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BSX

Boston Scientific Corporation
$44.51
-2.35% Oct 21 close
Health CareS&P 500 CompareTechnicals
-59%-40%-21%-2%+17%Oct 2025Oct 2026Apr 2026
BSXSPY
1W
+3.5%
1M
+1.8%
3M
+3.6%
6M
-31.4%
YTD
-53.3%
1Y
-55.4%

Live chart

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What they do

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in two segments, MedSurg and Cardiovascular. It offers devices to diagnose and treat a range of gastrointestinal conditions, such as resolution clips, biliary stent systems.

Healthcare · Medical Devices

For information only · Important disclosures

Grades vs sector

Momentum
2nd percentile in sector
F
12-1 return: -56.7%
Percentile within its GICS sector across the S&P 1500.
Growth
45th percentile in sector
C
Revenue growth (YoY): +7.5%
Percentile within its GICS sector across the S&P 1500.
Value
69th percentile in sector
B
Forward E/P: 7.6% · EBITDA/EV: 7.4%
Percentile within its GICS sector across the S&P 1500.
Profitability
69th percentile in sector
B
Profit margin: +17.5% · Return on equity: +15.3%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
ranked 495 of 499 · 12-month momentum -50.5%
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Can Boston Scientific Stock Bounce Off This Support Again?
Trefis · 16h ago

Key stats

Market value$64.5B
P/E (last 12 months)18.0
P/E (next 12 months, estimated)13.2
52-week range$41.39 – $105.65
Revenue growth (latest quarter vs a year ago)+7.5%
Dividend yieldNo dividend
Analyst consensusBuy (28)
Average analyst price target$58.00 (+30%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks undervalued
Model read-out from the numbers below, not advice. Score +4 (DCF counts double).
▲DCF (base case)above the price by 111%
▲Forward P/E vs sector13.2x vs median 17.6x
▲Net debt / EBITDA0.8x
▲Analyst target+30% (28 analysts)

Discounted cash flow

Bear
$53
+18%
growth 7% · disc. 8.1% · term. 2.0%
Base
$94
+111%
growth 12% · disc. 7.1% · term. 2.5%
Bull
$167
+274%
growth 15% · disc. 6.1% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 1% a year for 10 years.
Implied
+1%/yr
FCF, last 3 yrs
+57%/yr
FCF, last 5 yrs
+26%/yr
Revenue, last 3 yrs
+17%/yr
Revenue, last 5 yrs
+15%/yr
Same inputs as the DCF above: trailing free cash flow 3.6B, 7.1% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.57 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Health Care

P/E (trailing)
sector median 29.9× · 20th pct
18.0×
cheaper
Forward P/E
sector median 17.6× · 31st pct
13.2×
cheaper
EV / EBITDA
sector median 15.8× · 29th pct
12.4×
cheaper
Price / sales
sector median 3.1× · 50th pct
3.1×
cheaper
Price / book
sector median 3.5× · 37th pct
2.6×
cheaper
FCF yield
sector median 4.1% · 69th pct
5.6%
cheaper

Forward EPS $3.38 vs trailing $2.47 (+37% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
69.9%
Operating margin
19.8%
FCF margin
17.3%
Net margin
–
Return on equity
–
Return on invested capital
13.5%
Net debt / EBITDA
0.8×
Current ratio
1.2×
Interest cover
11.4×
Cash conversion (OCF/NI)
–

Analysts

Mean target
$58
+30%
Analysts
28
Buy
Range
$44–$78
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$20.1B–$3.7B
2024$16.7B–$2.6B
2023$14.2B–$1.8B
2022$12.7B–$938.0M
2021$11.9B–$1.3B
2020$9.9B–$1.1B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +16.5%.

Earnings

Next report: 2026-10-28 · before open · EPS est 0.74
24-1025-0225-0425-0725-1026-0226-0426-070.000.86
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-07-290.830.86+3.9%
2026-04-220.790.80+1.6%
2026-02-040.780.80+2.4%
2025-10-220.710.75+5.1%
2025-07-230.730.75+3.4%
2025-04-230.670.75+11.5%
2025-02-050.660.70+6.6%
2024-10-230.590.63+7.0%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$5.4B+7.5%
2026-03-31$5.2B–
2025-12-31$5.3B–
2025-09-30$5.1B–
2025-06-30$5.1B–
Rating changes
Reiterated
2026-10-14 · Truist Securities reiterated Buy on BSX
Initiated
2026-10-07 · Barclays started covering BSX at Equal-Weight
Reiterated
2026-10-05 · Citigroup reiterated Neutral on BSX
Reiterated
2026-09-24 · Wells Fargo reiterated Equal-Weight on BSX
Reiterated
2026-09-21 · Oppenheimer reiterated Outperform on BSX
Downgrade
2026-09-17 · Citigroup downgraded BSX from Buy to Neutral

Third-party analyst actions, not Coteau's views. All rating changes

Insider trades
Morano Susan E
Director · 2026-08-25
Buy
$100.4K
Habiger David C
Director · 2026-08-05
Buy
$99.9K
Habiger David C
Director · 2026-08-04
Buy
$6.8K
Mahoney Michael F
Director, Chairman, President & CEO · 2026-08-03
Buy
$9.0M
Habiger David C
Director · 2026-08-03
Buy
$50.1K
Ludwig Edward J
Director · 2026-07-31
Buy
$227.4K
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–

Stats refreshed 2026-10-21 18:06:37 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026