Boston Scientific Corporation · BSX · FY2025 Q1 · Calendar Q2 2025

Boston Scientific raises outlook as electrophysiology leads growth

The supplied analysis supports a constructive operating thesis: resilient demand in electrophysiology and a broader product and acquisition pipeline can sustain growth, while tariff offsets, China pricing, regulatory timing, and integration execution are the key tests.

Reported Before market openNYSEHealthcare $63.51B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $0.67
EPS surprise — Reported versus consensus
Reported revenue — Consensus $4.57B
Revenue surprise — Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +4.1% Event window
SPY move +1.5% Same window
Abnormal move +2.5% Stock minus SPY
Volume 1.2× Versus trailing sessions
Subsequent drift +5.8% Up to 20 sessions
BSXSPY benchmark

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Transcript intelligence

What changed

Relative to the prior-quarter analysis, the supplied current analysis shows a higher outlook, a stronger emphasis on tariff mitigation, and additional detail on product, clinical, acquisition, and manufacturing priorities.

Guidance delta

Raised, according to the supplied analysis; management lifted its full-year organic-growth and EPS outlook.

Key takeaways

  • The supplied analysis describes a strong quarter that exceeded the high end of guidance.
  • Electrophysiology, led by FARAPULSE and WATCHMAN, remains the central growth engine.
  • Management said tariff pressure would be offset through revenue upside, foreign-exchange benefits, and cost reductions.
  • Acquisitions and planned product launches expand the potential growth pipeline, but execution and regulatory timing remain important.

Management priorities

  • Expand FARAPULSE and WATCHMAN adoption.
  • Advance product launches and clinical programs, including Empower and Bolt Medical integration.
  • Continue international expansion while managing China pricing pressure.
  • Increase manufacturing capacity in the United States.

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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. Q4 '23 estimate $0.51 Q4 '23 actual $0.55, beat 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 $0.76 Q4 '26 estimate $0.89 Q1 '27 estimate $0.87
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Analyst Consensus ?

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

Analyst 52W Price Targets

$42.73Current
$48Low
$73.75Average
$130High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 10, 2026. Not an FN2 forecast.

Firm-level rating actions

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

FirmRatingPrior ratingActionDate
Citigroup Neutral NeutralMaintainOct 5, 2026
Wells Fargo Equal Weight Equal WeightMaintainSep 24, 2026
Oppenheimer Outperform OutperformMaintainSep 21, 2026
BTIG Buy BuyMaintainSep 9, 2026
TD Cowen Buy BuyMaintainAug 25, 2026
Show 39 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $42.73. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
BarclaysAnalyst unavailable$48$42.19 +12.3%Oct 6, 2026
BernsteinLee Hambright$54$42.6 +26.4%Oct 3, 2026
Wells FargoLarry Biegelsen$48$44.62 +12.3%Sep 23, 2026
OppenheimerSuraj Kalia$65$43.34 +52.1%Sep 21, 2026
BTIGMarie Thibault$56$44.98 +31.1%Sep 9, 2026
See 142 more

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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

Healthcare peers this season

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COO The Cooper Companies, Inc. FY2026 Q3 · Calendar Q3 2026 +2.7% -14.7% CooperCompanies beats expectations as inventory reduction weighs on vision revenue
MDT Medtronic plc FY2027 Q1 · Calendar Q3 2026 +4.3% +1.5% Medtronic raises FY27 outlook as growth broadens across platforms

Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-04-09T00:03:27.736600+00:00
  3. Polygon adjusted daily market bars · 2026-10-10T05:00:44.541667+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-10T05:00:44.538826+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 2026-10-10. For educational purposes only; not investment advice.