Baird Reaffirms Buy on Intuitive Surgical (ISRG) After New FDA Clearances

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best healthcare AI stocks to buy now. On December 16, David Rescott from Robert W. Baird reaffirmed a Buy rating on Intuitive Surgical, Inc. (NASDAQ:ISRG) and maintained the $655 price target. Earlier on December 11, Citi’s Joanne Wuensch assigned a Hold rating on the stock.

In a different update, on December 10, Intuitive announced that the FDA had cleared its da Vinci Single Port (SP) surgical system for three additional procedures. These include inguinal hernia repair, cholecystectomy (gallbladder removal), and appendectomy (appendix removal). According to the company, this clearance broadens the da Vinci SP’s US indications, which previously included urology (such as simple prostatectomy), colorectal (including transabdominal and transanal procedures), thoracic, and transoral otolaryngology surgeries.

The da Vinci SP system enables surgeons to perform complex operations through a single incision or natural orifice. The system builds on earlier 2025 expansions, including FDA clearance in May for transanal local excision/resection in colorectal surgery and in April for a single-port stapler used in thoracic, colorectal, and urologic procedures. Outside the US, the da Vinci SP has approvals in Europe, Japan, and Korea for a wider range of procedures across multiple disciplines. Initial US clearance in 2014 and 2018 focused on urology. Subsequent additions included transoral procedures (2019) and simple prostatectomy (2023).

Intuitive Surgical, Inc. (NASDAQ:ISRG) develops, produces, and markets robotic systems for minimally invasive surgery. The company provides instruments, accessories, and services to support these platforms, which have been installed in more than 10,000 hospitals worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.