Entertainment robots refer to intelligent robots that provide entertainment and social experiences for humans. Their main audiences include children, the elderly and other groups who need companionship and social interaction. With the development of the times, entertainment robots have shown the characteristics of multifunctionality, practicality and interactivity. As the degree of automation in many industrial vertical fields continues to increase, the entertainment industry has been gradually using entertainment robots to improve efficiency and increase revenue.
Currently, the entertainment robot market continues to grow. According to a report released by the technavio website, the entertainment robot market is expected to grow by US$96.88 billion between 2023 and 2028, with a compound annual growth rate of 34.24%.
So what are the well-known entertainment robot-related companies?
Hasbro Inc.
Hasbro Inc. is engaged in providing children's and family leisure products and services, and owns a range of brands and entertainment assets. The company's toy brands include "Super Troopers", "Magic: The Gathering", "Monopoly", "My Little Pony", "Nerf", "Play-Doh" and "Transformers". With the intensification of social problems such as the epidemic and the aging population, Hasbro has stepped up its exploration and development in the field of entertainment robots.
Recently, Hasbro's stock has performed well, with analysts rating it as a buy. On June 15, the company's stock price rose 6%, and the rise has now shrunk to 0.13%. The current stock price remains above $60. In the past two years, Hasbro has suffered from layoffs and declining sales due to weakening demand for toys. But analysts are mostly optimistic about Hasbro's future. Analysts said that Hasbro expects that the video game "Monopoly", which expands the ancient board game "Monopoly", "Monopoly GO!", may generate about $36 million in operating profits each quarter in the second half of this year. It is worth noting that Hasbro's stock has risen 20.5% since the beginning of this year.
source:uSMART SG
Sony Group
Sony is a world-leading company in CMOS image sensors, game consoles, professional broadcast cameras, and music publishing. It is also one of the top players in digital cameras, wireless headphones, recorded music, and movies. With the rise of artificial intelligence, Sony has actively participated in the production and manufacturing of entertainment robots, and has launched entertainment robot products such as AIBO and SONY ROBO in recent years. AIBO is an intelligent pet dog-type robot with learning and emotional interaction capabilities, and can interact and learn with its owner. SONY ROBO is a multi-functional robot focused on entertainment and education, with advanced functions such as voice recognition, face recognition, and speech synthesis, designed to provide users with a diverse entertainment and educational experience.
Sony Group's stock price has been on a downward trend recently. The current stock price is $81.120, and the company's total market value is $99.038 billion. Many analysts strongly recommend buying the stock. Recently, Sony Group acquired Alamo Drafthouse Cinema, a well-known full-dining cinema chain, which marks a major expansion of the company's entry into the film and television exhibition sector.
source:uSMART SG
Mattel
Headquartered in El Segundo, California, Mattel is the world's largest toy company and a leader in the design, production and sales of children's products. Mattel's main brands include the most popular and best-selling fashion doll Barbie and other brands.
Mattel's stock price has fallen for six consecutive days and is about to fall below $17. The previous increase was not satisfactory. Currently, Mattel's total market value is 5.914 billion, and most analysts rate it as a buy. Looking back at the earnings growth over the past year, the company achieved a valuable growth of 11%. The performance in the previous period was also very good, with earnings per share increasing by 36% in the past three years. Regarding future prospects, in the next three years, analysts monitoring the company expect an annual growth rate of 28%, while the market only predicts an annual growth of 10.0%, so the company is expected to achieve stronger earnings performance. With this in mind, Mattel's price-to-earnings ratio is higher than most other companies.
source:uSMART SG
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