UBTech Robotics Expected to Break Even in 2027 -- Market Talk
Dow Jones
Aug 19
0701 GMT - UBTech Robotics could achieve net profit in 2027 supported by significant growth in humanoid-robot revenue, CGS International analysts say in a research note. CGS International views UBTech as a compelling pure-play robotics investment with first-mover advantage and full-stack technology. Its Walker S humanoid robot series, already used by several Chinese automakers, is rapidly expanding its commercial applications, they say. The analysts expect about 400 Walker S units to be delivered in 2025, rising to around 8,000 in 2027. The brokerage initiates coverage of UBTech and with a target price of HK$151.00. Shares are last 0.6% lower at HK$92.90. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
August 19, 2025 03:01 ET (07:01 GMT)
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