One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like Intuitive Surgical, Inc. before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell Intuitive Surgical, Inc.’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding Intuitive Surgical, Inc.’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About Intuitive Surgical, Inc. (ISRG)

Before we jump into Intuitive Surgical, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Intuitive Surgical, Inc. develops, manufactures, and markets the da Vinci surgical system and the Ion endoluminal system. The Company's products and related services enable physicians and healthcare providers to access minimally invasive care. The systems consist of a surgeon console or consoles, a patient-side cart, a vision system, and instruments and accessories. Its da Vinci products consist of five categories, such as da Vinci surgical systems, da Vinci instruments and accessories, da Vinci Stapling, da Vinci Energy, and da Vinci Vision, including Firefly Fluorescence imaging systems and da Vinci Endoscopes. It also provides a suite of systems, learning, and services offerings. Its Ion endoluminal system extends its commercial offerings beyond surgery into diagnostic procedures, enabling minimally invasive biopsies in the lung. Its services include readiness support, maintenance support, perioperative consulting, customer hospital analytics, and market consulting optimization.

Want to learn more about Intuitive Surgical, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Intuitive Surgical, Inc.. The AAII Stock Evaluator puts a company’s grades, charts, news, financials, valuation, ratios, filings and more at your fingertips.

Intuitive Surgical, Inc.’s Stock Price as of Market Close

As of August 25, 2023, 4:00 PM CST, Intuitive Surgical, Inc.’s stock price was $297.55.

Intuitive Surgical, Inc. is up 4.17% from its previous closing price of $285.64.

During the last market session, Intuitive Surgical, Inc.’s stock traded between $285.47 and $293.49. Currently, there are 350.90 million shares of Intuitive Surgical, Inc. stock available for purchase.

Intuitive Surgical, Inc.’s price-earnings (P/E) ratio is currently at 71.7, which is high compared to the Advanced Medical Equipment & Technology industry median of 30.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Intuitive Surgical, Inc. Stock Price History

Intuitive Surgical, Inc.’s (ISRG) price is currently down 8.28% so far this month.

During the month of August, Intuitive Surgical, Inc.’s stock price has reached a high of $324.52 and a low of $282.50.

Over the last year, Intuitive Surgical, Inc. has hit prices as high as $358.07 and as low as $180.07. Year to date, Intuitive Surgical, Inc.’s stock is down 17.19%.

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What Caused Intuitive Surgical, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 24, 2023, there were 6 analysts who downgraded Intuitive Surgical, Inc.’s stock and 13 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Intuitive Surgical, Inc.’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

Intuitive Surgical, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Intuitive Surgical, Inc. (ISRG) by visiting AAII Stock Evaluator.

Relative Price Strength of Intuitive Surgical, Inc.

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of August 24, 2023, Intuitive Surgical, Inc. has a weighted four-quarter relative price strength of 3.22%, which translates to a Momentum Score of 76 and is considered to be Strong.

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Intuitive Surgical, Inc. Stock Price: Bottom Line

As of August 25, 2023, Intuitive Surgical, Inc.’s stock price is $297.55, which is up 4.17% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell Intuitive Surgical, Inc.’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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