How to Buy Boston Scientific Stock
Boston Scientific Corp
Boston Scientific is a medical device company located in Massachusetts, United States, which is part of the Healthcare sector, and is traded under the ticker BSX on the NYSE exchange.
Boston Scientific stock last closed at $95.12, down 0.14% from the previous day, and has increased 39.96% in one year. It has overperformed other stocks in the Medical Devices industry by 0.58 percentage points. Boston Scientific stock is currently +42.4% from its 52-week low of $66.80, and -11.24% from its 52-week high of $107.17.
At the moment, there are 1.48B BSX shares outstanding. The market capitalization of BSX is $140.38B. In the past 24 hours, 6.67M BSX shares were traded.
How to Buy Boston Scientific Stock
Not sure how to invest in Boston Scientific stock? Here's how.
- Choose where to buy Boston Scientific stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Boston Scientific stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Evaluate Boston Scientific stock: The Boston Scientific ticker symbol is BSX. Is Boston Scientific stock a good investment? Should you buy shares of BSX? How do BSX's underlying business fundamentals look? Do top analysts think Boston Scientific is a good buy? Why has BSX's stock price moved recently? (Hint: Our stock research website can help you figure out if BSX is a good stock to buy).
- Execute your BSX trade: Decide if you will purchase BSX shares at the current market price or use a limit order to purchase BSX shares at a given price.
- Monitor your BSX investment: Create a watchlist to important notifications about your new investment in Boston Scientific shares.
Step 1: Choose where to buy Boston Scientific stock
You will need an online brokerage account to access the NYSE market and buy BSX shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy BSX stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on a mobile trading app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Boston Scientific stock
Once you have figured out the best place to buy Boston Scientific stock, it's crucial to research their stock before you buy, so you truly understand the risk and opportunity.
Boston Scientific quick stats
Boston Scientific Due Diligence Checks
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on BSX's stock page.
Is BSX stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge BSX's true value.
Using relative valuations ratios:
- BSX may be overvalued based on its P/E ratio of 75.49x, relative to Medical Devices industry P/E ratio of 41.14x
- BSX could be overvalued based on its P/B ratio of 6.45x, relative to Medical Devices industry P/B ratio of 3.8x
- BSX could be overvalued based on its PEG ratio of 1.79x
You can do additional valuation analysis on BSX's stock here.
BSX Financial Health Summary
Positive Health Checks:
- BSX profit margin has gone up from 11% to 11.1% in the past year.
- BSX earnings of $2.60B is not sufficient to cover its interest payments.
- BSX's operating cash flow of $3.44B allows it to safely service it's debt of $10.75B.
- There are more short-term assets than short-term liabilities on the BSX balance sheet.
- Total BSX debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the BSX balance sheet.
- BSX has a relatively high debt to equity ratio of 0.8.
Is BSX stock a Buy, Hold, or Sell, according to analysts?
Out of 17 Wall Street analysts who monitor BSX, the consensus analyst rating on Boston Scientific is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest BSX Analyst Ratings
Jayson Bedford, a top 11% analyst from Raymond James maintains BSX with a strong buy rating and raises their BSX price target from $119.00 to $122.00, on Feb 6, 2025.
Raymond James's Jayson Bedford raised their price target on Boston Scientific (NYSE: BSX) by 2.5% from $119 to $122 on 2025/02/06. The analyst maintained their Strong Buy rating on the stock.
Boston Scientific reported its Q4 and FY 2024 earnings.
Bedford called the quarter "stellar."
The analyst detailed that high expectations into the print were exceeded and that management is "playing the guidance game well."
Overall, Bedford summed up, "Boston Scientific has emerged as one of the fastest growing, and most dynamic, companies in Med Tech."
Earnings Report
Boston Scientific reported:
For Q4 2024:
- EPS of $0.70, which beat the Zacks Consensus Estimate of $0.65 and Q4 2023's $0.55.
- Revenue of $4.56B, which beat the Zacks Consensus Estimate by 3.52% and Q4 2023's $3.73B.
For FY 2024:
- EPS of $2.51, up from FY 2023's $2.05.
- Revenue of $16.75B, up from FY 2023's $14.24B.
Management guided:
For Q1 2025:
- EPS of $0.66 to $0.68.
- 17% to 19% Y/Y revenue growth.
For FY 2025:
- EPS of $2.80 to $2.87.
- 12.5% to 14.5% Y/Y revenue growth.
Chairman & CEO Mike Mahoney commented: "2024 was one of the best years in the history of Boston Scientific, fueled by our innovative portfolio, the launch of our FARAPULSE™ Pulsed Field Ablation System as well as significant clinical achievements and commercial excellence across businesses and regions.
"We have a strong foundation for growth, and I am incredibly grateful for our talented global team and the opportunity to continue transforming the lives of millions of patients around the world."
Shagun Singh, a bottom 14% analyst from RBC Capital maintains BSX with a buy rating and raises their BSX price target from $105.00 to $116.00, on Feb 6, 2025.
Larry Biegelsen, a top 13% analyst from Wells Fargo maintains BSX with a strong buy rating and raises their BSX price target from $100.00 to $118.00, on Feb 6, 2025.
Joanne Wuensch, a top 6% analyst from Citigroup maintains BSX with a strong buy rating and raises their BSX price target from $107.00 to $122.00, on Feb 6, 2025.
Patrick Wood, a top 15% analyst from Morgan Stanley maintains BSX with a strong buy rating and raises their BSX price target from $100.00 to $120.00, on Feb 6, 2025.
You can dig deeper into what analysts are forecasting on the Boston Scientific stock forecast page.
BSX Technicals
BSX Earnings
Last year, BSX earnings were $1.85B. In the past five year, BSX's earnings have grown by -17.91% per year. This was slower than the Medical Devices industry average of 10.26%.
Last year, BSX revenue was $16.75B. During the past 5 year, BSX's revenue has increased by 9.3% per year. This was slower than the Medical Devices industry average of 9.92%.
Find out more about BSX's earnings and revenue performance here.
What are BSX insiders up to?
In the last 12 months, insiders at BSX have sold more shares than they have bought.
Michael F. Mahoney, Chairman President CEO of BSX, was the latest BSX insider to buy. They bought $970,201.86 worth of BSX stock on Apr 1, 2025.
Dig into more about who owns BSX stock here.
Does BSX stock generate passive income?
No, Boston Scientific doesn't provide an income stream by paying out dividends.
What do other traders have to say about BSX?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your BSX trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you want additional info about buying stocks on eToro, click the how to video below:
Step 6: Monitor your BSX investment
Now that you own some BSX stock, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to get notified of the latest news about your BSX stock.
BSX Feed
How to Buy Stock in Boston Scientific
To summarize, here are the 6 steps you need to take to buy Boston Scientific stock right now:
- Choose where to buy Boston Scientific stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Evaluate Boston Scientific stock
- Execute your BSX trade
- Monitor your BSX investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Boston Scientific, click the button below.
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