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  "documentTitle": "PROCEPT BioRobotics Corporation (PRCT)",
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      "text": "Only Procept's poor recent stock performance has created meaningful upside to sell-side price targets.",
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      "text": "Only Procept’s poor recent stock performance has created meaningful upside to sell-side price targets.",
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      "text": "EV / Revenue: 14.1x",
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      "text": "Procept is trading at a $4.7 billion market cap and over 14x 2025E revenue despite slowing topline growth and zero near-term profitability.",
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      "text": "(1) Pro forma for secondary equity offering... (2) Includes 4.3m options... (3) Includes $29.2m of operating lease liabilities. Estimates from S&P Capital IQ consensus as of 1/15/25. Source: S&P Capital IQ, Bloomberg",
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      "text": "Procept Has A $4.7 Billion Market Cap Despite Supplying A Niche Product Into A Small Market",
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