Medtronic Q4 Earnings Beat Expectations, Stock Rises 5.3%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: NASDAQ.COM
- Earnings Surprise: Medtronic reported Q4 2026 earnings of $1.55 per share, exceeding analyst expectations of $1.54, with sales reaching $9.8 billion, indicating strong profitability growth for the company.
- Accelerated Sales Growth: The quarter saw a 9.9% year-over-year sales increase, with 6.6% attributed to organic growth, marking the highest annual revenue growth in a decade, reflecting robust market demand recovery.
- Annual Performance Review: Although full-year sales grew 8.4% to $36.4 billion and earnings only increased by 3.3%, the accelerated growth in Q4 demonstrates the company's competitive strength and future potential in the market.
- Future Outlook: Medtronic forecasts about 7% organic sales growth for fiscal 2027, with non-GAAP profit expectations ranging from $5.90 to $6.00, indicating higher profitability growth ahead, despite management not providing GAAP earnings guidance.
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Analyst Views on MDT
Wall Street analysts forecast MDT stock price to rise
20 Analyst Rating
11 Buy
9 Hold
0 Sell
Moderate Buy
Current: 81.930
Low
102.00
Averages
111.76
High
120.00
Current: 81.930
Low
102.00
Averages
111.76
High
120.00
About MDT
Medtronic Public Limited Company is an Ireland-based company, which provides healthcare technology solutions. The Company’s products category includes Advanced Surgical Technology; Cardiac Rhythm; Cardiovascular; Digestive & Gastrointestinal; Ear, Nose & Throat; General Surgery; Gynecological; Neurological; Oral & Maxillofacial; Patient Monitoring; Renal Care; Respiratory; Spinal & Orthopedic; Surgical Navigation & Imaging; Urological; Product Manuals; Product Ordering & Inquiries; and Product Performance & Advisories. Its products include Cardiac Implantable Electronic Device (CIED) Stabilization, Aortic Stent Graft Products, CareLink Personal Therapy Management Software, CareLink Pro Therapy Management Software. Its services and solutions include Ambulatory Surgery Center Resources, Care Management Services, Digital Connectivity Information Technology (IT) Support, Equipment Services and Support, Innovation Lab, Medtronic Healthcare Consulting, and Office-Based Sinus Surgery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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