5 Best Pure-Play Robotics Stocks to Buy Now

3. Teradyne Inc. (NASDAQ:TER)

Market Cap: $47.0 Billion

Potential Upside: 5.3%

Teradyne Inc. (NASDAQ:TER) is among the best pure-play robotics stocks to buy now. Teradyne’s exposure to robotics stems from its ownership of major collaborative-robotics platforms, including Universal Robots and MiR. The company envisages a $220 billion total addressable market for advanced robotics by 2033.

The stock has had a strong rally recently, with 54% returns in 2025 and robust outperformance in 2026, with 57% returns so far. Around two-thirds of analysts covering the stock still recommend a Buy or an equivalent rating.

On March 16, Teradyne’s robotics unit, Universal Robots, introduced the “UR AI Trainer” in partnership with AI infrastructure company Scale AI at NVIDIA’s GTC 2026 conference. The system uses imitation learning to capture motion, force, and vision data directly from robots operating in production environments.

Management said the platform is designed to address limitations in existing training methods, where models are often developed on non-production systems. Anders Beck, VP of AI Robotics Products at Universal Robots, said:

“Our customers, ranging from large enterprises to AI research labs, are no longer just asking for AI features. They need a way to collect high-fidelity, synchronized robot and vision data to train AI models on the same robots they intend to deploy. Our AI Trainer is the industry’s first direct lab-to-factory solution for AI model training.”

As one of its top performance contributors, investment management company Carillon Tower Advisers, in its Eagle Mid Cap Growth Fund’s Q4 2025 Investor Letter, highlighted this about Teradyne:

“Shares rose after the company reported very strong results on the back of strong demand for test equipment for artificial intelligence (AI)-related semiconductors. The company is also seeing potential market share gains that likewise could support revenue growth in 2026.”

Teradyne (NASDAQ:TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations for companies of all sizes.