Boston Dynamics has captured the world’s attention with its lifelike, agile robots that can walk, dance, and navigate terrain. We will provide a guide on how to buy Boston Dynamics stock and invest in this leading robotics company.
Summary
Boston Dynamics is a privately held robotics company owned by Hyundai Motor Group. As it is not publicly traded, investors cannot directly buy Boston Dynamics shares. However, they can gain exposure by purchasing stock of the parent company Hyundai or other robotics firms like iRobot. The company has not announced plans for an IPO yet but remains an attractive investment opportunity given its innovations in agile, autonomous robots.
Key Metrics
- Boston Dynamics was acquired by Hyundai in 2021 for $1.1 billion
- Hyundai owns an 80% stake while Softbank retains 20%
- The company specializes in creating advanced robots like Spot and Atlas
- It has posted losses between $26 million to $189 million annually
- The industry expects substantial profitability once products are commercialized
- Significant growth potential as leader in robotics technology
- Expert projections estimate substantial increase in valuation by 2023
Can You Buy Boston Dynamics Stock?
As of now, Boston Dynamics continues to remain a privately held company, which means its shares are not available for public trading. The company is backed by private investors and stakeholders like Hyundai and Softbank rather than retail investors.
While Boston Dynamics has not announced definitive plans for an Initial Public Offering (IPO), market observers closely track the firm for any potential public listing in the future.
Indirect Investment Routes
As direct purchase of Boston Dynamics shares is not possible currently, investors can gain exposure in the following ways:
- Hyundai Motor Company (HYMTF): Hyundai owns 80% controlling stake in Boston Dynamics after acquiring the robotics firm in 2021. Buying stock of the South Korean conglomerate provides indirect participation in Boston Dynamics’ growth.
- ARK Autonomous Technology & Robotics ETF (ARKQ): This exchange-traded fund offers exposure to autonomous technology and robotics stocks. ARKQ’s diversified holdings provide investors a proxy route to invest in the wider robotics sector.
- Alternative Robotics Firms: Publicly listed companies like iRobot Corporation give investors direct access to invest in robotics stocks and benefit from industry advancements.
For investors interested in the robotics sector, alternatives include Hyundai Motor Group, iRobot Corporation, and the ARK Autonomous Tech & Robotics ETF, which can be invested in through reputable brokers like eToro and other regulated platforms.
Boston Dynamics Valuation and Prospects
Boston Dynamics is currently valued at over $1.1 billion based on Hyundai’s acquisition price in 2021. However, industry forecasts predict the robotics leader’s market value growing exponentially in the coming years.
The company continues to pioneer innovations in agile, mobile robots for commercial and defense applications. With increasing commercialization and real-world deployment of products like Spot and Atlas, Boston Dynamics’ profitability is expected to rise substantially.
Its growing portfolio of products, coupled with increased R&D in robotics and artificial intelligence under Hyundai, makes Boston Dynamics an attractive bet for technology investors despite being privately held currently.
Conclusion
While Boston Dynamics stock is not directly accessible to retail investors, there are pathways to gain exposure in the pioneering robotics firm. Buying shares of its parent Hyundai Motor offers an indirect route until the company announces plans to go public. Investing in ETFs tracking the wider robotics sector also allows participation in the industry’s upside.
FAQs
Does Boston Dynamics have an IPO date?
No, Boston Dynamics has not officially announced dates or plans for an Initial Public Offering yet. The company remains privately held as of 2023.
What is the current stock price and market cap valuation of Boston Dynamics?
Being a private company, Boston Dynamics does not have a publicly listed stock price. Its market valuation stands at over $1.1 billion based on Hyundai’s 2021 acquisition price.
Where can I buy Boston Dynamics stock?
You cannot directly buy shares of Boston Dynamics currently. But purchasing stock of its majority stakeholder Hyundai Motor Company provides indirect exposure.
What are some alternatives for investing in Boston Dynamics?
Investors can buy stock of other publicly traded robotics companies like iRobot Corporation. Another option is investing in ETFs like ARK Autonomous Tech and Robotics ETF that provides diversified exposure to robotics firms.