Bullish Case: The unanimous panel vote on the safety of the Symplicity blood pressure procedure and fiscal Q1 revenue gains signal a promising growth trajectory for Medtronic[investingnews.com][fiercebiotech.com].


Show historical bullish cases

Bearish Case: Legal battles with Axonics, coupled with a split decision by an FDA panel on the benefit-risk profile of a major product, may hamper Medtronic's growth potential[investingnews.com][Reuters].


Show historical bearish cases

Takeaway: While Medtronic faces substantial legal and product hurdles, positive FDA decisions and the resolution of ongoing legal battles could fuel its growth potential. It is crucial to monitor these events[Helium].


Show historical takeaways

Potential Outcomes:

1) Resolution of the legal dispute with Axonics (probability rate: 50%). A positive resolution could secure Medtronic's current product margins[Reuters]. 2) FDA's final decision on the Symplicity System (65%). A favorable decision could open new revenue streams[investingnews.com]. 3) Adverse effects of potential product recalls (30%). This could lead to reputational damage and financial loss[Helium].


September 05, 2023


Medtronic Forecast

[MDT]  Medtronic
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING



Access MDT Forecasts + Optimized Trading Strategies.







MDT Balanced News:


Correlated Stock Forecasts

Assets that tend to move strongly with MDT



JACK Forecast + Options Trading Strategies   [JACK]  Jack In The Box (0.7)


PTLO Forecast + Options Trading Strategies   [PTLO]  Portillos (0.62)


TOST Forecast + Options Trading Strategies   [TOST]  Toast (0.49)


PHAT Forecast + Options Trading Strategies   [PHAT]  Phathom Pharmaceuticals (0.49)


MGK Forecast + Options Trading Strategies   [MGK]  Vanguard Mega Cap Growth (0.48)



Uncorrelated Stock Forecasts

Assets with little price relationship to MDT



UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.02)


SHLS Forecast + Options Trading Strategies   [SHLS]  Shoals (0.03)


SKYT Forecast + Options Trading Strategies   [SKYT]  SkyWater Technology (0.04)


ORGN Forecast + Options Trading Strategies   [ORGN]  Origin Materials (-0.04)


MGA Forecast + Options Trading Strategies   [MGA]  Magna International (-0.04)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MDT



AA Forecast + Options Trading Strategies   [AA]  Alcoa (-0.34)


SABR Forecast + Options Trading Strategies   [SABR]  Sabre (-0.37)


BL Forecast + Options Trading Strategies   [BL]  BlackLine (-0.39)


WMG Forecast + Options Trading Strategies   [WMG]  Warner Music (-0.44)


BNTX Forecast + Options Trading Strategies   [BNTX]  BioNTech SE (-0.55)


MDT News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent MDT News