Whales with a lot of money to spend have taken a noticeably bearish stance on Intuitive Surgical.Looking at options history for Intuitive Surgical (NASDAQ:ISRG) we detected 26 trades.If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 46% with bearish.From the overall spotted trades, 8 are puts, for a total amount of $592,362 and 18, calls, for a total amount of $1,256,190.What's The Price Target?Analyzing the Volume and O ...

Investors with a lot of money to spend have taken a bullish stance on Intuitive Surgical (NASDAQ:ISRG).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ISRG, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scann ...

Core Insights - Intuitive Surgical has seen a bearish sentiment from large investors, with 61% of trades being bearish and only 38% bullish [1] - The predicted price range for Intuitive Surgical's stock is between $480.0 and $650.0 over the last three months [2] - Recent options activity indicates significant interest in both call and put options, with a total of $251,378 in puts and $463,576 in calls detected [1] Options Activity - A total of 13 trades were detected, with 6 puts and 7 calls, indicating a mixed sentiment among investors [1] - Significant options trades include a bullish call with a total trade price of $108.0K at a strike price of $580.00 and a bearish call with a total trade price of $48.1K at a strike price of $650.00 [8] - The volume and open interest trends for options within the $480.0 to $650.0 strike price range have been monitored over the last 30 days, indicating liquidity and interest [3] Company Overview - Intuitive Surgical develops and markets a robotic system for minimally invasive surgery, with over 10,000 da Vinci systems installed globally [9][10] - The company has a strong presence in the U.S. with more than 6,000 installations and is expanding in emerging markets [9] Analyst Ratings - Analysts have issued a consensus target price of $569.2 for Intuitive Surgical, with individual targets ranging from $525 to $603 from various firms [11][12] - Truist Securities, BTIG, Raymond James, and Wells Fargo have all maintained positive ratings on the stock, indicating confidence in its future performance [12] Current Market Performance - The current trading volume for Intuitive Surgical is 514,806, with the stock price at $575.68, reflecting a slight decrease of -0.09% [14] - Current RSI values suggest that the stock may be overbought, indicating potential caution for investors [14]

Core Insights - Intuitive Surgical's stock has surged over 15% following strong Q3 results and positive guidance, reflecting rising demand for robotic-assisted surgical systems [1] Financial Performance - Q3 sales reached $2.5 billion, up from $2.03 billion year-over-year, exceeding estimates of $2.41 billion [2] - Revenue from instruments and accessories grew by 22%, indicating higher procedure volume and increased utilization per system [2] - Earnings per share (EPS) increased by 30% to $2.40, surpassing Q3 EPS expectations of $1.99 by 20% [3][4] Operational Highlights - Intuitive Surgical has exceeded earnings expectations for 11 consecutive quarters, with an average EPS surprise of 16.34% in the last four quarters [3][4] - There was a 20% increase in global surgeries using da Vinci robotic systems, enhancing precision in minimally invasive surgeries [5] - The company placed 427 da Vinci systems in Q3 2025, compared to 379 in the same quarter last year [7] Strategic Outlook - Full-year da Vinci procedure growth expectations have been raised to 17%-17.5% from 15.5%-17% [9] - Pro forma gross margin projections for the full year have been increased to 67%-67.5% from 66%-67% [9] - Total sales are expected to rise by 18% this year and another 12% in fiscal 2026, reaching $11.12 billion [10] Market Position - Intuitive Surgical has expanded its installed base to over 10,000 systems, enhancing recurring revenue from instruments and accessories [12] - The stock currently trades at a premium of 64X forward earnings, with potential for a buy rating if the rally continues [11]