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Promising Robotics Stocks To Follow Today - July 17th

Teradyne logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat identified seven robotics stocks to watch today — Teradyne, Ouster, MDA Space, PROCEPT BioRobotics, Serve Robotics, Richtech Robotics, and Arbe Robotics. The list is based on stocks with the highest recent dollar trading volume.
  • The companies span multiple robotics-related niches, including industrial automation, lidar sensors, space robotics, surgical robotics, delivery robots, service automation, and automotive radar. This shows how broad the robotics investment theme has become across sectors.
  • Teradyne and Ouster are highlighted as key names because of their roles in automated test systems/robotics and lidar sensor technology, respectively. Both are positioned to benefit from growth in automation and autonomous systems.
  • Five stocks we like better than Teradyne.

Teradyne, Ouster, MDA Space, PROCEPT BioRobotics, Serve Robotics, Richtech Robotics, and Arbe Robotics are the seven Robotics stocks to watch today, according to MarketBeat's stock screener tool. “Robotics stocks” are shares of publicly traded companies involved in designing, manufacturing, or supplying robots, automation systems, and related technologies such as sensors, artificial intelligence, and industrial controls. For stock market investors, the term usually refers to companies that may benefit from the growing use of robotics across industries like manufacturing, healthcare, logistics, and defense. These companies had the highest dollar trading volume of any Robotics stocks within the last several days.

Teradyne (TER)

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.

Read Our Latest Research Report on TER

Ouster (OUST)

Ouster, Inc. provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.

Read Our Latest Research Report on OUST

MDA Space (MDA)

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure.

Read Our Latest Research Report on MDA

PROCEPT BioRobotics (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).

Read Our Latest Research Report on PRCT

Serve Robotics (SERV)

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023.

Read Our Latest Research Report on SERV

Richtech Robotics (RR)

Richtech Robotics Inc. develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.

Read Our Latest Research Report on RR

Arbe Robotics (ARBE)

Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.

Read Our Latest Research Report on ARBE

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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