Intuitive Surgical Inc
ISRG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$682.00 | Hjmy | Mywkmbcjx |
Intuitive Earnings: Next-Generation da Vinci Surgical System to Launch in 2024
As Intuitive Surgical prereleased key figures earlier in the month, there were no surprises in the fourth-quarter results. The main highlight was the company's announcement of the submission to the U.S. Food and Drug Administration for the fifth generation of the da Vinci platform, which could be approved later in the year. We're updating our model for the year-end financials and expect to publish the new report shortly. We're maintaining our wide moat rating.