Intuitive Surgical's Q2 earnings exceeded estimates, driving a 0.9% stock rise to $479.99.
Intuitive Surgical's stock rose 0.9% to $479.99 after reporting Q2 earnings of $1.78 per share, exceeding estimates of $1.54, and revenue of $2.01 billion, a 14.5% increase year-over-year. Analysts project an EPS of 5.22 for the fiscal year. The stock holds a "Moderate Buy" consensus rating, with 15 buy ratings and 6 holds. Institutional investors have adjusted their positions, with significant purchases from various firms, including HCR Wealth Advisors and Caprock Group LLC.
September 09, 2024
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