Richtech Robotics, denoted by the stock ticker (RR, Financial), is set for preliminary inclusion in the US small-cap Russell 2000 Index, according to a list released by FTSE Russell on May 23, 2025. This inclusion comes as part of the annual reconstitution of the Russell Indexes, which will be finalized following the US market closure on June 27, 2025. The eligibility for the Russell 2000 Index stems from membership in the broader Russell 3000 Index, and it will endure for one year.
This membership means that Richtech Robotics (RR, Financial) will also be incorporated into relevant growth and value indexes automatically. This strategic advancement can enhance the company's visibility and potentially attract more investors seeking opportunities in small-cap sectors. Such index inclusions often influence stock performance by increasing investor interest and opening up the stock to index-tracking funds.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Richtech Robotics Inc (RR, Financial) is $3.25 with a high estimate of $3.50 and a low estimate of $3.00. The average target implies an upside of 14.04% from the current price of $2.85. More detailed estimate data can be found on the Richtech Robotics Inc (RR) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Richtech Robotics Inc's (RR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
