| 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 |
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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
U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 200 points on Wednesday. Shares of Tesla, Inc. (NASDAQ:TSLA) fell sharply in today's pre-market trading following second-quarter results. Tesla reported second-quarter revenue of $25.5 billion, up 2% year-over-year. The revenue total beat a Street consensus estimate of $24.73 billion, according to data from Benzinga Pro. The company reported earnings per share of 52 cents in the second quarter, down 43% year-over-year. The earnings per share missed a Street consensus estimate of 62 cents per share. The company reported second-quarter deliveries of 443,956 vehicles and production of 410,831 vehicles, d
Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous delivery robotics company, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale, in a private placement, of pre-funded warrants to purchase 2,500,000 shares of Serve's common stock (the "Common Stock"), together with a warrants to purchase up to an aggregate of 2,500,000 shares of Common Stock at an exercise price of $6.00 per share. Each pre-funded warrant to purchase one share of Common Stock together with one $6.00 warrant to purchase one share of Common Stock is being sold at a purchase price of $6.00. The $6.00 warrants will have, will be
U.S. stock futures were mixed this morning, with the Dow futures gaining around 20 points on Tuesday. Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) fell sharply in today's pre-market trading following mixed second-quarter earnings. NXP said second-quarter revenue decreased 5% year-over-year to $3.127 billion, beating analyst estimates of $3.125 billion. The company reported adjusted earnings of $3.20 per share, narrowly missing estimates of $3.21 per share, per Benzinga Pro. NXP said it expects third-quarter revenue to be in the range of $3.15 billion to $3.35 billion versus estimates of $3.35 billion. The company sees third-quarter adjusted earnings in the range of $3.21 to $3.63
U.S. stocks traded higher toward the end of trading, with the NASDAQ Composite gaining around 300 points on Monday. The Dow traded up 0.19% to 40,362.58 while the NASDAQ rose 1.70% to 18,027.77. The S&P 500 also rose, gaining, 1.09% to 5,564.74. Check This Out: Top 4 Real Estate Stocks That May Fall Off A Cliff This Quarter Leading and Lagging SectorsInformation technology shares jumped by 1.7% on Monday. In trading on Monday, energy shares fell by 0.2%. Top Headline Verizon Communications Inc (NYSE:VZ) shares fell around 6% on Monday after it reported fiscal second-quarter results. Its sales increased 0.6% year over year to $32.8 billion, marginally missing the analyst
Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) fell sharply during Monday’s session. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from Buy to Neutral. CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world. Selective Insurance Group shares dipped 13.2% to $264.65 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares climbed 148% to $1.98 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2. CareMa
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Monday. The Dow traded down 0.03% to 40,276.45 while the NASDAQ rose 0.81% to 17,870.43. The S&P 500 also rose, gaining, 0.51% to 5,533.14. Check This Out: Top 4 Real Estate Stocks That May Fall Off A Cliff This Quarter Leading and Lagging SectorsInformation technology shares jumped by 0.9% on Monday. In trading on Monday, energy shares fell by 0.5%. Top Headline Verizon Communications Inc (NYSE:VZ) shares fell around 6% on Monday after it reported fiscal second-quarter results. Its sales increased 0.6% year over year to $32.8 billion, marginally missing the
U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday. Shares of IQVIA Holdings Inc. (NYSE:IQV) rose sharply during Monday's session after the company released better-than-expected second-quarter financial results and raised its 2024 guidance. IQVIA reported a second adjusted EPS of $2.64, up from $2.43, beating the consensus of $2.57. Provider of advanced analytics reported sales of $3.81 billion, beating the consensus of $3.79 billion, according to data from Benzinga Pro. IQVIA Holdings shares jumped 7.4% to $241.07 on Monday. Here are some other big stocks recording gains in today’s session. Tellurian Inc. (NASDAQ:TELL) shares surged 64.5% to
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 1% on Monday. Following the market opening Monday, the Dow traded up 0.37% to 40,436.13 while the NASDAQ rose 1.10% to 17,921.40. The S&P 500 also rose, gaining, 0.72% to 5,544.40. Check This Out: Top 4 Real Estate Stocks That May Fall Off A Cliff This Quarter Leading and Lagging SectorsInformation technology shares jumped by 1.3% on Monday. In trading on Monday, energy shares fell by 0.2%. Top Headline The Chicago Fed National Activity index fell to 0.05 for June, versus previous reading of 0.23. However, analysts were expecting a reading of -0.09. Equities Trading UP
Serve Robotics Inc (NASDAQ:SERV) shares are trading higher Monday. The stock appears to be moving on continued momentum after Nvidia Corp (NASDAQ:NVDA) disclosed a stake in the company last week. What Happened: Serve Robotics shares soared 187% on Friday after Nvidia revealed a 10% stake in the robotics company in a filing with the U.S. Securities and Exchange Commission last week. In a filing released late Thursday, Nvidia said it now owns 3,727,033 shares of Serve Robotics after it converted a promissory note from Serve Robotics into 1,050,129 shares of common stock in April. Serve Robotics went public via reverse merger with Patricia Acquisition Corp. According to TechCrunch, S
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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
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
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
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
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
Faster, smarter delivery robots will support Serve's scaling across the U.S.Manufacturing cost halved, while advancing safety, autonomy, performance and speedNew robots have entered manufacturing and are on track for deployment in 2025 SAN FRANCISCO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today unveiled its third-generation autonomous delivery robot. The new model boasts significantly enhanced capabilities, achieved at substantially reduced manufacturing cost. The third-generation robot has entered manufacturing and 2,000 new units are on track to be deployed in 2025 on the Uber Eats platform across mu
Serve robots enable pick-up in dense urban areas, as Wing drones expand Serve delivery radiusRobot-to-drone solution will enable fast, affordable restaurant delivery over 6 mile radiusSAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, and Wing Aviation LLC, an on-demand drone delivery provider, today announced a pilot partnership to expand eco-friendly, autonomous food delivery offering a novel solution that will redefine last mile delivery. In the coming months, select Wing deliveries will b
SAN FRANCISCO, Sept. 4, 2024 /PRNewswire/ -- Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that its management will deliver a presentation and join a fireside chat interview at the following virtual event: H.C. Wainwright's Annual Global Investment ConferenceDate: Monday, September 9, 2024Presentation Time: 10:00 a.m. – 10:30 a.m. Eastern TimeLocation: New York, NY The presentation will be available live on the Serve Robotics' IR website at the following link: Presentations & Events — Serve Robotics. A webcast replay of the prese
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $20.0 Million Private Placement & Warrant Exercise for Serve Robotics Inc. (NASDAQ:SERV).About Serve Robotics Inc.Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California.For more information, please visit: https://www.serverobotics.comAbout Aegis Capital Corpora
SAN FRANCISCO, Aug. 28, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve" or "Company") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the Company has closed on a securities purchase agreement expected to result in gross proceeds of approximately $20.0 million to the Company. The transaction closed on August 28, 2024. The Company today announced the closing of a private placement with a single institutional investor for the purchase of pre-funded warrants to purchase 555,555 shares of the Company's common stock (the "Common Stock"), together with a warrant to purchase up to an aggregate of 555,555 shares of Common Stock at an exercise price of $10.00 per shar
SAN FRANCISCO, Aug. 27, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve" or "Company") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into a securities purchase agreement expected to result in gross proceeds of approximately $20.0 million to the Company. The transaction is expected to close on or about August 28, 2024, subject to satisfaction of customary closing conditions. The Company today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale, in a private placement, of pre-funded warrants to purchase 555,555 shares of the Company's common stock (the "
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