ISRG

Intuitive Surgical, Inc.
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
404.90
▼ 1.58 (0.39%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
409.86
Prev close
406.48
Day high
409.29
Day low
402.00
Volume
1.65M
Market cap
$142.99B
P/E (TTM)
46.63
52W range
328.57 – 603.88

Day trading desk

Current session · delayed
Gap from prior close
+0.83%
Prior close 406.48
VWAP
405.02
-0.03% from price
Relative volume
0.78×
Normal
Session range
1.99%
402.00 – 409.99
Position in range
36%
Mid range
ATR (14D)
11.16
2.76% of price
Prior day high
407.63
PDH
Prior day low
389.11
PDL
Bid / ask spread
—
Quote not published
Session volume
2.27M
Avg 2.91M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-1.80% -3.7%
1M
+10.38% +9.2%
3M
-2.49% -7.0%
6M
-10.64% -28.8%
YTD
-28.53% -42.8%
1Y
-10.52% -26.9%
3Y
+38.48% -43.8%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on ISRG open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-4.87K
Net selling
Buy transactions
13
14.98K shares
Sell transactions
18
19.85K shares
Net transactions
+31
Buys less sells
Sell : buy shares
1.3 : 1
Mixed
Insider-held shares
1.81M
Total on file
Bought 14.98KSold 19.85K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 15, 26
WIDMAN FREDRIK
Officer
SELL 1.09K $407.76K Direct
Sep 15, 26
WIDMAN FREDRIK
Officer
CONVERSION 1.09K $102.93K Direct
Sep 11, 26
BROSIUS MARK PRESTON
Officer
SELL 48 $17.14K Direct
Sep 9, 26
BROSIUS MARK PRESTON
Officer
SELL 69 $24.67K Direct
Aug 21, 26
BROSIUS MARK PRESTON
Officer
SELL 154 $59.44K Direct
Aug 19, 26
BROSIUS MARK PRESTON
Officer
SELL 231 $90.78K Direct
Aug 11, 26
GUTHART GARY S
Director
SELL 10.00K $4.00M Indirect
Aug 11, 26
LADD AMY L
Director
SELL 472 $179.90K Direct
Aug 10, 26
LOEB GARY
Officer
SELL 400 $151.60K Direct
Jul 31, 26
BROSIUS MARK PRESTON
Officer
SELL 56 $19.54K Direct
Jul 29, 26
BROSIUS MARK PRESTON
Officer
SELL 84 $29.95K Direct
Jul 10, 26
ROSA DAVID J
Chief Executive Officer
— 1.91K — Direct
Jun 12, 26
BROSIUS MARK PRESTON
Officer
SELL 48 $19.83K Direct
Jun 10, 26
BROSIUS MARK PRESTON
Officer
SELL 69 $29.10K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BARRATT CRAIG H
Director — Conversion of Exercise of derivative security
CHARLTON HENRY L
Officer 11.61K Conversion of Exercise of derivative security
GUTHART GARY S
Director — Sale
JEDDI IMAN
Officer 33.11K Sale
JOHNSON AMAL M
Director 13.54K Conversion of Exercise of derivative security
MILLER BRIAN EDWARD
Officer 5.76K Sale
NACHTSHEIM JAMI DOVER K
Director 6.90K Conversion of Exercise of derivative security
ROSA DAVID J
Chief Executive Officer 246.86K Conversion of Exercise of derivative security
RUBASH MARK JEFFREY
Director 16.79K Conversion of Exercise of derivative security
SAMATH JAMIE E.
Officer 15.37K Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$142.99B
Enterprise value$137.91B
Revenue (TTM)$11.03B
Gross profit$7.36B
EBITDA$4.18B
Net income$3.14B
EPS (TTM)$8.68
Free cash flow$2.62B
Total cash$5.22B
Total debt$0
Book value / share$51.34
Shares outstanding353.28M
Float351.21M
Short % of float2.31%
Dividend yield0.00%
Beta (5Y)1.46

Valuation & profitability ratios

Account required
Trailing P/E46.63
Forward P/E33.46
PEG ratio1.89
Price / sales—
Price / book7.88
EV / revenue12.50
EV / EBITDA32.99
Gross margin66.68%
Operating margin33.60%
Profit margin28.45%
Return on equity17.42%
Return on assets10.51%
Debt / equity—
Current ratio4.96
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $10.06B$8.35B$7.12B$6.22B +20.5%
Operating revenue $10.06B$8.35B$7.12B$6.22B +20.5%
Cost of revenue $3.42B$2.72B$2.39B$2.03B +25.9%
Gross profit $6.64B$5.63B$4.73B$4.20B +17.9%
Research & development $1.31B$1.15B$998.80M$879.00M +14.5%
Selling, general & admin $2.38B$2.14B$1.96B$1.74B +11.4%
Total operating expense $3.70B$3.29B$2.96B$2.62B +12.5%
Operating income $2.95B$2.35B$1.77B$1.58B +25.4%
Net interest income $365.90M$324.90M$192.10M$29.70M +12.6%
Pre-tax income $3.31B$2.67B$1.96B$1.61B +23.8%
Tax provision $434.80M$336.30M$141.60M$262.40M +29.3%
Net income to common $2.86B$2.32B$1.80B$1.32B +23.0%
Basic EPS 8.006.545.123.72 +22.3%
Diluted EPS 7.876.425.033.65 +22.6%
EBIT $2.95B$2.35B$1.77B$1.58B +25.4%
EBITDA $3.62B$2.85B$2.22B$1.94B +27.2%
Basic shares 356.90M355.20M351.20M355.70M +0.5%
Diluted shares 362.70M362.00M357.40M362.00M +0.2%

Options analytics

Account required
Put / call volume
0.10
Call-heavy session
Put / call open interest
0.70
Positioning, not flow
Max pain
390.00
-3.6% from spot
ATM implied vol
45.2%
Nearest strike to spot
Skew (10% OTM)
+4.9%
Puts bid over calls
Call volume
1.32K
Contracts, this expiry
Put volume
128
Contracts, this expiry
Heaviest call OI
420.00
258 contracts
Heaviest put OI
370.00
376 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.502.80 +11.9%
Mar 2026 2.112.50 +18.7%
Dec 2025 2.272.53 +11.6%
Sep 2025 1.992.40 +20.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 2.64 23 $2.91B +16.0%
Next quarter 2.84 23 $3.21B +12.1%
Current year 10.78 27 $11.76B +16.8%
Next year 12.10 27 $13.26B +12.8%

Analyst targets & ownership

Account required
Mean target$477.21
High target$685.00
Low target$324.00
Implied upside17.86%
Analyst count29
ConsensusBUY
Strong buy / Buy7 / 17
Hold7
Sell / Strong sell1 / 0
Held by insiders0.51%
Held by institutions89.46%
Institutions holding3.13K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
404.10
+0.20% from price
SMA 20
392.09
+3.23% from price
SMA 50
382.38
+5.85% from price
SMA 100
393.98
+2.77% from price
SMA 200
445.71
-9.19% from price
EMA 12
400.08
+1.20% from price
EMA 26
392.62
+3.13% from price
EMA 50
389.89
+3.85% from price
RSI (14)
58.0
Neutral
MACD (12,26,9)
7.46
Hist 0.54
ATR (14)
11.16
2.76% of price
Realised vol 30D
27.5%
Annualised
Bollinger upper
425.76
20, 2σ
Bollinger lower
358.43
20, 2σ
50 / 200 cross
Death
382.38 vs 445.71
Trend bias
Below 200
-9.19%

Options chain

Account required
Expiry
Spot 404.90
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.92
Less volatile than market
Correlation to SPY
0.33
Loosely linked
Realised vol 30D
27.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-44.0%
Peak to trough
Max drawdown 5Y
-49.9%
Peak to trough
ATR 14
11.16
2.76% of price
Beta (reported)
1.46
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
8.12M
Prior 7.07M
Change vs prior
+14.8%
Shorts adding
% of float
2.31%
Normal
% of shares out
2.30%
Against total outstanding
Days to cover
3.6
Liquid
Float
351.21M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

437 on file
DateFirm ActionFromTo
Sep 8, 26 BTIG MAINTAINED Buy Buy
Aug 12, 26 Oppenheimer UPGRADE Perform Outperform
Jul 30, 26 HSBC DOWNGRADE Buy Hold
Jul 17, 26 Raymond James MAINTAINED Outperform Outperform
Jul 17, 26 Piper Sandler MAINTAINED Overweight Overweight
Jul 17, 26 JP Morgan MAINTAINED Overweight Overweight
Jul 17, 26 Mizuho MAINTAINED Neutral Neutral
Jul 17, 26 Wells Fargo MAINTAINED Overweight Overweight
Jul 17, 26 TD Cowen MAINTAINED Buy Buy
Jul 17, 26 Evercore ISI Group MAINTAINED In-Line In-Line
Jul 17, 26 RBC Capital MAINTAINED Outperform Outperform
Jul 17, 26 Stifel MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split3:1
Split dateOct 5, 2021

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.