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]

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]

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]

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 ...

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]

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]

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 (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 ...

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]

Financial Data and Key Metrics Changes - Revenue for 2024 reached $1.8 million, representing a 700% increase year over year [8][53] - Gross margin improved from negative 700% in 2023 to negative 4% in 2024, reflecting increased fleet efficiency and a favorable revenue mix [55] - GAAP net loss for 2024 was $39.2 million compared to $24.9 million in 2023, with Q4 GAAP net loss at $13.1 million [61][62] Business Line Data and Key Metrics Changes - Software services contributed $1.2 million in revenue in 2024, driving significant growth [53] - Delivery and branding revenue increased by 227% year over year, reaching $627,000 in 2024 [54] - Daily active robots increased to 57 in Q4, up 81% from 29 in Q4 2023 [16] Market Data and Key Metrics Changes - The number of restaurants served increased by 3x in 2024, with over 1,000 restaurants supported [12][8] - Households reached doubled in just a few months, exceeding 300,000 [12] - Expansion into Miami marked the first entry into the East Coast, with 50 local restaurants onboarded [21][91] Company Strategy and Development Direction - The company plans to deploy 2,000 robots by the end of 2025, with a focus on scaling operations and improving capital efficiency [7][67] - Cost reductions in robot manufacturing have been achieved, with a 30% reduction expected in the next batch compared to the current batch [29][30] - The strategy includes thoughtful scaling and preparation for a significant growth push in the second half of 2025 [33][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for robots, citing strong growth in existing and new markets [97] - The company is focused on operational readiness for the second half of 2025, anticipating volume and revenue growth in the first half [33][68] - Management emphasized the importance of building redundancy into plans to mitigate risks from external factors [34] Other Important Information - The company ended 2024 with a cash position of $123 million and is debt-free, allowing for greater financial flexibility [62][64] - A new shelf registration and at-the-market equity program have been established to support future growth opportunities [65][66] - The audit committee approved the transition to PricewaterhouseCoopers as the independent auditor, enhancing financial oversight [70] Q&A Session Summary Question: How was the cost reduction achieved? - The cost reduction was primarily due to improvements in the supply chain and better component pricing, not through the removal of technologies or components [74][75] Question: Why focus on the second half for the robot rollout? - The focus is on a gradual and cost-efficient scale-up to learn and fix issues along the way [77][78] Question: Can you comment on recent developments with NVIDIA? - The partnership with NVIDIA remains strong, and their technology continues to be utilized in the company's robots [81][82] Question: Do you anticipate any impact from planned policy changes and tariffs? - Currently, no material impact is anticipated, and the company is diversifying its supply chain to mitigate risks [84][85] Question: Any impact from recent wildfires in LA? - The impact was minimal and brief, with no significant effect on rollout plans [87] Question: Update on the Vivo acquisition? - The deal is currently on pause due to issues with closing conditions, but discussions are ongoing [89] Question: How are things going in Miami? - Utilization of robots in Miami is good, with 50 restaurants onboarded and metrics ahead of schedule [91] Question: Update on Gen 3 robot performance? - Early results for Gen 3 robots are positive, with better performance compared to previous generations [95] Question: Expectations for 2026 and beyond? - Strong demand for robots is expected to continue, driven by significant cost reductions in last-mile delivery [97]