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ISRG
Benzinga
118 days

These Analysts Lower Their Forecasts On Intuitive Surgical After Q1 Earnings

1. ISRG reported Q1 revenue of $2.25 billion, surpassing estimates. 2. Earnings per share reached $1.81, exceeding analyst predictions. 3. CEO highlighted healthy business measures and customer platform adoption. 4. Expected da Vinci procedures to grow 15% to 17% in 2025. 5. Analysts adjusted price targets lower despite strong Q1 results.

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FAQ

Why Bullish?

Despite lowered price targets, ISRG's strong earnings indicate solid company performance. Historical precedent shows that positive earnings can mitigate the effects of target reductions.

How important is it?

Strong quarterly performance suggests resilience and growth potential, making it relevant for ISRG investors.

Why Short Term?

Strong quarterly results likely to influence stock prices in the immediate term. Analysts' revisions could cause volatility but won't impact growth narrative.

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