Why Medtronic Stock Dropped Today
Medtronic (NYSE: MDT) stock had declined 3.6% through 2:45 p.m. ET Tuesday despite beating forecasts for fiscal 2026 first-quarter earnings this morning.
Heading into the report, analysts predicted Medtronic would earn $1.23 per share on under $8.4 billion in first-quarter revenue. In fact, earnings were $1.26 per share, and sales approached $8.6 billion.
Image source: Getty Images.
Source Fool.com
Medtronic plc Stock
€85.08
-0.610%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 89 € there is a slightly positive potential of 4.61% for Medtronic plc compared to the current price of 85.08 €.
