Q2 EPS Estimates for Intuitive Surgical Cut by William Blair

Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) - Equities researchers at William Blair lowered their Q2 2026 earnings estimates for Intuitive Surgical in a report issued on Wednesday, April 23rd. William Blair analyst B. Vazquez now forecasts that the medical equipment provider will post earnings per share of $1.88 for the quarter, down from their prior forecast of $1.91. The consensus estimate for Intuitive Surgical's current full-year earnings is $6.43 per share. William Blair also issued estimates for Intuitive Surgical's Q3 2026 earnings at $1.95 EPS and Q4 2026 earnings at $2.14 EPS.

ISRG has been the subject of a number of other reports. BTIG Research set a $560.00 price target on Intuitive Surgical and gave the stock a "buy" rating in a research note on Monday, April 14th. Raymond James raised their price target on Intuitive Surgical from $560.00 to $688.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Truist Financial lowered their price objective on Intuitive Surgical from $605.00 to $590.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Erste Group Bank lowered Intuitive Surgical from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Finally, Piper Sandler lowered their price objective on Intuitive Surgical from $670.00 to $575.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Five equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $598.95.

Intuitive Surgical Stock Down 0.7 %

Shares of ISRG traded down $3.53 during midday trading on Friday, reaching $511.36. 533,207 shares of the stock were exchanged, compared to its average volume of 1,613,382. Intuitive Surgical has a 12-month low of $367.39 and a 12-month high of $616.00. The firm has a 50 day simple moving average of $508.20 and a 200-day simple moving average of $533.13. The company has a market cap of $183.28 billion, a price-to-earnings ratio of 79.78, a P/E/G ratio of 5.85 and a beta of 1.55.

Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The medical equipment provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.10. Intuitive Surgical had a net margin of 27.81% and a return on equity of 14.55%. The firm had revenue of $2.25 billion for the quarter, compared to analysts' expectations of $2.19 billion. During the same period in the previous year, the company posted $1.50 EPS.

Hedge Funds Weigh In On Intuitive Surgical

A number of institutional investors have recently added to or reduced their stakes in the company. Bennett Selby Investments LP grew its holdings in shares of Intuitive Surgical by 3.9% in the fourth quarter. Bennett Selby Investments LP now owns 449 shares of the medical equipment provider's stock worth $234,000 after purchasing an additional 17 shares during the last quarter. Onefund LLC grew its holdings in shares of Intuitive Surgical by 1.9% in the fourth quarter. Onefund LLC now owns 947 shares of the medical equipment provider's stock worth $494,000 after purchasing an additional 18 shares during the last quarter. AlphaCore Capital LLC grew its holdings in shares of Intuitive Surgical by 4.2% in the fourth quarter. AlphaCore Capital LLC now owns 451 shares of the medical equipment provider's stock worth $235,000 after purchasing an additional 18 shares during the last quarter. LVW Advisors LLC lifted its stake in Intuitive Surgical by 1.3% in the fourth quarter. LVW Advisors LLC now owns 1,448 shares of the medical equipment provider's stock worth $756,000 after acquiring an additional 19 shares during the period. Finally, Wesbanco Bank Inc. lifted its stake in Intuitive Surgical by 1.6% in the fourth quarter. Wesbanco Bank Inc. now owns 1,216 shares of the medical equipment provider's stock worth $635,000 after acquiring an additional 19 shares during the period. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Intuitive Surgical news, EVP Brian Edward Miller sold 8,900 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $485.07, for a total transaction of $4,317,123.00. Following the sale, the executive vice president now directly owns 5,758 shares in the company, valued at approximately $2,793,033.06. This trade represents a 60.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Jamie Samath sold 269 shares of Intuitive Surgical stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $590.00, for a total transaction of $158,710.00. Following the completion of the sale, the chief financial officer now owns 3,282 shares in the company, valued at $1,936,380. This trade represents a 7.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,913 shares of company stock worth $15,981,143. Company insiders own 0.70% of the company's stock.

About Intuitive Surgical

Intuitive Surgical, Inc develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System that enables complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung.