MARKET COMPOSITE
ISRG - Intuitive Surgical Inc8:00:00 PM 5/2/2024
Price
$377.65
+ 5.95 (1.60%)
Intuitive Surgical, Inc. is an American corporation that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the da Vinci Surgical System. The company is part of the NASDAQ-100 and S&P 500. As of December 31, 2019, Intuitive Surgical had an installed base of 5,582 da Vinci Surgical Systems, including 3,531 in the U.S., 977 in Europe, 780 in Asia, and 294 in the rest of the world. The research that eventually led to the development of the da Vinci Surgical System was performed in the late 1980s at a non-profit research institute SRI International. In 1990, SRI received funding from the National Institutes of Health. SRI developed a prototype robotic surgical system that caught the interest of the Defense Advanced Research Projects Agency , which was interested in the system for its potential to allow surgeons to operate remotely on soldiers wounded on the battlefield.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue1.9B-2%
Gross Profit1.2B-3%
Cost Of Revenue645.2MM-1%
Operating Income469.4MM+4%
Operating Expenses776MM-6%
Net Income544.9MM-10%
R&D284.5MM+9%
G&A491.5MM-13%
Amortization5.1MM-
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    Intuitive Surgical (ISRG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

    Robotics has moved far before the realm of science fiction, revolutionizing industries from manufacturing to healthcare. The robotics market is booming, and investors can benefit from the enormous potential of robotics stocks. According to Market Research Future, the global robotics market should reach more than $286 billion by 2032, growing at 16.7% CAGR. A number of different AI technologies, including natural language processing, machine learning and edge computing will be primary growth driv

    Lewis Chew elected to Intuitive’s BoardAlan Levy, PhD and Don Kania, PhD to retire from Board SUNNYVALE, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Intuitive (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced today that Lewis Chew, former chief financial officer at Dolby Labs, Inc., has been elected to the Company’s Board of Directors, effective April 25. “Lewis brings decades of experience across global organizations, tec

    The value of the “global medical device market” is expected to jump from over $500 billion last year to nearly $800 billion “by 2030.” According to the World Health Organization, “a medical device can be any instrument, apparatus, implement, machine, appliance, implant, reagent for in vitro use, software, material or other similar or related article.” Among the most exciting medical devices from an investment point of view are robotic surgical products, plastic surgery devices, glucose measuring

    Baron Funds, an investment management company, released its “Baron Health Care Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund advanced 8.92% (Institutional Shares) in the quarter compared to an 8.52% gain for the Russell 3000 Health Care Index (benchmark) and a 10.56% increase for the S&P […]

    Recently, Zacks.com users have been paying close attention to Intuitive Surgical (ISRG). This makes it worthwhile to examine what the stock has in store.

    Unveiling the Financial and Strategic Position of Intuitive Surgical Inc (ISRG) in 2024

    Intuitive Surgical stock fell early Friday, reversing previous gains, as analysts cautioned its da Vinci 5 launch will be slow.

    Robotics stocks have been making incredible strides, transforming industries as diverse as healthcare, manufacturing and human capital management. As robots become smarter and more capable, the demand for robotics solutions will continue to soar. While the future is always uncertain, the potential of the robotics industry is undeniable. From self-driving cars to advanced surgical systems, the world is rapidly embracing robotics innovation. Investors eyeing long-term growth opportunities continue

    Intuitive Surgical, Inc. (NASDAQ:ISRG) Q1 2024 Earnings Call Transcript April 18, 2024 Intuitive Surgical, Inc. beats earnings expectations. Reported EPS is $1.5, expectations were $1.4. ISRG isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you everyone for standing by […]