SAN FRANCISCO, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve”) (Nasdaq: SERV), a leading autonomous robotics company, today announced that it will report its 2025 fourth quarter financial results before the opening of regular trading on Wednesday, March 11, 2026. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast InformationCompany management will host a conference call at 8 a.m. PT / 11 a.m. ET. A live audio webcast will be ...

Core Insights - The article discusses the contrasting investment opportunities in the AI-robotics sector, focusing on Serve Robotics Inc. (SERV) as a niche player in autonomous delivery and NVIDIA Corporation (NVDA) as a dominant AI infrastructure provider [1][2]. Group 1: Serve Robotics (SERV) - Serve Robotics is experiencing significant growth, having deployed over 1,000 robots, marking a transition from experimentation to operational execution [2]. - The company is expanding its partner ecosystem, supporting deliveries for thousands of restaurants and increasing its addressable market through partnerships with major delivery platforms [3]. - Serve Robotics is leveraging technology to build a proprietary urban data set that enhances its AI capabilities, with the acquisition of Vayu Robotics expected to accelerate data conversion into improved AI models [4]. - Despite operational progress, Serve Robotics is still in an investment phase, incurring substantial operating losses and facing execution risks that could delay financial improvements [5]. Group 2: NVIDIA Corporation (NVDA) - NVIDIA dominates the AI infrastructure market, reporting record revenue growth driven by high demand for data center computing and networking, with GPU utilization at full capacity [6]. - The company is expected to see strong growth in fiscal 2027, with a projected year-over-year sales increase of 46.8% and earnings per share growth of 57% [12]. - NVIDIA's product development is advancing rapidly, with the Blackwell platform and upcoming Rubin architecture expected to significantly enhance performance [8]. - The company's full-stack ecosystem positions it uniquely in the AI market, benefiting from widespread adoption across cloud platforms and robotics applications [9]. Group 3: Investment Comparison - NVIDIA is viewed as a more stable investment option due to its scale, profitability, and lower execution risk compared to Serve Robotics, which is still in a heavy investment phase [20]. - SERV stock has declined by 28.3% over the past year, while NVDA shares have increased by 34.1% during the same period [13]. - The forward price-to-sales ratio for SERV is 23.54X, below its historical median, while NVDA's ratio is 14.47X, above its median, indicating differing valuations [16].

Key Takeaways Serve Robotics expanded into major U.S. cities, building the largest sidewalk delivery fleet.SERV widened service zones and added dense neighborhoods suited for short, frequent deliveries.Serve Robotics kept reliability near full levels as daily operating hours per robot improved.Serve Robotics Inc. (SERV) is expanding its presence across U.S. cities as autonomous sidewalk delivery becomes more common in urban areas. The company’s wider footprint reflects a move beyond limited deployments towa ...

Core Insights - Serve Robotics Inc. (SERV) shares have decreased by 28% over the past month, significantly underperforming the industry decline of 13% and the S&P 500's dip of 0.4% [1][2] Financial Performance - Despite achieving triple-digit revenue growth and surpassing the deployment of 1,000 robots, the company's revenue remains modest at $687,000 for Q3 2025, while GAAP operating expenses reached $30.4 million, resulting in an adjusted EBITDA loss of $24.9 million [2][6][7] - The company holds $211 million in cash with no debt and is targeting an annualized revenue run rate of $60 million to $80 million beyond 2026 [7][11] Operational Developments - Serve Robotics has reported a 66% sequential increase in delivery volumes in Q3 2025, with restaurant partnerships growing by 45% quarter over quarter to over 3,600 locations, indicating improved productivity and autonomy [10] - The company is on track to reach 2,000 deployed robots by year-end, which management views as a critical milestone for enhancing utilization and efficiency [10] Strategic Partnerships - The partnership with DoorDash is expected to broaden market reach and improve asset efficiency, while the acquisition of Vayu Robotics aims to enhance AI model improvements and operational gains over time [11] Valuation Insights - SERV is currently trading at a forward 12-month price-to-sales (P/S) multiple of 27.03X, significantly higher than the industry average of 13.85X, with peers like C3.ai and Cognizant at 4.98X and 1.61X respectively [13] Earnings Estimates - Analysts have revised the 2026 loss per share estimates for Serve Robotics from $1.79 to $1.83 over the past 60 days, indicating a decline in confidence regarding the stock's near-term prospects [12]

Core Insights - Serve Robotics Inc. (SERV) is experiencing increased delivery activity as autonomous sidewalk delivery becomes more accepted in urban markets, indicating a shift from early testing to regular use [1][5] Delivery Performance - In Q3 2025, delivery reliability remained near 100% while delivery volume surged by 66% compared to the previous quarter, demonstrating the reliability of autonomous delivery in live environments [2][8] - The company delivered to over 3,600 restaurants in Q3 2025, reflecting a 45% sequential increase and a more than ninefold increase year-over-year, indicating stronger platform engagement [3][8] Fleet Expansion - The expansion of the robot fleet contributed to higher delivery volumes, allowing the company to serve more neighborhoods without compromising service reliability [4][8] Industry Conditions - The on-demand food delivery market continues to grow, with cities favoring smaller electric delivery options to alleviate congestion and emissions, suggesting a supportive environment for Serve Robotics [5] Stock Performance and Valuation - SERV shares have declined by 11.6% over the past three months, compared to a 9.6% decline in the industry, while other competitors have shown varied performance [6] - The stock is currently trading at a forward 12-month price-to-sales (P/S) ratio of 28.37, significantly higher than the industry average of 14.72, indicating a premium valuation [10] Earnings Estimates - The Zacks Consensus Estimate for SERV's 2026 loss per share has widened, with projections indicating a 15% decline in earnings, contrasting with expected growth for other industry players [12][13]

Core Insights - Automation and robotics are transitioning from experimentation to real-world applications, driven by advancements in AI and labor constraints, with Serve Robotics and Teradyne representing different investment opportunities within this megatrend [1][2] Group 1: Serve Robotics - Serve Robotics is focused on deploying autonomous delivery robots in urban areas, benefiting from increased engagement with delivery platforms and restaurant partners as automation acceptance grows [4] - The company reported significant growth in delivery volumes, deploying over 2,000 autonomous robots and achieving operational milestones, while maintaining reliability and safety [5] - Despite rapid expansion, Serve Robotics faces financial pressures, reporting a GAAP net loss of $33 million in Q3 2025 and $67 million for the first nine months of the year, indicating a challenging path to breakeven [6] - Future growth is expected to be driven by an expanding fleet, improved autonomy, and partnerships with companies like Uber Eats and DoorDash, aiming for increased revenue through urban adoption [7] Group 2: Teradyne - Teradyne is experiencing increased demand for AI-driven semiconductor and automation workloads, with Q3 2025 revenues rising 4.3% year-over-year, primarily due to strength in semiconductor testing [8][10] - The company is leveraging its scale and engineering capabilities to align with long-term technology transitions, positioning itself as a key player in advanced semiconductor production [9] - However, Teradyne's robotics revenues have been flat and declined year-over-year, reflecting challenges in industrial automation and variability in AI project timing [11] - Looking ahead, Teradyne anticipates that AI-related demand will continue to drive growth through 2026, supported by investments in differentiated test platforms [12] Group 3: Stock Performance & Valuation - Serve Robotics' share price performance has lagged behind Teradyne's over the past six months, with Serve currently trading at a premium on a forward price-to-sales ratio [13][14] - EPS estimates for Serve Robotics have widened to a projected loss of $1.83 per share for 2026, while Teradyne's estimates have declined to $5.09 per share, indicating expected earnings growth of 43.9% year-over-year [16][18] - The comparative analysis suggests that Serve Robotics offers a stronger growth outlook, while Teradyne presents a more established cash-generating model, leading to differing investment profiles [20]

Core Insights - Serve Robotics is transitioning from a speculative venture to a mainstream alternative in delivery solutions, with over 2,000 delivery robots currently deployed [1][2] - The company is expanding its market presence across several U.S. cities and is moving beyond sidewalk delivery robots, although it remains under the coverage of fewer than 10 Wall Street analysts [2][4] Company Overview - Serve Robotics originated as a spinoff from Uber Technologies' robotics division, Postmates X, following Uber's acquisition of Postmates in 2020 [4] - The company's mission is to revolutionize last-mile delivery by utilizing sidewalk-navigating robots, which aim to lower delivery costs and reduce emissions compared to traditional methods [4] Technology and Innovation - Serve's robots are equipped with advanced sensors and machine learning capabilities, allowing them to safely navigate urban environments and interact with pedestrians [5] - The company is advancing its autonomous vehicle technology to improve the sustainability and efficiency of urban delivery [5] Recent Developments - Serve Robotics announced the acquisition of Diligent Robotics, which provides AI-powered robot assistants for the healthcare sector, marking its first foray into indoor environments [8] - Diligent's robot, Moxi, is already operational in over 25 hospital facilities across the U.S., supporting healthcare staff [9] Market Potential - The global humanoid robot market is expected to grow from $2.92 billion in 2025 to $15.26 billion by 2030, with a compound annual growth rate (CAGR) of 39.2%, driven by increased adoption in various sectors including healthcare [9] Analyst Sentiment - Despite being followed by a limited number of analysts, Serve Robotics has a positive consensus rating, with some analysts projecting a price target of $26 per share, indicating significant upside potential [7]

Core Viewpoint - The ongoing nurses' strike in New York City highlights the demand for higher salaries, which may inadvertently accelerate the adoption of robotic solutions in hospitals to mitigate staffing challenges [1] Group 1: Nurses' Strike - Approximately 15,000 nurses are on strike, seeking salaries exceeding $200,000 annually [1] - The strike has now reached its 11th day, indicating significant unrest within the healthcare workforce [1] Group 2: Robotics in Healthcare - Diligent Robotics' Moxy Robot is currently utilized in over 25 hospitals across the U.S. to assist with logistical tasks, allowing clinical staff to focus more on patient care [2] - Serve Robotics has acquired Diligent Robotics for a deal valued at $29 million, with potential earnouts of up to $5.3 million based on performance milestones [8] - The Moxy robot is powered by Nvidia's Jetson platform, showcasing the integration of advanced technology in healthcare robotics [9] Group 3: Market Expansion and Future Plans - Serve Robotics has expanded its delivery fleet from 100 to 2,000 robots within a year, now operating in six major markets including Miami, Dallas, and Chicago [11][12] - The company is considering international expansion into Canada and Australia, as well as further U.S. cities, including potential operations in New York [13][14] - The stock of Serve Robotics has seen an 18% increase over the past month, reflecting growing investor interest in the robotics sector [15]

Company Overview - Serve Robotics Inc. (NASDAQ:SERV) specializes in building and operating a fleet of self-driving, low-emission robots for food delivery [2] - The company recently announced an agreement to acquire Diligent Robotics, which provides AI robot assistants for the healthcare sector [2] Market Performance - Since a notable comment made by Jim Cramer, Serve Robotics Inc.'s stock has increased by nearly 73% [3] - Cramer referred to Serve Robotics as a "meme stock" and expressed concerns about its financial losses, indicating that it may not be a favorable investment at this time [2][3] Investment Perspective - While Serve Robotics shows potential as an investment, there are other AI stocks that may offer greater upside potential and carry less downside risk [3] - The company is highlighted in discussions about undervalued AI stocks that could benefit from current market trends, such as Trump-era tariffs and the onshoring trend [3]

Core Insights - Serve Robotics Inc. (SERV) is expanding into the healthcare sector through the acquisition of Diligent Robotics, which specializes in AI-powered robot assistants for hospitals, with the deal expected to close in Q1 2026 [2][3] - The acquisition will be funded by issuing SERV common stock valued at $29 million to Diligent shareholders, with a potential earn-out of up to $5.3 million based on performance milestones [2] - Following the announcement, SERV stock increased by 3.1% in after-hours trading [4] Strategic Expansion - The acquisition allows Serve to enter indoor and healthcare environments, enhancing its ability to deploy autonomous systems that work alongside humans, marking its first foray into indoor robotics [3] - Serve will gain access to Moxi, an autonomous hospital robot that has completed over 1.25 million deliveries in over 25 U.S. hospitals, allowing clinical staff to focus more on patient care [5][6] - Each hospital deployment of Moxi is projected to generate annual revenues of $200K to $400K, contributing to improved fleet economics and validating high-revenue healthcare use cases [6][8] Inorganic Growth Strategy - Serve is pursuing a disciplined inorganic growth strategy to enhance its technological capabilities and scalability, having previously acquired Vayu Robotics and assets from Phantom Auto Inc. [7] - The acquisitions are focused on deepening core capabilities and supporting sustainable competitive advantages in the autonomous delivery market [7] Stock Performance - SERV stock has risen 21.2% over the past month, outperforming the Zacks Computers - IT Services industry's decline of 4.5% [8] - The company's third-generation fleet, equipped with advanced sensors, is expected to improve operational efficiency and reinforce SERV's competitive position [9]