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Robotics Stocks To Keep An Eye On - October 24th

Richtech Robotics logo with Business Services background

Key Points

  • Richtech Robotics, along with Teradyne, Serve Robotics, Ouster, and PROCEPT BioRobotics, are identified as the top five robotics stocks to watch due to their significant trading volume and exposure to automation trends.
  • Serve Robotics focuses on creating low-emission self-driving delivery robots for public spaces, reflecting a growing trend in robotics for efficient service delivery.
  • PROCEPT BioRobotics specializes in surgical robotics, particularly the AquaBeam Robotic System, which offers innovative solutions for minimally invasive urologic procedures.
  • Five stocks we like better than Richtech Robotics.

Richtech Robotics, Teradyne, Serve Robotics, Ouster, and PROCEPT BioRobotics are the five Robotics stocks to watch today, according to MarketBeat's stock screener tool. Robotics stocks are shares of publicly traded companies whose business centers on designing, manufacturing, integrating, or supplying robots, robotic components, automation systems, or the enabling software and sensors. Investors buy these stocks to gain exposure to automation and productivity trends—ranging from pure-play robot makers to diversified industrial and software firms—and should weigh sector-specific risks like rapid technological change, heavy R&D investment, and cyclical demand. 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

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

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

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

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.

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