Intuitive Surgical falls as tariff impact looms in 2026

ReutersSep 3, 2025 5:50 PM

Shares of medical device maker Intuitive Surgical ISRG.O fall 6.7% to $437.73

Company expects tariff impact to be higher in 2026, CFO Jamie Samath says at Wells Fargo Conference

ISRG is exploring ways to mitigate the impact, including leveraging its manufacturing footprint and suppliers - Samath

Company said in April U.S. tariffs will increasingly weigh on its business, disrupting operations in China and potentially eroding its competitive edge in contract talks with hospitals

Including session's moves, shares down 16% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Citi Raises Brent Crude Forecast to $150: Strait of Hormuz Risks Brew, How High Can Oil Prices Rise?

TradingKey - On April 26, Eastern Time, Citigroup raised its 2026 Brent crude oil price forecast to $150. Citing the deadlock in U.S.-Iran negotiations and the resulting persistent blockade of the Strait of Hormuz, Citi believes the situation in the Middle East has shifted from a short-term risk to a structural variable that could continuously disrupt global supply.

SanDisk Earnings Preview: AI Storage Drives Performance Surge, Valuations and Risks Rise

TradingKey - Storage chip manufacturer SanDisk (SNDK) will release its fiscal 2026 third-quarter results after the market close on Thursday, April 30. Market consensus expects revenue of approximately $4.65 billion and adjusted earnings per share (EPS) of about $14.30. SanDisk’s own guidance provided a revenue range of $4.4 billion to $4.8 billion and adjusted EPS of $12 to $14. By comparison, the company’s second-quarter revenue was $3.025 billion. The market will focus on whether enterprise storage demand driven by AI infrastructure can maintain its explosive growth and the sustainability of NAND price increases.

Positive US Tech Earnings Outlook and Easing US-Iran Tensions Drive Japan and South Korea Stocks to Record Highs Again

In early Asian trading on April 27, driven by positive earnings expectations for U.S. tech companies, demand for AI-related stocks such as chips and semiconductors surged, propelling Japanese and South Korean equity markets to record highs. The Nikkei 225 Index touched an intraday high of 60,348.83 points; as of press time, it was up 0.7% at 60,135.21 points. South Korea's KOSPI Index reached a session high of 6,603.01 points and remained up 1.66% at 6,583.07 points as of press time.

Tesla Stock Forecast: How Much Will TSLA Stock Be Worth in 2030? Can It Hit $3,000?

Explore the Tesla stock forecast for 2030. This analysis covers TSLA’s pivot to AI, Robotaxis, and Optimus robotics, evaluating bull and bear cases for the $3,000 price target. Gain insights into market cap projections and key growth drivers for long-term investors.

SK Hynix Stock Price Surpasses 1.22 Million Won, Hits Record High

TradingKey - On April 21, Beijing time, SK Hynix shares rose nearly 5% during Tuesday’s intraday trading, with the stock price exceeding 1.22 million KRW for the first time to hit an all-time high. The KOSPI index also refreshed its record, reaching 6,355.39 points during the session. The global memory chip industry is currently in a long-cycle upswing, and SK Hynix is one of the primary beneficiaries.

Featured Tools