Serve Robotics Stock News

SAN FRANCISCO, May 30, 2025 (GLOBE NEWSWIRE) -- Serve Robotics (the "Company" or "Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, will hold its Annual Meeting of Stockholders ("Annual Meeting") virtually on Thursday, June 12, 2025 at noon PDT. Stockholders of record at the close of business on April 14, 2025 will have the right to participate at the Annual Meeting.

On May 18, 2025, NVIDIA Corp. NASDAQ: NVDA announced the latest updates and systems in its efforts to spur the development of humanoid robots. These tools, including new models for humanoid reasoning, motion, and skills, may contribute to what CEO Jensen Huang has described as the "next industrial revolution," made possible with physical AI and robotics.

Nvidia supplies the world's most advanced artificial intelligence (AI) chips for data centers, but it also has a growing portfolio of other AI solutions. For example, Serve Robotics (SERV -3.47%) uses Nvidia's Jetson Orin hardware and software platform in its flagship Gen3 robots, giving them the capability to autonomously deliver food orders on behalf of platforms like Uber Technologies' Uber ...

Many tech investors like to hunt for companies that could be the next hot stock -- ones that have the potential for quick and steep rallies that defy the broad market's expectations and perhaps even their own underlying fundamentals.

Investing in the stock market requires extraordinary patience. Warren Buffett didn't become a billionaire until decades after purchasing the struggling textile company Berkshire Hathaway and transforming it into a diversified holding company powerhouse.

Serve Robotics Inc. is a speculative investment in AI and automation, aiming to revolutionize food delivery with autonomous robots, despite poor current fundamentals. SERV's partnership with Uber Eats and ambitious goal to deploy 2,000 robots by year-end could significantly boost revenue, earnings, and cash flow. High startup costs and reliance on Uber pose significant risks, but successful imp...

Serve Robotics Inc. has significant long-term potential, but current revenue growth and robot utilization are lagging behind ambitious scaling plans. The company's Q2 guidance remains modest despite rapid robot fleet expansion and new market entries, raising concerns about near-term revenue acceleration. With a $525M market cap and 2026 revenue targets looking optimistic, the stock is not justi...

Serve Robotics Inc. is eyeing a near-term ramp up of delivery robots with Uber Eats. The business case comes with high uncertainty regarding Serve's utilization target, the business model's profitability potential, and deals past the partnership with Uber. Serve currently burns through a significant amount of cash, but the strong balance sheet after an opportunistic equity raise should support ...