Forecast Of The Day: Intuitive Surgical’s Installed Base
What?
Trefis expects Intuitive Surgical’s (NASDAQ: ISRG) Installed Base of da Vinci surgical systems to rise steadily from 6,000 in 2020 to about 7,000 in 2021 and 7,900 in 2022. The metric is a key driver of Intuitive Surgical’s instrument and accessory as well as services revenue.
Why?
- Should You Pick Intuitive Surgical Stock At $370?
- Should You Pick Intuitive Surgical Stock At $375 After An Upbeat Q4?
- Is Intuitive Surgical Stock A Pick After A 9% Fall In A Month Amid Mixed Q3?
- Procedure Volume Growth To Drive Intuitive Surgical’s Q3
- With 2x Potential Returns Is DexCom A Better Pick Over Intuitive Surgical?
- Here’s What To Expect From Intuitive Surgical’s Q2
We expect the increase to be driven by the higher adoption of robotic surgery for a variety of procedures.
So What?
However, we believe the projected growth in accessories and services is fully priced into ISRG stock. We value the stock at about $950 per share, compared to the $1,020 market price.
See Our Complete Analysis For Intuitive Surgical
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016
See all Trefis Price Estimates and Download Trefis Data here
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams