The breakthrough of technology has led to an increase in automated processes in every organization. Companies have also shifted their production to automated processes. Spending on robotics and drones is expected to reach $128.7 billion in 2020. Robotic spending alone is expected to reach $112.4 billion, as per IDC.
This offers an exciting investment opportunity for traders. Here we have compiled a list of Top Robotic Stocks which you can buy now.
List of Top Robotic Stocks to Buy Now
| Sr. | Company Name | Symbol | Market Cap | Price (as on 18th January 2021) |
| 1 | Nvidia | NVDA | $ 642.7 billion | $ 259.03 |
| 2 | Intuitive Surgical | ISRG | $ 106.9 billion | $ 295.49 |
| 3 | Rockwell Automation | ROK | $ 37.45 billion | $ 317.5 |
| 4 | Zebra Technologies | ZBRA | $ 27.86 billion | $ 516.72 |
| 5 | Upstart Holdings | UPST | $ 8.9 billion | $ 109.9 |
| 6 | Tesla | TSLA | $ 1.024 trillion | $ 1,030.51 |
| 7 | UiPath | PATH | $ 19.2 billion | $ 35.51 |
| 8 | iRobot | IRBT | $ 1.78 billion | $ 66.53 |
| 9 | Fanuc Corp. | FANUY | $ 38.6 billion | $ 19.93 |
NVIDIA
NVIDIA is a multinational technology company that is popular for its gaming products. The tech stocks are increasing by the moment. The company operates under four segments:
- Gaming
- Data Centre
- Professional Visualization
- Automotive
With the demand for AI technology increasing, investor interest in Artificial Intelligence stocks has also increased. Robotics has long been an area of focus for Nvidia. The company has greatly increased its focus on autonomous machines, which includes all forms of robotics.
- NVIDIA Isaac robotics platform caters to complex, time-consuming and extremely challenging industrial and commercial robotics.
- NVIDIA Research is using artificial intelligence (AI) to enable breakthroughs in robotics. Under this category, the company is focused on creating automated solutions for industries like manufacturing, logistics, and healthcare.
- Nvidia has partnered up with Open Robotics to drive new artificial intelligence capabilities in the Robot Operating System (ROS).
In the third quarter, NVIDIA reported:
- Total Revenue of $7,103 million
- The automotive segment contributed $135 million towards revenue
- Net Income of $2,464
NVIDIA has announced more and more companies are adopting the NVIDIA DRIVE Orin platform for next-generation vehicles. Orin is a highly advanced software-defined platform for autonomous vehicles and robots. Companies that are adopting this technology by NVIDIA include:
- Kodiak Robotics – self-driving trucks
- Lotus – performance automaker
- QCraft – autonomous bus maker
- WM Motor – electric vehicle maker
Intuitive Surgical
Intuitive Surgical is a robotic manufacturing company that has gained popularity through its da Vinci surgical system. The da Vinci surgical system is one of the first robotic-assisted, minimally invasive surgical systems cleared by the FDA. The da Vinci Surgical System enables surgeons to handle operations through three-dimensional, high definition (3DHD) images of the surgical field, all the while seated comfortably in a chair. Checkout some of the best oil and gas ETFs to buy now.
The company also develops, manufactures, and markets the Ion endoluminal system. The ion endoluminal system is a robotic-assisted, catheter-based platform. It is designed to assist the surgeon in navigating through very small lung airways to reach peripheral nodules for biopsies.
While selling the robotics system, the company also trains surgeons to use them and assists the hospitals in their installation. With the advancement in tools and equipment, Intuitive Surgical continues to upgrade its existing tools and equipment which it sells to its existing customers. This has created a good cycle of revenue for the robotic manufacturing company. They generate long-lasting clients which are good for the company’s sustainable growth.
In its recently reported Preliminary Fourth Quarter results for 2021:
- Fourth-quarter 2021 worldwide da Vinci procedures grew approximately 19% compared with the fourth quarter of 2020
- The Company shipped 385 da Vinci Surgical Systems in the fourth quarter of 2021, an increase of 18% compared with 326 in the fourth quarter of 2020
- Preliminary fourth quarter 2021 revenue of approximately $1.55 billion increased 17% compared with $1.33 billion in the fourth quarter of 2020
Intuitive Surgical is a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery. Its customer retention and ability to earn a long-lasting customer gives the company an edge over other competitors. Hence Intuitive Surgical is an excellent robotics stock to invest in.
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Rockwell Automation
Rockwell Automation provides industrial automation and digital transformation solutions.
It operates under two segments:
- Architecture
- Software
Its products include programmable automation controllers; design, visualization, and simulation software, among others.
Rockwell products contribute to the industrial internet of things (IIoT) through their sensors, system architecture, and controls. With its products, the machines can alert machine operators about maintenance and faulty parts. Moreover, the company has partnered with software company PLC Inc. to accelerate digital transformation at customers across all industries. 5G stocks is a huge opportunity for investors to jump in right now to enjoy good profits in the future.
In its recent fourth-quarter report for 2021, the company reported:
- Sales increased by 15% on a year-on-year basis
- Record orders of over $2.2 billion, an increase of 40% year-on-year
The company’s market valuation is $36.83 billion. Its stock is trading at $317.5. the stock of the company is on an upward streak for the past two years. In the year 2021, the company’s stock appreciated by approx. 27%.
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Zebra Technologies
Zebra Technologies is a global leader in enterprise asset intelligence, designing and marketing specialty printers, mobile computing, data capture, radio frequency identification products, and real-time locating system. Its products are an essential part of industrial automation and robotics work in the warehouse. Moreover, the increased penetration of IT and web-enabled smart automation is making Zebra’s products more useful and in-demand. the company’s products are very useful in the retail, manufacturing, and logistics departments of industries. A great example is that managers/company owners can see real-time data to see how their machinery is operating and how to increase productivity. Semiconductors are the major building blocks of modern electronics and semi conductor stocks are one of the best investment opportunities.
In its recent quarterly report, the company reported:
- Net Sales of $1,435, a 26.6% increase from the same period last year
- Gross Profit of $648, an increase of 30.4% from the same period last year
- Strong liquidity position with $307 million in cash and cash equivalents
- Net-debt-to-adjusted-EBITDA ratio of 0.5
The stock of Zebra Technologies is currently trading at $517. The market valuation is at $27.6 billion. The stock of the company is on an upward streak for the past two years. In 2021, the company’s stock grew by 34%.
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Upstart Holdings
Upstart Holdings operates a cloud-based lending platform that measures alternative metrics when assessing a potential borrower. Through its AI platform, the company arranges loans for its clientele. The unique selling point of Upstart’s platform is the algorithm behind it. The algorithm can assess a borrower based on nontraditional metrics. A few examples of the type of loans Upstart offers are personal loans, wedding loans, credit card consolidation, and car loans. As an investor, you need to stay put and wait a while before you can benefit from your investment. Investing in value stocks is a long-term investment.
In the recent fourth-quarter report for the year 2021, the company reported:
- Revenue was reported at $228 million, an increase of 250% on a year-on-year basis
- Net Income was reported at $29.1 million, an increase of more than 200% on a year-on-year basis
- 67% of the loans generated were fully automated and instantly approved.
- Total Mortgage Loan Originated worth $4.1 trillion
- Auto Loan originated worth $672 billion
The company’s market valuation is at $9 billion. The stock of the company is trading at $111. the company went public in Dec-2020. Within a year the company’s stock price has skyrocketed. From a price of $26 in Dec-2020, the stock price rose to $390 in Oct-2021. In the year 2021, the stock appreciated by more than 250%.
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Tesla
Tesla is a name that is not unknown in the investor community and general public. The originator of electric vehicles, Tesla is a trillion-dollar company. Tesla is amongst those companies which benefitted hugely from the pandemic. Moreover, the global economic shift towards a greener environment has further increased the demand for EVs, which is expected to further increase revenue and stock price. The Electric Vehicle stocks has a great future outlook and is a growing sector.
Tesla’s self-driving cars are a great example of robotics and artificial intelligence amalgamated in one. These cars are a great quantum leap within the industry.
The company’s market valuation is $ 1.035 trillion. The share of Tesla is currently trading at $1,030. The share of the company has shown extraordinary performance in the past two years. From the low-price levels of less than $100, during March-2020, the share has experienced more than a ten-fold increase in less than two years. And with the EV sector booming, this share price upward trend sees no roadblock on its journey towards further growth.
In its recent quarterly report, the company reported:
- Production of approximately 238,000 vehicles and delivery of over 240,000 vehicles
- Total Revenues of $8.7 billion
- Gross Profit of $2.06 billion
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UiPath
UiPath is a global software company for robotic process automation (RPA). UiPath is a robotics process automation tool for large-scale end-to-end automation. It is used to automate repetitive and mundane tasks without human intervention. This includes filling out forms, moving files around, inputting data, and scraping text from documents. The company has developed its technology, based on AI, machine learning, and deep learning models. The cybersecurity stocks have become a high-growth sector and is attracting a lot of investor attention.
The company’s success and demand for technology can be identified from the fact that it has many high-profile clients which include all the giants of multiple industries: Facebook, Uber, DHL, Google, NASA, and HP, to name a few.
The company’s market valuation is at $18.65 billion. Its share is trading at $35.51. The share of UiPath after an initial bullish trend after its IPO is on a bearish path. But its continuously growing revenue is what makes this an attractive robotics stock to invest in. Revenues increased by 80% during FY 2021, as compared to the year 2020.
In its recent quarterly report, UiPath reported:
- The total customer level stood at 9,630, a 23% increase from the same period last year
- Revenue of $221 million
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iRobot
iRobot Corporation designs and builds consumer robots. It offers the best robot vacuum variety for the use consumers in their homes. The company’s innovation capabilities have been proving advantageous and resulting in a continuous increase in revenue. Moreover, the company is expanding its revenue generation sources by focusing on selling directly to the user. For this their online platform has been functioning extremely well. In the recent quarter direct-to-consumer (DTC) revenue of $40 million was reported. This represented a 13% increase from the prior year’s third quarter.
iRobot has recently introduced the Roomba j7+ Robot Vacuum with Genius 3.0 Home Intelligence. It is a smart robot that gets smarter with every use learning how to best navigate floors, remembering specific rooms and certain furniture, cleaning where it is most needed, and recognizing and avoiding objects like cords and pet waste that can derail a cleaning mission
In its recent quarterly financial report, the company reported:
- Revenue was reported at $440.7 million, a 7% increase when compared to the same period last year
- Operating income was reported to be $40.5 million, compared with $81.0 million in the third quarter of 2020
- The company’s cash, cash equivalents, and short-term investments were $247.9 million
IRobot has a market capitalization of over $1.74 billion. Its share is trading at $64.77. The share skyrocketed during 2021 and peaked at $133 in February 2021.
iRobot is functioning with zero debt. Which is an attractive feature for investors. Moreover, its continuous sales growth makes it a great robotics stock to invest in.
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Fanuc Corp.
Fanuc is a Japan-based manufacturing company that makes factory automation machinery. It operates under three business segments: FA, ROBOT, and ROBOMACHINE. The FA business encompasses basic technologies consisting of Numerical Control (NC), servos, and lasers which are also applied to the other two business segments of the company. FANUC is the first private sector company in Japan to develop NC and servo technology that controls machine tools using numerical information. Like other industries, the blue-chip stocks industry is also continuously changing as technology evolves. Get to know some of best blue-chip stocks to invest in now.
Fanuc has announced a joint venture initiative with NTT Corporation (Nippon Telegraph and Telephone Corporation) and Fujitsu Limited, an IT equipment and services company to establish a cloud computing service provider DUCNET Co. Ltd
In its recent half-yearly report, the company reported:
- Net Sales of 230 billion yen (Approx. $2 billion)
- Net income of 29 billion yen (Approx. 252 million)
Fanuc is a $38.4 billion company. Its share is trading at $19.87. the company stock followed a bullish trend during the start of the year 2021. After mid-Feb, the stock started declining.
CONCLUSION
The above list of companies has been short-listed keeping in mind the potential growth of each company. Along with the growing demand for automated procedures in every phase of life, work, and personal life both, the above-listed companies are amongst the top robotics stocks to invest in.
Disclaimer: None of the information published in this article should be construed as investment advice. Article is based on author’s independent research, we strongly advise our readers to always do their due diligence before investing.
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