ISRG
Intuitive Surgical
$378.33
▲ 1.2%Updated Today 11:30 AM ET
ISRG at a glance — five pillars scored 0–100 from real filed financials.
Overall: Favorable · 68/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 20.2% over the last 12 months
Market Cap
$150.88B
P/E
44.49x
Forward P/E (est.)
36.79x
ROE
17.0%
Revenue Growth
21.4%
EPS Growth
20.9%
Profit Margin
28.1%
FCF Yield
1.3%
Debt / Equity
0x
ROIC
13.0%
Interest Coverage
—
Current Ratio
4.61x
Dividend Yield
—
Implied Growth (rev. DCF)
7.2%
Rating Score
68/100
Intuitive Surgical (ISRG) is a large-cap company in the Health Care Equipment industry, part of the Health Care sector of the S&P 500, with a market value around $150.88B.
In its latest reported year it generated about $10.06B in revenue and $2.86B in net profit.
Our model rates ISRG Favorable (68/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.
66.6% average over the last 3 years
±1.7 pts around 68.2% across 10 years
grew in 8 of the last 9 year-over-year periods
positive in 10 of 10 years
13.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what ISRG's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. ISRG trades near $378.33, below its 50-day average ($429.73) and 200-day average ($488.46). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 58 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. ISRG's is $11.96 (~3.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month ISRG found buyers near $397.52 (support) and sellers near $430.85 (resistance); its 52-week range is $396.68–$603.88. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.2× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
15.2%
Revenue moved from $2.71B in 2016 to $10.06B in 2025, a 15.7% compound annual growth rate. The most recent year grew a strong 21.4% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
66.0%
Operating Margin
29.3%
Net Margin
28.4%
ROE
17.0%
Intuitive Surgical keeps about 28.1% of each sales dollar as net profit, with a 66.0% gross margin and 29.3% operating margin. Return on equity is 17.0% and return on invested capital about 13.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
—
Net Debt
—
Net Debt / EBITDA
—
Debt / Equity
0x
Leverage: debt-to-equity is 0.0x, with a current ratio of 4.6x. That is a conservative balance sheet — a cushion in downturns.
Operating CF
$3.03B
Free Cash Flow
$2.49B
FCF Margin
24.7%
In the latest year Intuitive Surgical produced about $3.03B of operating cash flow and $2.49B of free cash flow after capital spending. That is a free-cash-flow yield of about 1.3% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
44.49x
P/S
14.77x
P/B
10.05x
EV / EBITDA
—
ISRG trades at 44.5x trailing earnings (about 36.8x on estimated forward earnings), 14.8x sales, and 10.0x book value. Reverse-engineering today's price implies the market expects roughly 7.2% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$291.23
Current price
$378.33
Starting FCF (latest 10-K)
$2.49B
Growth, years 1–5
20.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where ISRG sits versus its Health Care sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 83 Health Care companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How ISRG stacks up against its Health Care peers — valuation, profitability, and growth versus the sector median.
In the Health Care sector (324 S&P 500 companies), ISRG ranks #14 of 324 by our overall rating. It trades at a premium versus the sector on earnings (44.5x P/E vs. 27.3x median) with a higher return on equity (17.0% vs. 14.1%) and faster revenue growth (21.4% vs. 7.6%).
P/E vs sector
44.5x
median 27.3x
ROE vs sector
17.0%
median 14.1%
Growth vs sector
21.4%
median 7.6%
Sector rank
#14
of 324 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Health Care companies by sub-industry and size. Sector median is across all 324 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $378.33 today · expected CAGR 5% – 16%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $12.18B | $14.74B | $17.83B | $21.57B | $26.11B |
| Net income | $3.41B | $4.13B | $4.99B | $6.04B | $7.31B |
| EPS | $8.55 | $10.35 | $12.52 | $15.15 | $18.33 |
| Share price (low) | $222.31 | $269.00 | $325.49 | $393.84 | $476.55 |
| Share price (high) | $376.22 | $455.23 | $550.83 | $666.50 | $806.47 |
| CAGR (low–high) | -41% / -1% | -16% / 10% | -5% / 13% | 1% / 15% | 5% / 16% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for ISRG:
- Revenue is growing 21.4% a year, a sign of real demand.
- High net margins (28.1%) point to pricing power or efficiency.
- Strong return on equity (17.0%) shows capital is put to work well.
- A conservative balance sheet (debt/equity 0.0x) lowers risk.
- Our model's overall read is Favorable (68/100).
The case against ISRG:
- A rich 44.5x earnings multiple prices in a lot of growth.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Valuation risk — at 44.5x earnings, disappointing results could compress the multiple.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Intuitive Surgical is a large-cap health care business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 44.5x earnings, which our model scores Favorable (68/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 40 Wall Street analysts covering ISRG recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
ISRG's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
ISRG — frequently asked questions
Is ISRG a good stock to buy?
We don't give buy or sell advice. Our model rates Intuitive Surgical Favorable (68/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is ISRG's rating on The Stocks School?
Intuitive Surgical currently scores 68/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does ISRG's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Intuitive Surgical's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for ISRG calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this ISRG analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell ISRG. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.