Analysts expect ISRG to report $2.81 billion in revenue and $2.48 EPS amid a 30% year-to-date drop.
Intuitive Surgical (NASDAQ: ISRG) will release second-quarter earnings after markets close on July 16. The company’s stock has fallen over 30% this year despite a strong first-quarter performance, driven by broader market pressures and valuation concerns.
Analysts forecast revenue of $2.81 billion and earnings per share of $2.48. The company has surpassed earnings estimates in each of the past four quarters, bolstering expectations for another beat. Intuitive’s forward P/E multiple has compressed to 36x, down from its five-year average of 58x, offering a potential entry point for long-term investors.
Over 80% of Intuitive’s revenue comes from recurring sources, including instruments, accessories, and services, providing stability amid market volatility. The stock’s recent decline may present a buying opportunity if earnings align with or exceed expectations.