also noted. Technical indicators, such as SMAs and RSI, suggested a bearish short-to-medium term trend, despite some short-term upward momentum.
MDT news & sentiment
News surrounding Medtronic indicated a generally positive outlook, highlighting strategic advancements and significant investments. Social media discussion was not covered in the provided notes.
MDT technical picture
The price traded below its 50-day and 200-day SMAs, indicating a bearish trend, though short-term momentum showed some upward movement. Momentum readings, including RSI and MACD, suggested a lack of strong buying pressure and bearish momentum, while the price hovered near the lower Bollinger Band.
Fundamentals
Medtronic's recent financial performance showed strong year-over-year growth in both revenue and earnings, supported by healthy profit and operating margins. The company maintains a solid balance sheet with a strong current ratio, though it carries a notable amount of debt relative to its cash reserves.
Factors discussed — upside
- Year-over-year quarterly revenue growth was 13.7%.
- Year-over-year quarterly earnings growth was 40.7%.
- Dividend yield of 3.28%.
- Current ratio of 2.067.
- Investment of $700 million in robotics.
Factors discussed — risks
- Current price is below both the 50-day SMA and the 200-day SMA.
- RSI is below the neutral 50 level.
- MACD is below zero, indicating bearish momentum.
- Current price is closer to the lower Bollinger Band.
- Technical Analysis
- Financial Performance
- Strategic Initiatives
- Robotics Investment
Summary updated .
MDT technical indicators
Common technical indicators for MDT, computed from its daily closing prices.
| Indicator | Value | Reading |
|---|---|---|
| 50-day simple moving average | 90.05 | Price below |
| 10-day exponential moving average | 87.58 | Price above |
| Relative strength index (14-day) | 45.53 | Neutral |
| MACD line (12/26/9) | -1.1054 | Below its signal line |
| Bollinger bands (20-day, 2σ) | 84.22 – 94.68 | Price inside the bands |
Analyses
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Frequently asked questions
- What is the bull case for Medtronic plc?
- The company has demonstrated strong year-over-year quarterly revenue and earnings growth, supported by a notable dividend yield and a healthy current ratio. Additionally, a significant investment in robotics signals a focus on future growth areas.
- What are the risks for Medtronic plc?
- The company's current price is trading below key moving averages and the neutral RSI level, indicating bearish short-to-medium term momentum. The MACD also suggests bearish momentum, and the price is positioned near the lower Bollinger Band.
- Is Medtronic plc bullish or bearish?
- Recent AI analyses of Medtronic plc examined factors on both sides. Discussed upside: The company has demonstrated strong year-over-year quarterly revenue and earnings growth, supported by a notable dividend yield and a healthy current ratio. Additionally, a significant investment in robotics signals a focus on future growth areas. Discussed risks: The company's current price is trading below key moving averages and the neutral RSI level, indicating bearish short-to-medium term momentum. The MACD also suggests bearish momentum, and the price is positioned near the lower Bollinger Band. These are descriptive observations, not a recommendation.
- What is the latest sentiment on Medtronic plc?
- News surrounding Medtronic indicated a generally positive outlook, highlighting strategic advancements and significant investments. Social media discussion was not covered in the provided notes.
- How does Market Scanner analyse Medtronic plc?
- Every analysis of Medtronic plc runs the same five stages: four analysts read the market independently, a bull and a bear debate what they found, one agent turns the ruling into a position, three risk perspectives stress-test it, and a final agent writes the report. Market Scanner publishes what each stage does, with figures computed from the analyses on the platform rather than written in by hand.Read the methodology
What is the bull case for Medtronic plc?
The company has demonstrated strong year-over-year quarterly revenue and earnings growth, supported by a notable dividend yield and a healthy current ratio. Additionally, a significant investment in robotics signals a focus on future growth areas.
What are the risks for Medtronic plc?
The company's current price is trading below key moving averages and the neutral RSI level, indicating bearish short-to-medium term momentum. The MACD also suggests bearish momentum, and the price is positioned near the lower Bollinger Band.
Is Medtronic plc bullish or bearish?
Recent AI analyses of Medtronic plc examined factors on both sides. Discussed upside: The company has demonstrated strong year-over-year quarterly revenue and earnings growth, supported by a notable dividend yield and a healthy current ratio. Additionally, a significant investment in robotics signals a focus on future growth areas. Discussed risks: The company's current price is trading below key moving averages and the neutral RSI level, indicating bearish short-to-medium term momentum. The MACD also suggests bearish momentum, and the price is positioned near the lower Bollinger Band. These are descriptive observations, not a recommendation.
What is the latest sentiment on Medtronic plc?
News surrounding Medtronic indicated a generally positive outlook, highlighting strategic advancements and significant investments. Social media discussion was not covered in the provided notes.
How does Market Scanner analyse Medtronic plc?
Every analysis of Medtronic plc runs the same five stages: four analysts read the market independently, a bull and a bear debate what they found, one agent turns the ruling into a position, three risk perspectives stress-test it, and a final agent writes the report. Market Scanner publishes what each stage does, with figures computed from the analyses on the platform rather than written in by hand.
Read the methodology- Bundles used
- gemini-low-v2
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