Boston Scientific Corp.

Boston Scientific Corp.

BSX

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Market Cap$175.45B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Boston Scientific Corp.Boston Scientific Corp.20.3-14%3.70.4

Earnings Call Q1 2026

April 22, 2026 - AI Summary

Strong Q1 Performance: Boston Scientific reported an organic sales growth of 9.4% in Q1 2026, reaching total sales of $5.203 billion. Adjusted EPS was $0.80, marking a 6% increase year-over-year. Despite these solid results, growth was towards the high end of their prior guidance of 8.5% to 10%, indicating that while performance was favorable, expectations for the rest of the year have been tempered.
Revised Full-Year Guidance: The company lowered its full-year organic growth forecast to 6.5% to 8% due to emerging challenges and changes in business dynamics, reflecting unanticipated headwinds experienced in Q1. Similarly, the adjusted EPS forecast was revised to $3.34 to $3.41, which represents a growth of 9% to 11%, accounting for an estimated $0.04 impact due to foreign exchange rates.
Watchman and EP Business Deceleration: The WATCHMAN business, which saw exceptional growth of nearly 30% in 2025, is expected to decelerate, particularly in stand-alone procedures due to evolving practice patterns and stronger-than-anticipated concomitant growth. This change has resulted in pressure to their overall growth outlook for this segment. The leadership in the Electrophysiology (EP) space will also see a deceleration, leading to a lower growth forecast, with expectations of flat U.S. EP sales through Q2 to Q4 2026.

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$80.42

Target Price by Analysts

65.7% upsideBoston Scientific Target Price DetailsTarget Price
$97.41

Current Fair Value

100.6% upside

Undervalued by 100.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$175.45 Billion
Enterprise Value$184.95 Billion
Dividend Yield$- (-)
Earnings per Share$1.96
Beta0.62
Outstanding Shares1,484,900,000

Return

Return on Equity13.75%ROE
Return on Assets8.02%
Return on Invested Capital9.40%

Valuation & Multiples

P/E Ratio20.29P/E Ratio
PEG20.63PEG
Price to Sales3.73Price to Sales
Price to Book Ratio2.86Price to Book Ratio
Enterprise Value to Revenue8.97
Enterprise Value to EBIT49.44
Enterprise Value to Net Income51
Total Debt to Enterprise0.06
Debt to Equity0.43Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 22, 2026
EPS Estimate
$0.79
Average shareholder expectation
Revenue Estimate
$5.17 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 22, 2026
EPS Estimate
$0.84
Average shareholder expectation
Revenue Estimate
$5.40 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.3693 49.43%
Total Calls21,974,638 142.80%
Total Puts8,115,750 3.83%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %90.41% 1.74%
Total Invested$84.18B 35.23%
Investors Holding1,744 107.00%

ESG Score

No data

About Boston Scientific Corporation

45,000 employees
CEO: Michael F. Mahoney

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: MedSurg, Rhythm and Neuro, and Cardiovascular. The com...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and official revenue estimates for tax legislation. Its technical expertise and reports directly influence corporate tax structures and capital investment credits, which have a direct and significant impact on Boston Scientific's financial planning and profitability.

Finance

This powerful committee controls taxation, trade, and entitlement spending. Its decisions on corporate tax policy directly impact profitability, while its influence on Medicare pricing directly affects reimbursement for Boston Scientific's products, critically impacting revenue.

Appropriations

This committee directly allocates discretionary federal spending. Its decisions impact funding for federal healthcare programs (e.g., Medicare, Medicaid, NIH, VA) which are major payers for, and drivers of demand for, medical devices, directly affecting Boston Scientific's revenue.

Health, Education, Labor, and Pensions

This committee's regulation of the FDA is paramount for Boston Scientific. The FDA controls product approval, manufacturing standards, and market access for all medical devices, directly influencing the company's core operations and revenue streams.

Judiciary

This committee's oversight of antitrust laws and intellectual property is critical. Boston Scientific relies heavily on patents for its medical devices, and M&A activities are common in the industry, making antitrust review and IP protection directly relevant.

Veterans' Affairs

The Department of Veterans Affairs (VA) is a significant healthcare provider. Funding decisions and procurement policies overseen by this committee directly impact government healthcare contractors and medical device manufacturers like Boston Scientific that sell to the VA system.