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Robotics Stocks To Consider - October 16th

Richtech Robotics logo with Business Services background

Key Points

  • MarketBeat highlights Richtech Robotics, Serve Robotics, and Teradyne among the top seven robotics stocks to watch, driven by technological innovation and market demands.
  • Richtech Robotics specializes in providing automation solutions for the service industry, including delivery and cleaning robots.
  • Serve Robotics focuses on developing low-emission self-driving delivery robots, aiming to enhance food delivery services in public spaces across the U.S.
  • Five stocks to consider instead of Richtech Robotics.

Richtech Robotics, Serve Robotics, Teradyne, Ouster, PROCEPT BioRobotics, Arbe Robotics, and Mobilicom are the seven Robotics stocks to watch today, according to MarketBeat's stock screener tool. Robotics stocks are shares of companies that design, manufacture, or supply robots, automation systems, components, and enabling software, giving investors exposure to the adoption of robotics across industries like manufacturing, logistics, healthcare, and consumer products. They include pure-play robotics firms as well as larger industrial and technology companies with robotics divisions, and their performance is driven by technological innovation, adoption rates, and execution and market-cycle risks. These companies had the highest dollar trading volume of any Robotics stocks within the last several days.

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

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

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

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

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

Mobilicom (MOB)

Mobilicom Limited operates as an end-to-end provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. It designs, develops, and delivers smart solutions, such as cloud management software, communication datalink and mobile mesh networking terminals, handheld control terminals, and professional services and support for drone, robotics, and autonomous system manufacturers, as well as hardware products and software solutions.

Read Our Latest Research Report on MOB

Further Reading

Should You Invest $1,000 in Richtech Robotics Right Now?

Before you consider Richtech Robotics, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Richtech Robotics wasn't on the list.

While Richtech Robotics currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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