Medtronic (MDT) stock forecast for 2023

The forecast has been updated: June 8, 2023 8:45


Medtronic stock price online today

Analyst Target Price

91.23

Dividend Date

14.07.2023

Ex Dividend Date

22.06.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Medtronic stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Medtronic stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $91.23 target price for Medtronic stock stock.

Today 200 Day Moving Average is the resistance level (83.28 $).

50 Day Moving Average is the resistance level (85.26 $).




MDT Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jul 85.46 78.71 90.76 13.28 %
Aug 82.04 80.15 85.98 6.77 %
Sep 82.78 76.74 85.93 10.69 %
Oct 78.97 75.02 83.08 9.70 %
Nov 74.00 71.70 77.77 7.80 %
Dec 75.03 72.41 78.48 7.74 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Medtronic stock.


Medtronic overview

Medtronic Address

20 ON HATCH, LOWER HATCH STREET, DUBLIN, IE

Market Capitalization

111 255 716 000 $

EBITDA

9 157 000 000

PE Ratio

29.23

PEG Ratio

3.04

Dividend Per Share

2.73

Dividend Yield

0.0334

EPS

2.86

Quarterly Earnings Growth YOY

-0.2

Quarterly Revenue Growth YOY

0.056

Trailing PE

29.23

Forward PE

14.88

EV To Revenue

3.895

EV To EBITDA

13.5

52 Week High

93.21

52 Week Low

74.46

50 Day Moving Average

85.26

200 Day Moving Average

83.28

Shares Outstanding

1330810000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Medtronic stock forecast for this year


Medtronic stock forecast for Jul 2023.
Estimated Average Forecasted Medtronic Price: 85.46. Positive monthly dynamics of the instrument is expected with 13.277% volatility is expected.

Pessimistic forecast: 78.71

Optimistic: 90.76


Medtronic stock forecast for Aug 2023.
Estimated Average Forecasted Medtronic Price: 82.04. Negative monthly dynamics of the instrument is expected with 6.775% volatility is expected.

Pessimistic forecast: 80.15

Optimistic: 85.98


Medtronic stock forecast for Sep 2023.
Estimated Average Forecasted Medtronic Price: 82.78. Positive monthly dynamics of the instrument is expected with 10.694% volatility is expected.

Pessimistic forecast: 76.74

Optimistic: 85.93


Medtronic stock forecast for Oct 2023.
Estimated Average Forecasted Medtronic Price: 78.97. Negative monthly dynamics of the instrument is expected with 9.696% volatility is expected.

Pessimistic forecast: 75.02

Optimistic: 83.08


Medtronic stock forecast for Nov 2023.
Estimated Average Forecasted Medtronic Price: 74.00. Negative monthly dynamics of the instrument is expected with 7.802% volatility is expected.

Pessimistic forecast: 71.70

Optimistic: 77.77


Medtronic stock forecast for Dec 2023.
Estimated Average Forecasted Medtronic Price: 75.03. Positive monthly dynamics of the instrument is expected with 7.744% volatility is expected.

Pessimistic forecast: 72.41

Optimistic: 78.48



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