Sarcos Technology & Robotics Corporation (STRC)

NASDAQ: STRC · IEX Real-Time Price · USD
2.22
-0.04 (-1.77%)
At close: Sep 30, 2022 4:00 PM
2.21
-0.01 (-0.45%)
After-hours: Sep 30, 2022 7:54 PM EDT
-1.77%
Market Cap 343.66M
Revenue (ttm) 5.91M
Net Income (ttm) -113.37M
Shares Out 154.80M
EPS (ttm) -0.79
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 300,859
Open 2.26
Previous Close 2.26
Day's Range 2.19 - 2.27
52-Week Range 2.19 - 10.50
Beta n/a
Analysts Buy
Price Target 6.38 (+187.4%)
Earnings Date Nov 7, 2022

About STRC

Sarcos Corp., a robotics and sensor company, designs, builds, and produces dexterous tele-operated robotic systems. Its products include Guardian S, an unmanned ground vehicle for security, inspection, and non-destructive testing available in a Robot-as-a-Service offering; Guardian GT, a big arm system or dual-armed human-controlled robot mounted on an agile tracked vehicle base for commercial, industrial, and first responder environments; and Guardian XO, a robot that features an exoskeleton suit; SenSuit controller garment for enhanced teleop... [Read more...]

Industry Computer Hardware
Founded 1983
Employees 160
Stock Exchange NASDAQ
Ticker Symbol STRC
Full Company Profile

Financial Performance

In 2021, STRC's revenue was $5.08 million, a decrease of -42.41% compared to the previous year's $8.81 million. Losses were -$81.51 million, 289.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for STRC stock is "Buy." The 12-month stock price forecast is 6.38, which is an increase of 187.39% from the latest price.

Price Target
$6.38
(187.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sarcos Technology and Robotics Corporation Announces Second Quarter 2022 Financial Results

Initial production of commercial units of Guardian ® XT TM teleoperated dexterous robotic system and Sapien 6M robotic system expected to commence by the end of 2022

1 month ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation to Participate in Upcoming Investor Conference

SALT LAKE CITY, July 27, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will participate in the following investor conference on Wednesday, Augus...

2 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation Announces Webcast of Second Quarter 2022 Financial Results

SALT LAKE CITY, July 26, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will webcast a live audio feed of its second quarter 2022 financial resul...

2 months ago - GlobeNewsWire

Sarcos Subsidiary RE2, LLC Achieves Technical Milestone with Dexterous Underwater Robotic Gripper for U.S. Navy

PITTSBURGH--(BUSINESS WIRE)-- #robotics--RE2, LLC, a wholly owned subsidiary of Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), today announced that it has achieved a sig...

3 months ago - Business Wire

Sarcos Defense Awarded New Contract for Collaborative Sensing Platform by Air Force Research Laboratory

SALT LAKE CITY--(BUSINESS WIRE)-- #robotics--Sarcos Defense, a wholly-owned subsidiary of Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of r...

4 months ago - Business Wire

Sarcos Technology and Robotics Corporation Announces First Quarter 2022 Financial Results

Announced acquisition of RE2, Inc.

4 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation Closes Acquisition of RE2, Inc.

SALT LAKE CITY & PITTSBURGH, Pa.--(BUSINESS WIRE)-- #MA--Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) today announced the successful closing of the previously announced...

5 months ago - Business Wire

Sarcos Technology and Robotics Corporation Announces Fourth Quarter and Full-year 2021 Financial Results

Ended 2021 with $217 million in unrestricted cash and cash equivalents

6 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation to Acquire RE2, an Award-Winning Developer of Intelligent Mobile Manipulat...

SALT LAKE CITY & PITTSBURGH, Pa.--(BUSINESS WIRE)-- #acquisition--Sarcos Technology and Robotics Corporation to Acquire RE2, an Award-Winning Developer of Intelligent Mobile Manipulation Systems

6 months ago - Business Wire

Sarcos Technology and Robotics Corporation Meets Development Milestone for its Guardian® XT™ Robotic Avatar System

SALT LAKE CITY, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) today announced that the Company successfully completed assembly of the B...

8 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation Moves into New Headquarters and Production Facility in Salt Lake City

Global leader in the development of highly dexterous mobile robotic systems more than doubles footprint to facilitate expansion and initial commercial production Global leader in the development of high...

10 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation Announces Third Quarter 2021 Financial Results

Closed the business combination with Rotor Acquisition Corp. September 24, 2021, and listed on The Nasdaq Global Market on September 27, 2021

10 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation to Participate in Upcoming November Investor Conferences

SALT LAKE CITY, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will participate in the following investor conferences in November 2021:

11 months ago - GlobeNewsWire

Sarcos Technology and Robotics Corporation Appoints the Honorable James “Hondo” Geurts Executive Vice Chairman

Geurts brings decades of leadership experience and a history of successfully working with both private enterprise and government entities to assist Sarcos in scaling its industrial robotics business

11 months ago - GlobeNewsWire

Jefferies Is Highly Bullish On Sarcos - Read Why

Jefferies analyst Stephen Volkmann initiated coverage of industrial robotics company Sarcos Technology & Robotics Corp (NASDAQ:STRC) with a Buy rating and $16 price target, implying a 163.2% upside.  Sa...

11 months ago - Benzinga

The Next Big Thing in Tech? 7 Stocks To Buy Now To Get In Early

With the latest innovations poised for substantial growth, you can possibly accrue big gains by getting in these tech stocks early. The post The Next Big Thing in Tech?

11 months ago - InvestorPlace

Sarcos Technology and Robotics Corporation to Commence Trading on Nasdaq

Global leader in the development of highly dexterous mobile robotic systems closes business combination with Rotor Acquisition Corp.

1 year ago - GlobeNewsWire

Sarcos Robotics' Business Combination with Rotor Acquisition Corp. Approved by Rotor Shareholders

SALT LAKE CITY--(BUSINESS WIRE)-- #robotics--Sarcos Robotics' Business Combination with Rotor Acquisition Corp. Approved by Rotor Shareholders

1 year ago - Business Wire

Rotor Acquisition Corp. Reminds Stockholders to Vote “FOR” Business Combination with Sarcos Corp. at Special Meeting ...

NEW YORK--(BUSINESS WIRE)-- #robotics--Rotor Acquisition Corp. Reminds Stockholders to Vote “FOR” Business Combination with Sarcos Corp. at Special Meeting of Stockholders

1 year ago - Business Wire

Sarcos Defense Announces U.S. Government Orders of Guardian® HLS Heavy-Lift System

SALT LAKE CITY--(BUSINESS WIRE)-- #defense--Sarcos Defense Announces U.S. Government Orders of Guardian® HLS Heavy-Lift System

1 year ago - Business Wire

Sarcos Robotics Conducts First Field Demonstrations of Guardian® XT™ Industrial Robotic Avatar System

SALT LAKE CITY--(BUSINESS WIRE)-- #robotics--Sarcos Robotics Conducts First Field Demonstrations of Guardian® XT™ Industrial Robotic Avatar System

1 year ago - Business Wire

Sarcos Robotics Names Pine Environmental an Official Distribution Partner for Guardian® S Remote Visual Inspection Robot

SALT LAKE CITY & WINDSOR, N.J.--(BUSINESS WIRE)-- #robotics--Sarcos Robotics Names Pine Environmental an Official Distribution Partner for Guardian® S Remote Visual Inspection Robot

1 year ago - Business Wire

Sarcos Defense and BAE Systems Partner on Contract for Air Force Research Laboratory

SALT LAKE CITY & FALLS CHURCH, Va.--(BUSINESS WIRE)-- #AI--Sarcos Defense and BAE Systems Partner on Contract for Air Force Research Laboratory

1 year ago - Business Wire

Rotor Acquisition Corp. and Sarcos Robotics Announce Filing of Definitive Proxy Statement and the September 15, 2021,...

SALT LAKE CITY--(BUSINESS WIRE)-- #SPAC--Rotor Acquisition Corp., Sarcos Robotics Announce Filing of Definitive Proxy Statement & the 9/15/21 Special Meeting to Vote on Business Combination

1 year ago - Business Wire

Sarcos Robotics and T-Mobile Team Up to Integrate 5G into Guardian® XT™ Robot

SALT LAKE CITY & BELLEVUE, Wash.--(BUSINESS WIRE)-- #5G--Sarcos Robotics and T-Mobile Team Up to Integrate 5G into Guardian® XT™ Robot

1 year ago - Business Wire