Richtech Robotics (NASDAQ:RR) Shares Down 16% – Here’s What Happened

Richtech Robotics Inc. (NASDAQ:RR) was down 16% during mid-day trading on Thursday . The stock traded as low as $4.26 and last traded at $4.2650. Approximately 27,656,011 shares were traded during trading, a decline of 40% from the average daily volume of 45,784,145 shares. The stock had previously closed at $5.08.

More Richtech Robotics News

Here are the key news stories impacting Richtech Robotics this week:

• Positive Sentiment: Richtech closed a private placement raising roughly $38.7 million (8.5M Class B shares) to fund working capital, product development and robotic hardware purchases — a near‑term liquidity boost that supports operations and growth plans. Private Placement / Use of Proceeds
• Neutral Sentiment: Recent quarterly results (reported Jan. 20) showed a small EPS beat and modest revenue growth but continued negative margins and ROE, indicating operational improvement is still early and loss-making dynamics remain. (Company filings/earnings)
• Negative Sentiment: A short/report from Hunterbrook Media alleged the company misrepresented a “collaboration” with Microsoft’s AI Co‑Innovation Labs; that report is cited as the catalyst for the recent sharp sell‑off. Hunterbrook Report / Microsoft Collaboration Questions
• Negative Sentiment: Multiple plaintiff and investor‑rights law firms have opened inquiries or encouraged investors to contact them about possible securities claims (Rosen Law, Holzer & Holzer, Faruqi & Faruqi, Block & Leviton, Gibbs Mura), increasing legal overhang and likely adding selling pressure. Faruqi & Faruqi Investigation Notice Rosen Law Firm Notice
• Negative Sentiment: Analyst/commentary pieces have turned negative, labeling RR as overvalued/hype after the allegations; that narrative pressures sentiment and could reduce buy‑side interest until clarity is provided. Seeking Alpha Sell Thesis

Analysts Set New Price Targets

A number of research firms have weighed in on RR. HC Wainwright reiterated a “buy” rating and issued a $6.00 price target on shares of Richtech Robotics in a research report on Wednesday, January 21st. Weiss Ratings reissued a “sell (e+)” rating on shares of Richtech Robotics in a report on Monday, December 22nd. Finally, Wall Street Zen raised shares of Richtech Robotics from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $4.50.

Richtech Robotics Stock Performance

The stock has a market cap of $536.61 million, a PE ratio of -25.57 and a beta of -3.63. The stock’s 50-day moving average is $3.82 and its two-hundred day moving average is $3.69.

Richtech Robotics (NASDAQ:RR) last released its quarterly earnings results on Tuesday, January 20th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01. The business had revenue of $1.44 million during the quarter, compared to analyst estimates of $1.31 million. Richtech Robotics had a negative return on equity of 13.08% and a negative net margin of 312.09%.

Institutional Trading of Richtech Robotics

Several hedge funds have recently made changes to their positions in RR. Wealthfront Advisers LLC boosted its stake in shares of Richtech Robotics by 188.7% in the fourth quarter. Wealthfront Advisers LLC now owns 59,312 shares of the company’s stock valued at $192,000 after purchasing an additional 38,767 shares during the period. Pictet Asset Management Holding SA purchased a new position in Richtech Robotics in the 4th quarter valued at approximately $86,000. UBS Group AG grew its stake in shares of Richtech Robotics by 412.2% in the fourth quarter. UBS Group AG now owns 1,804,574 shares of the company’s stock worth $5,829,000 after acquiring an additional 1,452,236 shares in the last quarter. Arizona State Retirement System purchased a new stake in shares of Richtech Robotics during the fourth quarter worth $139,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Richtech Robotics in the fourth quarter valued at $254,000. Institutional investors and hedge funds own 0.01% of the company’s stock.

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.