Intuitive Surgical falls after lower-than-expected 2026 procedure forecast

Intuitive Surgical

14/01/2026 16:00

** Shares of medical device maker Intuitive Surgical ISRG.O fall 5.7% to $529.85

** ISRG expects global da Vinci procedures to increase 13% to 15% in 2026 from a year earlier

** JPMorgan says outlook is "a modest step below the +13% to 16% we had previewed"

** Truist says "expectation was for at least a 1% procedure beat, so in-line is a bit shy of that expectation"

** ISRG forecasts Q4 revenue of about $2.87 billion vs. analysts' estimates of $2.72 billion, according to LSEG data

** Co expects 2025 revenue to be about $10.06 billion vs. estimates of $9.92 billion

** As of last close, ISRG up 4.3% in the past 12 months

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))