Boston Scientific Corporation (BSX)

NYSE: BSX · IEX Real-Time Price · USD
68.99
+0.97 (1.43%)
At close: Apr 23, 2024, 4:00 PM
70.00
+1.01 (1.46%)
Pre-market: Apr 24, 2024, 6:26 AM EDT
1.43%
Market Cap 101.41B
Revenue (ttm) 14.24B
Net Income (ttm) 1.57B
Shares Out 1.47B
EPS (ttm) 1.07
PE Ratio 64.48
Forward PE 30.31
Dividend n/a
Ex-Dividend Date n/a
Volume 9,064,621
Open 68.32
Previous Close 68.02
Day's Range 67.80 - 69.00
52-Week Range 48.35 - 69.21
Beta 0.79
Analysts Strong Buy
Price Target 68.04 (-1.38%)
Earnings Date Apr 24, 2024

About BSX

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through two segments, MedSurg and Cardiovascular. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions, such as resolution clips, biliary stent systems, stents and electrocautery enhanced delivery systems, direct visualization systems, digital catheters, and single-use duodenoscopes; devices to treat urological conditions, including ureteral stents, c... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date May 18, 1992
Employees 48,000
Stock Exchange NYSE
Ticker Symbol BSX
Full Company Profile

Financial Performance

In 2023, BSX's revenue was $14.24 billion, an increase of 12.29% compared to the previous year's $12.68 billion. Earnings were $1.57 billion, an increase of 144.55%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for BSX stock is "Strong Buy." The 12-month stock price forecast is $68.04, which is a decrease of -1.38% from the latest price.

Price Target
$68.04
(-1.38% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Boston Scientific's stock jumps 2.7% after earnings top estimates

Boston Scientific Corp.'s stock BSX, +1.43% rose 2.7% early Wednesday, after the medical tech company's first-quarter earnings beat analyst estimates. The company had net income of $495 million, or 33...

10 minutes ago - Market Watch

Boston Scientific Announces Results for First Quarter 2024

MARLBOROUGH, Mass. , April 24, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated net sales of $3.856 billion during the first quarter of 2024, growing 13.8 percent on a reported...

Other symbols: AXNX
18 minutes ago - PRNewsWire

FDA classifies recall of Boston Scientific device to treat hemorrhaging as 'most serious'

The U.S. Food and Drug Administration on Wednesday classified a recall of Boston Scientific's device used to block blood flow during excessive bleeding or hemorrhaging as most serious.

6 days ago - Reuters

Boston Scientific Initiates NAVIGATE-PF Study of the FARAWAVE™ Nav Pulsed Field Ablation Catheter and FARAVIEW™ Software Module

MARLBOROUGH, Mass. , April 8, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) has initiated the NAVIGATE-PF study of the FARAVIEW™ Software Module* when it is used to visualize and trac...

16 days ago - PRNewsWire

FTC seeks more information on Boston Scientific's $3.7 bln Axonics deal

Boston Scientific said on Thursday the U.S. Federal Trade Commission (FTC) has requested additional information from the medical device maker related to its $3.7 billion deal to buy Axonics.

Other symbols: AXNX
19 days ago - Reuters

Boston Scientific Announces Conference Call Discussing First Quarter 2024 Results

MARLBOROUGH, Mass. , April 1, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) will webcast its conference call discussing financial results and business highlights for the first quarter...

22 days ago - PRNewsWire

Axonics Stockholders Approve Merger Agreement with Boston Scientific

IRVINE, Calif.--(BUSINESS WIRE)--Axonics, Inc. (Nasdaq: AXNX) announced that its stockholders have voted today to adopt Axonics' merger agreement with Boston Scientific Corporation (NYSE: BSX). Accord...

Other symbols: AXNX
4 weeks ago - Business Wire

US FDA approves Boston Scientific's heart device

Boston Scientific said on Friday the U.S. Food and Drug Administration has approved its device to treat a complication of heart disease.

7 weeks ago - Reuters

Boston Scientific Receives FDA Approval for the AGENT™ Drug-Coated Balloon

First coronary drug-coated balloon in U.S. provides safe, effective alternative to treat coronary in-stent restenosis and reduce risk of reoccurrence MARLBOROUGH, Mass. , March 1, 2024 /PRNewswire/ --...

7 weeks ago - PRNewsWire

Boston Scientific Announces Completion of €2.0 Billion Offering of Senior Notes

MARLBOROUGH, Mass. , Feb. 27, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) (the "Company") today announced that American Medical Systems Europe B.V.

2 months ago - PRNewsWire

AXONICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Axonics, Inc. - AXNX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Axonics, Inc. (N...

Other symbols: AXNX
2 months ago - Business Wire

Should You Pick Boston Scientific Stock After A Solid Q4 And 13% Uptick This Year?

Boston Scientific BSX (NYSE: BSX) reported its Q4 results last month, with revenues and earnings comfortably beating the street estimates. The company reported revenue of $3.7 billion and adjusted ear...

2 months ago - Forbes

Boston Scientific Announces Pricing of €2.0 Billion of Senior Notes

MARLBOROUGH, Mass. , Feb. 22, 2024 /PRNewswire/ -- Boston Scientific Corporation (the "Company") (NYSE: BSX) today announced that American Medical Systems Europe B.V.

2 months ago - PRNewsWire

Boston Scientific to Participate in TD Cowen's 44th Annual Health Care Conference

MARLBOROUGH, Mass. , Feb. 5, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) will participate in TD Cowen's 44th Annual Health Care Conference on Wednesday, March 6, 2024.

2 months ago - PRNewsWire

Medical-device makers' stocks jump as procedures keep going strong

Shares of Stryker Corp. SYK, +7.67%, Boston Scientific Corp. BSX, +3.50% and other medical-technology companies jumped Wednesday as sustained demand for medical procedures brightened investors' outloo...

Other symbols: SYK
2 months ago - Market Watch

Boston Scientific's stock jumps 5.8% after earnings beat and upbeat guidance

Boston Scientific Corp.'s stock BSX, +0.18% jumped 5.8% early Wednesday, after it beat estimates for the fourth quarter and offered upbeat guidance for 2024. The Marlborough, Mass.

2 months ago - Market Watch

Boston Scientific beats quarterly profit estimates on strong demand for heart devices

Medical device maker Boston Scientific beat Wall Street expectations for fourth-quarter profit on Wednesday, helped by strength in its heart devices unit.

2 months ago - Reuters

FDA approves Boston Scientific's device for heart condition

Boston Scientific said on Wednesday the U.S. Food and Drug Administration has approved the company's device for a type of heart condition.

2 months ago - Reuters

Boston Scientific Announces Results for Fourth Quarter and Full Year 2023

MARLBOROUGH, Mass. , Jan. 31, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated net sales of $3.725 billion during the fourth quarter of 2023, growing 14.9 percent on a reported...

Other symbols: AXNX
2 months ago - PRNewsWire

Boston Scientific Receives FDA Approval for FARAPULSE™ Pulsed Field Ablation System

Strong clinical evidence base, largest volume of real-world use reinforce  safety, efficacy and efficiency advantages of the system MARLBOROUGH, Mass. , Jan. 31, 2024 /PRNewswire/ -- Boston Scientific...

2 months ago - PRNewsWire

AXONICS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Axonics, Inc. - AXNX

NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

3 months ago - PRNewsWire

Mirai Medical Welcomes Former Boston Scientific Executive, David A. Pierce, as Non-Executive Director

GALWAY, Ireland--(BUSINESS WIRE)--Mirai Medical, a cutting-edge medical technology start-up and leader in Pulsed Field Ablation (PFA) within the Gastrointestinal Tract, proudly welcomes David A. Pierc...

3 months ago - Business Wire

Health care stocks are back in favor and these 3 names could lead the rally, according to the charts

Here are three stocks in the health care sector that could provide further upside potential based on their improving technical characteristics.

Other symbols: AMGNSYK
3 months ago - CNBC

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Axonics, Inc.

NEW YORK , Jan. 8, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Axonics, Inc. (NASDAQ: AXNX) and its board of directors concerning the proposed acquisit...

Other symbols: AXNX
3 months ago - PRNewsWire

Axonics Stock Soars. It's Being Acquired By Boston Scientific In $3.7 Billion Deal.

The move will expand Boston's product portfolio in its urology business.

Other symbols: AXNX
3 months ago - Barrons