Madis Mihkels (born 31 May 2003) is an Estonian racing cyclist, who currently rides for UCI WorldTeam Intermarché–Circus–Wanty. In 2023, he joined Intermarché–Circus–Wanty as a regular rider on a two-year contract after spending the late part of the 2022 season with the team as a stagiaire.

In October 2023, Mihkels and Belgian rider Gerben Thijssen were pulled by their team from the Tour of Guangxi, after Mihkels made a racist gesture. Mihkels pulled his eyes into slants, in a picture Thijssen posted on his Instagram.