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Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums

Intuitive Surgical (ISRG) Stock Forecast, Price & News

$312.18
+1.64 (+0.53%)
(As of 06/2/2023 ET)
Compare
Today's Range
$308.82
$313.47
50-Day Range
$249.49
$313.62
52-Week Range
$180.07
$317.81
Volume
1.28 million shs
Average Volume
1.27 million shs
Market Capitalization
$109.39 billion
P/E Ratio
85.30
Dividend Yield
N/A
Price Target
$301.25

Intuitive Surgical MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
3.5% Downside
$301.25 Price Target
Short Interest
Healthy
0.75% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
0.61mentions of Intuitive Surgical in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$17.97 M Sold Last Quarter
Proj. Earnings Growth
16.74%
From $4.30 to $5.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Medical Sector

57th out of 983 stocks

Surgical Appliances & Supplies Industry

4th out of 20 stocks


ISRG stock logo

About Intuitive Surgical (NASDAQ:ISRG) Stock

Intuitive Surgical, Inc. is a leading medical technology company specializing in robotic-assisted surgical systems. Founded in 1995, the company's mission is to improve patient outcomes through the use of innovative technology and minimally invasive surgical techniques. Headquartered in Sunnyvale, California, Intuitive Surgical operates globally, serving healthcare professionals and patients in over 60 countries.

Intuitive Surgical's flagship product is the da Vinci Surgical System, a robotic platform that enables surgeons to perform complex procedures with enhanced precision, control, and visualization. The system consists of robotic arms controlled by the surgeon, along with a high-definition 3D camera and specialized surgical instruments. This advanced technology allows for smaller incisions, reduced scarring, shorter recovery times, and improved clinical outcomes.

The company's target market primarily includes hospitals and surgical centers specializing in urology, gynecology, general, and thoracic surgery. Intuitive Surgical has established itself as a leader in these fields and has a strong customer base, including prestigious medical institutions and renowned surgeons. The company's dedication to innovation and patient care has garnered numerous accolades, including recognition as one of Fortune's "World's Most Admired Companies" in the healthcare industry.

Intuitive Surgical is led by an experienced management team committed to driving the company's growth and maintaining its position as a leader in surgical robotics. Dr. Gary Guthart is the Chief Executive Officer and has been instrumental in guiding the company's strategic direction. Under his leadership, Intuitive Surgical has expanded its product portfolio, entered new markets, and achieved remarkable financial success.

Intuitive Surgical has consistently delivered strong financial performance over the past few years. The company's revenue has experienced steady growth, reaching $6.22 billion in the latest fiscal year. With a strong focus on operational efficiency, Intuitive Surgical has maintained healthy profit margins, enabling it to invest in research and development and expand its market reach.

The company has a solid balance sheet with manageable debt levels. This provides stability and financial flexibility for future investments and acquisitions. Intuitive Surgical's financial performance is notably impressive compared to industry benchmarks, reflecting its strong market position and competitive advantage.

Intuitive Surgical commands a premium compared to its industry peers. The company's price-to-earnings ratio, a commonly used valuation measure, is higher than average due to its strong growth prospects and dominant market position. Investors have recognized the company's innovation and potential for long-term success, contributing to its higher valuation.

Intuitive Surgical has exhibited remarkable stock performance in recent years. The company's share price has experienced significant growth, reflecting investor confidence in its business model and growth potential. Notably, the stock has outperformed broader market indices and many of its industry peers.

Intuitive Surgical operates in the rapidly evolving field of surgical robotics, which is transforming the healthcare landscape. The industry is characterized by intense competition, with major players including Medtronic, Johnson & Johnson, and Stryker Corporation. These companies continually invest in research and development to enhance their robotic surgical systems and expand their market presence.

Regulatory and political factors also play a significant role in the industry. Government agencies, such as the U.S. Food and Drug Administration (FDA), regulate the approval and safety of robotic surgical systems. Changes in regulations or introducing new policies can impact the industry landscape and market access for companies like Intuitive Surgical.

Despite the competitive landscape, Intuitive Surgical maintains a solid competitive advantage. The company's pioneering da Vinci Surgical System has established a dominant position in the market, with a large installed base worldwide. This gives Intuitive Surgical a significant edge in terms of customer loyalty and brand recognition. Additionally, the company's focus on continuous innovation and product development enables it to stay ahead of the competition.

Acquisitions and strategic partnerships offer growth opportunities for Intuitive Surgical. The company has a strong balance sheet enabling it to pursue strategic acquisitions that complement its existing product portfolio or provide access to new markets. Collaborating with other medical technology companies or research institutions can also fuel innovation and open doors to novel surgical solutions.

Like any company operating in the healthcare industry, Intuitive Surgical faces various risks and challenges. One significant risk is the potential for changes in healthcare policies and reimbursement rates. Government policies can directly impact the adoption and utilization of robotic surgical systems, which could affect the demand for Intuitive Surgical's products.

Another challenge is emerging new technologies or surgical techniques that may compete with or disrupt the robotic-assisted surgery market. Technological advancements in artificial intelligence and virtual reality could offer alternative solutions to traditional surgical procedures. Intuitive Surgical must stay at the forefront of innovation and adapt its offerings to remain competitive.

Additionally, the company faces the risk of product recalls or safety concerns. As robotic surgical systems become more complex, ensuring their reliability and patient safety becomes paramount. Intuitive Surgical must continue to invest in quality control measures, regulatory compliance, and ongoing training for surgeons to mitigate these risks.

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ISRG Stock News Headlines

Intuitive Surgical Gives Buying Opportunity Off Its 52 Week Highs
Intuitive Surgical (NASDAQ: ISRG) manufactures the revolutionary da Vinci Surgical System, the leader in robotic-assisted surgery systems. Da Vinci is turning
Microbot Medical spikes 150% on its Endovascular Surgical Robot (ISRG)
Microbot Medical Inc. (NASDAQ: MBOT) stock spiked more than 150% on a massive 194 million share volume on a successful pre-clinical animal study for its LIBERT
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
What 24 Analyst Ratings Have To Say About Intuitive Surgical
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See More Headlines

ISRG Price History

ISRG Company Calendar

Last Earnings
4/18/2023
Today
6/04/2023
Next Earnings (Estimated)
7/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical appliances & supplies
Sub-Industry
Health Care Equipment
Sector
Medical
Current Symbol
NASDAQ:ISRG
CUSIP
46120E60
Employees
12,120
Year Founded
1995

Price Target and Rating

Average Stock Price Forecast
$301.25
High Stock Price Forecast
$365.00
Low Stock Price Forecast
$210.00
Forecasted Upside/Downside
-3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
20 Analysts

Profitability

Net Income
$1.32 billion
Pretax Margin
25.29%

Debt

Sales & Book Value

Annual Sales
$6.22 billion
Cash Flow
$4.88 per share
Book Value
$32.23 per share

Miscellaneous

Free Float
347,244,000
Market Cap
$109.39 billion
Optionable
Optionable
Beta
1.31

Social Links


Key Executives

  • Gary S. GuthartGary S. Guthart
    Chief Executive Officer & Director
  • Dave Rosa Rosa
    President
  • Robert DesantisRobert Desantis
    EVP, Chief Strategy & Corporate Operations Officer
  • Jamie E. SamathJamie E. Samath
    Chief Financial Officer & Senior Vice President
  • Myriam J. CuretMyriam J. Curet
    Chief Medical Officer & Executive Vice President













ISRG Stock - Frequently Asked Questions

Should I buy or sell Intuitive Surgical stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intuitive Surgical in the last year. There are currently 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ISRG shares.
View ISRG analyst ratings
or view top-rated stocks.

What is Intuitive Surgical's stock price forecast for 2023?

20 Wall Street analysts have issued twelve-month target prices for Intuitive Surgical's stock. Their ISRG share price forecasts range from $210.00 to $365.00. On average, they expect the company's share price to reach $301.25 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts price targets for ISRG
or view top-rated stocks among Wall Street analysts.

How have ISRG shares performed in 2023?

Intuitive Surgical's stock was trading at $265.35 on January 1st, 2023. Since then, ISRG shares have increased by 17.6% and is now trading at $312.18.
View the best growth stocks for 2023 here
.

Are investors shorting Intuitive Surgical?

Intuitive Surgical saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,620,000 shares, a decrease of 6.8% from the April 30th total of 2,810,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is currently 1.6 days.
View Intuitive Surgical's Short Interest
.

When is Intuitive Surgical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our ISRG earnings forecast
.

How were Intuitive Surgical's earnings last quarter?

Intuitive Surgical, Inc. (NASDAQ:ISRG) announced its quarterly earnings data on Tuesday, April, 18th. The medical equipment provider reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $1.20 by $0.03. The medical equipment provider had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.59 billion. Intuitive Surgical had a trailing twelve-month return on equity of 11.39% and a net margin of 20.40%. The company's revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.00 EPS.
Read the conference call transcript
.

When did Intuitive Surgical's stock split?

Intuitive Surgical's stock split before market open on Tuesday, October 5th 2021. The 3-1 split was announced on Thursday, August 5th 2021. The newly created shares were issued to shareholders after the market closes on Monday, October 4th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Gary S. Guthart's approval rating as Intuitive Surgical's CEO?

431 employees have rated Intuitive Surgical Chief Executive Officer Gary S. Guthart on Glassdoor.com. Gary S. Guthart has an approval rating of 99% among the company's employees. This puts Gary S. Guthart in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Intuitive Surgical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intuitive Surgical investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Salesforce (CRM), PayPal (PYPL), Walt Disney (DIS), Boeing (BA), Mastercard (MA) and Adobe (ADBE).

What is Intuitive Surgical's stock symbol?

Intuitive Surgical trades on the NASDAQ under the ticker symbol "ISRG."

Who are Intuitive Surgical's major shareholders?

Intuitive Surgical's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.25%), Price T Rowe Associates Inc. MD (5.83%), State Street Corp (4.15%), FMR LLC (2.13%), Bank of New York Mellon Corp (2.07%) and Geode Capital Management LLC (1.84%). Insiders that own company stock include Alan J Levy, Amal M Johnson, Amy L Ladd, Craig H Barratt, Curet Myriam, David J Rosa, David J Rosa, Fredrik Widman, Gary S Guthart, Gary S Guthart, Jamie Samath, Keith R Leonard, Mark J Rubash, Mark J Rubash, Marshall Mohr, Myriam Curet, Reiter Kara Andersen and Robert Desantis.
View institutional ownership trends
.

How do I buy shares of Intuitive Surgical?

Shares of ISRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Intuitive Surgical's stock price today?

One share of ISRG stock can currently be purchased for approximately $312.18.

How much money does Intuitive Surgical make?

Intuitive Surgical (NASDAQ:ISRG) has a market capitalization of $109.39 billion and generates $6.22 billion in revenue each year. The medical equipment provider earns $1.32 billion in net income (profit) each year or $3.66 on an earnings per share basis.

How many employees does Intuitive Surgical have?

The company employs 12,120 workers across the globe.

Does Intuitive Surgical have any subsidiaries?
The following companies are subsidiares of Intuitive Surgical: Computer Motion, Intuitive Surgical AB, Intuitive Surgical ApS, Intuitive Surgical Australia Proprietary Limited, Intuitive Surgical BV, Intuitive Surgical Brasil Importacao E Comercio De Equipamentos Cirurgicos Ltda, Intuitive Surgical Canada Inc, Intuitive Surgical Deutschland GmbH, Intuitive Surgical Fosun HongKong Co Ltd, Intuitive Surgical Fosun Medical Technology Shanghai Co Ltd, Intuitive Surgical GK, Intuitive Surgical HK Limited, Intuitive Surgical Holdings LLC, Intuitive Surgical India Private Limited, Intuitive Surgical International BV, Intuitive Surgical International Finance LLC, Intuitive Surgical Ireland Limited, Intuitive Surgical Israel Ltd, Intuitive Surgical Korea Limited, Intuitive Surgical Limited, Intuitive Surgical Medical Device Science & Technology Shanghai Co Ltd, Intuitive Surgical Medical Device Taiwan Ltd, Intuitive Surgical Operations Inc, Intuitive Surgical Optics Gmbh, Intuitive Surgical Pte Ltd, Intuitive Surgical S de R L de CV, Intuitive Surgical SAS, Intuitive Surgical SPRL, Intuitive Surgical Sarl, Intuitive Surgical Sarl Taiwan Branch, Intuitive Surgical Service Optics Inc, Intuitive Surgical Spain SL, Intuitive Surgical Turkey Medikal Cihaz Ticaret Limited Serketi, Intuitive Surgical sro, Intuitive Ventures Fund I LLC, NeoGuide Systems, Orpheus Medical, Orpheus Medical Gmbh, Orpheus Medical Inc, Orpheus Medical Ltd, Orpheus Medical USA Inc, and Scholly Micro Optics Gmbh.
Read More
How can I contact Intuitive Surgical?

Intuitive Surgical's mailing address is 1020 KIFER ROAD, SUNNYVALE CA, 94086. The official website for the company is www.intuitive.com. The medical equipment provider can be reached via phone at (408) 523-2100, via email at investor.relations@intusurg.com, or via fax at 408-523-1390.

This page (NASDAQ:ISRG) was last updated on 6/4/2023 by MarketBeat.com Staff

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