Latest news with #RoboGlobalRoboticsandAutomationIndexETF
Yahoo
31-03-2025
- Business
- Yahoo
UiPath Inc. (NYSE:PATH): One of the Best Robotics Stocks to Buy According to Billionaires
We recently published a list of the 10 Best Robotics Stocks to Buy According to Billionaires. In this article, we are going to take a look at where UiPath Inc. (NYSE:PATH) stands against the other robotics stocks held by billionaires. The robotics industry has grown modestly over the past few years. Robotic companies are growing faster than ever, driven by advancements in technology since the emergence of AI. Especially, humanoid robots are rapidly growing in the global market, driven by AI. According to Goldman Sachs' research, the total addressable market for humanoid robots is projected to cross $38 billion by 2035, a massive upgrade from its previous forecast of $6 billion in 2023. Read More: 10 Cheap Robotics Stocks To Invest In Now Morgan Stanley expects the humanoid robot units to reach 40,000 by 2030 and cross 63 million by 2050. Citigroup is even more bullish, anticipating a $7 trillion humanoid robot market by 2050, with 1.19 billion humanoid robots in operation. Adam Jonas from Morgan Stanley expects humanoid robots to be a multi-decade, trillion-dollar opportunity as the adoption could accelerate faster for autonomous vehicles. In 2023, the new World Robotics report noted around 4.28 million units operating in factories globally, growing by 10% compared to 2022. Annual installations surpassed half a million units for the third consecutive year. Asia remains the hot region for robots, with 70% of all newly deployed robots in 2023 installed in Asia. China, Japan, South Korea, and India are some of the largest robotics markets in the world. China leads the market, recording 276,288 industrial robots installed in 2023, representing 51% of the global installations. The U.S. has the largest robotics market in the region, accounting for 68% of installations in the Americas in 2023. The U.S. stock market has been under pressure due to tariffs as the broader market has plunged over 4.50% year-to-date. At the same time, Global X Robotics & Artificial Intelligence ETF (BOTZ) and Robo Global Robotics and Automation Index ETF (ROBO), which returned over 11% in 2024, have dropped nearly 10% and 7% year-to-date, respectively. Despite the market facing political headwinds, robotics stocks hold great promise, considering the rising demand for humanoids and automation systems. An investor intently studying a diversified portfolio of stocks & bonds on a digital tablet. Our Methodology To compile our list of the best robotics stocks to buy according to billionaires, we looked for the robotics and automation companies widely held by billionaires. Data for the billionaire holders for each stock was taken from Insider Monkey's database, updated as of Q4 2024. Finally, the 10 best robotics stocks to buy were ranked in ascending order based on the billionaire investors holding stakes in them. We have also mentioned the number of hedge funds holding each stock as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). No. of Billionaire Investors: 8 No. of Hedge Fund Holders: 40 UiPath Inc. (NYSE:PATH) offers enterprise automation and AI software services. It is mainly engaged in building and managing automation and developing computer vision technology. UiPath's robotic process automation (RPA) helps to build, deploy, and manage software robots that imitate human actions. UiPath recently released a free 60-day trial of its FedRAMP-compliant Automation Cloud Public Sector solution for U.S. government agencies. The platform brings tools such as mining, robots, low-code apps, and AI-powered document understanding. These tools enhance efficiency and data security for the agencies. On March 26, RBC Capital analyst Matthew Hedberg reiterated a Sector Perform rating on PATH stock, keeping a price target of $13. The analyst sees UiPath's potential in emerging AI and agentic technology. UiPath Inc. (NYSE:PATH) ended the year with a revenue of $424 million for Q4 FY2025, posting an ARR of $1.67 billion. The company experienced solid adoption of its AI products, with an attach rate of almost 20% of total customers. UiPath's Agentic platform made notable progress, driven by strong customer engagement and nearly 3,000 agents created for mission-critical processes. The company ended the FY2025 with a solid balance sheet, holding approximately $1.7 billion in cash and cash equivalents. Overall PATH ranks 10th on our list of the Robotics stocks to buy according to billionaires. While we acknowledge the potential of PATH as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PATH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
29-03-2025
- Business
- Yahoo
PROCEPT BioRobotics (PRCT): One of the Best Robotics Stocks to Buy According to Billionaires
We recently published a list of the 10 Best Robotics Stocks to Buy According to Billionaires. In this article, we are going to take a look at where PROCEPT BioRobotics Corporation (NASDAQ:PRCT) stands against the other robotics stocks held by billionaires. The robotics industry has grown modestly over the past few years. Robotic companies are growing faster than ever, driven by advancements in technology since the emergence of AI. Especially, humanoid robots are rapidly growing in the global market, driven by AI. According to Goldman Sachs' research, the total addressable market for humanoid robots is projected to cross $38 billion by 2035, a massive upgrade from its previous forecast of $6 billion in 2023. READ ALSO: 10 Cheap Robotics Stocks To Invest In Now Morgan Stanley expects the humanoid robot units to reach 40,000 by 2030 and cross 63 million by 2050. Citigroup is even more bullish, anticipating a $7 trillion humanoid robot market by 2050, with 1.19 billion humanoid robots in operation. Adam Jonas from Morgan Stanley expects humanoid robots to be a multi-decade, trillion-dollar opportunity as the adoption could accelerate faster for autonomous vehicles. In 2023, the new World Robotics report noted around 4.28 million units operating in factories globally, growing by 10% compared to 2022. Annual installations surpassed half a million units for the third consecutive year. Asia remains the hot region for robots, with 70% of all newly deployed robots in 2023 installed in Asia. China, Japan, South Korea, and India are some of the largest robotics markets in the world. China leads the market, recording 276,288 industrial robots installed in 2023, representing 51% of the global installations. The U.S. has the largest robotics market in the region, accounting for 68% of installations in the Americas in 2023. The U.S. stock market has been under pressure due to tariffs as the broader market has plunged over 4.50% year-to-date. At the same time, Global X Robotics & Artificial Intelligence ETF (BOTZ) and Robo Global Robotics and Automation Index ETF (ROBO), which returned over 11% in 2024, have dropped nearly 10% and 7% year-to-date, respectively. Despite the market facing political headwinds, robotics stocks hold great promise, considering the rising demand for humanoids and automation systems. Master Video/ To compile our list of the best robotics stocks to buy according to billionaires, we looked for the robotics and automation companies widely held by billionaires. Data for the billionaire holders for each stock was taken from Insider Monkey's database, updated as of Q4 2024. Finally, the 10 best robotics stocks to buy were ranked in ascending order based on the billionaire investors holding stakes in them. We have also mentioned the number of hedge funds holding each stock as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). No. of Billionaire Investors: 10 No. of Hedge Fund Holders: 27 PROCEPT BioRobotics Corporation (NASDAQ:PRCT) is a commercial-stage company specializing in surgical robotics solutions for urology. The AquaBeam Robotic System is PROCEPT's flagship product with an advanced image-guided system designed for minimally-invasive urologic surgeries. PROCEPT BioRobotics Corporation (NASDAQ:PRCT) is heading in the right direction with a strong end to 2024. The company achieved a 65% year-over-year growth in revenue, posting $224.5 million. The company's robot sales and procedures are attracting customers, especially in the U.S. The company achieved a 60% growth in the U.S. installed base, with 505 systems by the end of the year. Moreover, the company's international revenue also spiked over 137% during Q4, driven by strong sales momentum in the U.K. In Q4, the gross margin reached an all-time high of 64%, thanks to improved operational efficiencies and higher average selling prices. The average selling price of PROCEPT's systems was approximately $460,000 in 2024. PROCEPT BioRobotics Corporation's Hydro robotic system has been well-received, leading to a robust capital pipeline. The Hydro robotic system features advanced AI and ultrasound integration. With positive product developments and improved sales, the company expects its 2025 revenue to be around $320 million, a 43% increase compared to 2024. Overall PRCT ranks 8th on our list of the robotics stocks to buy according to billionaires. While we acknowledge the potential of PRCT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PRCT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
29-03-2025
- Business
- Yahoo
Teradyne, Inc. (TER): One of the Best Robotics Stocks to Buy According to Billionaires
We recently published a list of the 10 Best Robotics Stocks to Buy According to Billionaires. In this article, we are going to take a look at where Teradyne, Inc. (NASDAQ:TER) stands against the other robotics stocks held by billionaires. The robotics industry has grown modestly over the past few years. Robotic companies are growing faster than ever, driven by advancements in technology since the emergence of AI. Especially, humanoid robots are rapidly growing in the global market, driven by AI. According to Goldman Sachs' research, the total addressable market for humanoid robots is projected to cross $38 billion by 2035, a massive upgrade from its previous forecast of $6 billion in 2023. READ ALSO: 10 Cheap Robotics Stocks To Invest In Now Morgan Stanley expects the humanoid robot units to reach 40,000 by 2030 and cross 63 million by 2050. Citigroup is even more bullish, anticipating a $7 trillion humanoid robot market by 2050, with 1.19 billion humanoid robots in operation. Adam Jonas from Morgan Stanley expects humanoid robots to be a multi-decade, trillion-dollar opportunity as the adoption could accelerate faster for autonomous vehicles. In 2023, the new World Robotics report noted around 4.28 million units operating in factories globally, growing by 10% compared to 2022. Annual installations surpassed half a million units for the third consecutive year. Asia remains the hot region for robots, with 70% of all newly deployed robots in 2023 installed in Asia. China, Japan, South Korea, and India are some of the largest robotics markets in the world. China leads the market, recording 276,288 industrial robots installed in 2023, representing 51% of the global installations. The U.S. has the largest robotics market in the region, accounting for 68% of installations in the Americas in 2023. The U.S. stock market has been under pressure due to tariffs as the broader market has plunged over 4.50% year-to-date. At the same time, Global X Robotics & Artificial Intelligence ETF (BOTZ) and Robo Global Robotics and Automation Index ETF (ROBO), which returned over 11% in 2024, have dropped nearly 10% and 7% year-to-date, respectively. Despite the market facing political headwinds, robotics stocks hold great promise, considering the rising demand for humanoids and automation systems. A technician operating a robotic arm on a production line of semiconductor chips. To compile our list of the best robotics stocks to buy according to billionaires, we looked for the robotics and automation companies widely held by billionaires. Data for the billionaire holders for each stock was taken from Insider Monkey's database, updated as of Q4 2024. Finally, the 10 best robotics stocks to buy were ranked in ascending order based on the billionaire investors holding stakes in them. We have also mentioned the number of hedge funds holding each stock as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). No. of Billionaire Investors: 11 No. of Hedge Fund Holders: 61 Teradyne, Inc. (NASDAQ:TER) is a technology company that designs, develops, and manufactures automated test equipment and advanced robotics systems. Teradyne's core focus remains on semiconductor testing and industrial automation technologies. Its ATE solutions ensure the quality and performance of AI chips, which have complex architectures and require advanced testing. Teradyne recently announced a definitive agreement to acquire Quantifi Photonics, a photonic IC testing company. This deal will enhance Teradyne's ability to deliver scalable photonic integrated circuit test solutions. Earlier in January, the company partnered with Infineon Technologies to improve power semiconductor testing, acquiring part of Infineon's automated test equipment team in Germany. Teradyne, Inc. (NASDAQ:TER) has also revealed its latest AI-driven robotics solutions at the NVIDIA GTC 2025. The AI toolkit developed with NVIDIA marks the first public demonstration of the AI Accelerator in commercially viable applications. AI accelerators are becoming a key part of Teradyne's strategic growth. In 2024, the company achieved a 17% year-over-year growth in SOC and memory test revenue, driven by AI accelerator ASICs, networking, and HBM DRAM. Overall TER ranks 6th on our list of the robotics stocks to buy according to billionaires. While we acknowledge the potential of TER as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TER but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
09-02-2025
- Business
- Yahoo
Is UiPath Inc. (PATH) One of the Best Automation Stocks to Buy According to Hedge Funds?
We recently published a list of . In this article, we are going to take a look at where UiPath Inc. (NYSE:PATH) stands against other best automation stocks to buy according to hedge funds. The rise of generative AI has skyrocketed automation, while robotics are disrupting industrial automation. On the other hand, supply chain automation has reshaped traditional operations from removing warehousing bottlenecks to inventory management, and demand forecasting. In inventory tracking, advanced warehouse management networks, powered by AI and ML algorithms, assist in optimizing inventory placement, resource allocation, route planning, and more. Professional service robot sales soared by 30% in 2023, according to the International Federation of Robotics (IFR). IFR's statistics department data shows that over 205,000 robotics units were sold in 2023, with Asia-Pacific accounting for 80% of global robotics sales. Transportation and logistics service robots sales accounted for 113,000 units in 2023, a rise of 35% from 2022. In addition to that, Medical robots are in huge demand, and medical robot sales soared by 36% to nearly 6,100 units in 2023. Apart from robotics, quantum computing is revolutionizing various industries. Other technologies including virtual reality (VR), augmented reality (AR), big data, data analytics, and 5G technology are key to driving automation across various segments. Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) and Robo Global Robotics and Automation Index ETF (NYSE:ROBO) have surged more than 11% and 8.50% over the last year, respectively. Considering the growing demand for automation systems and robotics, automation stocks hold much promise. We used automation and robotics ETFs along with online rankings to shortlist an initial list of automation stocks. We then selected the 12 automation stocks that were the most widely held by hedge funds. The list is sorted in ascending order of the number of hedge fund holders, as of Q3 2024. Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). A symbolic representation of innovation, with a programmer working on a laptop in front of robotic arms and low code development environment. No. of Hedge Fund Holders: 34 UiPath Inc. (NYSE:PATH) is a leading robotics process automation (RPA) firm that offers software bots. The company assists businesses handle virtual tasks and acts as a virtual assistant to the human workforce. The company is a leader in its category with the latest innovation and agentic automation, combining AI agents, robots, and humans to work together to complete tasks. The company is in a strong position to benefit from the rising demand for agentic AI needed to manage complex business workflows. On January 27, UiPath Inc. (NYSE:PATH) revealed findings from a new study that highlighted that 90% of IT executives have business operations that would require agentic AI. With AI agents becoming increasingly popular in workflow, the company already has a solution. The UiPath Platform is designed to accelerate the shift towards a new era of agentic automation. The company is focusing on data use and AI-powered customer engagement solutions, which will potentially drive new revenue opportunities and platform use cases. During Q3 FY2024, UiPath Inc. (NYSE:PATH) showed robust performance with an annualized renewal run rate (ARR) of almost $1.61 billion, indicating a 17% rise from a year ago. Overall, PATH ranks 11th on our list of best automation stocks to buy according to hedge funds. While we acknowledge the potential of PATH to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PATH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
07-02-2025
- Business
- Yahoo
Is Emerson Electric (EMR) the Best Automation Stock to Buy According to Hedge Funds?
We recently published a list of . In this article, we are going to take a look at where Emerson Electric Co. (NYSE:EMR) stands against other best automation stocks to buy according to hedge funds. The rise of generative AI has skyrocketed automation, while robotics are disrupting industrial automation. On the other hand, supply chain automation has reshaped traditional operations from removing warehousing bottlenecks to inventory management, and demand forecasting. In inventory tracking, advanced warehouse management networks, powered by AI and ML algorithms, assist in optimizing inventory placement, resource allocation, route planning, and more. Professional service robot sales soared by 30% in 2023, according to the International Federation of Robotics (IFR). IFR's statistics department data shows that over 205,000 robotics units were sold in 2023, with Asia-Pacific accounting for 80% of global robotics sales. Transportation and logistics service robots sales accounted for 113,000 units in 2023, a rise of 35% from 2022. In addition to that, Medical robots are in huge demand, and medical robot sales soared by 36% to nearly 6,100 units in 2023. Apart from robotics, quantum computing is revolutionizing various industries. Other technologies including virtual reality (VR), augmented reality (AR), big data, data analytics, and 5G technology are key to driving automation across various segments. Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) and Robo Global Robotics and Automation Index ETF (NYSE:ROBO) have surged more than 11% and 8.50% over the last year, respectively. Considering the growing demand for automation systems and robotics, automation stocks hold much promise. We used automation and robotics ETFs along with online rankings to shortlist an initial list of automation stocks. We then selected the 12 automation stocks that were the most widely held by hedge funds. The list is sorted in ascending order of the number of hedge fund holders, as of Q3 2024. Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Engineers analyzing a complex network of process control software and systems. No. of Hedge Fund Holders: 38 Emerson Electric Co. (NYSE:EMR) is focused on process automation, processing liquids and materials including oil and gas, mining, and chemicals industries. The company's large portion of revenue comes from factory automation and hybrid automation services. Emerson Electric (NYSE:EMR) has divested its climate control business and acquired automated test and measurement company NI. In addition to that, the company owns 55% of the industrial software company AspenTech and has recently announced that it will acquire the remaining minority stake in AspenTech for an all-cash deal of $7.2 billion. Emerson Electric (NYSE:EMR)'s exposure to automation has increased since the acquisition of NI. Moreover, the company's core process automation business has notable growth drivers such as LNG, renewables, nuclear, carbon capture, hydrogen, and clean fuels, among other key technologies. On December 12, Jefferies analyst Saree Boroditsky initiated a Buy rating on EMR shares, setting a price target of $160, which implies an upside of almost 25% from the current price level. Boroditsky points to the company's portfolio transformation, which will potentially make Emerson an industrial technology leader with prospects for stronger growth and higher margins. The analyst also highlights that the company's growth will be backed by cost synergies and a continued focus on operational excellence. This should be reflected in the company's EBITDA margins, growing by 200 basis points through 2027. Overall, EMR ranks 8th on our list of best automation stocks to buy according to hedge funds. While we acknowledge the potential of EMR to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EMR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
