Why Intuitive Surgical, Inc. Shareholders Have Something to Worry About
Surgeons around the globe will perform around 867,000 procedures using Intuitive Surgical, Inc.'s (NASDAQ: ISRG) robots this year, making this company the undisputed champion of robotic surgery, today. The market this company helped create is growing fast, but it looks like staying on top is about to get a lot harder.
Medical device heavyweight Johnson & Johnson (NYSE: JNJ) has teamed up with Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) to form Verb Surgical. These behemoths are still plotting their assault, but smaller players Mazor Robotics Ltd. (NASDAQ: MZOR) and TransEnterix (NYSEMKT: TRXC) have already started marketing their own systems on Intuitive Surgical's home turf. Let's take a closer look at the competitive threats Intuitive's shareholders will probably be worrying about in the years ahead.
Image source: Getty Images.
Source: Fool.com
Intuitive Surgical Inc Stock
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
As a result the target price of 385 € shows a slightly positive potential of 5.19% compared to the current price of 366.0 € for Intuitive Surgical Inc.
