Intuitive Surgical Stock Hits 52-Week Low as Recall, Competition Cloud Robot Surgery Growth
Intuitive Surgical shares dropped 6.67% to $420.06 on Monday, hitting a 52-week low after an FDA Class I recall and reduced 2026 procedure-growth forecasts. The company reported first-quarter revenue of $2.77 billion and adjusted earnings of $2.50 a share, both above estimates. Investors remain cautious amid new competition and regulatory scrutiny.