Boston Scientific Corporation · BSX · FY2024 Q4 · Calendar Q1 2025

Boston Scientific: Strong growth, with competition and pricing risks

The supplied analysis supports a constructive but qualified view: strong demand for pulsed-field ablation and Watchman, new product launches, international expansion, and acquisitions can support growth, but the outlook depends on execution amid competition, pricing pressure, regulatory timing, and integration demands.

Reported Before market openNYSEHealthcare $63.97B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $0.65
EPS surprise — Reported versus consensus
Reported revenue — Consensus $4.42B
Revenue surprise — Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +1.4% Event window
SPY move +0.4% Same window
Abnormal move +1.0% Stock minus SPY
Volume 1.7× Versus trailing sessions
Subsequent drift -4.0% Up to 20 sessions
BSXSPY benchmark

Ask FN2 about BSX FY2024 Q4

Transcript, numbers and history already loaded

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

The current analysis shifts the focus from the prior quarter’s raised outlook and early pulsed-field-ablation adoption to a maintained 2025 outlook backed by a larger product line, additional launches, international expansion, and a broader acquisition pipeline. It also adds clearer execution risks around competition, pricing, regulatory timing, and integration.

Guidance delta

Management maintained its 2025 outlook, with organic revenue growth of 10%–12% and adjusted EPS of $2.80–$2.87 in the supplied analysis.

Key takeaways

  • The supplied analysis describes Q4 organic growth of 20% and full-year organic growth of 16%, led by rapid adoption of the pulsed-field ablation platform and Watchman.
  • The pulsed-field ablation product line became a central growth engine, while Fairwave NAV and international expansion added support.
  • Management’s analysis points to continued margin expansion and free-cash-flow generation as part of the 2025 outlook.
  • The main offsets are rising competition, pricing pressure in China and Japan, regulatory timing, and acquisition integration.

Management priorities

  • Expand pulsed-field ablation adoption and pursue a persistent-atrial-fibrillation label expansion.
  • Roll out the integrated Fairwave NAV and OPAL mapping platform across U.S. and European sites.
  • Advance FerraPoint, the leadless pacemaker, and AcuPrime Valve programs.
  • Complete and integrate the Bolt Medical and Entera Oncology acquisitions.
  • Continue international expansion, including in China and Japan.

Follow BSX with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
BSX EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 3 future estimate-only quarters. Q1 '24 estimate $0.51 Q1 '24 actual $0.56, beat Q2 '24 estimate $0.58 Q2 '24 actual $0.62, beat Q3 '24 estimate $0.59 Q3 '24 actual $0.63, beat Q2 '25 estimate $0.72 Q2 '25 actual $0.75, beat Q3 '25 estimate $0.71 Q3 '25 actual $0.75, beat Q4 '25 estimate $0.78 Q4 '25 actual $0.80, beat Q1 '26 estimate $0.79 Q1 '26 actual $0.80, beat Q2 '26 estimate $0.83 Q2 '26 actual $0.86, beat Q3 '26 estimate $0.75 Q4 '26 estimate $0.89 Q1 '27 estimate $0.87
Show 1 more >

Analyst Consensus ?

ConsensusBuy44 ratings
Bullish3784.1%
Neutral715.9%
Bearish00.0%

Analyst 52W Price Targets

$44.14Previous close
$48Low
$72.95Average
$130High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 16, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Truist Securities Buy BuyMaintainOct 14, 2026
Citigroup Neutral NeutralMaintainOct 5, 2026
Wells Fargo Equal Weight Equal WeightMaintainSep 24, 2026
Oppenheimer Outperform OutperformMaintainSep 21, 2026
BTIG Buy BuyMaintainSep 9, 2026
Show 39 more rating actions

Named analyst price targets

Upside is calculated against the persisted previous close $44.14. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Truist FinancialAnalyst unavailable$51$42.84 +15.5%Oct 14, 2026
Mizuho SecuritiesAnalyst unavailable$55$43.84 +24.6%Oct 13, 2026
BarclaysAnalyst unavailable$48$42.19 +8.7%Oct 6, 2026
BernsteinLee Hambright$54$42.6 +22.3%Oct 3, 2026
Wells FargoLarry Biegelsen$48$44.62 +8.7%Sep 23, 2026
See 144 more

Track every rating change on BSX the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Boston Scientific Corporation (BSX) operates as a global leader in medical technology, specializing in the design, manufacturing, and commercialization of innovative medical devices tailored for a diverse array of interventional medical specialties across the globe. Its business is strategically organized into three principal segments: MedSurg, Rhythm and Neuro, and Cardiovascular. Within these divisions, the company provides a comprehensive portfolio of solutions addressing various gastrointestinal and pulmonary ailments, as well as urological and pelvic health concerns. This extends to advanced implantable devices for managing cardiac rhythm disorders, such as cardioverter-defibrillators, cardiac resynchronization therapy devices, and pacemakers, complemented by remote patient management systems. Furthermore, Boston Scientific offers sophisticated technologies for diagnosing and treating complex heart rate and rhythm irregularities.…

Historical context

All BSX earnings

Latest beats and misses

Who reports next

Get the BSX recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-01-30T14:58:50.847725+00:00
  3. Polygon adjusted daily market bars · 2026-10-16T11:10:41.876837+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-16T11:10:41.873990+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-16. For educational purposes only; not investment advice.