Medtronic (MDT.US) Dividend 2026/2027: 3.3% – Price Target and Rating

86,30
0,35%
Price history for Medtronic (MDT.US) – stock price at 86.30 $, August 2026
Medtronic stock price – price development 2026. Updated Aug 6, 2026.
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Medtronic Price Target 2026: Analysts See 14% Upside

The average price target for Medtronic is $98.44. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 14,07% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Medtronic overvalued or undervalued?

Medtronic is currently undervalued with a gap of 14.1% relative to the price target.


The current price is $86.30, which places Medtronic in the undervalued category. The stock is considered undervalued when the price is below $88.60, and overvalued when the price exceeds $108.28.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Medtronic, the fair value range lies between $88.60 and $108.28.


See the full price target analysis for Medtronic →

Analyst Ratings for Medtronic stock in 2026: Buy

32 analysts cover Medtronic. The ratings are mixed, with 53.1% Buy, 40.6% Hold and 6.2% Sell. The average price target is $98.44, which gives an upside of 14.1% from the current price.

Consensus: Buy (3.81/5)
Strong Buy
12 (37.5%)
Buy
5 (15.6%)
Hold
13 (40.6%)
Sell
1 (3.1%)
Strong Sell
1 (3.1%)
Strong Sell Sell Hold Buy Strong Buy
3.81 out of 5 based on 32 analysts

About Medtronic – Medicinprodukter

Medtronic laver og sælger medicinsk udstyr globalt til hospitaler og læger. De tjener penge på at udvikle avancerede terapier, som hjælper patienter verden over. Virksomheden er delt op i fire hovedområder: Hjerte/Kredsløb, Neurovidenskab, Kirurgi og Diabetes. De er især kendt for at producere ting som pacemakere og de her implantérbare hjertestartere. Inden for kirurgi laver Medtronic for eksempel specialiserede hæfteapparater og forseglingsinstrumenter. Medtronic leverer deres løsninger i over 150 lande. De har cirka 90.000 ansatte. Deres forretning drives af at levere den slags udstyr, der bruges til både kroniske lidelser og akutte indgreb. Read more about the company

Key Figures for Medtronic

$ 109B Market cap
$ 36,4B Revenue
Medicinprodukter Industry
23.11 P/E
3.03 P/S
2.21 P/B
USA Listed on exchange
Sundhed Sector

What kind of stock is Medtronic?

Dividend stock Growth stock Quality stock

Medtronic is classified as a dividend stock and growth stock and quality stock. This means the stock combines several attractive traits, including a dividend of 3.3%, strong financial health (Piotroski 8/9).

Score Overview for Medtronic

💰 Value Score 62/100 (High)
⭐ Quality Score 81/100 (Very High)
🚀 Momentum Score 52/100 (Neutral)
📊 Total Score 65/100

📈 Valuation

Medtronic trades at a P/E ratio of 23.1, which is close to the market average. The forward P/E is 14.3 (38% lower), which suggests the market expects rising earnings. The P/S ratio is 3.0. The P/B ratio is 2.2. The PEG ratio is 1.69.

💵 Profitability & Growth

Medtronic has a profit margin of 13.2% (solid) and an operating margin of 22.1%. Return on equity (ROE) is 9.8%. Return on assets (ROA) is 4.9%. The latest quarterly earnings grew 18.3% year over year.

🏦 Financial Health

The Piotroski score is 8 out of 9 — excellent financial health. Altman Z2 is 3.77 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 90.4% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 1.49% — low, the market does not expect a decline.

Medtronic Dividend 2026: 3.3% Dividend Yield

Dividend Key Figures for Medtronic in 2026

Dividend yield
3.28%
Dividend per share
0.72 USD
Payout ratio
51.5%
Healthy
Dividend growth (6 years)
+424.1%
Avg. annual dividend (3 years)
2.56 USD

When does Medtronic pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
June 26, 2026
Next dividend payment
July 17, 2026
Latest payment date
July 17, 2026

How much does Medtronic pay in dividends?

Medtronic pays dividends to its shareholders. The most recently paid dividend was 0.72 USD per share, which corresponds to a dividend yield of 3.28%. Over the last 6 years, the annual dividend has grown by 424.1%, which shows positive dividend growth.

The payout ratio is 51.5%, which is considered healthy and sustainable. The company balances rewarding shareholders with reinvesting in growth.

Historical Dividend Payments for Medtronic

We have registered dividend payments for Medtronic since 2019-12-26. In that period the stock has paid a dividend 27 times, most recently on 2026-06-26. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-06-262026-07-170.72USDUnknown period
2026-06-262026-07-170.72USDUnknown period
2026-03-272026-04-170.71USDUnknown period
2025-12-262026-01-160.71USDUnknown period
2025-09-262025-10-170.71USDUnknown period
2025-06-272025-07-110.71USDUnknown period
2025-03-282025-04-110.70USDUnknown period
2024-09-272024-10-110.70USDUnknown period
2024-06-282024-07-120.70USDUnknown period
2024-03-212024-04-120.69USDUnknown period
2023-12-192024-01-120.69USDUnknown period
2023-09-212023-10-130.69USDUnknown period
2023-06-222023-07-140.69USDUnknown period
2023-03-232023-04-140.68USDUnknown period
2022-12-202023-01-130.68USDUnknown period
2022-09-222022-10-140.68USDUnknown period
2022-06-232022-07-150.68USDUnknown period
2022-03-242022-04-220.63USDUnknown period
2021-12-212022-01-140.63USDUnknown period
2021-09-232021-10-150.63USDUnknown period
2021-06-242021-07-160.63USDUnknown period
2021-03-252021-04-160.58USDUnknown period
2020-12-212021-01-150.58USDUnknown period
2020-09-242020-10-160.58USDUnknown period
2020-06-252020-07-170.58USDUnknown period
2020-03-262020-04-170.54USDUnknown period
2019-12-262020-01-170.54USDUnknown period

Insider Trading in Medtronic 2026: The Signal Is negative

In 2026, insiders at Medtronic have made 20 transactions, all of which were sales. On a net basis, insiders took 7,993,572 $ out of the stock. Active insiders include Walter Matthew R., Thompson Kweli, Martha Geoffrey and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 14 sales. A net 7,906,006 $ out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net 7,993,572 $ out of the stock.

Latest sale: Walter Matthew R. sold 1,675 shares at 85 $ each on 2026-07-31.

Who is selling: Walter Matthew R., Thompson Kweli, Martha Geoffrey, Marinaro Michael, KIIL HARRY SKIP and others.

Latest Insider Trades in Medtronic (2026)

The table shows the last 20 reported insider transactions in Medtronic. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-31 Walter Matthew R. Sell 1,675 85 143,028
2026-07-31 Thompson Kweli Sell 1,739 85 148,493
2026-07-31 Martha Geoffrey Sell 15,810 85 1,350,016
2026-07-31 Marinaro Michael Sell 3,356 85 286,569
2026-07-31 KIIL HARRY SKIP Sell 3,074 85 262,489
2026-07-31 Blomquist Denise L. Sell 212 85 18,103
2026-07-28 Quinn Michelle Sell 2,069 87 179,755
2026-07-08 Walter Matthew R. Sell 3,102 83 257,931
2026-06-08 KIIL HARRY SKIP Sell 3,961 80 318,662
2026-06-05 Blomquist Denise L. Sell 237 83 19,747

Who is buying and selling Medtronic shares in 2026?

The following insiders have sold shares: Walter Matthew R., Thompson Kweli, Martha Geoffrey, Marinaro Michael, KIIL HARRY SKIP and others. In total, 7,993,572 $ was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Medtronic Short Selling 2026: 1.5% Sold Short

Low short interest: 1.5% of the free float
Short % of free float
1.5%
Assessment
Low short interest
Short squeeze risk
Low
Data source
SEC
Updated daily
The stock has a low share of short selling. Less than 2% of the freely traded shares are sold short, which points to limited bearish sentiment.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
1.5%

When Does Medtronic Report Earnings – Next Date: 9/1/2026

The next earnings report from Medtronic is scheduled for September 1, 2026, before the market opens. This report covers the third quarter (Q3), which ended on July 31, 2026.



Technical Analysis of Medtronic 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Medtronic (MDT.US) – RSI 59, MACD positive (bullish), daily candlestick chart August 2026
Medtronic technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Medtronic plc

Medtronic plc is in a short-term uptrend. The price of $85.99 is 2.5% above the 20-day average ($83.89). Medium term, the picture is positive: the price is 6.2% above the 50-day average ($80.98). Long term, the stock is 3.0% below the 200-day average ($88.67), which signals a long-term downtrend.

Death Cross: The 50-day average (80.98) is below the 200-day average (88.67), which is a classic bearish signal for Medtronic plc.

Is Medtronic plc overbought or oversold?

Medtronic plc has an RSI of 58.8. The stock shows positive momentum in the upper part of the neutral zone.

MACD Analysis for Medtronic plc

Daily MACD: MACD is positive (1.487), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is above the signal line (1.328) by 0.159, which confirms rising momentum in the uptrend.

Weekly MACD: MACD5 is negative (-1.749), which indicates a broader bearish long-term trend. MACD5 is above the signal line (-2.898) by 1.149, which suggests the negative long-term momentum is fading – a bigger trend reversal could be ahead.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The short-term trend is bullish, but the long-term trend is still bearish. Weekly momentum is rising, though, which could signal an upcoming trend reversal.

Risk Profile for Medtronic plc

Medtronic plc has an annual standard deviation of 23.6%, which classifies the stock as low risk. Price swings are limited, and the stock suits conservative investors.

Overall Technical Conclusion for Medtronic plc

Trend: Neutral/mixed.

MACD trend (zero line): Daily bullish (1.487). Weekly bearish (-1.749).

MACD momentum (signal): Daily rising. Weekly rising.

RSI: 58.8 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About Medtronic stock in 2026

Should you buy Medtronic stock now?
The technical signal for Medtronic is currently NEUTRAL. Medtronic trades at $86.30 as of 8/6/2026. The overall technical signal is: Hold. The technical analysis shows the following: MACD is positive (bullish trend) at 1.487 with rising momentum (signal: 1.328); RSI is at 58.8 (neutral zone); the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $98.44 points to 14.1% upside. This is a technical observation based on current data, not investment advice.
What is the price target for Medtronic stock?
The average analyst price target for Medtronic is $98.44. The current price is $86.30, which gives an upside of 14.1%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $88.60 and $108.28.
Is Medtronic a dividend stock?
Yes, Medtronic is a dividend stock with a dividend yield of 3.28%. The latest dividend was $0.72 per share. The latest ex-dividend date (traded without the dividend) was 6/26/2026. The payout ratio is 51.5%, which is considered moderate. The next dividend payment is scheduled for 7/17/2026.
When does Medtronic pay a dividend in 2026?
Medtronic pays its next dividend on 7/17/2026. The latest dividend was $0.72 per share with an ex-dividend date of 6/26/2026. The dividend yield is 3.28%. The payout ratio of 51.5% points to moderate dividend coverage.
What is the risk of Medtronic stock?
Medtronic is rated as a stock with low risk. the annual standard deviation is 23.6%, which classifies the stock as low risk.
Is Medtronic overvalued?
No, Medtronic is considered undervalued based on the analyst price target (14.1% upside). Medtronic has the following valuation ratios: a P/E ratio of 23.1 (moderately to highly valued), a P/S ratio of 3.0, a P/B ratio of 2.2. The analyst price target suggests that the stock is undervalued by 14.1%.
Is Medtronic overbought?
No, Medtronic is not overbought. RSI is at 58.8 (neutral zone). The technical indicators show: RSI is at 58.8 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 2.9% above the 20-day average (short-term uptrend). In addition, MACD is positive with rising momentum (bullish).
When is the next Medtronic earnings report?
Medtronic reports its next earnings on September 1, 2026. The stock currently trades at $86.30. With a P/E ratio of 23.1, the market will be watching closely whether earnings meet expectations.
Is Medtronic shorted?
Yes, Medtronic is shorted with 1.5% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. Data is updated daily based on official filings with the SEC.
Are insiders buying Medtronic stock?
No, insiders are not buying Medtronic shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 14 sales. On a net basis, 7,906,006 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 7,993,572 $ sold. Active sellers include Walter Matthew R., Thompson Kweli, Martha Geoffrey and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Medtronic a good stock?
Based on our total score, Medtronic is rated as a good stock with a total score of 65 out of 100. The stock scores above average on value, quality and momentum – it is among the top 35% in our database. The score is made up of Value: 62/100, Quality: 81/100, Momentum: 52/100. In addition: analysts see 14.1% upside to the price target; a dividend of 3.28%; technical signal: Hold. Whether Medtronic is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Medtronic stock?
The outlook for Medtronic based on current data: the average analyst price target is $98.44 (+14.1%); the next earnings report is due on 9/1/2026, which can move the price; the P/E ratio is 23.1 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Medtronic stock rising?
Medtronic is rising right now. The technical indicators show: the price is 2.9% above the 20-day average; MACD is positive with rising momentum (bullish signal); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Medtronic go?
The average analyst price target for Medtronic is $98.44, which corresponds to a potential gain of 14.1% from the current price of $86.30. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Medtronic fall?
We lack enough history to give a specific floor for Medtronic. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Medtronic do?
Medtronic laver og sælger medicinsk udstyr globalt til hospitaler og læger. De tjener penge på at udvikle avancerede terapier, som hjælper patienter verden over. Virksomheden er delt op i fire hovedområder: Hjerte/Kredsløb, Neurovidenskab, Kirurgi og Diabetes. De er især kend... The company belongs to the Sundhed sector, more specifically the Medicinprodukter industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Medtronic as an investment.
Did Medtronic raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Medtronic. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Medtronic making money or losing money?
Yes, Medtronic is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 13.2% — which is solid. The operating margin (profit before interest and taxes) is 22.1%. At a P/E ratio of 23.1, you currently pay 23.1 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Medtronic go bankrupt?
The bankruptcy risk of Medtronic is rated as low. Altman Z2 (a model for assessing financial distress) is 3.77 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 8 — which is strong. Debt relative to equity is 90% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Medtronic have a lot of debt?
Medtronic has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 90%. For the sundhed sector, 80-150% counts as a typical level. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Medtronic service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 11.4x, and net debt equals 2.6 years of earnings (EBITDA).