Intuitive Surgical (NASDAQ: ISRG), maker of the da Vinci robotic-assisted surgical systems, recently posted a strong quarter.
But despite consistently solid numbers, the stock itself has been in a tailspin this year
As of Monday’s close, it was down 38% thus far in 2026, and it’s not just trading at a new 52-week low, but it’s at a multi-year low as well; the last time it was at these levels was back in early 2024. What’s behind the stock’s struggles this year, and could this be a glorious opportunity for long-term investors to buy the stock at a discount? Intuitive Surgical’s growth has been looking much better of late Last week, Intuitive Surgical posted its second-quarter numbers, which yet again featured double-digit growth.
Revenue of $2.9 billion for the period ending June 30 rose by 19% year over year. Over the past year, its growth rate has been comfortably above 15%. With hospitals resuming normal procedures and demand being higher, it’s looking more like a top growth stock again.