Analysts Cut Boston Scientific Price Targets to $112–$115 on EP Sales Miss

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RBC Capital cut the price target to $115 from $130 while maintaining Outperform rating after Q4 revenue of $5.29 billion and EPS of $0.80 beat estimates. Bernstein SocGen cut its target to $112 from $130 after a 6% electrophysiology sales miss and points to March 28’s CHAMPION-AF trial as the catalyst.

1. Q4 Financial Results

Boston Scientific reported Q4 2025 revenue of $5.29 billion, representing 12.7% organic year-over-year growth, and delivered EPS of $0.80, surpassing the $0.78 Wall Street estimate.

2. Analyst Price Target Cuts

RBC Capital lowered its price target to $115 from $130 while maintaining an Outperform rating, and Bernstein SocGen cut its target to $112 from $130, both citing mixed performance in key segments.

3. Electrophysiology Business Performance

US electrophysiology sales reached $606 million, a 6% shortfall to consensus, and Watchman device revenue missed by 2%, prompting analyst caution.

4. Upcoming Trial Catalyst

The CHAMPION-AF trial results, due March 28, are viewed as a pivotal catalyst that could influence Boston Scientific’s next phase of electrophysiology growth.

Sources

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