These Analysts Decrease Their Forecasts On Intuitive Surgical After Q1 Earnings – Intuitive Surgical (NASDAQ:ISRG)

Intuitive Surgical Inc ISRG reported better-than-expected first-quarter monetary outcomes Tuesday after the bell.

Intuitive Surgical reported first-quarter income of $2.25 billion, beating analyst estimates of $2.19 billion, in keeping with Benzinga Professional. The robotic-assisted surgical procedure firm reported first-quarter adjusted earnings of $1.81 per share, beating analyst estimates of $1.72 per share.

“Core measures of our enterprise have been wholesome this quarter, and we’re happy by continued buyer adoption of our platforms, together with da Vinci 5. As we glance forward, we stay targeted on enabling our clients to ship on their targets: higher affected person outcomes, improved affected person and care group experiences, decrease complete price to deal with, and elevated entry to care,” mentioned Gary Guthart, CEO of Intuitive Surgical.

Intuitive Surgical expects full-year 2025 worldwide da Vinci procedures to extend roughly 15% to 17%. The corporate expects gross revenue margin to be between 65% and 66.5% of income in 2025, which incorporates an estimated 1.7% influence from tariffs.

Intuitive Surgical shares gained 3% to commerce at $492.96 on Wednesday.

These analysts made adjustments to their value targets on Intuitive Surgical following earnings announcement.

• Baird analyst David Rescott maintained Intuitive Surgical with an Outperform ranking and lowered the worth goal from $600 to $575.
• Evercore ISI Group analyst Vijay Kumar maintained the inventory with an In-Line ranking and lowered the worth goal from $510 to $470.
• Piper Sandler analyst Adam Maeder maintained Intuitive Surgical with an Chubby ranking and lowered the worth goal from $670 to $575.
• Truist Securities analyst Richard Newitter maintained the inventory with a Purchase ranking and minimize the worth goal from $605 to $590.
• RBC Capital analyst Shagun Singh maintained Intuitive Surgical with an Outperform ranking and lowered the worth goal from $630 to $605..

Contemplating shopping for ISRG inventory? Right here’s what analysts suppose:

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