Tiger Brokers

Intuitive Surgical's Top-line Results, Outlook Disappoints

Dow Jones
Jul 17

0947 GMT - Intuitive Surgical's second-quarter revenue print and forward guidance came in below expectations, Jefferies analysts write. The medical robotics group maintained its growth forecast for the use of its Da Vinci robot, disappointing investors who expected the company to raise its estimate, the analysts say. Moreover, growth in robot-assisted surgeries in the U.S. is slowing, as patients put off non-emergency surgeries following changes in insurance coverage, they say. Intuitive Surgical's balance sheet remains strong, while gross margins were wider than market consensus expected, the analysts note. They slightly lower their growth estimates for the company. Shares fall close to 11.5% premarket.(josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

July 17, 2026 05:48 ET (09:48 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10