Data as of:
brimindinvest.com / compare / ew-vs-mdtLIVE
EW
Edwards Lifesciences Corporation · Medical Devices
$89.90
+1.05% this month
VERSUS
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MDT
Medtronic plc · Medical Devices
$94.17
+9.51% this month
Comparison scoreboard
EW LEADS 4/5
AI Scorei
EW 41.4
MDT 40.3
1Y Returni
EW +10.69%
MDT +2.08%
Fwd P/Ei
EW 26.71
MDT 14.24
Target Up.i
EW +11.92%
MDT +8.34%
Op. Margini
EW 29.84%
MDT 22.05%
Metrics last refreshed: 9/6/2026
Quick take

EW vs MDT Stock Comparison: AI Score, Valuation, Performance and Upside

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Edwards Lifesciences and Medtronic both compete in the medical device industry, but Edwards Lifesciences concentrates on structural heart disease with a leading transcatheter aortic valve replacement franchise, while Medtronic operates as one of the largest, most diversified medical device makers with businesses spanning cardiac rhythm management, diabetes care, surgical robotics, and neuroscience.

Edwards Lifesciences offers a focused bet on structural heart therapy leadership, while Medtronic offers diversified, large-scale exposure across nearly every major medical device category. Consider whether you prefer Edwards' concentrated growth profile or Medtronic's diversified, scale-driven stability.

Live analysis · updated 9/6/2026

EW holds the edge across 4 of 5 key metrics in this comparison. EW has delivered stronger 1-year price return (+10.69% vs +2.08%), though MDT has the better forward P/E setup (14.24x vs 26.71x for EW). EW leads on both revenue growth (13.60%) and operating margin (29.84%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for EW (+11.92%) than for MDT (+8.34%).

Normalized 1Y performance
EW
MDT
Recent returns
EW
MDT
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

EW
Price target range
analyst mean$100.96
current price$89.90
+11.9% upside to analyst mean
MDT
Price target range
analyst mean$98.84
current price$94.17
+8.3% upside to analyst mean
Who should consider this stock?
EW may suit investors who:
  • Want concentrated exposure to structural heart disease therapy leadership
  • Believe transcatheter aortic valve replacement adoption has continued room to grow globally
  • Value deep clinical expertise focused on a specific therapeutic area
  • Are comfortable with revenue concentration risk in a single medical device category
MDT may suit investors who:
  • Prefer diversified, large-scale exposure across nearly every major medical device category
  • Value an extensive global distribution network and long-standing provider relationships
  • Believe surgical robotics and continuous glucose monitoring offer meaningful new growth avenues
  • Want a device company less dependent on any single product line's success
Performance & AI score
Performance & AI score
MetricEWMDT
AI scorei41.440.3
AI ranki#922#1037
Latest closei$89.90$94.17
1M returni+1.05%+9.51%
6M returni+7.16%+1.25%
1Y returni+10.69%+2.08%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodEWMDT
1Y ago$11.1K (+11.0%)
started 2025-09-04
$10.14K (+1.4%)
started 2025-09-04
5Y ago$7.37K (-26.3%)
started 2021-09-07
$8.89K (-11.1%)
started 2021-09-07
10Y ago$22.95K (+129.5%)
started 2016-09-06
$17.23K (+72.3%)
started 2016-09-06

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricEWMDT
Market capi$52B$116.77B
Trailing P/Ei53.7024.46
Forward P/Ei26.7114.24
Price/SalesiN/AN/A
EV/Revenuei7.463.78
Analyst targeti$100.96$98.84
Target upsidei+11.92%+8.34%
Growth, profitability & risk
Growth, profitability & risk
MetricEWMDT
Revenue growthi13.60%9.90%
Earnings growthi-25.40%18.30%
EPS growthi-25.40%+18.30%
FCF margini+18.92%+12.72%
Operating margini29.84%22.05%
Profit margini15.43%13.20%
ROIC proxyi9.18%9.84%
Return on equityi9.18%9.84%
Dividend yieldiN/A3.16%
Betai0.850.57
Debt/equityi6.5758.21
Current ratioi4.522.13
Quick ratioi3.451.36
Correlation

Over the past year, EW and MDT have moved weakly in the same direction (correlation of 0.31), based on daily returns.

1Y
0.31
-1.0+1.0
5Y
0.40
-1.0+1.0
10Y
0.50
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
EW max drawdowni13.19%
MDT max drawdowni30.00%
EW max wkly dropi7.40%
MDT max wkly dropi7.05%
5Y risk snapshot
EW max drawdowni54.32%
MDT max drawdowni45.10%
EW max wkly dropi30.43%
MDT max wkly dropi11.81%
10Y risk snapshot
EW max drawdowni54.32%
MDT max drawdowni45.10%
EW max wkly dropi30.43%
MDT max wkly dropi19.36%
Performance metrics by period
Performance metrics by period
PeriodMetricEWMDT
1YGrowthi+11.04%+1.42%
CAGRi+11.06%+1.42%
Volatilityi24.49%23.36%
Sharpe ratioi0.37-0.02
Sortino ratioi0.55-0.02
Max drawdowni13.19%30.00%
Current drawdowni5.55%10.61%
Avg drawdowni4.58%12.20%
Ulcer Indexi5.65%15.14%
Max daily dropi3.64%5.11%
Max wkly dropi7.40%7.05%
5YGrowthi-26.31%-21.38%
CAGRi-5.93%-4.71%
Volatilityi32.71%22.45%
Sharpe ratioi-0.15-0.30
Sortino ratioi-0.19-0.41
Max drawdowni54.32%45.10%
Current drawdowni31.21%21.73%
Avg drawdowni34.33%28.58%
Ulcer Indexi36.37%29.69%
Max daily dropi31.34%7.26%
Max wkly dropi30.43%11.81%
10YGrowthi+129.45%+34.73%
CAGRi+8.67%+3.03%
Volatilityi32.23%23.53%
Sharpe ratioi0.290.05
Sortino ratioi0.390.07
Max drawdowni54.32%45.10%
Current drawdowni31.21%21.73%
Avg drawdowni20.99%17.72%
Ulcer Indexi26.79%22.03%
Max daily dropi31.34%12.82%
Max wkly dropi30.43%19.36%
AI Prediction Signali
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EW
+2.8%BUY
MDT
+1.1%HOLD

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Business comparison
Business comparison
CategoryEWMDT
CompanyEdwards Lifesciences CorporationMedtronic plc
SectorHealthcareHealthcare
IndustryMedical DevicesMedical Devices
Core businessA medical technology company focused on structural heart disease and critical care monitoring, best known for pioneering transcatheter aortic valve replacement therapy used to treat heart valve disease without open-heart surgery.One of the world's largest medical device companies, with a broad portfolio spanning cardiac rhythm management, diabetes care, surgical robotics, and neuroscience devices sold to healthcare providers around the world.
Investor focusTranscatheter aortic valve replacement adoption growth and international expansion, structural heart pipeline progress, and competitive dynamics within the heart valve therapy market.Growth trends across its cardiac, diabetes, surgical, and neuroscience device segments, new product launches including surgical robotics and continuous glucose monitoring, and international revenue growth.
EW strengths
  • Pioneering position in transcatheter aortic valve replacement therapy established early leadership in a large, growing treatment category
  • Focused structural heart portfolio allows deep clinical expertise and sustained research investment in a specific therapeutic area
  • Critical care monitoring business provides diversification alongside its core structural heart franchise
MDT strengths
  • Massive scale and broad product diversification across cardiac, diabetes, surgical, and neuroscience devices provides multiple avenues for growth
  • Extensive global distribution network and long-standing healthcare provider relationships support new product adoption worldwide
  • Ongoing investment in surgical robotics and continuous glucose monitoring provides exposure to newer, faster-growing device categories
Risks to watch — EW
  • Faces increasing competition in transcatheter aortic valve replacement from other large medical device manufacturers
  • Revenue concentration in structural heart therapies creates exposure to procedure volume and reimbursement changes
  • New pipeline therapies must continue to gain regulatory approval and clinical adoption to sustain growth
Risks to watch — MDT
  • Sheer size and portfolio breadth can make it harder to generate the growth rates of more focused, smaller device competitors
  • Faces intense competition across nearly every device category it participates in from both large and specialized rivals
  • Must continue product innovation to defend share in surgical robotics and continuous glucose monitoring against newer entrants
Frequently asked questions
EW offers a focused bet on structural heart therapy leadership, while MDT offers diversified, large-scale exposure across nearly every major medical device category. The better choice depends on whether you prefer Edwards' concentrated growth profile or Medtronic's diversified, scale-driven stability.
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