Intuitive Surgical, Inc. (ISRG) concluded the recent trading session at $486.55, signifying a -0.79% move from its prior day's close.
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Intuitive Surgical (ISRG) continues to raise optimism among investors owing to its strength in robotics.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Intuitive Surgical (ISRG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Now might be a great time for investors to consider scooping up shares of these robotics stocks. I think that although in the short-term these technologies will be a slow burn in terms of improving company productivity, the tech stack of artificial intelligence ( AI ), machine learning, and the Internet of Things (IoT), will all contribute meaningfully to company revenue over the next decade.
Intuitive Surgical (ISRG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Intuitive Surgical is sailing against a few new headwinds. So far its financial performance hasn't been severely impacted.
Intuitive Surgical's da Vinci robots help doctors perform surgeries with fewer errors. Procedure growth is impressive, driving revenue for the company's instruments and accessories.
Intuitive Surgical (ISRG) is making strides in the robotic-assisted surgery market with its existing and new launches. However, macro challenges are likely to continue to hurt its performance.
Robotic surgery conjures up futuristic images of automated machines performing surgery on anesthetized human patients in an assembly line, but that's not the case at the moment. Robots have yet to replace human surgeons.