Medtronic Plc

Medtronic Plc

MDT

Get informed when a big investor buys or sells

+ Follow
Market Cap$94.76B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Medtronic PlcMedtronic Plc20.53.85%-2.9-

Earnings Call Q3 2026

February 17, 2026 - AI Summary

Strong Q3 Performance: Medtronic reported Q3 fiscal '26 revenue of $9 billion, achieving an 8.7% reported and 6% organic growth year-over-year, marking the highest growth in the last 10 quarters. This was driven by exceptional performance in the Cardiovascular segment, particularly the Cardiac Ablation Solutions (CAS) business, which grew 80% year-over-year, with a notable 200% growth in Pulsed Field Ablation (PFA).
Future Growth Drivers: The company is focusing on four key growth drivers: PFA for atrial fibrillation, Symplicity Spyral for hypertension, Altaviva for urinary incontinence, and the Hugo surgical robot. Each product is projected to generate over $1 billion in revenue, tapping into large underpenetrated markets and showcasing high physician demand.
Challenges in Other Segments: While CAS saw strong growth, Structural Heart reported low single-digit growth due to competitive pressure and the anniversary of the Evolut FX+ launch, indicating challenges in maintaining momentum in certain areas. Additionally, the Neuroscience portfolio grew only 3%, below expectations, but has a promising pipeline for future growth.

Exclusive for Stockcircle Pro members

Sign upSign Up
$107.45

Target Price by Analysts

37.9% upsideMedtronic Plc Target Price DetailsTarget Price
$169.28

Current Fair Value

117.2% upside

Undervalued by 117.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$94.76 Billion
Enterprise Value$91.60 Billion
Dividend Yield$2.84 (3.85%)
Earnings per Share$3.63
Beta0.63
Outstanding Shares1,282,100,000

Return

Return on EquityNaN%ROE
Return on Assets175.77%
Return on Invested Capital629.31%

Valuation & Multiples

P/E Ratio20.51P/E Ratio
PEG-175.76PEG
Price to Sales2.89Price to Sales
Price to Book Ratio38.98Price to Book Ratio
Enterprise Value to Revenue2.58
Enterprise Value to EBIT14.17
Enterprise Value to Net Income19
Total Debt to Enterprise0.02
Debt to Equity-Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
June 3, 2026
EPS Estimate
$1.54
Average shareholder expectation
Revenue Estimate
$9.62 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 18, 2026
EPS Estimate
$1.37
Average shareholder expectation
Revenue Estimate
$9.48 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.5906 6.05%
Total Calls6,814,435 24.14%
Total Puts4,024,660 31.19%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %85.29% 0.07%
Total Invested$95.55B 9.12%
Investors Holding2,273 94.00%

ESG Score

No data

About Medtronic Plc

CEO: Geoffrey Martha

Relevant Senate Committees

Finance

This powerful committee controls taxation, trade, and entitlement spending. It directly impacts Medtronic's corporate valuations through tax policy, its international operations through trade policy, and its U.S. market through Medicare/Medicaid reimbursement rates and pricing policies.

Appropriations

This committee allocates discretionary federal spending. Its subcommittees directly determine the funding for federal healthcare programs, scientific research (e.g., NIH), and military/VA healthcare, which translates into concrete revenue streams for Medtronic through government contracts and research support.

Health, Education, Labor, and Pensions

This committee directly regulates the FDA, which is crucial for medical device approvals and oversight. It also influences health policy and NIH research funding, making it a primary regulatory body for Medtronic's industry.

Judiciary

This committee oversees antitrust laws and intellectual property. Medtronic, as a major medical device company, is significantly impacted by patent protection for its innovations and potential antitrust reviews of mergers and acquisitions.

Veterans' Affairs

This committee directly oversees the Department of Veterans Affairs. Its funding decisions and policies directly impact government healthcare contractors and medical device manufacturers like Medtronic, which supplies VA hospitals.