Vicarious Surgical (RBOT) AI Stock Analysis

• Market Cap: $34.64M
• Dividend Yield: N/A
• Average Volume (3M): 36.98K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.44
• Revenue Growth: N/A
• EPS Growth: 6.48%
• Country: US
• Employees: 123
• Sector: Healthcare
• Sector Strength: 51
• Industry: Medical - Devices
• EPS (TTM): -2.23
• Shares Outstanding: 5,298,253
• 10 Day Avg. Volume: 37,054
• 30 Day Avg. Volume: 36,981
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 16.16
• Enterprise Value/Gross Profit: -138.41
• Enterprise Value/Ebitda: -0.57
• 1Y Price Target: $10.00
• Price Target Upside: 71.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 39 Underperform
• Price Target: ―

Vicarious Surgical's stock score reflects significant financial challenges as a pre-revenue company with high cash burn, offset by a moderately stable balance sheet. Technical analysis indicates bearish sentiment, compounded by valuation challenges due to negative earnings. While the earnings call showed strategic advancements, supply chain delays and NYSE compliance issues pose risks. Successful clinical trials and improved cash management will be critical for future performance.

Positive Factors

System Integration Success

The successful integration of the Version 1.0 system marks a significant milestone, enhancing the company's readiness to bring its robotic surgery platform to market, potentially accelerating future revenue generation.

Partnership Expansion

Agreements with major health institutions bolster Vicarious Surgical's market position, facilitating the development of educational protocols and increasing the adoption of its technology, which is crucial for long-term growth.

Operating Expense Reduction

A 17% reduction in operating expenses demonstrates effective cost management, improving financial sustainability and allowing more resources to be allocated towards strategic growth initiatives.

Negative Factors

Supply Chain Disruptions

Supply chain disruptions delay clinical trials, impacting the timeline for product commercialization and potentially affecting the company's competitive edge and revenue prospects.

NYSE Non-Compliance Notice

The NYSE non-compliance notice poses a risk to the company's stock listing, potentially affecting investor confidence and access to capital, which are critical for ongoing operations and growth.

Delayed Clinical Trials

Delays in clinical trials postpone the timeline for regulatory approval and market entry, hindering the company's ability to generate revenue and achieve market penetration in a timely manner.

Vicarious Surgical Business Overview & Revenue Model

Company Description

Vicarious Surgical Inc. engages in developing and selling single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. It offers Vicarious System, a single-incision surgical robot for ventral hernia repair. The company was incorporated in 2014 and is headquartered in Waltham, Massachusetts.

How the Company Makes Money

Vicarious Surgical makes money primarily through the sale and leasing of its robotic surgical systems to hospitals and surgical centers. The company may also generate revenue through service contracts and maintenance agreements, ensuring the optimal functionality of its robotic platforms. Additionally, Vicarious Surgical could engage in strategic partnerships with healthcare providers and institutions to expand the adoption of its technology. These partnerships may involve collaborative research, co-development of surgical techniques, and training programs for surgeons. Furthermore, as the company's technology advances, it may explore revenue opportunities through software licensing, offering AI-driven analytics and insights as a service to enhance surgical performance and patient outcomes.

Vicarious Surgical Financial Statement Overview

Summary

Vicarious Surgical is a pre-revenue company with significant operating losses impacting its financial performance score. The balance sheet is moderately stable with low leverage, but persistent losses and negative cash flows are concerns. The company's focus on product development will be crucial for future financial improvement.

Income Statement

Vicarious Surgical has reported zero revenue consistently, indicating a pre-revenue stage company. This lack of revenue growth severely impacts the ability to assess profitability metrics like gross and net profit margins, which remain negative due to high operating losses.

Balance Sheet

The balance sheet reflects a moderate leverage position with a debt-to-equity ratio of 0.30 in 2024, highlighting a manageable level of debt. However, declining equity due to persistent losses could pose future risks. The positive equity ratio of 68.95% suggests some stability in financial structure despite challenges.

Cash Flow

The company demonstrates negative free cash flow, indicating cash outflows exceed operating inflows, which is typical for a development-stage firm. The negative operating cash flow to net income ratio shows operational challenges, though cash reserves have been bolstered through financing activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.09M	0.00	0.00	0.00	0.00	0.00
Gross Profit	-244.00K	-2.11M	-1.85M	-1.94M	-316.00K	0.00
EBITDA	-58.87M	-61.12M	-69.19M	-78.97M	-34.80M	-12.83M
Net Income	-59.63M	-63.22M	-71.07M	5.16M	-35.21M	-12.88M
Balance Sheet
Total Assets	40.89M	67.72M	119.86M	140.29M	181.69M	17.79M
Cash, Cash Equivalents and Short-Term Investments	23.96M	49.10M	98.18M	116.21M	173.51M	16.87M
Total Debt	13.20M	13.79M	14.83M	15.69M	1.34M	110.00K
Total Liabilities	17.83M	21.02M	21.89M	29.25M	98.95M	935.00K
Stockholders Equity	23.06M	46.70M	97.97M	111.05M	82.74M	16.85M
Cash Flow
Free Cash Flow	-49.95M	-50.14M	-63.98M	-66.56M	-34.59M	-12.16M
Operating Cash Flow	-49.78M	-49.96M	-62.30M	-61.21M	-33.30M	-12.04M
Investing Cash Flow	33.39M	6.86M	-45.78M	-5.35M	-1.29M	13.20M
Financing Cash Flow	47.00K	8.00K	44.70M	9.14M	192.16M	13.52M

Vicarious Surgical Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RBOT, the sentiment is Negative. The current price of 5.82 is below the 20-day moving average (MA) of 6.29, below the 50-day MA of 8.13, and below the 200-day MA of 9.70, indicating a bearish trend. The MACD of -0.67 indicates Negative momentum. The RSI at 38.43 is Neutral, neither overbought nor oversold. The STOCH value of 28.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RBOT.

Vicarious Surgical Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SIBN	63 Neutral	$675.59M	―	-14.18%	―	22.93%	43.83%
KIDS	52 Neutral	$509.75M	―	-11.49%	―	26.08%	-63.67%
RXST	52 Neutral	$385.43M	―	-11.66%	―	27.68%	20.87%
Sector *	51 Neutral	$8.02B	-0.39	-43.38%	2.20%	22.34%	-2.13%
PRCT	50 Neutral	$2.09B	―	-26.40%	―	55.71%	24.37%
TLSI	47 Neutral	$233.38M	―	271.41%	―	45.50%	53.07%
RBOT	39 Underperform	$34.64M	―	-125.63%	―	―	6.48%

Vicarious Surgical Corporate Events

Vicarious Surgical Faces NYSE Non-Compliance Notice

On April 10, 2025, Vicarious Surgical received a notice from the NYSE indicating non-compliance with listing standards due to its market capitalization and stockholders’ equity both being below $50 million. The company has 45 days to submit a compliance plan to the NYSE, which, if accepted, will allow its stock to continue trading with a ‘.BC’ designation indicating below-criteria status. This notice does not affect the company’s operations or SEC reporting obligations, and Vicarious Surgical is exploring options to regain compliance.

Spark’s Take on RBOT Stock

According to Spark, TipRanks’ AI Analyst, RBOT is a Underperform.

The overall score for Vicarious Surgical’s stock is 38, reflecting significant financial challenges due to its early-stage status with zero revenue and high cash burn. Technical indicators point to bearish momentum, while valuation remains unattractive with a negative P/E. The earnings call highlighted both strategic advancements and operational delays, balancing the outlook slightly. The company’s future relies on successful clinical trials and managing supply chain issues.

To see Spark’s full report on RBOT stock, click here.

Vicarious Surgical Appoints New Chief Financial Officer

On March 13, 2025, Vicarious Surgical announced the appointment of Sarah Romano as Chief Financial Officer, effective April 1, 2025. Romano, with over two decades of financial experience, is expected to leverage her expertise in financial strategy and corporate development to drive the company’s financial objectives and success, particularly as Vicarious Surgical approaches its first clinical use cases later this year.

Vicarious Surgical Announces COO Retirement in 2025

On February 12, 2025, Vicarious Surgical announced the planned retirement of its Chief Operating Officer, John Mazzola, effective April 1, 2025. Mazzola, who has nearly 40 years of experience in healthcare manufacturing and quality control, has been pivotal in advancing the company’s manufacturing processes and supply chain resilience, positioning Vicarious Surgical for upcoming clinical use cases and trials. His responsibilities will transition to Randy Clark, the company’s President.