Intuitive Surgical Gains as Investors Appear to Position for Mid-July Earnings

Intuitive Surgical (ISRG) is up 4.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The immediate catalyst is not fully clear, but the move looks consistent with renewed buying ahead of the company’s July 16, 2026 second-quarter earnings call. This could be because investors are leaning on Intuitive’s strong first-quarter momentum, recent product updates, and continued confidence in procedure growth and da Vinci 5 adoption.

Details:

In the first quarter of 2026, revenue rose 23% to $2.77 billion, while combined da Vinci and Ion procedures increased 17%, showing continued demand for the company’s robotic-assisted care platforms.

System placements were also strong in the first quarter, including 232 da Vinci 5 placements, which supports the view that hospitals are still expanding or refreshing their installed base.

In May, the company highlighted new enhancements across da Vinci 5, simulation tools, and other workflow and reliability improvements, giving investors fresh reasons to focus on the product cycle.

Intuitive’s investor site lists its next earnings conference call for July 16, 2026, so part of today’s gain may reflect positioning ahead of another update on procedures, placements, margins, and guidance.

Sources:

Intuitive Surgical, Stock Analysis, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ISRG Insider Trading Activity

$ISRG insiders have traded $ISRG stock on the open market 35 times in the past 6 months. Of those trades, 0 have been purchases and 35 have been sales.

Here’s a breakdown of recent trading of $ISRG stock by insiders over the last 6 months:

GARY S GUTHART has made 0 purchases and 3 sales selling 27,300 shares for an estimated $14,475,672.
MYRIAM CURET (EVP & Chief Medical Officer) has made 0 purchases and 9 sales selling 8,185 shares for an estimated $4,036,984.
MARK BROSIUS (EVP & Chief Mfg and Supply Cha) has made 0 purchases and 15 sales selling 5,158 shares for an estimated $2,533,881.
IMAN JEDDI (SVP & GM da Vinci Platforms &) sold 5,625 shares for an estimated $2,365,593
AMY L LADD has made 0 purchases and 2 sales selling 619 shares for an estimated $291,886.
FREDRIK WIDMAN (VP Corporate Controller) has made 0 purchases and 3 sales selling 500 shares for an estimated $247,744.
GARY LOEB (EVP & Chief Legal and Complian) sold 400 shares for an estimated $169,656
PATRICIA L WADORS (SVP Chief Human Resources Offi) sold 220 shares for an estimated $109,936

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ISRG Hedge Fund Activity

We have seen 1,044 institutional investors add shares of $ISRG stock to their portfolio, and 957 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

J. STERN & CO. LLP removed 2,123,089 shares (-99.8%) from their portfolio in Q1 2026, for an estimated $978,722,798
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 1,205,349 shares (-89.8%) from their portfolio in Q1 2026, for an estimated $555,653,835
FMR LLC removed 1,100,283 shares (-16.7%) from their portfolio in Q1 2026, for an estimated $507,219,460
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,027,475 shares (+95.3%) to their portfolio in Q1 2026, for an estimated $473,655,700
TWO SIGMA INVESTMENTS, LP added 945,455 shares (+205.6%) to their portfolio in Q1 2026, for an estimated $435,845,300
HOLOCENE ADVISORS, LP added 880,745 shares (+552.4%) to their portfolio in Q1 2026, for an estimated $406,014,637
BARCLAYS PLC removed 642,570 shares (-28.8%) from their portfolio in Q1 2026, for an estimated $296,218,344

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ISRG Government Contracts

We have seen $272,040 of award payments to $ISRG over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

INTUITIVE DAVINCI ROBOT MAINTENANCE SERVICE: $172,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$ISRG Congressional Stock Trading

Members of Congress have traded $ISRG stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $ISRG stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 01/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ISRG Analyst Ratings

Wall Street analysts have issued reports on $ISRG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 01/23/2026

To track analyst ratings and price targets for $ISRG, check out Quiver Quantitative's $ISRG forecast page.

$ISRG Price Targets

Multiple analysts have issued price targets for $ISRG recently. We have seen 15 analysts offer price targets for $ISRG in the last 6 months, with a median target of $580.0.

Here are some recent targets:

Travis Steed from B of A Securities set a target price of $520.0 on 05/18/2026
Matt Miksic from Barclays set a target price of $651.0 on 04/23/2026
Ryan Zimmerman from BTIG set a target price of $574.0 on 04/22/2026
Mike Kratky from Leerink Partners set a target price of $573.0 on 04/22/2026
David Rescott from Baird set a target price of $610.0 on 04/22/2026
Adam Maeder from Piper Sandler set a target price of $580.0 on 04/22/2026
Richard Newitter from Truist Securities set a target price of $580.0 on 04/15/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.