Procept BioRobotics' Addressable Market Estimate Challenged by Spruce Point Capital

MT Newswires Live

2025/01/16

Procept BioRobotics' (PRCT) estimate of its addressable market "is overly exaggerated," Spruce Point Capital Management said in a short report Thursday.

Spruce Point also said the company's claim that it will fundamentally change current benign prostatic hyperplasia protocols is "unrealistic, since there is no one-size-fits-all BPH treatment."

Procept BioRobotics didn't immediately respond to a request for comment from MT Newswires.

The company's shares were down 0.9% in recent trading.

Price: 77.64, Change: -0.67, Percent Change: -0.86

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