Intuitive Surgical stock holds near $400 after Oppenheimer upgrade
Published on 08/14/2026 at 07:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Intuitive Surgical stock (ISIN US46120E6023) trades at $399.87 as of August 14, 2026, with a 52-week range of $328.57 to $603.88 and intraday market value of $143.261 billion. The move comes after a quote page showed the shares down 0.35% in early trading and an analyst upgrade landed on August 12, 2026.
Upgrade meets a stretched valuation
The same quote page showed a trailing P/E of 45.91 and forward P/E of 36.50, while revenue on a trailing basis stood at $11.03 billion and net income at $3.14 billion. That mix leaves the stock priced for continued growth even after a strong second quarter.
Analyst sentiment is still positive, with a 1y target estimate of $477.25 and a reported price-target high of $685.00 versus a low of $324.00. The gap between the current quote and the consensus target underscores how much of the growth story is already in the share price.
Q2 still sets the tone
Yahoo Finance’s company overview said Intuitive Surgical reported a strong Q2 2026 earnings beat, with revenue vs. earnings charts showing $2.89 billion in revenue and $818.1 million in earnings for Q2 FY26. The same page noted that management raised 2026 guidance and that 468 da Vinci system placements supported the quarter.
That matters because the stock’s latest rerating is tied less to one day’s tape and more to whether procedure growth can keep matching the company’s premium multiple. For investors, the key number is the spread between the current P/E of 45.91 and the forward P/E of 36.50.
Da Vinci remains the anchor
Intuitive Surgical’s da Vinci surgical system remains the core product, and the company’s platform also includes Ion and related instruments, accessories, and service offerings. The business model still depends on installed systems, procedure volumes, and recurring consumables tied to those procedures.
Price and market view
Shares were last shown at $399.87, with a market cap of $143.261 billion, on August 14, 2026. The stock is still trading well below its 52-week high of $603.88.
Fact box
Company: Intuitive Surgical, Inc.
ISIN: US46120E6023
Ticker: ISRG
Exchange: NasdaqGS - Nasdaq Real Time Price
Sector / Industry: Healthcare / Medical Instruments & Supplies
Price (as of August 14, 2026, 9:33 a.m. ET): $399.87 USD
Market cap: $143.261 billion (as of August 14, 2026)
Next earnings date: October 20, 2026
