Intuitive Surgical Stock Rockets 17% After Blowout Q3 Earnings – Is $600 Next?
Intuitive Surgical’s da Vinci surgical robot in an operating room setting. Intuitive’s stock jumped on Oct. 21 after the company reported blowout Q3 results and raised full-year guidance reuters.com ts2.tech. The quarter’s 23% revenue growth was driven by a surge in robot-assisted procedures, as hospitals resume elective surgeries and expand minimally-invasive care reuters.com reuters.com. Reuters notes Intuitive has seen “steady growth as hospitals work through a backlog of deferred procedures” reuters.com, reflecting post-pandemic catch-up demand. Intuitive’s CEO Dave Rosa celebrated the results. He noted “continued growth in customer use and adoption of our Ion and da Vinci platforms, including da