Unitree (688836): Humanoid Stock Down 50% From Its Peak | Sep 08, 2026
A casual-investor deep dive on Unitree Robotics (Shanghai STAR Market: 688836), the Hangzhou maker of quadruped and humanoid robots — Layer 10 of our robotics stack, full-stack humanoids and consumer robotics. We first covered Unitree in June as a private, unlisted company. Now it's public, and the ride has been extreme: an August 19, 2026 debut that opened 629% above its IPO price and closed up 460%, valuing the company near $51-53 billion — more than Baidu, more than Figure AI — before shedding over half that peak value by early September on a 219-times earnings multiple, shrinking profit…
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