Intuitive Surgical's (ISRG, Financial) stock has received a revised price target from Baird analyst David Rescott, who has adjusted the target to $575, down from the previous $600. Despite this reduction, the analyst has maintained an Outperform rating on the shares.
The decision follows an update to the firm's financial model, prompted by the company's first-quarter performance. The results were influenced by the impact of tariffs, which were in alignment with initial expectations. Despite this, the company appears to have strategies in place to mitigate these effects effectively.
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 $609.15 with a high estimate of $700.00 and a low estimate of $470.00. The average target implies an upside of 27.24% from the current price of $478.74. 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 1.4% from the current price of $478.74. 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.
