Hyundai Motor Securities announced on June 10 that it expects Roboteam's long-term growth potential to significantly increase due to the expansion of its Uzbekistan factory and the growth of its humanoid business. The firm raised its target price for Roboteam from 97,383 won to 403,000 won, a 314% increase, while maintaining a 'buy' rating.
Yoon Dong-wook, a researcher at Hyundai Motor Securities, stated, "The expansion of the Uzbekistan factory is expected to lead to explosive growth in performance. Roboteam has established a lineup that includes actuators, robotic hands, and humanoids, holding a unique position in the actuator industry."
Hyundai Motor Securities explained that Roboteam plans to establish a new actuator production facility in Uzbekistan with an annual capacity of 300,000 units by early 2026. The company aims to add another 200,000 units of production capacity in the fourth quarter of 2026 and expand its total capacity to over 5 million units by 2031.
Roboteam is also expected to launch its QDD-type actuator, 'Dynamixel Q,' in the fourth quarter of 2026, marking its entry into the Chinese humanoid market.
In Uzbekistan, the company will also pursue a data factory business. There are expectations that the sale of action data will serve as a growth driver for its software sector.
Roboteam's revenue for 2026 is projected to reach 70 billion won, with an operating profit of 5.6 billion won, representing increases of 79.7% and 68.7%, respectively, compared to the previous year. The aggressive expansion of the Uzbekistan factory is expected to contribute to over 70% annual revenue growth in 2027.
* This article has been translated by AI.
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