Elekta EKTAY's Evo CT-Linac Receives FDA Clearance, Enhancing Personalized Radiation Therapy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 19 2026
0mins
Should l Buy ISRG?
Source: NASDAQ.COM
- FDA Approval Milestone: Elekta's Evo CT-Linac has received 510(k) clearance from the FDA, enabling its availability in the U.S. market, marking a critical step in the company's expansion in radiation oncology and expected to drive the adoption of personalized radiation therapy.
- Market Growth Potential: The AI-driven imaging capabilities of Elekta Evo enhance the visualization of tumors and organs-at-risk, which is anticipated to drive revenue growth and deepen customer relationships, further solidifying the company's position in the competitive radiation therapy market.
- Operational Efficiency Improvement: Elekta is implementing a new operating model expected to generate annual cost savings of at least SEK 500 million, aimed at accelerating product development and improving overall operational efficiency, thereby enhancing customer service quality.
- Order Review Impact: Elekta has completed a second-level review of orders, resulting in the cancellation of approximately SEK 2.197 billion in orders to improve predictability and support long-term profitability, reflecting the company's stringent control over order criteria.
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Analyst Views on ISRG
Wall Street analysts forecast ISRG stock price to rise
20 Analyst Rating
16 Buy
4 Hold
0 Sell
Strong Buy
Current: 493.350
Low
575.00
Averages
637.32
High
740.00
Current: 493.350
Low
575.00
Averages
637.32
High
740.00
About ISRG
Intuitive Surgical, Inc. develops, manufactures, and markets da Vinci surgical systems and the Ion endoluminal system. The Company specializes in invasive care and robotic-assisted surgery. Its technologies include the da Vinci surgical systems and the Ion endoluminal system. The da Vinci surgical system is designed to enable surgeons to perform a range of surgical procedures within its targeted general surgery, urologic, gynecologic, cardiothoracic, and head and neck specialties and consists of a surgeon's console or consoles, a patient-side cart, and a high-performance vision system. The Ion endoluminal system is a flexible, robotic-assisted, catheter-based platform for which the cleared indication is minimally invasive biopsies in the lung and consists of a system cart, a controller, a catheter, and a vision probe. Its Ion system extends its commercial offering beyond surgery into diagnostic and endoluminal procedures.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Market Leadership: Intuitive Surgical dominates the robotic surgery market, with its flagship Da Vinci surgical robot being the training tool for most surgeons, leading hospitals to continue using this platform after investing millions, thereby solidifying the company's competitive advantage.
- Continuous Innovation: The latest Da Vinci 5 robot features over 100 design innovations aimed at improving operating room workflows and data analysis capabilities, ensuring surgeons receive the necessary technological support, which enhances surgical efficiency and patient safety.
- Revenue Growth Potential: Intuitive Surgical generates revenue through the sale and leasing of surgical platforms, as well as the replacement of disposable instruments and accessories, which yield greater quarterly revenue than full platform sales, showcasing its strong recurring revenue capabilities.
- Resilience to Economic Fluctuations: Patients require Da Vinci-guided surgeries, such as hernia repairs and gallbladder surgeries, regardless of the economic backdrop, indicating that Intuitive Surgical can maintain revenue growth even during downturns, further establishing its appeal as a long-term investment.
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- Market Leadership: Intuitive Surgical, as the leader in the robotic surgery market, maintains a strong competitive advantage with its flagship Da Vinci surgical robot, ensuring hospitals prefer to stick with a familiar system to mitigate risks associated with new technologies.
- Continuous Innovation: The latest Da Vinci 5 robot features over 100 design innovations that enhance operating room workflows and data analysis capabilities, ensuring that its platforms consistently meet surgeons' technological needs, thereby increasing customer loyalty and market competitiveness.
- Diverse Revenue Streams: Intuitive Surgical generates revenue not only from selling or leasing robotic platforms but also from disposable instruments and accessories, as well as maintenance service contracts, ensuring a stable and sustainable income flow.
- Strong Financial Performance: Over the past three years, Intuitive Surgical's stock price has surged by 100%, with ongoing revenue and profit growth allowing it to maintain stable income even during economic downturns, showcasing its resilience and attractiveness in volatile markets.
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- Healthcare Spending Outlook: Fidelity reports that a 65-year-old retiring in 2025 could expect to spend an average of $172,500 on medical and healthcare expenses, highlighting the lucrative potential of the healthcare sector and attracting investor interest.
- Surgical System Performance: Intuitive Surgical's da Vinci systems have performed over 16 million procedures worldwide, utilized in 72 countries, with a procedure commencing every 11.75 seconds, demonstrating its significant impact in the minimally invasive surgery market.
- Sustained Growth Momentum: In its recent earnings report, Intuitive Surgical noted an 18% year-over-year increase in global procedures, with da Vinci system installations rising from 493 to 532, and revenue increasing by 19%, showcasing the company's ongoing expansion capabilities in the market.
- AI Technology Application: Intuitive Surgical leverages data from over 10 million procedures to enhance the Ion system's navigation capabilities using AI, addressing the CT-to-body divergence issue in lung biopsies, thereby further strengthening its product competitiveness and market adaptability.
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- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides valuable insights for investors, helping to assess market trends and potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the underlying holdings of the ETF.
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- Stock Performance: Palantir's stock has surged over 2,000% since 2023, significantly outpacing the S&P 500's 80% gain, reflecting strong demand driven by artificial intelligence, yet its excessive valuation raises concerns about sustainability.
- Market Valuation: With a market cap of approximately $340 billion and a trailing P/E ratio exceeding 200, Palantir's impressive past performance is overshadowed by fears of a substantial decline in value, prompting investors to exercise caution.
- Uber's Growth Potential: Uber's sales are projected to soar from $17 billion in 2021 to over $52 billion by 2025, trading at just 16 times its trailing earnings, indicating significant growth opportunities in market expansion and robotaxi services, potentially surpassing Palantir in value.
- Intuitive Surgical's Outlook: Intuitive Surgical, with a market cap of around $175 billion, is expected to generate over $10 billion in revenue by 2025; despite a P/E ratio above 60, its growth potential in the surgical robotics sector positions it well to potentially outpace Palantir in the future.
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- Accelerated Revenue Growth: Intuitive Surgical has achieved a 19% revenue increase over the past 12 months, totaling nearly $2.9 billion, indicating strong performance in the robotic-assisted surgery market and suggesting sustained growth potential ahead.
- Market Valuation Analysis: Although the current stock price is below $500, Intuitive Surgical's price-to-earnings ratio exceeds 60, with a forward P/E ratio around 50, reflecting high market expectations for future growth, despite being elevated compared to the S&P 500 average.
- Investor Sentiment Caution: Despite strong fundamentals, the stock has declined over 10% this year, falling below $500, indicating cautious investor sentiment regarding its short-term performance, which may affect future capital inflows.
- Long-Term Investment Opportunity: Despite the high current valuation, Intuitive Surgical is still viewed as a solid long-term investment, especially as the robotic surgery market remains in its early growth stages, with significant potential for market share expansion in the future.
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