Medtronic (MDT) stock forecast for 2024

The forecast has been updated: June 23, 2022 8:47


Medtronic stock price online today

Analyst Target Price

116.78

Dividend Date

15.07.2022

Ex Dividend Date

23.06.2022

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 2024? How much will it cost in 2024? Medtronic stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

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 $116.78 target price for Medtronic stock stock.

Today 200 Day Moving Average is the resistance level (110.45 $).

50 Day Moving Average is the resistance level (101.92 $).




MDT Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 80.91 78.32 85.28 8.16 %
Feb 79.21 76.91 81.11 5.18 %
Mar 75.33 71.49 79.32 9.88 %
Apr 75.93 71.53 79.12 9.60 %
May 74.34 69.58 75.82 8.24 %
Jun 81.40 77.65 87.01 10.76 %
Jul 78.30 76.03 80.11 5.08 %
Aug 81.75 75.46 87.15 13.41 %
Sep 85.84 79.57 89.87 11.46 %
Oct 80.43 78.42 85.66 8.45 %
Nov 80.83 76.39 86.41 11.60 %
Dec 84.87 81.39 90.14 9.70 %

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

118 049 939 000 $

EBITDA

9 622 000 000

PE Ratio

23.78

PEG Ratio

2.092

Dividend Per Share

2.52

Dividend Yield

0.0308

EPS

3.73

Quarterly Earnings Growth YOY

0.102

Quarterly Revenue Growth YOY

-0.012

Trailing PE

23.78

Forward PE

15.95

EV To Revenue

4.18

EV To EBITDA

15.09

52 Week High

133.57

52 Week Low

86.95

50 Day Moving Average

101.92

200 Day Moving Average

110.45

Shares Outstanding

1330740000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Medtronic stock forecast for this year


Medtronic stock forecast for Jan 2024.
Estimated Average Forecasted Medtronic Price: 80.91. Negative monthly dynamics of the instrument is expected with 8.159% volatility is expected.

Pessimistic forecast: 78.32

Optimistic: 85.28


Medtronic stock forecast for Feb 2024.
Estimated Average Forecasted Medtronic Price: 79.21. Negative monthly dynamics of the instrument is expected with 5.176% volatility is expected.

Pessimistic forecast: 76.91

Optimistic: 81.11


Medtronic stock forecast for Mar 2024.
Estimated Average Forecasted Medtronic Price: 75.33. Negative monthly dynamics of the instrument is expected with 9.877% volatility is expected.

Pessimistic forecast: 71.49

Optimistic: 79.32


Medtronic stock forecast for Apr 2024.
Estimated Average Forecasted Medtronic Price: 75.93. Positive monthly dynamics of the instrument is expected with 9.597% volatility is expected.

Pessimistic forecast: 71.53

Optimistic: 79.12


Medtronic stock forecast for May 2024.
Estimated Average Forecasted Medtronic Price: 74.34. Negative monthly dynamics of the instrument is expected with 8.235% volatility is expected.

Pessimistic forecast: 69.58

Optimistic: 75.82


Medtronic stock forecast for Jun 2024.
Estimated Average Forecasted Medtronic Price: 81.40. Positive monthly dynamics of the instrument is expected with 10.758% volatility is expected.

Pessimistic forecast: 77.65

Optimistic: 87.01


Medtronic stock forecast for Jul 2024.
Estimated Average Forecasted Medtronic Price: 78.30. Negative monthly dynamics of the instrument is expected with 5.083% volatility is expected.

Pessimistic forecast: 76.03

Optimistic: 80.11


Medtronic stock forecast for Aug 2024.
Estimated Average Forecasted Medtronic Price: 81.75. Positive monthly dynamics of the instrument is expected with 13.415% volatility is expected.

Pessimistic forecast: 75.46

Optimistic: 87.15


Medtronic stock forecast for Sep 2024.
Estimated Average Forecasted Medtronic Price: 85.84. Positive monthly dynamics of the instrument is expected with 11.461% volatility is expected.

Pessimistic forecast: 79.57

Optimistic: 89.87


Medtronic stock forecast for Oct 2024.
Estimated Average Forecasted Medtronic Price: 80.43. Negative monthly dynamics of the instrument is expected with 8.451% volatility is expected.

Pessimistic forecast: 78.42

Optimistic: 85.66


Medtronic stock forecast for Nov 2024.
Estimated Average Forecasted Medtronic Price: 80.83. Positive monthly dynamics of the instrument is expected with 11.600% volatility is expected.

Pessimistic forecast: 76.39

Optimistic: 86.41


Medtronic stock forecast for Dec 2024.
Estimated Average Forecasted Medtronic Price: 84.87. Positive monthly dynamics of the instrument is expected with 9.699% volatility is expected.

Pessimistic forecast: 81.39

Optimistic: 90.14



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