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ISRG
Forbes
215 days

What's Happening With ISRG Stock?

1. ISRG reported Q4 sales of $2.4 billion, a 25% y-o-y growth. 2. Stock has risen 72% in 2024, outperforming peers and the broader market. 3. High valuation at 25x trailing revenues compared to 20x average P/S ratio. 4. Total procedure volume was up 18% in Q4, driven by da Vinci 5 systems. 5. Investor sentiment remains high, but macroeconomic uncertainty could impact future performance.

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FAQ

Why Bullish?

Strong sales growth and procedure volume indicate positive future performance, reminiscent of growth phases in 2021. Increases in fundamentals may support higher valuations.

How important is it?

The earnings report and growth expectations for ISRG heavily influence stock price potential and investor confidence.

Why Short Term?

Current momentum from Q4 results can boost ISRG in the immediate future, but macroeconomic uncertainties may introduce volatility later in the year.

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