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Medtronic (MDT) Competitors

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$92.74 -0.29 (-0.31%)
Closing price 08/18/2025 03:59 PM Eastern
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$95.22 +2.49 (+2.69%)
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MDT vs. DXCM, ISRG, ABT, JNJ, NVST, SYK, TMO, BSX, BDX, and IDXX

Should you be buying Medtronic stock or one of its competitors? The main competitors of Medtronic include DexCom (DXCM), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), Johnson & Johnson (JNJ), Envista (NVST), Stryker (SYK), Thermo Fisher Scientific (TMO), Boston Scientific (BSX), Becton, Dickinson and Company (BDX), and IDEXX Laboratories (IDXX). These companies are all part of the "medical" sector.

Medtronic vs. Its Competitors

Medtronic (NYSE:MDT) and DexCom (NASDAQ:DXCM) are both large-cap medical companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, media sentiment, profitability, analyst recommendations and risk.

In the previous week, Medtronic had 29 more articles in the media than DexCom. MarketBeat recorded 64 mentions for Medtronic and 35 mentions for DexCom. DexCom's average media sentiment score of 1.42 beat Medtronic's score of 1.20 indicating that DexCom is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
43 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
DexCom
27 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

82.1% of Medtronic shares are held by institutional investors. Comparatively, 97.8% of DexCom shares are held by institutional investors. 0.2% of Medtronic shares are held by insiders. Comparatively, 0.3% of DexCom shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Medtronic has a net margin of 13.90% compared to DexCom's net margin of 13.29%. DexCom's return on equity of 30.41% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.90% 14.54% 7.83%
DexCom 13.29%30.41%10.08%

Medtronic has higher revenue and earnings than DexCom. Medtronic is trading at a lower price-to-earnings ratio than DexCom, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$33.54B3.54$4.66B$3.6225.62
DexCom$4.03B7.86$576.20M$1.4456.13

Medtronic currently has a consensus target price of $98.19, indicating a potential upside of 5.88%. DexCom has a consensus target price of $99.89, indicating a potential upside of 23.60%. Given DexCom's stronger consensus rating and higher possible upside, analysts plainly believe DexCom is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
2.59
DexCom
0 Sell rating(s)
4 Hold rating(s)
15 Buy rating(s)
3 Strong Buy rating(s)
2.95

Medtronic has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500. Comparatively, DexCom has a beta of 1.43, indicating that its stock price is 43% more volatile than the S&P 500.

Summary

DexCom beats Medtronic on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MDT vs. The Competition

MetricMedtronicMED PRODUCTS IndustryMedical SectorNYSE Exchange
Market Cap$119.23B$10.78B$5.75B$20.95B
Dividend Yield3.05%1.90%3.90%3.59%
P/E Ratio25.6220.6730.8228.16
Price / Sales3.5431.20461.7658.32
Price / Cash12.0024.9525.2217.81
Price / Book2.473.459.524.57
Net Income$4.66B$209.94M$3.26B$993.62M
7 Day Performance0.70%3.25%3.42%0.59%
1 Month Performance3.46%12.74%5.27%1.43%
1 Year Performance9.33%-10.22%30.28%11.84%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.8171 of 5 stars
$92.74
-0.3%
$98.19
+5.9%
+9.6%$119.23B$33.54B25.6295,000Trending News
Dividend Announcement
Options Volume
DXCM
DexCom
4.8291 of 5 stars
$78.13
-0.9%
$99.89
+27.9%
+8.3%$30.69B$4.30B54.3510,300Positive News
Insider Trade
ISRG
Intuitive Surgical
4.7078 of 5 stars
$470.65
+0.1%
$595.95
+26.6%
+0.5%$168.77B$8.35B65.6615,638Positive News
ABT
Abbott Laboratories
4.9731 of 5 stars
$131.38
-2.2%
$144.47
+10.0%
+17.4%$228.54B$43.11B16.46114,000Positive News
JNJ
Johnson & Johnson
4.8404 of 5 stars
$173.70
+0.2%
$174.50
+0.5%
+10.6%$418.31B$90.63B18.58138,100Positive News
NVST
Envista
3.6596 of 5 stars
$20.29
+0.3%
$20.92
+3.1%
+15.8%$3.37B$2.51B63.4212,300
SYK
Stryker
4.8256 of 5 stars
$377.09
-0.1%
$430.10
+14.1%
+13.0%$144.28B$22.60B49.9853,000Positive News
TMO
Thermo Fisher Scientific
4.9603 of 5 stars
$461.34
+0.1%
$593.00
+28.5%
-19.2%$174.45B$43.21B26.72125,000Positive News
Analyst Forecast
BSX
Boston Scientific
4.7334 of 5 stars
$102.90
-0.2%
$117.50
+14.2%
+31.7%$152.41B$16.75B61.2353,000Positive News
BDX
Becton, Dickinson and Company
4.6518 of 5 stars
$192.09
-0.7%
$211.44
+10.1%
-17.4%$55.05B$21.39B34.5474,000Positive News
IDXX
IDEXX Laboratories
4.3306 of 5 stars
$652.56
-0.8%
$644.67
-1.2%
+29.6%$52.10B$4.04B54.2211,000Positive News
Analyst Revision

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This page (NYSE:MDT) was last updated on 8/19/2025 by MarketBeat.com Staff
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