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Richtech Robotics (RR) to Post Earnings on Wednesday

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Key Points

  • Richtech Robotics is expected to report Q2 2026 results on Wednesday, September 2. Analysts forecast a loss of $0.05 per share and revenue of approximately $1.55 million.
  • Shares have risen 21.6% and recently opened at $1.97, while the company approved a $12 million share-repurchase program covering up to 3.3% of outstanding shares.
  • Analyst sentiment remains mixed, with one Buy, one Hold, and one Sell rating; the overall consensus is Hold, with a $6.00 price target.
  • Five stocks to consider instead of Richtech Robotics.

Richtech Robotics (NASDAQ:RR - Get Free Report) will likely be announcing its Q2 2026 resultson Wednesday, September 2nd. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $1.55 million for the quarter. Individuals can find conference call details on the company's upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, August 7, 2026 at 7:00 AM ET.

Richtech Robotics Trading Up 21.6%

Shares of RR opened at $1.97 on Wednesday. Richtech Robotics has a 12-month low of $1.30 and a 12-month high of $7.43. The firm has a 50-day moving average price of $1.75 and a 200 day moving average price of $2.25. The firm has a market capitalization of $443.45 million, a P/E ratio of -32.83 and a beta of -0.65.

Richtech Robotics declared that its Board of Directors has approved a share repurchase program on Tuesday, August 25th that permits the company to buyback $12.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 3.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Institutional Trading of Richtech Robotics

Several institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Richtech Robotics in the first quarter valued at about $1,630,000. Goldman Sachs Group Inc. acquired a new stake in shares of Richtech Robotics during the first quarter valued at about $459,000. Geode Capital Management LLC increased its position in shares of Richtech Robotics by 128.9% during the second quarter. Geode Capital Management LLC now owns 1,463,608 shares of the company's stock valued at $2,854,000 after acquiring an additional 824,253 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Richtech Robotics by 71.4% during the second quarter. JPMorgan Chase & Co. now owns 78,489 shares of the company's stock valued at $153,000 after acquiring an additional 32,684 shares during the last quarter. Finally, New York State Common Retirement Fund purchased a new stake in shares of Richtech Robotics in the 2nd quarter valued at approximately $95,000. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RR has been the topic of several recent analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Richtech Robotics in a report on Tuesday, July 21st. Freedom Capital raised shares of Richtech Robotics from a "strong sell" rating to a "hold" rating in a research report on Sunday, August 16th. Finally, Wall Street Zen raised shares of Richtech Robotics from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $6.00.

Read Our Latest Research Report on RR

About Richtech Robotics

(Get Free Report)

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.

See Also

Earnings History for Richtech Robotics (NASDAQ:RR)

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