Medtronic stock at USD 88.29 on September 28, 2026
Published on 09/28/2026 at 19:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Medtronic plc stock last traded at USD 88.29 on the NYSE at 17:03:35 UTC on September 28, 2026, down USD 0.35, or 0.39 percent, from the previous close.
Trading session
The regular-session quote was recorded while the market status was open. The price was separate from Medtronic's corporate announcements dated earlier in September.
MiniMed separation advances
On September 14, 2026, Medtronic announced that it had commenced an exchange offer to split off at least 80.1 percent of MiniMed Group, Inc. shares. Medtronic shareholders can exchange their ordinary shares for MiniMed common stock, subject to the offer's terms.
The offer provides for a 7.00 percent discount and an upper limit of 4.5939 MiniMed shares for each Medtronic ordinary share tendered and accepted. If the upper limit is not in effect, tendering shareholders are expected to receive approximately USD 107.53 of MiniMed stock for every USD 100.00 of Medtronic shares tendered, according to the company's release.
Fiscal 2027 first-quarter results
In its September 1, 2026 release, Medtronic reported fiscal 2027 first-quarter revenue of USD 9.756 billion for the three months ended July 31, 2026. GAAP diluted earnings per share were USD 1.14, while non-GAAP diluted earnings per share were USD 1.45.
Medtronic raised its fiscal 2027 organic revenue growth guidance to 7.25 percent to 7.75 percent and its diluted non-GAAP earnings-per-share guidance to USD 5.94 to USD 6.00.
