Intuitive Surgical, Inc.

Intuitive Surgical, Inc.

ISRGยทNASDAQ

$407.29

-1.2%
HealthcareMedical - Devices

Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System to enable complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung. It also provides a suite of stapling, energy, and core instrumentation for its surgical systems; progressive learning pathways to support the use of its technology; a complement of services to its customers, including support, installation, repair, and maintenance; and integrated digital capabilities providing unified and connected offerings, streamlining performance for hospitals with program-enhancing insights. The company was incorporated in 1995 and is headquartered in Sunnyvale, California.

At a Glance

Live Snapshot
Market Cap$144.25B
EPS8.0000
P/E Ratio50.91
Earnings Date07/28/2026
Intuitive Surgical, Inc.

Intuitive Surgical, Inc. Fair Value Envelope

ISRG ยท NASDAQ

Our analysis suggests that ISRG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $407.29, this represents a potential HIDDEN relative to our calculated worth for Intuitive Surgical, Inc..

Intrinsic Value
Current Price: $407.29

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$16,905.5B
+ Cash & Equivalents$3.4B
Firm Value$16,908.8B
- Debt$302.8M
Equity Value$16,908.5B
/ Shares Outstanding357,230,469B
DCF Value$47.3K
UNDERVALUED BY 11521%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$5.8B
$11.1B
$21.1B
$40.4B
$77.1B
$147.3B
$281.4B
$537.5B
$1,026.9B
$1,961.6B
Maintenance CapEx
-$206.2M
-$394.0M
-$752.7M
-$1.4B
-$2.7B
-$5.2B
-$10.0B
-$19.1B
-$36.6B
-$69.9B
Owner Earnings
$5.6B
$10.7B
$20.4B
$38.9B
$74.4B
$142.0B
$271.4B
$518.4B
$990.3B
$1,891.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$5.2B
$9.1B
$16.2B
$28.6B
$50.6B
$89.5B
$158.3B
$280.1B
$495.4B
$876.2B
Terminal Value represents 88.1% of Enterprise Value