Intuitive Surgical Inc. ($ISRG) Stock Forecast: Up 9.1% Today

What is Intuitive Surgical Inc.?

Intuitive Surgical Inc. (NASDAQ: ISRG) is a leading company in the field of robotic-assisted surgery, known for its innovative technologies that enhance surgical procedures.

Why is Intuitive Surgical Inc. going up?

ISRG stock is up 9.1% on Jul 19, 2024 19:06

• Intuitive Surgical (ISRG) experienced a strong bullish movement today following the release of their second-quarter earnings that surpassed expectations.
• The company reported strong revenue growth and robust procedures demand, which contributed to the positive market sentiment.
• Analysts have raised their price targets for ISRG, indicating a bullish outlook for the stock in the near future.
• The impressive performance of Intuitive Surgical in Q2 showcases its continued dominance in the medical device industry, driving investor confidence and pushing the stock price higher.

ISRG Price Chart

ISRG News

Why Is Intuitive Surgical Stock Trading Higher On Friday? - Intuitive Surgical ( NASDAQ:ISRG )

Intuitive Surgical Inc. ISRG stock is trading higher on Friday after the robotic-assisted surgery company reported second-quarter earnings that were better than expected.

https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39865125/intuitive-surgicals-resilience-amid-multiple-headwinds-analyst-predicts-strong-mome

Intuitive Surgical''s Q2 Earnings Beat Expectations with Strong Revenue Growth

Intuitive Surgical''s Q2 Earnings Beat Expectations with Strong Revenue Growth

https://www.gurufocus.com/news/2477126/intuitive-surgicals-q2-earnings-beat-expectations-with-strong-revenue-growth

Intuitive Surgical ( ISRG ) Q2 Earnings Beat, Procedures Robust

Intuitive Surgical's (ISRG) second-quarter results reflect a healthy demand for procedures. Higher pricing boosts procedure sales. An improvement in margins buoys well.

https://www.zacks.com/stock/news/2305419/intuitive-surgical-isrg-q2-earnings-beat-procedures-robust

ISRG Earnings: Intuitive Surgical Q2 profit jumps on strong revenue growth

Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) announced operating results for the second quarter of 2024, reporting higher revenues and adjusted profit. Second-quarter net profit, excluding one-off items, climbed […] The post ISRG Earnings: Intuitive Surgical Q2 profit jumps on strong revenue growth first appeared on AlphaStreet .

https://news.alphastreet.com/isrg-earnings-intuitive-surgical-q2-profit-jumps-on-strong-revenue-growth/

Netflix To Rally More Than 10%? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page . Evercore ISI Group boosted the price target for Netflix, Inc . (NASDAQ: NFLX ) from $700 to $710. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Netflix shares declined 0.7% to close at $643.04 on Thursday. See how other analysts view this stock. Keybanc increased the price target for Robinhood Markets, Inc . (NASDAQ: HOOD ) from $23 to $25. Keybanc analyst Alex Markgraff maintained an Overweight rating. Robinhood shares fell 5.6% to close at $22.83 on Thursday. See how other analysts view this stock. Stifel raised the price target for Intuitive Surgical, Inc . (NASDAQ: ISRG ) from $430 to $475. Stifel analyst Rick Wise maintained a Buy rating. Intuitive Surgical shares fell 2.4% to close at $416.14 on Thursday. See how other analysts view this stock. Piper Sandler … Full story available on Benzinga.

https://www.benzinga.com/news/24/07/39859847/netflix-to-rally-more-than-10-here-are-10-top-analyst-forecasts-for-friday

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Intuitive Surgical Inc. Price History

26.09.2023 - ISRG Stock was down 5.1%

• Intuitive Surgical stock had a bearish movement today.
• The mixed Q3 earnings could have contributed to the dip in stock price.
• The news of Portside Wealth Group LLC making a significant investment in ISRG could have influenced market sentiment.
• Overall, the market may have reacted negatively to the company's earnings and the uncertainty surrounding its future performance.

11.00.2024 - ISRG Stock was up 10.2%

• ISRG experienced a strong bullish movement.
• The overall market sentiment was positive.
• The CNN Money Fear and Greed index remained in the "Greed" zone.
• The S&P 500 gained ahead of inflation data and bank earnings later in the week.
• Possible reasons for the bullish movement:
• Investor optimism rising ahead of key inflation reports.
• Positive company news for ISRG.
• The overall positive sentiment in the market.
• The anticipation of upcoming bank earnings.

01.02.2024 - ISRG Stock was up 1.0%

• Despite facing a "hold" rating downgrade, Intuitive Surgical (ISRG) witnessed a notable bullish trend in the market.
• The downgrade might have caused some initial uncertainty among investors; however, the company's strong fundamentals and established market position likely brought reassurance to traders, resulting in the bullish movement.
• Investors possibly emphasized ISRG's long-term growth prospects and technological innovations, minimizing the impact of the short-term rating revision.
• The overall optimistic market sentiment surrounding ISRG's cutting-edge products and solutions could have outweighed the effects of the downgrade, propelling the stock price upwards.

12.09.2023 - ISRG Stock was down 5.5%

• The bearish movement in ISRG could be attributed to the unusual options activity, where a large position was taken with a bearish stance. This suggests that someone with significant resources is betting against the stock.
• The downgrade of ISRG to "Hold" by StockNews.com could have also contributed to the bearish movement. This downgrade might have caused some investors to lose confidence in the stock's potential.
• The completion of JD Sports' acquisition of ISRG might have had an impact on the stock's movement. While the acquisition could bring potential for growth, investors might be uncertain about the implications of the merger on ISRG's future performance.
• Despite the bearish movement, it's worth noting that ISRG had a positive change of +1.93% in the preceding trading day. This indicates that the stock has shown resilience and potential for upward movement in the market.

11.09.2023 - ISRG Stock was down 2.1%

• The completion of JD Sports' acquisition of ISRG may have caused the bearish movement. Despite the potential for growth mentioned in an article from FashionUnitedUK, investors may have concerns about the integration process and the impact on ISRG's future performance.
• The downgrade to "Hold" by StockNews.com, as mentioned in an article from Stocknews.com, could have contributed to the bearish movement. This downgrade may have led some investors to reevaluate their positions and sell off their shares.
• The overall market sentiment towards ISRG may have been influenced by the positive performance of other AI-related stocks, as mentioned in an article from The Motley Fool. Investors may have shifted their focus and capital towards these alternative investment opportunities, leading to a decline in ISRG's stock price.
• The slight increase in ISRG's stock price mentioned in an article from Zacks Commentary may be overshadowed by the bearish sentiment in the overall market, resulting in a net negative movement for the day.

21.09.2023 - ISRG Stock was up 5.8%

• Despite a slight dip in share price, Intuitive Surgical (ISRG) reported better-than-expected earnings in Q3 FY23.
• The article highlights the potential growth opportunities in the robotics sector, particularly in industrial and warehouse robotics, which could have positively impacted ISRG's bullish movement.
• The rise in gold prices and the fall in Dow Jones could have also contributed to investors seeking alternative investment options, such as ISRG.
• The concerns over regional conflicts and the plans to refill the largely drained SPR with another $6 million barrels of crude oil could have led investors to shift their focus towards more stable investments like ISRG.

02.10.2023 - ISRG Stock was up 5.1%

• 1. The bullish movement in ISRG could be attributed to the appointment of Sreelakshmi Kolli, executive vice president and chief digital officer at Align Technology, to its board of directors. This addition may bring fresh perspectives and expertise to the company, boosting investor confidence.
• 2. The unusual options activity on ISRG suggests that a large investor, whether an institution or a wealthy individual, has taken a bullish stance on the stock. This could indicate positive sentiment and potential future growth.
• 3. The overall market sentiment towards ISRG may have been influenced by the inclusion of ISRG in Cathie Wood's portfolio. As a renowned investor known for spotting disruptive trends, her investment in ISRG could have sparked interest and optimism among other investors.
• In summary, the bullish movement in ISRG today could be attributed to the appointment of a new board member, positive options activity, and the influence of Cathie Wood's investment. These factors collectively contribute to the positive sentiment surrounding the stock.

19.09.2023 - ISRG Stock was down 7.6%

• The bearish movement in ISRG today could be attributed to the following factors:
• 1. Earnings Report: Intuitive Surgical was expected to report higher year-over-year Q3 earnings. If the actual earnings fell short of expectations, it could have disappointed investors and led to a sell-off in the stock.
• 2. Consensus Estimate: The consensus estimate for ISRG's Q3 earnings was $1.41 per share. If the actual earnings came in lower than this estimate, it might have negatively impacted investor sentiment.
• 3. Procedure Volume Growth: The article mentions that earnings are likely to come in line with the consensus estimate, indicating that there might not have been any significant positive surprises. If the procedure volume growth, which is a key driver for Intuitive Surgical's business, did not meet expectations, it could have contributed to the bearish movement.
• 4. Options Trading: an article from CNBC suggests that traders were buying calls for a quick pop in ISRG, indicating a speculative trading strategy. If these traders did not see the expected price movement after the earnings report, they might have closed their positions, adding selling pressure to the stock.
• Overall, the bearish movement in ISRG today could be attributed to disappointing earnings, lack of positive surprises, lower-than-expected procedure volume growth, and speculative options trading.

19.06.2024 - ISRG Stock was up 5.9%

• Intuitive Surgical shares rose after receiving a Buy rating and a price target boost, showing positive sentiment and confidence in the company's future performance.
• The overall positivity towards the robotics sector, driven by advancements in automation and artificial intelligence, likely contributed to the bullish movement in ISRG stock.
• Concerns about system placement constraints were raised by a source, but the optimistic market outlook for innovative technologies and growth potential in the robotics industry overshadowed these issues, pushing the stock higher.

19.06.2024 - ISRG Stock was up 8.6%

• ISRG reported strong Q2 earnings, surpassing expectations and demonstrating robust demand for its procedures.
• The company's higher pricing strategy and improved margins have contributed to increased revenue and profit, driving investor confidence.
• Positive analyst outlook, including a price target increase and a Buy rating, have further boosted ISRG's stock price.
• The focus on robotics and automation advancements in various sectors, including healthcare, has also played a role in highlighting ISRG's position as a key player in the industry, attracting investor interest and driving the bullish market movement.

19.06.2024 - ISRG Stock was up 9.1%

• Intuitive Surgical (ISRG) experienced a strong bullish movement today following the release of their second-quarter earnings that surpassed expectations.
• The company reported strong revenue growth and robust procedures demand, which contributed to the positive market sentiment.
• Analysts have raised their price targets for ISRG, indicating a bullish outlook for the stock in the near future.
• The impressive performance of Intuitive Surgical in Q2 showcases its continued dominance in the medical device industry, driving investor confidence and pushing the stock price higher.

19.06.2024 - ISRG Stock was up 6.9%

• Intuitive Surgical saw a notable increase in its stock value after surpassing expectations in its second-quarter financial results, achieving a revenue of $2.01 billion, which exceeded projections by analysts.
• The optimistic earnings disclosure highlighted the company's robust performance and potential for expansion within the robotics sector, capturing the interest of investors.
• Despite the worldwide IT disruption impacting technology stocks, such as cybersecurity company Crowdstrike and Microsoft, Intuitive Surgical differentiated itself through its resilient financial outcomes, showcasing stability in volatile market conditions.
• Amidst the growing presence of artificial intelligence and automation across various sectors, Intuitive Surgical's state-of-the-art robotic systems remain at the forefront of transforming healthcare procedures, instilling investor confidence in the company's future growth trajectory.