Intuitive Surgical (NASDAQ:ISRG) Given New $585.00 Price Target at TD Cowen

Intuitive Surgical (NASDAQ:ISRG) had its target price cut by TD Cowen from $660.00 to $585.00 in a research report report published on Wednesday morning,MarketScreener reports. They currently have a buy rating on the medical equipment provider’s stock.

Several other equities analysts also recently weighed in on ISRG. Wall Street Zen downgraded Intuitive Surgical from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Sanford C. Bernstein boosted their target price on Intuitive Surgical from $740.00 to $750.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Zacks Research downgraded Intuitive Surgical from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. The Goldman Sachs Group cut their target price on Intuitive Surgical from $714.00 to $609.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Finally, Argus cut their target price on Intuitive Surgical from $630.00 to $560.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $586.70.

Intuitive Surgical Stock Performance

NASDAQ ISRG opened at $483.62 on Wednesday. The company has a market cap of $171.75 billion, a P/E ratio of 58.62, a P/E/G ratio of 3.52 and a beta of 1.68. The business’s 50 day moving average price is $477.54 and its 200-day moving average price is $515.41. Intuitive Surgical has a fifty-two week low of $427.84 and a fifty-two week high of $603.88.

Intuitive Surgical (NASDAQ:ISRG) last released its earnings results on Tuesday, April 21st. The medical equipment provider reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.42. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.62 billion. Intuitive Surgical had a return on equity of 15.96% and a net margin of 28.15%.The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 EPS. As a group, equities analysts predict that Intuitive Surgical will post 8.16 EPS for the current year.

Insider Buying and Selling

In other Intuitive Surgical news, SVP Patricia L. Wadors sold 220 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $499.71, for a total value of $109,936.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Myriam Curet sold 421 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $494.96, for a total value of $208,378.16. Following the completion of the transaction, the executive vice president directly owned 409 shares in the company, valued at $202,438.64. This trade represents a 50.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,943 shares of company stock worth $17,279,568 over the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Intuitive Surgical

Several hedge funds have recently bought and sold shares of ISRG. Continuum Advisory LLC lifted its holdings in shares of Intuitive Surgical by 2.7% in the 1st quarter. Continuum Advisory LLC now owns 2,507 shares of the medical equipment provider’s stock worth $1,156,000 after buying an additional 65 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of Intuitive Surgical by 7.8% in the 1st quarter. Apollon Wealth Management LLC now owns 11,997 shares of the medical equipment provider’s stock worth $5,531,000 after buying an additional 864 shares during the period. Patton Fund Management Inc. purchased a new stake in shares of Intuitive Surgical in the 1st quarter worth $252,000. Princeton Global Asset Management LLC lifted its holdings in shares of Intuitive Surgical by 723.5% in the 1st quarter. Princeton Global Asset Management LLC now owns 560 shares of the medical equipment provider’s stock worth $258,000 after buying an additional 492 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Intuitive Surgical by 105.5% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,842 shares of the medical equipment provider’s stock worth $2,693,000 after buying an additional 2,999 shares during the period. Institutional investors own 83.64% of the company’s stock.

More Intuitive Surgical News

Here are the key news stories impacting Intuitive Surgical this week:

• Positive Sentiment: Q1 beat on top and bottom lines — Intuitive reported $2.50 non‑GAAP EPS vs. ~$2.08 expected and $2.77B revenue (≈23% YoY), which drove the immediate market rally. ISRG Stock Up as Q1 Earnings & Sales Beat Estimates on Procedure Growth
• Positive Sentiment: Procedure growth is the operational driver — combined da Vinci and Ion procedures grew meaningfully (da Vinci ≈16% and Ion ≈39% in Q1), supporting recurring consumables and service revenue. Intuitive Announces First Quarter Earnings
• Positive Sentiment: Company raised full‑year/procedure guidance — management modestly lifted its procedure-growth outlook for 2026, which investors read as validation that demand is holding. Intuitive Surgical Jumps 7% on Earnings Beat and Raised Full-Year Outlook
• Neutral Sentiment: Analyst reactions are mixed but active — several firms raised targets or reiterated Buys (Goldman, Baird), while others trimmed targets; net impact is more analyst attention and updated model assumptions. Analysts Boost Forecasts After Upbeat Q1
• Neutral Sentiment: Market volatility around the print — shares initially moved in after‑hours trading and then again on the next session as investors parsed the beat vs. the tone of guidance. Reuters: Intuitive Beats Quarterly Expectations
• Negative Sentiment: Guidance viewed as conservative by some — a few investors and writers note the raise was smaller than the quarter’s beat, and management flagged international headwinds; that tempers expectations for sustained upside. Why Robotics Giant Intuitive Surgical Dropped Despite Its Beat And Raise

About Intuitive Surgical

Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.

In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.