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MDT · NYSE · STOCK

Medtronic (MDT) Stock Analysis

Healthcare Updated August 24, 2026
$92.91
52W $73.31 – $106.33
59/100
$119.49B
24.9
0.57
AI Committee Verdict
Buy
59/100
Conviction: Moderate · 60% agreement · 5 analysts
+3.1%
-4.6%
0.67:1
Moderate
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.

Is MDT Bullish or Bearish?

Bullish. Innellis AI committee rates Medtronic plc (MDT) Buy with a composite score of 59/100 , based on 5 analysts with 60% agreement. Last updated August 24, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +15.97 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -4.03 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee sees neither a compelling opportunity nor a clear risk at this stage. Conditions remain neutral — patience is warranted.

Bull & Bear Case

Bull Case
  • Dividend yield of 3.5% pays you to wait — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • RSI at 70 is in overbought territory — Technical
  • Weekly RSI at 78 -- overbought on the larger timeframe too — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 24, 2026
Overall Committee Score
59/100
Agreement
60%
Analysts
5
Conviction
Moderate
Sector Rank
Top 43%
of 192 Healthcare peers
Value Analyst neutral
58 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Dividend yield of 3.5% pays you to wait
Growth Analyst bullish
62 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst neutral
48 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− RSI at 70 is in overbought territory
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 59.0 to 59.0.

Comparing 2026-08-23 to 2026-08-24 (1 day apart).

Technical Analysis

RSI (14)
70.1
Overbought
MACD Histogram
0.333
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$89.04
Resistance
$96.23
Bollinger %B
0.88
Inside Bands
Price vs Moving Averages
EMA 9
$91.55 Above
EMA 21
$89.03 Above
EMA 50
$85.91 Above
EMA 200
$87.16 Above

Fundamental Analysis

Valuation
49
Growth
64
Profitability
67
Financial Health
98
Cash Flow
70
Valuation
P/E Ratio 24.9×
P/B Ratio 2.42×
PEG Ratio 7.53
Dividend Yield 3.05%
52W High $106.33
52W Low $73.31
Quality & Growth
ROE 970.4%
ROA 516.0%
Gross Margin 6501.8%
Operating Margin 1778.4%
Revenue Growth YoY
Debt / Equity 0.57
AI Fundamental Assessment
P/E ratio of 24.9 (inexpensive relative to a 15-40x range); Price-to-book of 2.4x; PEG ratio of 7.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 9.7%; Return on assets of 5.2%; Net margin of 13.2%; Gross margin of 65.0%; Current ratio of 2.13 (healthy short-term liquidity); Debt-to-equity of 0.57; Free cash flow per share is positive (4.23); Most recent quarter missed estimates by 0.4%; EPS growth accelerating (+0.0% -> +14.0% QoQ); Analyst estimates rising over recent quarters
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