- Intuitive Surgical has enhanced its stock repurchase program, signaling confidence in its financial strength.
- Analysts predict a potential upside, but GF Value suggests caution with a potential downside.
- The company's "Outperform" status reflects positive sentiment among brokerage firms.
Intuitive Surgical (ISRG, Financial) is making waves with its recent decision to expand its stock repurchase program, now authorizing up to $4 billion for buybacks. This strategic move leverages the company’s robust financial position, as it intends to fund this initiative using its cash, cash equivalents, and investments.
Wall Street Analysts Forecast
Analyst insights provide a promising perspective on Intuitive Surgical's market position. With an average price target of $582.07 set by 26 analysts, there is an anticipated upside of 11.24% from the current trading price of $523.25. This reflects a broad range of expectations, with targets varying from a high of $675.00 to a low of $470.00. For a detailed breakdown of predictions, visit the Intuitive Surgical Inc (ISRG, Financial) Forecast page.
The consensus among 33 brokerage firms rates Intuitive Surgical Inc's (ISRG, Financial) stock at an average recommendation of 2.1. This rating, which denotes an "Outperform" status, underscores market confidence, with the scale spanning from 1 (Strong Buy) to 5 (Sell).
However, a note of caution is advised based on GuruFocus estimates. The projected GF Value for Intuitive Surgical in one year is $494.78, hinting at a possible downside of 5.44% from the present price of $523.25. The GF Value represents GuruFocus’ estimation of the fair stock value, derived from historical multiples, previous growth, and future performance projections. To delve deeper into these calculations, explore the Intuitive Surgical Inc (ISRG, Financial) Summary page.
