Richtech Robotics Soars 12.25% on Russell 2000 Inclusion

Written byBefore the Bell
Thursday, May 29, 2025 4:32 am ET1min read

Richtech Robotics surged 12.25% in pre-market trading on May 29, 2025, marking a significant rise in its stock price.

Richtech Robotics has been selected for preliminary inclusion in the Russell 2000 Index, a prestigious small-cap index that tracks $10.6 trillion in assets. This inclusion is part of the annual reconstitution of the Russell Indexes, which will take effect after the US market close on June 27, 2025. The company's entry into the Russell 2000 Index is expected to enhance its visibility and attract more investors, potentially influencing its stock performance positively.

Analysts have forecasted an average target price of $3.25 for

, with a high estimate of $3.50 and a low estimate of $3.00. This target price implies an upside of 14.04% from the current price. The consensus recommendation from brokerage firms indicates an "Outperform" status for the company, suggesting a positive outlook for its future performance.

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