Intuitive Surgical, the leader in robotic-assisted surgery, delivered strong third-quarter results, exceeding both revenue and earnings expectations. The company saw significant growth in da Vinci system placements and procedures, fueling a surge in its stock price after hours.
Intuitive Surgical (ISRG) is experiencing a surge in earnings estimates, suggesting a positive outlook for the company. This upward trend in estimates has already driven the stock price higher, and it’s likely to continue as analysts remain optimistic about the company’s future performance. The Zacks Rank, which uses earnings estimate revisions as a key indicator, assigns a strong buy rating to Intuitive Surgical, based on the consistent upward revisions for both the current quarter and full year.
