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Medtronic plc (MDT) is one of the world’s largest medical-technology companies, headquartered in Ireland with major operations in the U.S. With a market cap of $116.3 billion, the company develops and manufactures devices and therapies across areas like cardiac care, diabetes management, surgical technologies, and neurological disorders. Known for products such as pacemakers, insulin pumps, and surgical robotics systems, Medtronic serves hospitals, physicians, and patients globally.
MDT stock has surged marginally over the past year, trailing behind the S&P 500 Index ($SPX), which surged by 19.6% during the same period. Year-to-date, MDT has risen 12.9%, narrowing the gap between the index’s 16.5% advance.