Richtech Robotics (NASDAQ:RR – Get Free Report) is anticipated to release its Q2 2026 results before the market opens on Wednesday, May 13th. Analysts expect Richtech Robotics to post earnings of ($0.03) per share and revenue of $1.89 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, May 13, 2026 at 9:30 AM ET.
Richtech Robotics Stock Down 1.6%
NASDAQ:RR opened at $2.41 on Wednesday. The firm has a 50 day moving average of $2.32 and a 200 day moving average of $3.33. Richtech Robotics has a 52 week low of $1.71 and a 52 week high of $7.43. The stock has a market capitalization of $518.39 million, a price-to-earnings ratio of -17.21 and a beta of -1.34.
Analysts Set New Price Targets
Several brokerages have recently commented on RR. Weiss Ratings reiterated a “sell (d-)” rating on shares of Richtech Robotics in a report on Friday, April 24th. Wall Street Zen downgraded Richtech Robotics from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $6.00 target price on shares of Richtech Robotics in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Richtech Robotics currently has an average rating of “Hold” and a consensus target price of $6.00.
Insider Transactions at Richtech Robotics
In other Richtech Robotics news, insider Matthew G. Casella sold 12,500 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $2.68, for a total value of $33,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 19.79% of the company’s stock.
Hedge Funds Weigh In On Richtech Robotics
Several hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers raised its stake in Richtech Robotics by 38.7% in the 4th quarter. Cetera Investment Advisers now owns 22,305 shares of the company’s stock worth $72,000 after acquiring an additional 6,219 shares during the last quarter. Invesco Ltd. purchased a new stake in Richtech Robotics during the 2nd quarter valued at about $71,000. Russell Investments Group Ltd. increased its holdings in shares of Richtech Robotics by 109.7% in the fourth quarter. Russell Investments Group Ltd. now owns 18,614 shares of the company’s stock valued at $60,000 after purchasing an additional 9,736 shares during the period. Equitable Holdings Inc. purchased a new position in shares of Richtech Robotics in the fourth quarter worth about $52,000. Finally, Victory Capital Management Inc. purchased a new position in shares of Richtech Robotics in the third quarter worth about $51,000. 0.01% of the stock is owned by institutional investors and hedge funds.
Richtech Robotics Company Profile
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.
Further Reading
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