{
  "id": 19001261,
  "title": "Intuitive Surgical Placed 546 da Vinci Systems Last Quarter. Why Wall Street's Sell-Off Misses the Point.",
  "url": "https://urgent.news/2026/11/08/intuitive-surgical-placed-546-da-vinci-systems-last-quarter-why-wall",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-08T19:15:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/08/intuitive-surgical-placed-546-da-vinci-systems-las/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Intuitive Surgical reported a decline in its stock after announcing Q3 2026 earnings. Despite bouncing back, the stock remains 20% below its 52-week high. Investors might be overlooking the long-term story, which lies in the parts and services sold to maintain the da Vinci surgical robots. Intuitive Surgical's price-to-sales ratio is 14.5x, while its price-to-earnings ratio is 56x, indicating it's expensive. However, when compared to its historical ratios, the stock appears cheaper. Competitors like Medtronic and Johnson & Johnson may reduce Intuitive Surgical's sales of new da Vinci systems, causing further stock declines. While growth investors should scrutinize Intuitive Surgical, long-term growth investors should consider the installed base of da Vinci systems at 12,094, up 12% year-over-year. This growth is fueled by the 15% increase in procedures performed, even if the installed base increased by only 12%. The real business driver is the sales of parts and services, not the sale of new robots.",
  "summary": "Intuitive Surgical sells the da Vinci surgical robot, but that's actually not how it generates most of its revenue.",
  "key_points": [
    "Intuitive Surgical reported Q3 2026 earnings with a stock decline.",
    "The company has 12,094 installed da Vinci systems, up 12% year-over-year.",
    "Long-term growth driven by parts and services sales, not new robot sales."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}