Intuitive Surgical stock falls 2.3 percent after strong Q2

Published on 09/22/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intuitive Surgical stock closed at USD 393.01 on September 21, 2026, after a 2.3 percent fall. Q2 revenue reached USD 2.89 billion, up 18.5 percent year on year.

Börseneditorialbild mit Händlern in Businesskleidung vor großen digitalen Displays mit aufwärts gerichteten Kerzencharts des Medizintechniksektors, warmes Bernsteinlicht des Handelssaals — Intuitive Surgical US46120E6023 Börseneditorial zeigt NASDAQ Medizintechnik Wachstumschart mit Händlern im Handelssaal, Illustration mit AI erstellt.

Intuitive Surgical stock (ISIN US46120E6023) closed at USD 393.01 on Nasdaq on September 21, 2026, after falling 2.3 percent. The move followed a quarterly report in which revenue reached USD 2.89 billion, up 18.5 percent year on year, according to Yahoo Finance on September 21, 2026.

Revenue grows by 18.5 percent

The Q2 2026 figure exceeded analysts' expectations by 2.6 percent, while earnings per share also beat estimates, Yahoo Finance reported on September 21, 2026. The combination is important because the market reaction was negative despite the revenue beat, showing that expectations were already demanding for a premium-valued medical technology company.

MarketBeat lists the latest quarterly earnings per share at USD 2.80, compared with a consensus estimate of USD 2.48, a beat of USD 0.32 for the quarter reported on July 16, 2026. The same data show trailing earnings per share of USD 8.73 and a price-to-earnings ratio of 45.06 as of September 21, 2026, according to MarketBeat.

Valuation keeps the bar high

MarketBeat records a consensus price target of USD 508.68 and a Moderate Buy rating based on 22 buy ratings, 8 hold ratings and 1 sell rating as of September 21, 2026. Against the USD 393.33 closing reference used in that overview, the target implies approximately 29.3 percent upside, although the stock's 45.06 price-to-earnings ratio leaves less room for execution disappointments.

The valuation also contrasts with the current chart position. The 52-week range was USD 328.57 to USD 603.88, while the market capitalization stood at USD 138.95 billion and volume reached 4.93 million shares on the latest quoted session, according to MarketBeat data dated September 21, 2026. The shares therefore remained USD 210.55 below the 52-week high, a gap of about 34.9 percent.

Stock remains below its yearly high

Intuitive Surgical stock closed at USD 393.01 on Nasdaq on September 21, 2026. The report's 18.5 percent revenue growth and 2.6 percent estimate beat provide measurable operating support, but the 2.3 percent post-results decline shows that strong growth alone did not satisfy the market's expectations.