Serve Robotics (SERV) will report Q4 earnings with estimated revenue growth and strong partnerships

From Nasdaq: 2025-03-04 12:48:00

Serve Robotics (SERV) is scheduled to release its fourth-quarter 2024 results on March 6. Analysts estimate revenues at $0.27 million with a loss of 19 cents per share. The company saw a significant increase in revenues and the number of active robots in the previous quarter.

Despite a strong performance post IPO, SERV shares are currently trading below moving averages, indicating a bearish trend. The company’s strategic partnerships with major players like Uber Eats and 7-Eleven are expected to drive growth. Serve Robotics aims to expand its robotics fleet for last-mile delivery.

Serve Robotics believes robots can reduce delivery costs to under $1, making deliveries more affordable. The latest robot models boast improved capabilities, powered by advanced technology. The company plans to deploy 2,000 robots in 2025, targeting a substantial revenue increase. Expansion into new markets is also on the horizon for Serve Robotics.

Investors can take advantage of Zacks’ $1 offer for access to stock picks. Serve Robotics stock is currently rated a Buy, with potential for growth ahead of the Q4 earnings release. The company’s expanding portfolio, strong partnerships, and technological advancements position it for long-term success.



Read more at Nasdaq: Should You Add SERV Stock to Your Portfolio Pre-Q4 Earnings?