Richtech Robotics Inc.
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Investor Notice: Shareholder Rights Law Firm Robbins LLP Informs Investors of the Picard Medical, Inc. Securities Class Action Lawsuit
Businesswire· 2026-02-03 17:58
Core Viewpoint - Robbins LLP has announced a class action lawsuit against Picard Medical, Inc. for alleged fraudulent stock promotion activities that misled investors [1] Group 1: Allegations Against Picard Medical, Inc. - The lawsuit claims that Picard Medical was involved in a fraudulent stock promotion scheme that utilized social media misinformation and impersonated financial professionals [1] - It is alleged that insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign [1] - The company's public statements and risk disclosures reportedly omitted any mention of false rumors and artificial trading activity that influenced the stock price [1] Group 2: Stock Price Impact - On October 24, 2025, Picard Medical's stock price fell sharply by 70%, dropping to $3.99 per share [1] - Following the initial crash, the stock price has continued to decline, reaching approximately $2.00 per share [1] Group 3: Class Action Participation - Investors who purchased Picard Medical securities between September 2, 2025, and October 31, 2025, may be eligible to participate in the class action [1] - Shareholders wishing to serve as lead plaintiff must file their papers with the court by April 3, 2026 [1] - Participation in the case is not required to be eligible for recovery, allowing investors to remain absent class members if they choose [1]
INVESTOR ALERT: Securities Class Action Filed Against Richtech Robotics Inc. – Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2026-02-03 16:22
Core Viewpoint - A class action lawsuit has been filed against Richtech Robotics Inc. on behalf of investors who acquired its securities during the specified class period from January 27, 2026, to January 29, 2026 [1] Summary by Relevant Sections - **Company Information** - Richtech Robotics Inc. is identified as a publicly traded company on NASDAQ under the ticker symbol RR [1] - **Legal Proceedings** - The lawsuit is initiated by the law firm Kirby McInerney LLP, indicating potential legal challenges faced by the company [1] - Investors who suffered losses during the class period have until April 3, 2026, to request lead plaintiff appointment [1]
Microsoft Heads Into Earnings As AI Partnerships Take Center Stage
Yahoo Finance· 2026-01-28 23:01
Microsoft Corporation (NASDAQ:MSFT) is in the spotlight Wednesday ahead of its second-quarter earnings report today after the market closes. Microsoft Heads Into Earnings With AI Initiatives In Focus The earnings report comes amid its recent announcement of a significant partnership with Richtech Robotics Inc. (NASDAQ:RR) in AI which adds both opportunity and pressure to the narrative. With shares down just over 6% in the past six months, the company must clear the high bar of $80.27 billion in revenue to ...
Seagate Technology, Texas Instruments, Richtech Robotics, Corning And Lam Research: Why These 5 Stocks Are On Investors' Radars Today - Seagate Technology Hldgs (NASDAQ:STX)
Benzinga· 2026-01-28 01:24
Market Overview - Wall Street experienced renewed momentum with the S&P 500 reaching fresh highs, while major U.S. indices closed mixed. The Dow Jones Industrial Average decreased by 0.8% to 49,003.41, the S&P 500 increased by 0.41% to 6,978.60, and the Nasdaq rose by 0.9% to 23,817.09 [1] Seagate Technology Holdings Plc - Seagate's stock increased by 3.76% to close at $371.76, with an intraday high of $383.88 and a low of $361. The stock's 52-week range is between $63.21 and $383.88. In after-hours trading, the stock rose by 9.66% to $407.64 [1] - Seagate reported second-quarter earnings of $3.11 per share, surpassing estimates of $2.81, with revenue of $2.83 billion, exceeding the consensus of $2.73 billion and up from $2.33 billion a year earlier. The results were driven by strong data center demand and momentum from HAMR-based Mozaic products. For the third quarter, Seagate guided for adjusted EPS of $3.20–$3.60 and revenue of $2.8–$3.0 billion, both ahead of Wall Street expectations [2] Texas Instruments Inc. - Texas Instruments saw a marginal increase of 0.02%, closing at $196.63, with an intraday high of $198.41 and a low of $194.34. The stock's 52-week range is $139.95 to $221.69. In after-hours trading, the stock surged by 8.08% to $212.51 [3] - Texas Instruments reported fourth-quarter revenue of $4.42 billion, slightly missing estimates of $4.44 billion, while earnings were $1.27 per share, below the consensus of $1.30. The results included a six-cent per share reduction not part of its original guidance, despite a 10% year-over-year revenue increase. The company generated $7.2 billion in operating cash flow and $2.9 billion in free cash flow over the past 12 months, ending the quarter with $3.23 billion in cash. For the first quarter, the company guided revenue of $4.32–$4.68 billion and earnings of $1.22–$1.48 per share, broadly in line to slightly above expectations [4] Richtech Robotics Inc. - Richtech Robotics surged by 44.62%, closing at $5.51, with an intraday high of $5.60 and a low of $4.05. The stock's 52-week range is $1.37 to $7.43 [5] - The company announced a new partnership with Microsoft to enhance its AI capabilities, which significantly contributed to the stock's gains. The partnership focuses on integrating Azure AI vision, voice, and reasoning tools into its ADAM robot, enabling more contextual and autonomous behavior. The upgraded ADAM platform can now consider various factors such as time of day and weather, while proactively addressing potential operational issues [6] Corning Incorporated - Corning's stock jumped by 15.55% to $109.74, with an intraday high of $113.99 and a low of $100.97. The stock rose by 3.88% in extended trading to $114 [7] - A $6 billion deal with Meta Platforms to supply data center infrastructure significantly boosted Corning's shares. The agreement involves supplying Meta with optical fiber, cable, and connectivity solutions tailored for high-density AI data centers, aimed at supporting Meta's AI applications and infrastructure needs. Corning plans to expand manufacturing capacity in North Carolina, including a major expansion at its Hickory optical cable facility, where Meta will be the anchor customer [8] Lam Research - Lam Research's stock rose by 7.00%, closing at $238.46, with an intraday high of $239.5 and a low of $228.76. The stock rose by 1.07% to $241 in after-hours trading [9] - Investors are anticipating the company's upcoming earnings report, with expectations of positive guidance and performance exceeding expectations. Analysts expect Lam Research to report EPS of $1.17, with a focus on both potential earnings beats and forward guidance [10]
Is Banzai International, Inc. (BNZI) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2026-01-23 15:41
Company Overview - Banzai International, Inc. (BNZI) is part of the Business Services group, which consists of 238 companies and is currently ranked 12 in the Zacks Sector Rank [2] - The company operates within the Advertising and Marketing industry, which includes 16 companies and is ranked 97 in the Zacks Industry Rank [6] Performance Metrics - Banzai International, Inc. has achieved a year-to-date return of approximately 25.3%, significantly outperforming the Business Services sector, which has returned an average of -9.5% [5] - The Zacks Consensus Estimate for BNZI's full-year earnings has increased by 45.2% over the past three months, indicating a positive shift in analyst sentiment [4] Comparative Analysis - Another company in the Business Services sector, Richtech (RR), has also outperformed the sector with a year-to-date return of 35.3% [5] - Richtech's current year EPS consensus estimate has risen by 20% in the last three months, and it holds a Zacks Rank of 2 (Buy) [6] Industry Context - The Advertising and Marketing industry, where Banzai operates, has seen an average loss of 16.7% this year, highlighting BNZI's relative strength in this area [6] - In contrast, the Technology Services industry, which includes Richtech, has experienced a positive movement of +14.6% since the beginning of the year [7]
Richtech Robotics Is A Dilution Trap (Rating Downgrade)
Seeking Alpha· 2026-01-21 14:30
Group 1 - The article discusses Richtech Robotics Inc. (RR) as a potential investment opportunity in the robotics sector, highlighting the author's personal interest in the stock [1] - The analysis aims to cater to both beginners and advanced readers, providing a well-reasoned perspective on the company's performance and market position [1] Group 2 - The author operates a YouTube channel called "The Market Monkeys," where stocks, including Richtech Robotics, are analyzed [1]
Richtech Robotics Inc. (RR)’ Humanoid Dex Takes Center Stage at CES 2026
Yahoo Finance· 2025-12-30 17:26
Group 1 - Richtech Robotics Inc. is recognized as one of the most promising robotics stocks according to Wall Street analysts [1] - The company plans to showcase its mobile humanoid robot, Dex, at CES 2026, which is designed for dynamic environments and real-time reasoning [2] - Street analysts have a consensus Hold rating for Richtech Robotics Inc. with an average price objective of $4.50, indicating a potential upside of approximately 22.45% from the current price of $3.68 [3] Group 2 - Richtech Robotics Inc. specializes in AI-driven robotic solutions for various sectors including service, hospitality, healthcare, retail, and industrial environments [4] - The company is headquartered in Las Vegas, Nevada, and develops autonomous robots like ADAM, Scorpion, and Titan, which utilize advanced AI and machine vision [4]
Richtech Robotics vs. Coherent: Which Tech Stock Offers Better Growth?
ZACKS· 2025-12-26 17:56
Core Insights - Coherent Corp. (COHR) demonstrates strong financial performance driven by demand from AI-related datacenters and communications, while Richtech Robotics Inc. (RR) is transitioning to a Robotics-as-a-Service (RaaS) model, impacting its revenue negatively in the short term [1][16][17]. Coherent Corp. (COHR) - COHR reported a 17.3% year-over-year revenue increase and a 3.4% sequential growth in Q1 fiscal 2026, attributed to robust demand in AI and communications sectors [2]. - The company achieved a remarkable 244.5% year-over-year increase in operating income, showcasing effective expense management [2]. - A 40-basis-point decline in R&D expenses as a percentage of revenue indicates COHR's operational efficiency and scalability [3]. - The adoption of 800G and 1.6T transceivers reflects strong product demand, with expectations for continued growth in 2026 [4]. - COHR maintains a solid balance sheet with $875 million in cash reserves and a current debt of $48 million, resulting in a current ratio of 2.33, significantly above the industry average [5]. - The Zacks Consensus Estimate for COHR's fiscal 2026 sales is $6.7 billion, indicating a 15.1% year-over-year growth, with an EPS estimate of $5.1, suggesting a 44.5% increase [11][12]. Richtech Robotics Inc. (RR) - RR's revenue for Q3 fiscal 2025 was $1.2 million, an 18.4% decline from the previous year, as the company shifts to a RaaS model [6]. - Despite the revenue drop, RR achieved a gross margin of 74.4%, up 420 basis points year-over-year, indicating effective cost management [6]. - The company's product strategy, including offerings like ADAM and Titan 440, is crucial for capturing the RaaS market, which is projected to grow at a CAGR of 17.1% through 2034 [7]. - RR holds $86 million in cash with no current debt, resulting in a current ratio of 120.2, indicating strong liquidity [8]. - The Zacks Consensus Estimate for RR's fiscal 2025 sales is $5 million, suggesting an 18.2% year-over-year increase, with a projected loss per share of 15 cents [13]. - RR's net loss in Q3 fiscal 2025 was $4.1 million, compared to a loss of $1.3 million in the previous year, primarily due to a 254.7% increase in general and administrative expenses [9][10]. Valuation Comparison - COHR is trading at a forward price-to-sales multiple of 4.2, above its 3-month median of 3.2, while RR's multiple is significantly higher at 39.65, compared to its median of 44.91 [14]. - Despite both companies being fundamentally strong, COHR is viewed as offering more growth potential due to its lower valuation compared to RR [18].
Richtech (RR) Surges 8% Ahead of Robotics Showcase
Yahoo Finance· 2025-12-25 15:38
Core Insights - Richtech Robotics Inc. (NASDAQ:RR) has shown strong performance, increasing by 8.31% to close at $3.65, as investors prepare for an upcoming technology conference where the company will showcase its new robotics solution [1][4]. Group 1: Upcoming Event - The CES 2026 will take place from January 6 to 9 at the Las Vegas Convention Center, where Richtech Robotics will officially demonstrate its humanoid robot, Dex [2]. - Dex is designed to adapt with real-time reasoning, perform complex tasks with precision, and operate in dynamic environments, with a battery life of four hours on a single charge [2]. Group 2: Product Capabilities - Dex's demonstration will include mobility and operational capabilities, such as making coffee, food delivery, and logistics delivery systems, along with enhanced visual monitoring features [3]. - The robot has been trained using Nvidia's open-source reference frameworks, NVIDIA Isaac Sim and NVIDIA Isaac Lab, indicating a strong technological foundation [4].
RR's Operating Expenses Rising: Can It Manage While Scaling?
ZACKS· 2025-12-22 18:21
Core Insights - Richtech Robotics Inc. (RR) is facing significant challenges with rising operating expenses that are outpacing revenue growth, with total operating expenses increasing by 150.8% year over year while revenues decreased by 3.1% as of the nine months ended June 30, 2025 [1][8] Financial Performance - The surge in operating expenses is largely attributed to a 268.7% increase in general and administrative costs, driven by higher personnel costs and professional fees [1][8] - Despite a reduction in research and development expenses by 18.1% year over year, the transition to a Robotics-as-a-Service (RaaS) model requires substantial upfront capital [2] - The company has a strong liquidity position with cash and equivalents totaling $86 million, along with an additional $21.8 million from an at-the-market offering, bringing total cash to $107.8 million [3] - Net cash utilized in operating activities amounted to $11.2 million, indicating that the company can potentially fund its innovation gap using its cash reserves [3] Strategic Outlook - The shift to multi-year service agreements (MSAs) is seen as a promising avenue for generating high-margin recurring revenues, although successful execution is critical [4] - There is an urgent need to optimize personnel costs and scale development quickly to ensure sustainable profitability before competition intensifies [4] Market Performance - Over the past six months, RR's stock has increased by 98.8%, underperforming compared to Coherent Corp. (130.4%) and GigaCloud Technology Inc. (119.1%), while outperforming the overall industry, which has rallied by 22.7% [5] Valuation Metrics - RR trades at a 12-month forward price-to-sales ratio of 38.45, which is significantly higher than Coherent's 4.08 and GigaCloud Technology's 1.06, indicating a premium valuation [9] - The company has a Value Score of F, while its peers Coherent and GigaCloud Technology have scores of D and A, respectively [12]