Intuitive Surgical Stock To $700?

Core Insights - Intuitive Surgical (ISRG) has experienced significant stock performance, with a 20% increase over the last month, currently priced at $544.21, and a potential target of $699 [3][4] - The company has a market capitalization of $194 billion and is recognized for its innovative robotic surgical systems that enhance minimally invasive procedures [4] - The stock has shown strong operational performance and financial health, despite a very high valuation, making it attractive yet volatile [3][5] Financial Performance - Intuitive Surgical's revenues have grown by 22% over the last 12 months, increasing from $7.9 billion to $9.6 billion, with quarterly revenues rising by 22.9% to $2.5 billion [5] - The company has achieved an average top-line growth rate of 16.3% over the past three years [5] - In the last 12 months, ISRG reported an operating income of $2.8 billion, with an operating margin of 29.3% and a cash flow margin of 30.8%, generating nearly $3.0 billion in operating cash flow [9] Profitability and Financial Stability - Intuitive Surgical's net income for the same period was approximately $2.7 billion, resulting in a net margin of about 28.6% [9] - The company has no debt, leading to a Debt-to-Equity Ratio of 0.0%, and its cash (including cash equivalents) constitutes $4.9 billion of total assets of $19 billion, yielding a Cash-to-Assets Ratio of 25.4% [9] Market Resilience - ISRG has shown moderate resilience during economic downturns, experiencing a decline greater than the S&P 500 index during various market crises [6] - Historical data indicates that ISRG stock has fully recovered from significant declines, including a 49.9% drop from a high of $365.42 in November 2021 to $183.06 in October 2022, and a 75.9% drop from $39.32 in April 2008 to $9.48 in March 2009 [10]