As Intuitive Surgical (ISRG, Financial) approaches its earnings announcement, the options market is showing heightened activity, with volumes reaching 1.6 times the usual level. Notably, call options are slightly outpacing put options, with a 9:8 ratio, indicating a bullish sentiment among investors.
The implied volatility for ISRG suggests that traders are preparing for significant price movement following the earnings release, with expectations of a swing around 6.9%, equating to approximately $32.77. This anticipated fluctuation contrasts with the stock's median movement of 3.6% over the last eight quarters.
Investors are closely monitoring these developments as they may signal market sentiment and potential stock volatility in response to the forthcoming earnings report.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for Intuitive Surgical Inc (ISRG, Financial) is $624.07 with a high estimate of $700.00 and a low estimate of $510.00. The average target implies an upside of 31.66% from the current price of $474.01. More detailed estimate data can be found on the Intuitive Surgical Inc (ISRG) Forecast page.
Based on the consensus recommendation from 33 brokerage firms, Intuitive Surgical Inc's (ISRG, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Intuitive Surgical Inc (ISRG, Financial) in one year is $485.45, suggesting a upside of 2.41% from the current price of $474.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Intuitive Surgical Inc (ISRG) Summary page.
