From Nasdaq: 2025-02-03 07:45:00

The robotics industry is rapidly expanding into various sectors, with analysts predicting a CAGR of over 15% to reach nearly $170 billion globally by 2032. Established firms like Mitsubishi and NVIDIA, as well as smaller specialized companies, are all involved in this growing industry.

AeroVironment, a defense company, is seeing increased demand for its drone and robotics systems, especially in military applications. They recently received a second delivery order from the U.S. Army for a contract worth nearly $1 billion, showcasing their strong position in the market.

Cognex’s machine vision products are revolutionizing the use of robots in manufacturing and distribution. Despite stagnant revenues, the company is expected to see a 20% rise in stock price based on analyst estimates, making it a potentially good investment opportunity.

Myomo, a wearable medical device company, is experiencing significant revenue growth and an increase in patient pipeline. While still unprofitable, their gross margin is improving, and analysts predict nearly 38% upside potential based on the share price as of January 31, 2025.



Read more at Nasdaq:: 3 Underrated Robotics Stocks Poised for Major Growth