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Richtech Robotics (RR) Gets Buy Rating, $3.50 PT Despite Q3 Loss
Yahoo Financeยท 2025-09-22 07:19
Core Insights - Richtech Robotics Inc. (NASDAQ:RR) is recognized as a promising small-cap AI stock by hedge funds, with a Buy rating and a price target of $3.50 set by H.C. Wainwright analyst Scott Buck [1][3] - The company reported a loss of $4.1 million, or $0.04 per share, for Q3 2025, which is a decline from a loss of $0.02 per share in the same quarter last year [2][3] - Richtech's revenue for the quarter was $1.2 million, falling short of estimates, but the company secured several business deals that are expected to enhance Q4 revenue [2][3] Financial Performance - The quarterly loss of $0.04 per share is consistent with the trend of not surpassing consensus EPS estimates over the past four quarters [2] - The revenue of $1.2 million for the period indicates a challenging financial environment, but the company is optimistic about future growth due to new business agreements [2] Business Developments - A significant sales agreement valued at over $4 million was secured with Beijing Tongchuang Technology Development Co., Ltd., which is anticipated to positively impact Q4 revenues [3] - Richtech Robotics focuses on developing, manufacturing, and selling robotic solutions for automation in the service industry, including indoor transport, sanitation, and food & beverage automation [4]