In the process of embodied AI moving from the lab to factories and homes, whoever first brings the cost down to a usable level will be the first to secure the ticket to scale.
By: Rita
While the humanoid robot industry is still struggling in a quagmire of losses, Unitree Robotics has achieved profitability first.
In its initial coverage report released on August 19, Nomura Securities gave Unitree Robotics a buy rating and a target price of 370 yuan, representing 145% upside potential compared to the current stock price of 151 yuan. Nomura believes Unitree is the global leader in humanoid robot shipments, with pure humanoid robot shipments exceeding 5,500 units in 2025, far surpassing peers, and is one of the few embodied AI companies…
