In a previous note, we talked about how Intuitive Surgical can be a $1,000 stock. To justify such a price, the company will need to maintain gross margins in the 70% range, sell nearly 800 da Vinci systems annually by the end of 2023, and grow its average accessory spend per unit to nearly $500k.
In a previous note, we talked about how Intuitive Surgical can be a $1,000 stock. To justify such a price, the company will need to maintain gross margins in the 70% range, sell nearly 800 da Vinci systems annually by the end of 2023, and grow its average accessory spend per unit to nearly $500k.
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