Unitree Robotics shares have climbed about two-thirds since October 15, closing at 672 yuan on Monday and pushing the Chinese robot maker’s market value to 271.8 billion yuan, or roughly $40.8 billion. The rally reflects investor expectations that large AI models could soon enable robots to understand instructions and perform useful tasks in the physical world.
From Chatbots to Physical AI
The technology at the centre of the excitement is known as physical AI. It aims to connect software trained on large datasets with machines that can move, see and interact with their surroundings. If successful, robots could carry out activities such as tidying rooms or folding laundry based on spoken commands, rather than relying only on narrowly programmed routines.
Unitree founder Wang Xingxing reinforced that view at the World Physical AI Conference in Hangzhou on October 22. At the company’s first partner conference in its decade of operation, Wang said large models could achieve a breakthrough in physical AI within one to three years. He also said OpenAI’s GPT-6 Astra could already direct robots without training.
“If everything goes well, it will take one to two years, otherwise it will take two to three years,” Wang said, according to Decrypt.
Analysts Reassess Unitree
Unitree’s shares reached the 20% daily limit on Friday, the maximum permitted one-day increase, and ended that session at 624 yuan, equivalent to $93.55. The stock added another 7.69% on Monday to close at 672 yuan, or $100.75.
JPMorgan upgraded Unitree on Monday to overweight from underweight and increased its price target to 995 yuan, or $149.17. The bank had previously viewed the company as too dependent on hardware and relatively weak in software. After hearing from Wang and other executives and reviewing Unitree’s humanoid robot lineup in Hangzhou, JPMorgan changed its assessment.
An overweight rating generally indicates that analysts expect investors to hold a larger position in the stock than its representation in the market or relevant benchmark. It does not guarantee a particular outcome for the shares.
Unitree’s Position in the Robot Race
Unitree listed on the Shanghai Stock Exchange’s technology-focused STAR Market on August 19. It already sells robots, including the G1 humanoid, which costs about $16,000—less than competing humanoid models cited in the report.
The company’s rising valuation comes alongside questions about its products. Researchers have identified security concerns involving the streaming of audio, video and spatial data to outside servers without users being notified. The report did not say how those concerns might affect Unitree’s business.
Unitree is also competing in a field that includes Tesla, which has only recently begun producing Optimus robots at its Fremont, California, factory and expects deliveries to outside customers around the end of 2027. Figure AI has worked with OpenAI on humanoid robots since 2024, using OpenAI models to operate them.
Moneyiar Market Picture
Moneyiar market data at the stated times showed mixed moves among selected digital assets:
- Uniswap (UNI): $6.9787690874, up 2.51% over 24 hours and down 2.12% over seven days, as of October 25, 2026, at 22:39 +03:30.
- Ethena (ENA): $0.2092782867, up 8.19% over 24 hours and 12.35% over seven days, as of October 25, 2026, at 22:39 +03:30.
- Rain (RAIN): $0.0084289407, up 2.54% over 24 hours and down 8.14% over seven days, as of October 25, 2026, at 22:38 +03:30.
- OpenLedger (OPEN): $0.0976845525, up 2.83% over 24 hours and 3% over seven days, as of October 24, 2026, at 15:23 +03:30.
