The analyst is personally long CCXI with high concentration in Agility Robotics, expressing a bullish stance on humanoid/robotics companies and their valuation potential.
Increasing interest in humanoids/robotics is driving valuations; downstream players usually capture most value; few companies have early public exposure, making CCXI attractive.
I’m personally long $CCXI and have highest concentration in Agility Robotics (NFA). It’s currently around a ~$4.9B valuation. Figure’s last round was $39B last year, and that was before the increasing interest in humanoids/robotics this year. Then a large part of $TSLA $1T+ valuations come from humanoids. I like companies like LeaderDrive… but usually the downstream players capture the most value in the end. And I find it rare to see one that has public exposure early on.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -9.8% | -10.7% |
| 1 week | -15.0% | -16.0% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |