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MMED Overview

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Intellectia

Loading chart...

High
19.050
Open
18.500
VWAP
18.33
Vol
1.95M
Mkt Cap
5.19B
Low
17.940
Amount
35.66M
EV/EBITDA(TTM)
--
Total Shares
280.81M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
MiniMed Group, Inc. is a global medical technology company that develops, manufactures, and markets a suite of solutions for the management of diabetes. The Company's fully integrated system addresses two key pain points for PWD: health outcomes and complexity of diabetes management. The MiniMed 780G is its flagship AID system, which consists of the components: the MiniMed 780G insulin pump, its second-generation insulin pump offering enhanced functionality and technological integration with other components of its 780G system; the Simplera Sync or Instinct CGM sensor, which are both easy-to-use, fully disposable, two-step insertion sensors; and its SmartGuard dosing algorithm technology, which automatically delivers basal insulin and auto-correction doses every five minutes based on sensor glucose readings and adapts to ongoing changes in user behavior patterns every night. For PWD that choose to manage their diabetes with MDI instead of an insulin pump, it offers Smart MDI system.
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Events Timeline

(ET)
2026-03-09
10:40:00
Honeywell Files Registration Statement for Aerospace Spinoff Planned in 2026
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2026-03-06 (ET)
2026-03-06
12:10:00
Medtronic's MiniMed Prices IPO at $20
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2026-03-06
11:40:00
Medtronic's Subsidiary MiniMed Prices IPO at $20
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2026-03-06
11:20:00
Medtronic's Subsidiary MiniMed Prices IPO at $20
select
2026-03-06
09:10:00
Medtronic's MiniMed Group to Begin Trading on March 6
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2026-03-05 (ET)
2026-03-05
20:50:00
Deal Priced Below Target Range of $25.00-$28.00
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News

PRnewswire
8.5
21:57 PMPRnewswire
PinnedMiniMed Completes IPO, Raising $538 Million
  • Successful IPO: MiniMed Group, Inc. completed its IPO on March 6, 2026, issuing 28 million shares at $20 each, raising approximately $538 million, which significantly strengthens the company's capital base for future growth initiatives.
  • Equity Structure Change: Following the IPO, Medtronic plc retains about 90.03% ownership of MiniMed, indicating Medtronic's strong control over MiniMed and potentially paving the way for a future split-off, which could impact strategic direction.
  • Strong Underwriter Lineup: The IPO was led by Goldman Sachs, BofA Securities, Citigroup, and Morgan Stanley, with several other reputable financial institutions involved, reflecting market confidence in MiniMed and its potential in the healthcare sector.
  • Clear Use of Proceeds: MiniMed intends to allocate part of the proceeds for general corporate purposes while using the remainder to repay intercompany debt owed to Medtronic, a move that will help optimize its financial structure and enhance financial flexibility.
renaissancecapital
8.5
03-06renaissancecapital
March IPO Market Starts Quietly with MiniMed's Launch
  • MiniMed IPO Performance: MiniMed Group (MMED) priced its IPO below expectations, raising $560 million at a $5.6 billion market cap, and despite holding a significant share in insulin delivery and continuous glucose monitoring markets, it faced competitive pressures, finishing down 8% on its first day.
  • Overall Market Performance: As of March 5, 2026, the Renaissance IPO Index is down 5.2% year-to-date, indicating weakness in the IPO market, while the S&P 500 remains flat, reflecting investor caution towards new public offerings.
  • SPAC Activity Overview: This week, alongside MiniMed, two SPACs, Kensington Capital VI and GalaxyEdge Acquisition, went public, both failing to generate investor enthusiasm with first-day returns of 0%, highlighting a lack of interest in blank check companies.
  • Robinhood Fund Performance: Although not included in the IPO count, Robinhood Ventures Fund I (RVI) raised $315 million in its listing but saw a 16% drop in its share price, indicating insufficient market confidence in new funds.
seekingalpha
8.5
03-06seekingalpha
MiniMed Group's IPO Debut Shows Weak Performance
  • IPO Financing Details: MiniMed Group raised $560 million through its IPO, yet opened at $19.05, reflecting a roughly 5% decline from the $20 offering price, indicating market caution regarding its prospects.
  • Stock Performance Fluctuations: On its debut, MiniMed's stock further dropped to $18.95 shortly after opening, reflecting investor concerns about its market positioning and future profitability, which could impact the company's future financing capabilities.
  • Market Valuation: Post-IPO, MiniMed is valued at $5.6 billion based on over 280.8 million shares outstanding, although this valuation fell short of market expectations, potentially limiting its future expansion plans.
  • CEO Statement: MiniMed CEO Que Dallara remarked that today marks a defining moment for MiniMed as a standalone public company during the Nasdaq opening, and despite the lukewarm market response, the company must focus on its future strategic development.
PRnewswire
8.5
03-06PRnewswire
MiniMed Group Begins Trading on Nasdaq Following IPO
  • Successful IPO: MiniMed Group commenced trading today on the Nasdaq Global Select Market under the ticker symbol 'MMED', marking the second largest IPO in Medtech history, which underscores strong market confidence in its future prospects.
  • Market Context: Despite challenges posed by geopolitical uncertainties, Medtronic successfully executed an oversubscribed offering, reflecting investor recognition of MiniMed's growth potential as a standalone entity.
  • Strategic Focus: This transaction enables MiniMed to operate with greater agility while supporting Medtronic's strategy to concentrate on long-term value creation opportunities that leverage its scale, synergies, and core competencies.
  • Leadership Acknowledgment: Medtronic's Chairman and CEO Geoff Martha congratulated the MiniMed team for their leadership and dedication, highlighting the determination and effort demonstrated in achieving this milestone.
PRnewswire
8.5
03-06PRnewswire
MiniMed Group Begins Trading on Nasdaq Under Symbol MMED
  • IPO Milestone: MiniMed Group begins trading today on the Nasdaq Global Select Market under the symbol 'MMED', marking a significant milestone as an independent public company, which is expected to enhance its market position in diabetes management.
  • Leadership Celebration: CEO Que Dallara rings the Nasdaq Opening Bell to celebrate this milestone, emphasizing the company's renewed focus on shaping the future of diabetes care, thereby reinforcing its leadership in the industry.
  • Innovative Product Strategy: MiniMed aims to provide a fully integrated insulin delivery system with connected devices designed to enhance user experience and simplify daily management for diabetes patients, which is expected to attract more users and increase market share.
  • Risk Advisory: While the IPO presents opportunities, MiniMed faces capital market risks and industry changes that could impact anticipated benefits, necessitating careful risk assessment by investors.
seekingalpha
8.5
03-06seekingalpha
MiniMed Group Prices IPO at $20 per Share
  • IPO Pricing: MiniMed Group has priced its initial public offering at $20 per share for 28 million shares, aiming to raise $560 million, reflecting strong market demand for diabetes care solutions.
  • Trading Schedule: The shares are expected to begin trading on Nasdaq on March 6, 2026, with the offering closing on March 9, 2026, indicating a swift move into the capital markets.
  • Equity Structure: Post-IPO, Medtronic is projected to retain approximately 90.03% ownership, which could drop to 88.70% if underwriters fully exercise their 30-day option, impacting Medtronic's control over MiniMed.
  • Use of Proceeds: MiniMed plans to utilize the IPO proceeds for general corporate purposes, repayment of intercompany debt to Medtronic, and payments related to asset transfers during the separation, demonstrating a strategic focus on financial optimization.
Wall Street analysts forecast MMED stock price to rise
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Wall Street analysts forecast MMED stock price to rise
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Valuation Metrics

The current forward P/E ratio for MiniMed Group Inc (MMED.O) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess MiniMed Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
Current PE
NaN
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
Current EV/EBITDA
NaN
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
Current PS
NaN
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Frequently Asked Questions

What is MiniMed Group Inc (MMED) stock price today?

The current price of MMED is 18 USD — it has decreased -2.65

What is MiniMed Group Inc (MMED)'s business?

MiniMed Group, Inc. is a global medical technology company that develops, manufactures, and markets a suite of solutions for the management of diabetes. The Company's fully integrated system addresses two key pain points for PWD: health outcomes and complexity of diabetes management. The MiniMed 780G is its flagship AID system, which consists of the components: the MiniMed 780G insulin pump, its second-generation insulin pump offering enhanced functionality and technological integration with other components of its 780G system; the Simplera Sync or Instinct CGM sensor, which are both easy-to-use, fully disposable, two-step insertion sensors; and its SmartGuard dosing algorithm technology, which automatically delivers basal insulin and auto-correction doses every five minutes based on sensor glucose readings and adapts to ongoing changes in user behavior patterns every night. For PWD that choose to manage their diabetes with MDI instead of an insulin pump, it offers Smart MDI system.

What is the price predicton of MMED Stock?

Wall Street analysts forecast MMED stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MMED is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MiniMed Group Inc (MMED)'s revenue for the last quarter?

MiniMed Group Inc revenue for the last quarter amounts to NaN USD, decreased

What is MiniMed Group Inc (MMED)'s earnings per share (EPS) for the last quarter?

MiniMed Group Inc. EPS for the last quarter amounts to USD, decreased

How many employees does MiniMed Group Inc (MMED). have?

MiniMed Group Inc (MMED) has 0 emplpoyees as of March 09 2026.

What is MiniMed Group Inc (MMED) market cap?

Today MMED has the market capitalization of 5.19B USD.