| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | $16.00 | Buy | Ladenburg Thalmann |
| 10/18/2024 | $16.00 | Outperform | Northland Capital |
| 10/7/2024 | $12.00 | Buy | Seaport Research Partners |
Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiencyContinued geographic expansion into Miami and Dallas metros; Atlanta launch on trackFirst quarter revenue of $440 thousand, a 150% increase versus Q4 2024Unlocking the value of Serve's software and data platform; recurring revenue generation expected in Q2Strengthened balance sheet with $91.5 million in new capital, ending the quarter with a record $198 million cash position SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the first quarte
SAN FRANCISCO, April 24, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 first quarter financial results on Thursday, May 8, 2025 after market close. 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 2 p.m. PT / 5 p.m. ET. A live audio webcast will be available at investors.serverobotics.com and a replay will be available at the same location. Analysts and investors who wish to submit questions to management may send an email to investor.relations
SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2024 fourth quarter and full year financial results on Thursday, March 6, 2025 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Company management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET. A live audio webcast will be available at investors.serverobotics.com and a replay will be available at the same location. Analysts and investors who wish to submit questions to management may send an email to inve
Announced plans for geographic expansion into the Dallas Fort Worth metroCompleted $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter endAnnounced agreement to acquire Vebu and its pioneering avocado-processing robot, AutocadoSAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the third quarter 2024 ended September 30, 2024. "During the third quarter we made significant operational and financial
SAN FRANCISCO, Oct. 29, 2024 /PRNewswire/ -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the third quarter ended September 30, 2024 after U.S. markets close on Thursday, November 7, 2024. Company management will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results and provide a corporate update. A live webcast and replay can be accessed from the investor relations page of Serve Robotics' website at Investor Relations — Serve Robotics. I
SAN FRANCISCO, Aug. 7, 2024 /PRNewswire/ -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the second quarter ended June 30, 2024 after U.S. markets close on Tuesday, August 13, 2024. Company management will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results and provide a corporate update. A live webcast and replay can be accessed from the investor relations page of Serve Robotics' website at Investor Relations — Serve Robotics. Individuals interested in listening to the conference call may do so by dialing (646) 968-2525 and referencing conference ID
SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the
SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and GM executive Anthony Armenta as Chief Software and Data Officer. In the newly created role, Armenta will lead the development and strengthening of Serve's software, AI, and autonomy stack, enhancing the robots' reliability, performance, and ability to scale nation-wide. Armenta re-joins Serve after previously spearheading early development of the company's autonomous robots as Vice President of Software Engineering at Postmates, prior to Serve's spin-off from Uber. "We are thrilled to have Anth
Acquisition deepens Serve's offerings for the restaurant industry, helping partners improve efficiency and manage labor shortage challenges from kitchen to curb SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous robotic delivery company, today announced its agreement to acquire the assets of Vebu Inc. ("Vebu"), a trailblazer in full-stack automation and robotics solutions for restaurant partners. Financial terms of the all-stock transaction were not disclosed. The acquisition strengthens Serve's strategic positioning b
Directors Elected at 2024 Annual General Meeting SAN FRANCISCO, July 25, 2024 /PRNewswire/ -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the appointment of finance leader David Goldberg to its Board of Directors and the reappointment of Uber Technologies executive Sarfraz Maredia, following their election at Serve's 2024 Annual Meeting of Stockholders. "Their strategic insights, energy and perspectives will be invaluable as we focus on driving Serve Robotics forward,""We are thrilled to welcome David to the Board and extend Sarfraz's term. Their strategic insights, energy and perspectives will be invaluable as we focus on growth and on driv
SAN FRANCISCO, June 21, 2024 /PRNewswire/ -- Serve Robotics ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the appointment of Euan Abraham as its Chief Hardware & Manufacturing Officer. Abraham, who has been with Serve since January 2022 as Senior Vice President of Hardware Engineering, has been instrumental in the development of Serve's award-winning robots. In the newly created role, Abraham will lead the ongoing development of Serve's next-generation robots and drive the company's manufacturing efforts. "Euan's promotion reflects hi
– Appoints Dominic Bardos to Chief Financial Officer – PORTLAND, Tenn., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ:SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle (EV) charging infrastructure, today announced that Mr. Dominic Bardos has been appointed as Chief Financial Officer, effective October 3, 2022. Mr. Bardos is a seasoned public company financial executive with more than thirty years of global finance and accounting experience in multiple industries. His expertise includes financial planning, analysis, accounting, audit, SEC and regulatory compliance, tr
Ladenburg Thalmann initiated coverage of Serve Robotics with a rating of Buy and set a new price target of $16.00
Northland Capital initiated coverage of Serve Robotics with a rating of Outperform and set a new price target of $16.00
Seaport Research Partners initiated coverage of Serve Robotics with a rating of Buy and set a new price target of $12.00
Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiencyContinued geographic expansion into Miami and Dallas metros; Atlanta launch on trackFirst quarter revenue of $440 thousand, a 150% increase versus Q4 2024Unlocking the value of Serve's software and data platform; recurring revenue generation expected in Q2Strengthened balance sheet with $91.5 million in new capital, ending the quarter with a record $198 million cash position SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the first quarte
SAN FRANCISCO, April 24, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 first quarter financial results on Thursday, May 8, 2025 after market close. 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 2 p.m. PT / 5 p.m. ET. A live audio webcast will be available at investors.serverobotics.com and a replay will be available at the same location. Analysts and investors who wish to submit questions to management may send an email to investor.relations
NetworkNewsWire Editorial Coverage NEW YORK, April 10, 2025 /PRNewswire/ -- Facing ongoing labor shortages and rising consumer demands, the hospitality and food service sectors are increasingly turning to artificial intelligence (AI)-driven service robots. These cutting-edge technologies are helping hotels, restaurants, and cafes streamline operations, lower costs, and elevate customer experiences. As the hospitality robotics market is expected to surge to $65.4 billion by 2032 (https://ibn.fm/WxsRw), robotic innovations are swiftly becoming central to addressing workforce gaps and modernizing service delivery. Nightfood Holdings Inc. (OTCQB: NGTF) (profile) is at the forefront of this evolu
DALLAS, April 03, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Dallas-Fort Worth metro area. This strategic expansion, in continued partnership with Uber Eats—the delivery platform of Uber Technologies Inc. (NYSE:UBER)— represents a major milestone in Serve's plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025. Serve robots have begun operating in the Uptown neighborhoods of Pearl, State Thomas, West Village and South Routh, reaching over 22,000 new households. Customers placing orders through the Uber Eats app in these areas may now
Full year revenue of $1.8 million, an increase of 773% year-over-yearContinued geographic expansion in Los Angeles, successful launch in Miami, and planning entry into Dallas and Atlanta metrosReach increased to over 1,000 restaurants, a 3x increase year-over-year, and to over 300,000 households, a 2x increase year-over-yearEnding 2024 cash of $123 million, no debt; an additional $91m raised in January 2025, bringing the total financing to $259 million since January 2024 SAN FRANCISCO, March 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the fourth quarter and
SAN FRANCISCO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that its Chief Financial Officer Brian Read will participate in a fireside chat at the Cantor Global Technology Conference on March 11, 2025, at 3:40 pm Eastern Time. The presentation will be webcast on Serve's investor relations website at investors.serverobotics.com. A replay of the webcast will be available for 30 days following the live presentation. If you wish to receive company email notifications, please register at https://investors.serverobotics.com/ir-resources/email-alerts About Serve Robotics Serve Robotics develops
SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2024 fourth quarter and full year financial results on Thursday, March 6, 2025 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Company management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET. A live audio webcast will be available at investors.serverobotics.com and a replay will be available at the same location. Analysts and investors who wish to submit questions to management may send an email to inve
Autonomous robot deliveries rolling out in Miami Beach and Brickell via Uber Eats Select Shake Shack and Mister O1 customers may receive their next order from a Serve robot SAN FRANCISCO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Miami metro area, alongside the expansion of its existing partnership with Shake Shack Inc. ("Shake Shack") (NYSE:SHAK) and new partnership with Mister O1 Extraordinary Pizza ("Mister O1"). Customers who order from select Shake Shack and Mister O1 locations in the Brickell and Miami Beach neighborhoods with Uber Eats, the delivery platform
SAN FRANCISCO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,210,525 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $80.0 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about January 7, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use net proceeds from the offeri
SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (NASDAQ:SERV), a leading autonomous delivery company, today announced that it raised gross proceeds of $86 million during December 2024, bringing total gross proceeds raised in 2024 to $167 million. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding. The additional December 2024 funding includes proceeds raised through Serve's previously filed ATM facility and the exercise of warrants. As of December 31, 2024, Serve had a total of approximately 51.5 million shares of common stock issued and outstanding. This infusion of capital significant
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