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Morgan Stanley Remains Bullish on Intuitive Surgical (ISRG)
Yahoo Finance· 2025-10-03 10:27
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best medical stocks to buy now. Morgan Stanley analyst Patrick Wood maintained a Buy rating on Intuitive Surgical, Inc. (NASDAQ:ISRG) on September 29 and set a price target of $650.00. Intuitive Surgical, Inc. (ISRG): Among Billionaire Ken Fisher’s Healthcare Stock Picks with Massive Upside Potential The analyst based the optimistic rating on the company’s potential in the endoluminal robotics market, reasoning that the recent success of EndoQuest’s PA ...
SYK Stock Falls Despite Q2 Earnings & Sales Beat, '25 View Up
ZACKS· 2025-08-01 13:50
Core Insights - Stryker Corporation reported second-quarter 2025 adjusted EPS of $3.13, exceeding estimates by 2.3% and showing an 11.4% year-over-year improvement [2] - Total revenues reached $6.02 billion, beating estimates by 1.1% and reflecting an 11.1% year-over-year increase [3] - The company raised its 2025 EPS guidance to $13.45-$13.60 and expects organic revenue growth of 9.5-10% for the full year [10][15] Revenue Details - Revenues in the United States amounted to $4.55 billion, up 2.5% year over year, while international sales increased 6.8% to $1.47 billion [4] - The growth in revenue is attributed to strong demand across the product portfolio, particularly in MedSurg and Neurotechnology, which reported sales of $3.77 billion, up 17.3% year over year [6][10] Segmental Analysis - The Orthopedics segment reported sales of $2.25 billion, a 2% increase year over year, with organic growth of 9% [11] - The company completed the divestment of its U.S. spinal implants business in April, which will now be reported separately within orthopedics [5] Margins - Adjusted gross profit totaled $3.93 billion, up 13% from the previous year, with adjusted gross margin expanding 110 basis points to 65.3% [13] - Total operating expenses increased by 15.3% to $2.73 billion, while adjusted operating income rose 15.8% to $1.55 billion [13] Financial Update - Stryker ended the second quarter with cash and cash equivalents of $2.38 billion, an increase from $2.34 billion at the end of the first quarter [14] - Cumulative net cash provided by operating activities totaled $1.36 billion, compared to $837 million a year ago [14] Market Performance - Despite strong quarterly results, Stryker's shares fell 5.8% in after-hours trading on July 31, while the stock has risen 3.9% year to date [17] - The company noted significant growth in Mako robotic-assisted surgeries, with procedure volumes increasing by 27% year over year [16][18]