
NASDAQ:ISRG
This summary was created by AI, based on 7 opinions in the last 12 months.
Intuitive Surgical Inc. (ISRG-Q) is facing a challenging environment characterized by an overall decline in the med tech sector, although there remains potential for long-term growth in robotic-assisted surgeries. While some experts express concern over recent earnings and forecasts from their Da Vinci business, others note the company's innovation in robotics and believe that the opportunities in this field will continue to expand. Analysts are divided; some are waiting for a more attractive entry point, while others observe that current pricing appears attractive despite the recent decline in stock value. The upcoming earnings report is anticipated with caution, as previous surprises may not be sustainable due to growing competition in the market. Overall, the company remains a subject of interest for long-term investors, especially if it can navigate its current challenges effectively.
Allan Tong’s Discover Picks Both Jamie Murray and Bruce Murray (unrelated) see strong long-term growth ahead for the company as more surgeons adapt robotic devices. ISRG's market share is currently only 4%, but Bruce Murray expects the company to grow 50% next year and 20% after that. However, investors have already caught onto this stock and ISRG stock has almost doubled from the March 23 bottom; it has passed its $655 price target and is flirting with $700. Read BDX, BSX, ISRG and Stryker Stock: Top 4 Medical Supply Stocks for our full analysis.
Medical robotics? He does not know TMD-T well. He plays the space through and ETF of BOTZ-Q. He prefers ISRG-Q, if you wanted an individual holding.
A disruptor in medtech. ISRG builds robotic-assisted surgical devices that are sold to hospitals. Enjoys 85% recurring revenues. Growing steadily for 20 years with good intenational exposure. Their commerical shows a robot sewing the skin on a grape. Stock rose 8% today alone. Again demographics are another tailwind. (Also look at the IHI ETF in the medtech sector.) (Analysts' price target $460.80)
JNJ JNJ is trying to respond to the rise of robotic surgery by Intuitive Surgical, which he prefers. This take time and research for JNJ, which means Intuitive will still be ahead of JNJ.