Richtech Robotics (NASDAQ:RR) Stock Price Up 14.9% – Time to Buy?

Posted by Francis Steltz on May 15th, 2026

Richtech Robotics Inc. (NASDAQ:RR – Get Free Report) rose 14.9% during trading on Wednesday . The stock traded as high as $2.70 and last traded at $2.9530. Approximately 2,824,879 shares were traded during trading, a decline of 86% from the average daily volume of 19,521,145 shares. The stock had previously closed at $2.57.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports 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 shares of Richtech Robotics from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, HC Wainwright restated a “buy” rating and set a $6.00 target price on shares of Richtech Robotics in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $6.00.

Read Our Latest Report on RR

Richtech Robotics Stock Performance

The firm has a market capitalization of $608.73 million, a price-to-earnings ratio of -20.21 and a beta of -1.34. The business has a fifty day moving average price of $2.34 and a 200 day moving average price of $3.19.

Insider Buying and Selling at Richtech Robotics

In other Richtech Robotics news, insider Matthew G. Casella sold 12,500 shares of the company’s stock in a transaction dated 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 can be accessed through this hyperlink. Company insiders own 19.79% of the company’s stock.

Institutional Investors Weigh In On Richtech Robotics

A number of institutional investors have recently modified their holdings of RR. Vanguard Group Inc. raised its stake in Richtech Robotics by 164.0% during the third quarter. Vanguard Group Inc. now owns 4,612,887 shares of the company’s stock valued at $19,789,000 after buying an additional 2,865,386 shares in the last quarter. State Street Corp grew its position in shares of Richtech Robotics by 99.7% in the 4th quarter. State Street Corp now owns 4,446,247 shares of the company’s stock worth $14,361,000 after acquiring an additional 2,219,849 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Richtech Robotics by 73.5% in the 4th quarter. Geode Capital Management LLC now owns 3,586,863 shares of the company’s stock valued at $11,589,000 after acquiring an additional 1,519,613 shares during the last quarter. UBS Group AG increased its holdings in shares of Richtech Robotics by 412.2% in the 4th quarter. UBS Group AG now owns 1,804,574 shares of the company’s stock valued at $5,829,000 after acquiring an additional 1,452,236 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Richtech Robotics by 3,231.2% during the 2nd quarter. Bank of America Corp DE now owns 1,248,742 shares of the company’s stock valued at $2,435,000 after acquiring an additional 1,211,256 shares in the last quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

About Richtech Robotics

(Get Free Report)

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.