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How to Buy Intuitive Surgical Stock

Intuitive Surgical Inc

Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

Intuitive Surgical stock last closed at $399.09, down 0.25% from the previous day, and has increased 59.96% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.6 percentage points. Intuitive Surgical stock is currently +60.74% from its 52-week low of $248.29, and -1.16% from its 52-week high of $403.76.

As of Mar 28, 2024, there are 352.33M ISRG shares outstanding. The market cap of ISRG is $140.61B. In the last 24 hours, 1.1M ISRG shares were traded.

How to Buy Intuitive Surgical Stock

Not sure how to invest in Intuitive Surgical stock? Here's how.
  1. Decide where to buy Intuitive Surgical stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Intuitive Surgical stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Research Intuitive Surgical stock: The Intuitive Surgical ticker symbol is ISRG. Is Intuitive Surgical stock a good investment? Should you buy shares of ISRG? How do ISRG's underlying business fundamentals look? Do top analysts think Intuitive Surgical is a good buy? Why has ISRG's stock price moved recently? (Hint: Our stock market research tools can help you understand if ISRG is a good stock to buy).
  5. Execute your ISRG buy order: Decide if you will purchase ISRG shares at the current market price or use a limit order to buy ISRG stock at a specific price.
  6. Track your ISRG position: Create a watchlist to watch your investment in Intuitive Surgical stock.

Step 1: Decide where to buy Intuitive Surgical stock

You will need an online brokerage account in order to access the NASDAQ market and buy ISRG shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you can invest in ISRG today.

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Step 3: Deposit money your investment account

Now that you have finished signing up on the best stock app for beginners, you need to deposit funds:

Check out the video below to see the process of depositing funds into your brokerage account.

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Step 4: Research Intuitive Surgical stock

After you have identified the best place to buy Intuitive Surgical stock, it's crucial to research their stock prior to investing, so you can comprehend the risk and opportunity.

Overview of key ISRG info

ISRG Price
$399.09
1w %
1.82%
1y %
59.96%
5y %
112.7%
P/E
77.95x
P/B
10.57x
P/S
19.67x
PEG
N/A
Revenue
$7.12B
Earnings
$1.80B
Fore. Rev. Growth
13.96%
Fore. Earn. Growth
-1.19%
Market Cap
$140.61B
Next Earnings
Apr 18, 2024
Next Dividend
N/A

Fundamentals of Intuitive Surgical

WallStreetZen was designed to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on ISRG's stock page.

Is ISRG stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge ISRG's intrinsic value.

Using relative valuations ratios:

  • ISRG may be overvalued based on its P/E ratio of 77.95x, relative to Medical Instruments & Supplies industry P/E ratio of 53.11x
  • ISRG could be overvalued based on its P/B ratio of 10.57x, relative to Medical Instruments & Supplies industry P/B ratio of 3.75x

You can do additional valuation analysis on ISRG's stock here.

ISRG Financial Health Summary

Positive Health Checks:

  • ISRG earnings of $1.94B is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the ISRG balance sheet.
  • Total ISRG debt is lower than 5 years ago, relative to shareholder equity.
  • ISRG has a low debt to equity ratio of 0.15.
  • ISRG's operating cash flow of $1.81B allows it to safely service it's debt of $0.00.
  • There are more short-term assets than short-term liabilities on the ISRG balance sheet.
  • ISRG profit margin has gone up from 21.3% to 25.2% in the past year.

Is it a good time to buy Intuitive Surgical stock, according to analysts?

Out of 14 sell side analysts who monitor ISRG, the consensus analyst rating on Intuitive Surgical is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

Latest ISRG Analyst Upgrades/Downgrades

Richard Newitter, a top 7% analyst from Truist Securities maintains ISRG with a strong buy rating and raises their ISRG price target from $390.00 to $435.00, on Jan 24, 2024.

Truist Securities's Richard Newitter raised their price target on Intuitive Surgical (NASDAQ: ISRG) by 11.5% from $390 to $435 on 2024/01/24. The analyst maintained their Strong Buy rating on the stock.

The company's next-gen da Vinci 5 is now at the FDA pending 510k approval, with its official launch window "now within sight," possibly as soon as this year, the analyst wrote in a note assessing Intuitive Surgical's Q4 and FY 2023 earnings beat, released on 2024/01/23.

Acknowledging that the combination of gross margin pressures, higher tax, and heavier operating expenses will likely weigh on FY 2024 EPS momentum, Newitter recommended that investors "look to FY 2025 and beyond."

"That is when revenue growth and re-expanding margins will drive healthy revenue and EPS growth back to the mid-teens range," the analyst predicted.

Earnings Report

Intuitive reported:

For Q4 2023:

  • EPS of $1.60, which beat the Zacks Consensus Estimate of $1.47 and, by 30.1%, Q4 2022’s $1.23.
  • Revenue of $1.93B, which was in line with the Zacks Consensus Estimate and beat Q4 2022’s $1.66B by 17%.
  • Operating expense of $827M.

For FY 2023:

  • EPS of $5.71, which beat FY 2022’s $4.68 by 22%.
  • Revenue of $7.12B, which beat FY 2022’s $6.22B by 14.5%.
  • Operating expense of $2.96B.

Management guided for FY 2024:

  • Profit margin of 67% to 68%.
  • Procedure growth of 13% to 16%.
  • Operating expense growth of 11% to 15%.

CEO Gary Guthart commented: “The past year was a good one for Intuitive with use of our platforms growing nicely, hospitals building additional system capacity to support that growth, and increased average utilization persistent per year for each of our platforms.

“Our teams have been delivering to meet customer demand, driving quality and availability improvements, running clinical trials, and readying new products and services for the market.”

Adam Maeder, a top 14% analyst from Piper Sandler maintains ISRG with a strong buy rating and raises their ISRG price target from $325.00 to $425.00, on Jan 24, 2024.

Larry Biegelsen, a top 12% analyst from Wells Fargo maintains ISRG with a strong buy rating and raises their ISRG price target from $363.00 to $416.00, on Jan 19, 2024.

Jason Bednar, a bottom 9% analyst from Raymond James maintains ISRG with a buy rating and raises their ISRG price target from $310.00 to $372.00, on Jan 3, 2024.

Cecilia Furlong, a bottom 12% analyst from Morgan Stanley maintains ISRG with a hold rating and raises their ISRG price target from $300.00 to $330.00, on Dec 4, 2023.

You can dive deeper into what analysts are forecasting on the Intuitive Surgical stock forecast page.

ISRG Momentum

SMA10
394.44
SMA20
391.92
SMA50
385.6
SMA100
351.88
SMA200
328.8
MACD
4.08
MACD Signal
3.71
MACD Histogram
0.37
RSI
59.64
Stochastic %K
84.86
Stochastic %D
78.32
StochRSI %K
95.56
StochRSI %D
85.99

How are ISRG Revenues/Earnings doing?

Last year, ISRG earnings were $1.80B. During the last 5 year, ISRG's earnings have gone up by 9.14% per year. This was slower than the Medical Instruments & Supplies industry average of 16.14%.

Last year, ISRG revenue was $7.12B. In the past five year, ISRG's revenue has grown by 13.85% per year. This was faster than the Medical Instruments & Supplies industry average of 9.57%.

Find out more about ISRG's earnings and revenue performance here.

What are ISRG insiders up to?

In the past year, insiders at ISRG have bought more shares than they have sold.

Fredrik Widman, VP Corporate Controller of ISRG, was the latest ISRG insider to sell. They sold $243,006.84 worth of ISRG stock on Mar 15, 2024.

Learn more about who owns ISRG shares here.

Does ISRG provide a stable income stream?

No, Intuitive Surgical doesn't provide an income stream by paying out dividends.

ISRG Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your ISRG buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.

Press the Open button and eToro will place your order.

If you require more assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Track your ISRG position

Now that you own some ISRG stock, you'll want to stay up-to-date on your investment.

Add ISRG to a watchlist to get notified of the latest news about your ISRG stock.

ISRG Feed

How to Buy Stock in Intuitive Surgical

To reiterate, here are the 6 steps you need to take to buy Intuitive Surgical stock right now:

  1. Decide where to buy Intuitive Surgical stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Research Intuitive Surgical stock
  5. Execute your ISRG buy order
  6. Track your ISRG position

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Intuitive Surgical, hit the button below to create your watchlist.

NASDAQ: ISRG
$399.09-1.01 (-0.25%)
Updated Mar 28, 2024
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NASDAQ: ISRG
$399.09-1.01 (-0.25%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Intuitive Surgical share?

As of Mar 28, 2024, it costs $399.09 to buy one share of Intuitive Surgical stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.251 shares of ISRG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Intuitive Surgical stock?

According to 14 Wall Street analysts who monitor Intuitive Surgical, their consensus recommendation is to buy Intuitive Surgical stock.

What is the best way to buy Intuitive Surgical stock?

One way to place an order for Intuitive Surgical stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.