Medtronic Plc

Medtronic Plc

MDT

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Market Cap$101.86B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Medtronic PlcMedtronic Plc21.23.58%10%2.90.6

Earnings Call Q4 2026

June 3, 2026 - AI Summary

Strong results + accelerating growth (good): - Q4 FY’26 revenue: $9.8B, +9.9% reported and +6.6% organic (noted as a 60 bps acceleration vs prior quarter). - FY’26 revenue: $36.4B, +8.4% reported and +5.8% organic → described as strongest top-line performance in 10 years. - Profitability: Adjusted EPS Q4 $1.55; FY’26 adjusted EPS $5.53, ahead of expectations. - Cash flow: Free cash flow $5.4B in FY’26 (strongest since 2022), with $9.2B cash & investments at year-end.
CAS/Electrophysiology momentum remains the big engine (good, and a key outlook driver): - Cardiac Ablation Solutions (CAS): 78% worldwide growth in Q4 and additional +8 points of U.S. share. - Guidance framing: Management pushed back on “CAS slowing” concerns—expects mid-to-high teens CAS market growth in FY’27 while growing more than 2x the market; CAS is annualizing at ~$2B and expected to hit that level in Q1 FY’27. - EP platform expansion: Affera progress (including U.S. VT pivotal trial FDA approval with enrollment targeted H1 FY’27); rollout of Prism-2 mapping software; Sphere-9 launched in Japan; Sphere-360 CE marked with U.S. pivotal trial enrolling quickly (per remarks).
Full-year FY’27 outlook: steady mid-single-digit organic growth (forecast) with stated margin/EPS targets: - FY’27 organic revenue growth guidance: 6.75% to 7.25% (includes Diabetes tailwind ~25 bps), with ~11.5% to 12% organic growth in Q1. - Extra selling week benefit: ~150 bps to full year; Q1 contribution ~600–700 bps. - EPS guidance: $5.90 to $6.00 for FY’27. - Margin guidance: operating margin expected up ~60 bps, while gross margin ex-tariffs ~in line; including tariffs, gross margin down ~20 bps.

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$95.50

Target Price by Analysts

18.4% upsideMedtronic Plc Target Price DetailsTarget Price
$183.64

Current Fair Value

127.8% upside

Undervalued by 127.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$101.86 Billion
Enterprise Value$128.79 Billion
Dividend Yield$2.84 (3.58%)
Earnings per Share$3.75
Beta0.6
Outstanding Shares1,281,800,000

Return

Return on Equity9.70%ROE
Return on Assets5.16%
Return on Invested Capital8.65%

Valuation & Multiples

P/E Ratio21.19P/E Ratio
PEG120.4PEG
Price to Sales2.88Price to Sales
Price to Book Ratio2.07Price to Book Ratio
Enterprise Value to Revenue3.54
Enterprise Value to EBIT18.3
Enterprise Value to Net Income26
Total Debt to Enterprise0.22
Debt to Equity0.58Debt 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
$1.39
Average shareholder expectation
Revenue Estimate
$9.56 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 %85.33% 0.12%
Total Invested$95.59B 9.17%
Investors Holding2,286 86.00%

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.