20.7% Below Target

The consensus Wall Street price target for MDT is $95.8, representing 20.7% upside from the current price of $79.34. With 51 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

MDT has a consensus rating of "Buy" based on 51 Wall Street analysts. The rating breakdown is predominantly bullish, with 30 Buy/Strong Buy ratings. The consensus 12-month price target of $95.8 implies 20.7% upside from current levels.

With a forward P/E of 13.3096x, MDT trades at a relatively low valuation. The consensus target of $95.8 implies 20.7% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $119 for MDT, while the most conservative target is $80. The consensus of $95.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $151 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

MDT is heavily covered by Wall Street, with 51 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 29 have Buy ratings, 21 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month MDT stock forecast based on 51 Wall Street analysts shows a consensus price target of $95.8, with estimates ranging from $80 (bear case) to $119 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $115, with bear/bull scenarios of $72/$151.

Our quantitative valuation model calculates MDT's fair value at $115 (base case), with a bear case of $72 and bull case of $151. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 56/100.

MDT trades at a forward P/E ratio of 13.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 22.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on MDT, with a "Buy" consensus rating and $95.8 price target (20.7% upside). 30 of 51 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

MDT analyst price targets range from $80 to $119, a 41% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $95.8 consensus represents the middle ground. Our model's $72-$151 range provides an independent fundamental perspective.