Intuitive Surgical (ISRG) Tops Q2 EPS by 24c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to Intuitive Surgical (ISRG) Tops Q2 EPS by 24c
July 19, 2024 6:31 AM EDT
RBC Capital analyst Shagun Singh reiterated an Outperform rating and $475.00 price target on Intuitive Surgical (NASDAQ: ISRG)
The analyst comments "ISRG reported Q2'24 results, delivering upside surprise of 2% on sales driven by better-than-expected procedure volume growth (+17% vs. +15.5%) and system placements (341 vs. 318);... More
July 19, 2024 5:07 AM EDT
Evercore ISI analyst Vijay Kumar lowered the price target on Intuitive Surgical (NASDAQ: ISRG) to $410.00 (from $425.00) while maintaining a In Line rating.
The analyst comments "Thesis Update: ISRG grew total rev by 14.5%, beating ST by ~190 bps this was driven by ~16% consumable rev growth, ~14% system and ~10% service rev growth. Consumable was driven by ~17% procedures growth (Beat ST by ~150 bps), and the CAGR vs 2019 being consistent QoQ. US procedures grew 14% despite bariatric declining -MSD (vs flat in 1Q24 & +10% in 4Q23), driven by strength in Ion (>80% growth) & general surgery. International came in better... More
July 19, 2024 4:58 AM EDT
BTIG analyst Ryan Zimmerman raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $469.00 (from $459.00) while maintaining a Buy rating.
The analyst comments "We reiterate our Buy and raise our PT to $469 (from $459) following 2Q24 results. ISRG reported revenue of $2.009B (14.5% Y/Y) and adj. EPS of $1.78 vs. BTIG/Cons. estimates of $1.95B/$1.97B and adj. EPS of... More
