Event
Unitree's Market Value Rebounds Over 10% After Evaporating More Than 270 Billion Yuan in Two Months
10 reports · 5 sources
Less than two months after its listing, Unitree Technology's market value evaporated by approximately 270 billion yuan. As of the October 16 close, its share price was 426.98 yuan and total market value about 172.7 billion yuan, a drawdown of roughly 61.18% from the 1,100 yuan opening price on its first trading day, but still about 183% above the 150.80 yuan issue price. On October 19, the humanoid robot concept strengthened amid intraday volatility, and Unitree's share price rose more than 10%, with total market value returning above 190 billion yuan. In the first half of 2026, Unitree's revenue was 1.152 billion yuan, up 48.54% year on year, but net profit excluding non-recurring items fell 19.34% year on year, and net operating cash flow fell 32.53%; the relevant data are unaudited. Prospectus materials show that humanoid robot sales were 5,215 units in 2025, a marked increase from 412 units in 2024, while the average unit price fell from 260,400 yuan to 166,400 yuan. Commentary author Yang Jianyong said Unitree has entered a phase of deflating the bubble and that its revenue structure cannot support its previous high valuation. According to IDC data, global humanoid robot shipments in the first half of the year were nearly 25,000 units, with China accounting for about 77.9%; Unitree shipped more than 5,000 units, ranking second, while Zhiyuan ranked first. At the time of listing, Unitree's unrestricted tradable shares accounted for only 7.44% of total share capital.
Developments
- Unitree Robotics loses 270 billion yuan in market value! A little patience is needed · 1 reports
- Unitree Robotics shares rise over 10%, total market cap climbs above 190 billion · 1 reports
- Unitree's market value evaporates 281.1 billion yuan in two months as humanoid robot commercialization faces a major test · 1 reports
Report timeline
- Unitree shares rebound over 70% in 12 days as GPT-6 Astra fuels embodied intelligence narrative
Unitree Technology's share price has rebounded by more than 70% over 12 days, with total market value recovering to over 280 billion yuan. JPMorgan raised its target price from 300 yuan per share to 995 yuan per share. Its first post-IPO financial report, released after market close on October 28, showed Q3 revenue of 665 million yuan, up 69.93% year on year, but non-GAAP net profit of 105 million yuan, down 17.42% year on year, and R&D investment of 127 million yuan, up 249.58% year on year.
钛媒体 ·
- Unitree Technology shares rise over 65% in seven trading days, trailing P/E ratio reaches 465x
Unitree Technology's shares rose more than 65% cumulatively over seven consecutive trading days starting October 16. On October 26, the stock closed at 672 yuan with a total market value of 271.8 billion yuan, and its trailing price-to-earnings ratio reached 465.22x, far above the roughly 38.54x average for the general equipment manufacturing industry over the past month.
电子工程专辑 · 微信公众号 ·
- Unitree Technology's stock rises over 30% in 3 days, then issues announcement on abnormal trading fluctuations
Unitree Technology issued an announcement on abnormal stock trading fluctuations after its closing price deviation accumulated to over 30% across three consecutive trading days on October 16, 19, and 20. It closed at 526.03 yuan per share on October 20, with a market value of 212.8 billion yuan.
电子工程专辑 · 微信公众号 ·
- Unitree Robotics Surges 16.15%, Market Cap Returns Above 200 Billion
Unitree Robotics (688836.SH) closed up 16.15% on October 19, with its market cap returning above 200 billion to 200.58 billion, marking its largest single-day gain since its IPO listing on August 19. Previously, on October 15, its share price had just hit a post-listing low of 404.03 yuan, a decline of 63.27% in less than two months after listing. The article compares the valuations and R&D investment of Unitree Robotics and XPeng Group: Unitree's 2025 R&D investment was 145 million yuan with 5,500 units delivered, while XPeng Group's 2025 R&D investment was 9.49 billion yuan with a market cap of about 61.244 billion yuan.
OFweek Robotics ·
- Unitree Robotics jumps 16.15% in a single day, market cap returns to 200 billion yuan
On the afternoon of October 19, Unitree Robotics surged 16.15% to close at 495.92 yuan, with its total market cap returning to 200 billion yuan, the largest single-day gain since its listing excluding the first day. Its share price had previously fallen more than 60% after it listed on the STAR Market on August 19 at an issue price of 150.80 yuan. Revenue in the first half of 2026 was 1.152 billion yuan, up 48.54% year on year, but non-recurring net profit attributable to shareholders fell 19.34% year on year. On October 22, Unitree will hold a partner ecosystem conference, and on October 29 it will disclose its first third-quarter report.
OFweek Robotics ·
- Unitree's Wang Xingxing Rarely 'Admits a Mistake': Doesn't Want to Be a Flash in the Pan, Wants to Build a Century-Old Company!
Unitree founder Wang Xingxing admitted at the Shanghai Industrial Fair that his biggest mistake over the past decade-plus was not trusting AI enough, and announced a shift from a hardware-first approach to a dual-track strategy of hardware plus physical AI, saying the robotics era could reach an inflection point in as little as one to two years. Unitree listed on the STAR Market on August 19 at an issue price of 150.8 yuan; on its first trading day the stock surged to 1,100 yuan, with a peak market value of 444.9 billion yuan. Within two months, more than 270 billion yuan of market value evaporated, with a maximum drawdown of nearly 70%. In the first half of 2026, revenue was 1.152 billion yuan, up nearly 50% year on year, while non-recurring net profit fell 19.34%.
OFweek Robotics ·
- Unitree Technology surges over 16%, market cap returns to 200 billion
On October 19, Unitree Technology rose sharply during intraday trading and closed at 495.92 yuan per share, up 16.15%, with total market cap recovering to 200.582 billion yuan. This was its largest single-day gain since listing on the STAR Market on August 19, excluding its first trading day (a gain of 460.34%).
CVer · 微信公众号 ·
- Unitree Robotics loses 270 billion yuan in market value! A little patience is needed
Less than two months after its listing, Unitree Robotics has lost about 270 billion yuan in market value. As of the October 16 close, its share price was 426.98 yuan and its total market value about 172.7 billion yuan, a drawdown of about 61.18% from its first-day opening price, yet still about 183% above its 150.80 yuan IPO price.
OFweek Robotics ·
- Unitree Robotics shares rise over 10%, total market cap climbs above 190 billion
The humanoid robot concept strengthened amid intraday volatility, with Unitree Robotics shares rising over 10% and its total market cap climbing above 190 billion.
36Kr Embodied Intelligence ·
- Unitree's market value evaporates 281.1 billion yuan in two months as humanoid robot commercialization faces a major test
A commentary article says Unitree's share price has fallen from 1,100 yuan at the open on its first trading day to 405 yuan, shrinking its market value to 163.8 billion yuan, a loss of 281.1 billion yuan over two months. First-half 2026 revenue was 1.152 billion yuan, up 48.54% year on year, while non-recurring net profit fell 19.34% year on year; IDC data show global humanoid robot shipments of nearly 25,000 units in the first half, with China accounting for about 77.9%, Unitree shipping more than 5,000 units to rank second and Agibot ranking first.
OFweek Robotics ·