Research / Stock / ISRG
I
ISRG
INTUITIVE SURGICAL INC
371.84
-1.73 -0.46%
close 2026-08-25
Assumptions
21.2%
Market is pricing 21.2%— you agree
Actually grew +16.9%/yrFCF, 2020–2025 — the market is pricing 4.3pts FASTER than history
10 yrs
3.00%
10.38%
10.4% derived for this company beta 1.26 (1254d vs the S&P 500) · cost of equity 10.4% = 4.7% risk-free + 1.26 × 4.5% premium · treated as all-equity cost of debt not derivable; risk-free + 1.5pts assumed; no debt figure; treated as all-equity
Fair value
$370.94
-0.2%
At the market's assumptionsCurrent price $371.84Enterprise value 131.7B
Bear $257.69 (16.2% growth)Bull $531.19 (26.2%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 21.2%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
33% the 10 forecast years67% terminal value