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To own PROCEPT BioRobotics, you need to believe Aquablation can keep gaining share and justify ongoing investment despite persistent losses. The latest quarter fits that tension: solid sales growth but a wider net loss and reaffirmed revenue guidance keep the main short term catalyst procedure and system adoption intact, while also underscoring the biggest near term risk that rising costs and slower procedure trends could prolong the path to sustainable profitability.
Against that backdrop, the reaffirmed full year 2026 outlook of US$390 million to US$410 million in revenue, alongside an expected net loss of US$96 million to US$91 million, matters most. It suggests management still sees enough demand momentum to hold its top line targets even as losses widen, which puts extra emphasis on whether hospital adoption, utilization and reimbursement conditions can support that guidance without further eroding investor confidence in the earnings trajectory.
Yet beneath this growth story, investors should also be aware that competition and pricing pressure could...
Read the full narrative on PROCEPT BioRobotics (it's free!)
PROCEPT BioRobotics' narrative projects $607.5 million revenue and $69.6 million earnings by 2029. This requires 21.7% yearly revenue growth and a $179.4 million earnings increase from -$109.8 million today.
Uncover how PROCEPT BioRobotics' forecasts yield a $22.73 fair value, a 11% upside to its current price.
Some of the lowest analysts paint a much more cautious picture, assuming about US$607 million of revenue and only US$74 million of earnings by 2029, and they worry that intensifying competition and pricing pressure could keep PROCEPT’s recent combination of strong sales and widening losses from translating into the profitability many shareholders are hoping for, which is why it is worth weighing their view alongside the more optimistic scenarios.
Explore 7 other fair value estimates on PROCEPT BioRobotics - why the stock might be worth just $20.24!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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