Richtech Robotics (NASDAQ:RR – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.
Other equities research analysts have also issued reports about the company. Weiss Ratings restated a “sell (e+)” rating on shares of Richtech Robotics in a research note on Monday, December 22nd. HC Wainwright reissued a “buy” rating and set a $6.00 price target on shares of Richtech Robotics in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Richtech Robotics currently has a consensus rating of “Hold” and an average price target of $4.50.
Richtech Robotics Stock Performance
Richtech Robotics (NASDAQ:RR – Get Free Report) last issued its quarterly earnings data on Tuesday, January 20th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01. The firm had revenue of $1.44 million for the quarter, compared to analysts’ expectations of $1.31 million. Richtech Robotics had a negative net margin of 417.41% and a negative return on equity of 10.68%.
Hedge Funds Weigh In On Richtech Robotics
Hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. bought a new stake in Richtech Robotics during the 3rd quarter valued at approximately $38,000. Sovereign Financial Group Inc. purchased a new stake in Richtech Robotics during the 3rd quarter valued at approximately $43,000. Virtue Capital Management LLC bought a new stake in shares of Richtech Robotics during the third quarter valued at approximately $43,000. Axxcess Wealth Management LLC bought a new stake in shares of Richtech Robotics during the fourth quarter valued at approximately $32,000. Finally, Cibc World Markets Corp purchased a new position in shares of Richtech Robotics in the fourth quarter worth $33,000. Institutional investors own 0.01% of the company’s stock.
Richtech Robotics News Summary
Here are the key news stories impacting Richtech Robotics this week:
- Neutral Sentiment: Quarterly results were mixed: RR reported ($0.02) EPS in its most recent quarter (in line with consensus) but revenue of $1.15M missed the $1.31M estimate — a modest operational negative that tempers the positive EPS headline. Richtech quarterly results
- Negative Sentiment: Hagens Berman announced a securities class action highlighting reports that Microsoft denied a commercial partnership with Richtech, which coincided with a >20% share drop on Jan. 29 — the lawsuit alleges possible pump‑and‑dump activity and seeks relief for purchasers during Jan. 27–29. This allegation and associated publicity materially raise reputational and legal risk. Richtech hit with securities class action
- Negative Sentiment: Multiple plaintiff firms (Rosen, Schall, Pomerantz, Bragar Eagel & Squire, Glancy Prongay Wolke, Gross, Portnoy, Kirby McInerney and others) have filed or solicited lead‑plaintiff claims for the same Jan. 27–29 class period and are pushing the April 3, 2026 lead‑plaintiff deadline. The volume of filings increases the probability of consolidation, litigation costs, and management distraction. Example notices: Schall Law Firm notice
- Negative Sentiment: Additional firm reminders continue to appear (Bragar Eagel & Squire; Rosen Law Firm; Pomerantz; Glancy Prongay Wolke & Rotter), keeping the story in the press and likely maintaining trading volatility and downside pressure until litigation risk is resolved. Example: Bragar reminder. Bragar class action reminder
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.
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