Remember, they beat 11 straight qtrs in a row and something like 30 of the last 32 qtrs despite what have always been high multiples and high expectations from analysts. Historically analysts have been pretty far out in front of ISRG's own guidance, particularly in the early qtrs of the year.
Q1 could come in sequentially below Q4 due to expected seasonality but EPS are going to shine.
yes we were at $529 a few days ago, but we were also at record highs shortly before that. This is how a great growth stock acts. It makes a new high, takes a breather and then heads higher. Is that what is happening this time? Hard to know about the short term moves in the share price but I can tell you that ISRG's growth story is very much intact and it will be higher by the end of 2012 than it is now. So whether it goes up or down in the next 2 to 3 weeks, I couldn't care less.