Wall Street Eyes Intuitive Surgical Q4 Earnings As Stock Hits New Heights

Core Insights - Intuitive Surgical, Inc. is set to announce its fourth-quarter earnings, with Wall Street expecting an EPS of $1.79 and revenues of $2.25 billion [1] - The stock has increased by 63.75% over the past year and 16.06% year-to-date, reaching an all-time high of $615.99 [1][2] - The company is expanding its presence in southern Europe by acquiring da Vinci and Ion distribution businesses, which is seen as crucial for market understanding [2] Financial Performance - Analysts predict a consensus rating of "Buy" for Intuitive Surgical stock, with a price target of $478.48, indicating a potential upside of 5.23% [7] - The average price target from analysts is $636.67, suggesting further growth potential [7] Stock Performance and Technical Analysis - Intuitive Surgical stock is currently trading at $610.45, showing strong bullish momentum and remaining above key moving averages [4] - The MACD indicator at 16.28 and RSI at 76.65 indicate a strong upward trajectory, although the RSI suggests the stock may be approaching overbought levels [5] - Sustained technical strength indicates growing investor confidence, with momentum traders likely to remain engaged as long as the stock holds above key support levels [5][6]