Serve Robotics is developing autonomous delivery technology. One analyst shared a positive outlook for Serve stock but the company has not achieved profitability yet. Shares of Serve Robotics (NASDAQ: SERV) had a strong first day of trading in 2026, up 9.7%. Northland analyst Michael Latimore has an “outperform” rating and a $26 price target on Serve stock, predicting a potential 150% upside. Serve has deployed over 2,000 delivery robots and remains unprofitable, making it a high-risk investment. The Motley Fool Stock Advisor team did not include Serve Robotics in their top 10 stock picks, emphasizing the importance of considering financials before investing. 1. The stock market saw a sharp decline today, with the Dow Jones Industrial Average dropping 500 points due to concerns over rising inflation and interest rates. Tech stocks were hit particularly hard, with companies like Apple and Microsoft seeing significant losses.

2. In international news, tensions are rising in Ukraine as Russian troops continue to amass near the border. The US and NATO have expressed concern over the situation, calling on Russia to de-escalate the conflict. Ukraine has also put its military on high alert in response.

3. COVID-19 cases are on the rise in several states, with the Delta variant causing a surge in infections. Hospitals are reporting an increase in patients, many of whom are unvaccinated. Health officials are urging people to get vaccinated and continue following safety protocols to curb the spread of the virus.

4. In sports news, the Tokyo Olympics are set to begin later this month, despite concerns over the ongoing pandemic. Athletes from around the world will compete in a variety of events, with strict safety measures in place to protect participants and spectators. The opening ceremony is scheduled for July 23.

Read more at Yahoo Finance: Why Serve Robotics Stock Is Soaring Today