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SERV Set to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-07 16:50
Serve Robotics (SERV) is set to report first-quarter 2025 results on May 8.For first-quarter 2025, the Zacks Consensus Estimate for revenues is pegged at $0.50 million, indicating a 47.37% decline from the figure reported in the year-ago quarter. The consensus mark for loss has been unchanged at 21 cents per share over the past 30 days and much narrower than a loss of 37 cents reported in the year-ago quarter.In fourth-quarter 2024, Serve Robotics reported revenues of $0.176 million compared with $0.43 mill ...
Serve Robotics to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast on May 8
Newsfilter· 2025-04-24 11:30
Company Overview - Serve Robotics Inc. is a leading autonomous sidewalk delivery company focused on developing AI-powered, low-emissions delivery robots aimed at making delivery sustainable and economical [3] - The company was spun off from Uber in 2021 and has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven [3] - Serve has scalable multi-year contracts, including an agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets [3] Financial Results Announcement - Serve Robotics will report its 2025 first quarter financial results on May 8, 2025, after market close [1] - A conference call and webcast will be held on the same day to review the results [1] Conference Call Details - The conference call will take place at 2 p.m. PT / 5 p.m. ET [2] - A live audio webcast will be available at investors.serverobotics.com, with a replay accessible at the same location [2] - Analysts and investors can submit questions to management via email by the close of business on May 7, 2025 [2]
Serve Robotics: A Risky Bet on Sidewalk Delivery Bots
The Motley Fool· 2025-04-16 23:00
Core Insights - The Motley Fool aims to enhance the financial literacy and well-being of individuals by providing investment solutions and market analysis [1] Company Overview - Founded in 1993, The Motley Fool is a financial services company focused on making the world smarter, happier, and richer [1] - The company reaches millions of people monthly through various platforms, including premium investing solutions, free guidance, and market analysis on Fool.com [1] - The Motley Fool also produces top-rated podcasts and operates a non-profit organization, The Motley Fool Foundation [1]
Serve Robotics Saddles Up for Autonomous Delivery in Dallas-Fort Worth Via Uber Eats
Newsfilter· 2025-04-03 11:30
Core Insights - Serve Robotics Inc. has launched its autonomous delivery service in the Dallas-Fort Worth metro area, marking a significant step in its plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025 [1][7] Company Expansion - The service is now operational in the Uptown neighborhoods, reaching over 22,000 new households, allowing customers to receive meals via Serve's robots through the Uber Eats app [2][4] - The partnership with Uber Eats includes local merchants and extends to national partners like Shake Shack, enhancing the delivery options available to customers [2][5] Market Context - Dallas-Fort Worth is the fourth-largest and one of the fastest-growing metro areas in the U.S., with a well-developed sidewalk infrastructure that supports innovation [4] - Serve Robotics has established relationships with local stakeholders to ensure a smooth rollout, which is expected to create new jobs and contribute to the local economy [4] Technological Impact - Serve Robotics focuses on developing advanced, AI-powered, low-emissions delivery robots aimed at making delivery sustainable and economical [7] - The company has completed tens of thousands of deliveries for partners like Uber Eats and 7-Eleven, indicating a strong operational foundation [7] Future Plans - Following the Dallas-Fort Worth launch, Serve Robotics plans to expand into additional U.S. markets throughout 2025, building on recent expansions in Los Angeles and Miami [5]
SERV Plunges 53% in 3 Months: Should You Buy, Sell or Hold the Stock?
ZACKS· 2025-03-26 14:50
Serve Robotics (SERV) shares have plunged 52.9% in the past three months, underperforming the Zacks Computer & Technology sector, the Zacks IT Services industry, the Technology Select Sector SPDR Fund (XLK) and the S&P 500 index’s decline of  8.4%, 13.3%, 8.1% and 3.8%, respectively.The massive underperformance of this AI-powered last-mile robot delivery service provider in such a short period raises the question: Whether investors should take the risk of staying invested in this early-stage company or exit ...
Is Serve Robotics Stock a Buy Today?
The Motley Fool· 2025-03-21 09:30
Core Viewpoint - Serve Robotics has experienced a volatile year, marked by new partnerships and product launches in the U.S., raising questions about its long-term viability as a business [1] Company Overview - Serve Robotics is currently under scrutiny to determine if it represents a significant investment opportunity or if it may be another failure in the hardware sector from Silicon Valley [1] Financial Performance - The financials of Serve Robotics are being analyzed to assess the company's potential for growth and sustainability in the market [1]
2 AI Stocks I Can't Stop Buying
The Motley Fool· 2025-03-20 10:30
Core Viewpoint - U.S. stocks have underperformed expectations in 2025 due to President Trump's return to protectionist policies, impacting leading tech companies that have driven S&P 500 performance since October 2022 [1] Group 1: AI Stocks Opportunity - AI stocks present valuable investment opportunities despite recent corrections, with a focus on long-term potential [2] - Archer Aviation, with a market cap of $4.4 billion, is positioned as a compelling investment due to its strategic partnerships and AI integration for aviation systems [3][4] - Archer has secured its first customer, Abu Dhabi Aviation, for its commercialization program, indicating strong commercial potential in defense and aviation markets [4] - With over $1 billion in liquidity, Archer has a robust balance sheet to support its AI-driven vision for future flight [5] - The projected market for AI and electric aviation could reach $1 trillion by 2040, enhancing Archer's growth prospects [6][7] Group 2: Serve Robotics Innovation - Serve Robotics, despite a 46% decline year-to-date, is innovating last-mile delivery with AI-powered robots, showcasing a 773% year-over-year revenue growth to $1.8 million in 2024 [8] - The company is expanding its operational footprint and has designed third-generation robots with enhanced capabilities and reduced manufacturing costs [9][10] - Serve has secured partnerships with major companies, expanding its reach to over 1,000 restaurants and 300,000 households, and has significant cash reserves to support its growth plans [10] - The combination of revenue growth potential and decreasing unit costs positions Serve for a clear path to profitability as its robot fleet scales [11] Group 3: Risk and Reward Considerations - Both Archer and Serve face regulatory and operational challenges that could impact their growth trajectories, despite their strong cash positions [12] - Current market valuations may reflect these risks, presenting a potential entry point for investors willing to navigate volatility [13] - The ongoing uncertainty in the market is viewed as an opportunity to accumulate shares in these innovative AI companies [14]
Serve Robotics: Intriguing After The Reset
Seeking Alpha· 2025-03-19 15:27
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end Q1, consider joining Out Fox The Street .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SERV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re ...
Serve Robotics Inc.(SERV) - 2024 Q4 - Earnings Call Transcript
2025-03-07 06:31
Serve Robotics (SERV) Q4 2024 Earnings Call March 07, 2025 02:31 AM ET Company Participants Aduke Thelwell - Head of IR & CommunicationsAli Kashani - Co-Founder & CEOBrian Read - CFO Operator Thank you for standing by. My name is Danielle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fourth Quarter and Full Year twenty twenty four Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, th ...
Serve Robotics Inc. (SERV) Q4 2024 Earnings Conference Call Transcript
Seeking Alpha· 2025-03-07 00:38
Group 1 - Serve Robotics Inc. held its Fourth Quarter and Full Year 2024 Earnings Conference Call on March 6, 2025 [1] - The call featured key participants including CEO Ali Kashani and CFO Brian Read [3] - The company presented both GAAP and non-GAAP financial measures during the call, with reconciliations available in the earnings release [3] Group 2 - The company emphasized the importance of reviewing their quarterly financial press release and updated corporate presentation available on their Investor website [4]