PROCEPT BioRobotics Corporation (PRCT)

NASDAQ: PRCT · Real-Time Price · USD
95.02
-1.10 (-1.14%)
Dec 3, 2024, 11:53 AM EST - Market open
-1.14%
Market Cap 5.14B
Revenue (ttm) 199.84M
Net Income (ttm) -100.06M
Shares Out 54.11M
EPS (ttm) -1.95
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 145,873
Open 96.11
Previous Close 96.11
Day's Range 94.67 - 96.97
52-Week Range 36.52 - 103.81
Beta 0.99
Analysts Strong Buy
Price Target 97.86 (+2.99%)
Earnings Date Oct 28, 2024

About PRCT

PROCEPT BioRobotics Corporation, a surgical robotics company, focuses on developing transformative solutions in urology in the United States and internationally. The company develops, manufactures, and sells AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally invasive urologic surgery with a focus on treating benign prostatic hyperplasia (BPH). It also designs Aquablation therapy for males suffering from lower urinary tract symptoms due to BPH. PROCEPT BioRobotics Corporation was incorporated in 2007 and is he... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Sep 15, 2021
Employees 626
Stock Exchange NASDAQ
Ticker Symbol PRCT
Full Company Profile

Financial Performance

In 2023, PROCEPT BioRobotics's revenue was $136.19 million, an increase of 81.55% compared to the previous year's $75.01 million. Losses were -$105.90 million, 21.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PRCT stock is "Strong Buy." The 12-month stock price forecast is $97.86, which is an increase of 2.99% from the latest price.

Price Target
$97.86
(2.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

PROCEPT BioRobotics to Present at Upcoming 36th Annual Piper Sandler Healthcare Conference on December 4, 2024

SAN JOSE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transformative solu...

6 days ago - GlobeNewsWire

Procept BioRobotics: Continued Growth Runway Ahead

PRCT's Q3 sales were up 66% YoY, and gross margins reached a record 63%. Management forecasts $223mm in sales this year, with a 64% top-line growth. The business model ensures recurring revenue and op...

7 days ago - Seeking Alpha

PROCEPT BioRobotics Corporation Announces Pricing of Offering of Common Stock

SAN JOSE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (NASDAQ: PRCT) (“PROCEPT BioRobotics” or the “Company”), a surgical robotics company focused on advancing patient c...

4 weeks ago - GlobeNewsWire

PROCEPT BioRobotics Corporation Announces Proposed Offering of Common Stock

SAN JOSE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (NASDAQ: PRCT) (“PROCEPT BioRobotics” or the “Company”), a surgical robotics company focused on advancing patient c...

5 weeks ago - GlobeNewsWire

Surgical Robotics Provider PROCEPT BioRobotics' Q3 Earnings Beats Street View, Analyst Optimistic About Upside Potential

PROCEPT BioRobotics PRCT stock is trading on Monday after the company released better-than-expected third-quarter earnings.

5 weeks ago - Benzinga

PROCEPT BioRobotics Corporation (PRCT) Q3 2024 Earnings Call Transcript

PROCEPT BioRobotics Corporation (NASDAQ:PRCT) Q3 2024 Earnings Conference Call October 28, 2024 8:00 AM ET Company Participants Matt Bacso - Vice President, Investor Relations Reza Zadno - Chief Exec...

5 weeks ago - Seeking Alpha

PROCEPT BioRobotics® Reports Third Quarter 2024 Financial Results and Increases 2024 Revenue and Adjusted EBITDA Guidance

SAN JOSE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics Corporation (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transfor...

5 weeks ago - GlobeNewsWire

PROCEPT BioRobotics to Report Third Quarter 2024 Financial Results on October 28, 2024

SAN JOSE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (the “Company”) (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transfo...

7 weeks ago - GlobeNewsWire

PROCEPT BioRobotics Received U.S. FDA Approval to Initiate Pivotal Randomized Clinical Study for Prostate Cancer

A Prospective, Randomized, Multicenter Study Assessing the Safety and Efficacy of Aquablation Therapy in Men with Grade Group 1 to 3 Localized Prostate Cancer

2 months ago - GlobeNewsWire

PROCEPT BioRobotics to Present at Upcoming 2024 Wells Fargo Healthcare Conference on September 4, 2024

SAN JOSE, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transformative solu...

3 months ago - GlobeNewsWire

Procept BioRobotics: Risk Capital Unlock With FDA Hydros Approval

The FDA's approval of Procept's Hrydos system is a meaningful catalyst to the investment debate. Investors have added ~$5/share in market value since the announcement. PRCT's Q2 '24 numbers were equal...

3 months ago - Seeking Alpha

PROCEPT BioRobotics Announces FDA Clearance of the HYDROS™ Robotic System, the Next-Generation, AI-Powered Platform for Aquablation® Therapy

Designed to improve efficiency, enhance surgeon and staff experience and deliver a more accurate and consistent treatment plan for better clinical outcomes Designed to improve efficiency, enhance surg...

3 months ago - GlobeNewsWire

PROCEPT BioRobotics Corporation (PRCT) Q2 2024 Earnings Call Transcript

PROCEPT BioRobotics Corporation (NASDAQ:PRCT) Q2 2024 Earnings Conference Call August 1, 2024 4:30 AM ET Company Participants Matt Bacso - Vice President, Investor Relations Reza Zadno - President & ...

4 months ago - Seeking Alpha

PROCEPT BioRobotics® Reports Second Quarter 2024 Financial Results and Increases 2024 Revenue and EBITDA Guidance

SAN JOSE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics Corporation (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transfor...

4 months ago - GlobeNewsWire

PROCEPT BioRobotics to Report Second Quarter 2024 Financial Results on August 1, 2024

SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (the “Company”) (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transfo...

5 months ago - GlobeNewsWire

PROCEPT BioRobotics Announces New CPT® Category I Code from the American Medical Association for Aquablation therapy

SAN JOSE, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transfo...

6 months ago - GlobeNewsWire

PROCEPT BioRobotics to Present at Upcoming 2024 Truist Securities MedTech Conference on June 18, 2024

SAN JOSE, Calif., June 03, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transformative solu...

6 months ago - GlobeNewsWire

PROCEPT BioRobotics to Present at Upcoming 2024 Leerink Partners Healthcare Crossroads Conference and 44th Annual William Blair Growth Stock Conference

SAN JOSE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transformative solut...

7 months ago - GlobeNewsWire

Real-World, Long-Term Data Demonstrate Sustained Benefits of Aquablation Therapy for Men with Benign Prostatic Hyperplasia

Data from the Icahn School of Medicine at Mount Sinai and Potomac Urology presented at the 2024 AUA Annual Meeting highlight Aquablation therapy's potential to become the new standard of care in BPH f...

7 months ago - GlobeNewsWire

PROCEPT BioRobotics Corporation (PRCT) Q1 2024 Earnings Call Transcript

PROCEPT BioRobotics Corporation (NASDAQ:PRCT) Q1 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Matt Basco - Vice President, Investor Relations Reza Zadno - Chief Executive...

7 months ago - Seeking Alpha

PROCEPT BioRobotics Reports First Quarter 2024 Financial Results and Increases 2024 Revenue Guidance

SAN JOSE, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (Nasdaq: PRCT) (the “Company”), a surgical robotics company focused on advancing patient care by developing transfor...

7 months ago - GlobeNewsWire

PROCEPT BioRobotics Announces 12 Scientific Research Presentations on Aquablation Therapy for the Treatment of Benign Prostatic Hyperplasia at the 2024 AUA Annual Meeting

Presentations include first published experience report of same-day discharge in an ambulatory surgical center, real-world data outcomes and 5-year data comparison between two FDA trials Presentations...

8 months ago - GlobeNewsWire

PROCEPT BioRobotics Corp. Announces Investor Event at 2024 AUA Annual Meeting in San Antonio, Texas

SAN JOSE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transformative solutio...

8 months ago - GlobeNewsWire

PROCEPT BioRobotics to Report First Quarter 2024 Financial Results on May 1, 2024 and Attend the 2024 Bank of America Healthcare Conference on May 15, 2024

SAN JOSE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (the “Company”) (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transf...

8 months ago - GlobeNewsWire

PROCEPT BioRobotics Corporation (PRCT) Q4 2023 Earnings Call Transcript

PROCEPT BioRobotics Corporation (PRCT) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha