Latest news with #ServeRobotics
Yahoo
5 days ago
- Business
- Yahoo
Uber Technologies (UBER) Partners with Dollar General for On-Demand Delivery Expansion
Uber Technologies has recently entered into a partnership with Dollar General to integrate over 14,000 stores into the Uber Eats platform, offering customers delivery of affordable essentials. This consumer-focused initiative coincides with Uber's overall strategic expansion through multiple partnerships and announcements, including a significant collaboration with Serve Robotics and Little Caesars, as well as the introduction of Robotaxi services with WeRide. While the company's share price increased by 8% over the last quarter, these developments likely complemented the broader market trends. Major indexes, notably the Nasdaq, reached record highs, benefiting from a strong tech sector rally. Every company has risks, and we've spotted 3 weaknesses for Uber Technologies (of which 1 can't be ignored!) you should know about. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. Uber's recent partnerships with Dollar General and others highlight its ongoing efforts to integrate diverse services and innovate within its platform. These collaborations have the potential to attract more users and drive additional revenue streams, reinforcing Uber's strategy of enhancing customer engagement and expanding its service offerings. The partnership with Dollar General, in particular, could provide further penetration into the delivery of everyday essentials, possibly boosting Uber's Delivery segment, and thus supporting revenue forecasts. While the introduction of Robotaxi services and autonomous ventures with Serve Robotics may not immediately impact earnings, they are crucial for long-term growth, aligning with Uber's efforts in the autonomous vehicle space. Over the past five years, Uber's total shareholder return, including dividends, was 198.63%, reflecting its transformation from a loss-making entity to one with growing profitability. In the last year, Uber outperformed the US market, which returned 20.2%, and also the US Transportation industry, which returned 7.5%. This performance underscores Uber's ability to capitalize on both technology and mobility trends despite competitive and regulatory challenges. Although Uber's current share price of US$89.56 is below the analyst consensus price target of approximately US$105.25, it still signals potential upside. The fair value perception and the anticipated revenue growth of 12.2% per year suggest investor optimism about Uber's future performance. However, the forecasted decline in earnings of 0.4% per year over the next three years indicates ongoing risks, including capital intensiveness in autonomous vehicles and competitive pressures. Shareholders will likely watch how these developments influence Uber's ability to meet or exceed revenue and earnings targets. Our comprehensive valuation report raises the possibility that Uber Technologies is priced lower than what may be justified by its financials. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include UBER. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
6 days ago
- Business
- Yahoo
Serve Robotics CEO: Drones are 'complementary,' not competitive
Serve Robotics (SERV) reported mixed quarterly results: sales numbers beat expectations, but losses per share were more significant than expected. Serve Robotics co-founder and CEO Ali Kashani talks about earnings, expansion opportunities, the path to profitability, and more. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts. Joining me now Serve Robotics co-founder and CEO Ali Kashani's back with me. Ali, it's good to see you here. So, when you look at the quarter, what in your view is driving most of the growth and the demand? Well, we increased our delivery volume by 80% quarter over quarter, which exceeded our own expectations, and a lot of that came from expansions. We launched Atlanta, we massively increased our geo coverage in LA and Miami. We now cover 1.8 million people. So, uh, you know, it's it's a pretty sizable coverage now and it's starting to show. And so, um, what's next here? Are you guys just really focused on signing more contracts with an expanded range of, you know, of food businesses that that people want delivered? Yes, we are expanding the fleet, we are expanding our geolocations, and we are expanding the partnerships. Uh, we're going to quadruple our fleet size again by the end of the year, and we've already quadrupled it once this year. So we're going to get to about 2,000 robots that we had, um, uh, you know, guided to, and uh, and we are also launching Chicago. We are we probably have one more announcement in terms of city launches before the end of the year. Uh, so it's it's been an exciting year. It's going to keep going in the same direction with a lot of growth. I I'm curious, Ali, sort of what the capacity is here, and I ask that because, you know, I I've seen your your robots sort of toodling around in in LA, for example. For people who are not familiar, it's sort of a boxy robot on wheels. Um, obviously, LA is a big place, New York's a big place, but the sidewalks are only so big, and you have to account for traffic, etc. So, you know, I guess what ultimately is the size of the opportunity here that you're looking at? Look, I think this is a massively market expanding opportunity, and over time I could imagine that cities would actually have dedicated infrastructure for it, but it's going to be a long time before we saturate what's what's already out there. Uh, I did the math once a few years ago, and if we did, uh, you know, 50% of deliveries for, uh, at the time Postmates platform, uh, and, you know, 50% is roughly what's within our delivery range, uh, you would see a robot every other block. So it's not, it's like a UPS truck basically. That's one way to think about it. Uh, but the fact is that if you bring the cost of delivery from something like $10 today to a dollar, where we think we can get it to, you're going to have a lot more people wanting to use robots for a lot more things. And I think there's a point at which I can imagine even dedicated lanes and infrastructure for, uh, for last mile kind of automated devices like our robots. Ali, we have seen the stock under pressure here, and, you know, you guys did post losses, you're you're just like our last guest we were speaking to, you guys are in growth mode here. Um, but, you know, what kind of what's the cost structure look like in terms of when you might hit that inflection point of growth and profitability? I think the launch of the 2,000 robots is a really big milestone for that because we get a lot of economies of scale from that. Uh, ultimately, last mile is a low, uh, you know, revenue per transaction, so you need a lot of scale to make the numbers work, and that's that's why we are launching the 2,000 robots. Um, I would think that in terms of competition here, obviously you have the traditional modes of competition, you know, bicycle delivery, car delivery, etc. But in the future, I would also think that there the drone delivery is going to be more of a competitor to you guys. So how do you think about that and sort of how you compete against against drones in terms of the use cases for each? You know, I actually see them very complementary because, um, delivery has always been multimodal. You have different vehicles for different types of, uh, deliveries. So if you are in a city, drones are never going to be that suitable because there's a lot of, uh, obstacles to navigate, uh, drones have noise, uh, there's safety concerns. It's just it's not a really, uh, you know, good mode of operation when you are in the middle of a city. But if you're going five miles away, our robot is not going to be the right way to do it. Together, they actually work really nicely, and we have a partnership with Wing, Alphabet's drone division, where we pick up the order from restaurants, which is very hard for drones usually to get to, and we hand it over automatically without human involvement to the drone, and the drone can then go five miles and hand it over to the customer even faster than, uh, say, a driver would be able to do. So I actually think they're really, really complementary, and as one grows, the other is going to grow with it. Um, so Ali, you guys, I believe you're in LA, I believe you're in Miami, expanding into Atlanta. Can you give us a preview of what other markets we should be looking for in the next six months? Yeah, we we we're going to have at least six markets by the end of this year. So LA, Miami, Dallas, and Atlanta have already been launched. Chicago is next, the third largest city, and then, uh, there's one more. We haven't named the city yet, but we are working on, um, at least one more before the end of this year.
Business Insider
06-08-2025
- Business
- Business Insider
Serve Robotics, Little Caesars launch autonomous robot delivery via Uber Eats
Serve Robotics (SERV) and Little Caesars announced a partnership to deliver pizza with Serve's autonomous delivery robots via Uber Eats (UBER). Little Caesars customers in Serve's Los Angeles delivery area may now receive their orders via autonomous sidewalk robots. The partnership expands Serve's presence on Uber Eats-which already offers Serve's robotic deliveries in Los Angeles, Miami, Dallas and Atlanta-with additional U.S. cities coming soon. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yahoo
30-07-2025
- Business
- Yahoo
Serve Robotics to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast on August 7
SAN FRANCISCO, July 30, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ('Serve') (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 second quarter financial results on Thursday, August 7, 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 p.m. PT / 5 p.m. ET. A live audio webcast will be available at 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 by close of business on Wednesday, August 6, 2025. If you wish to receive company email notifications, please register at About Serve RoboticsServe Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. For further information about Serve Robotics (Nasdaq:SERV), please visit or follow us on social media via X, Instagram, or LinkedIn @serverobotics. Contacts Media Aduke Thelwellpress@ Investor Relations Sheldon in to access your portfolio
Yahoo
25-07-2025
- Business
- Yahoo
2 Top Robotics Stocks to Buy Right Now
Key Points AI capabilities once considered "artificial general intelligence" are now a reality, enabling robots to perceive, reason, and act autonomously to a degree. Serve Robotics' surging revenue growth and expansion into software platforms position it as an early mover in autonomous delivery. Nvidia's Jetson Thor platform and Isaac foundation models position it as the computing backbone for the $1 trillion physical AI opportunity. 10 stocks we like better than Serve Robotics › Robotics is on the cusp of a revolutionary "iPhone moment," driven by the accelerating progress in artificial intelligence (AI). This surge in AI research and development is profoundly affecting numerous emerging technologies, with robotics poised for a significant leap forward. Why the timing is critical now: Today's AI models already demonstrate remarkable capabilities in understanding, reasoning, and adapting across a diverse range of tasks. The rapid improvements in vision, language understanding, and real-time decision-making -- capabilities that once defined the elusive "artificial general intelligence" (AGI) benchmark -- are now table stakes for leading AI systems. These advances translate directly into robots that can perceive environments, understand context, and take autonomous action in complex real-world scenarios. This impending transformation positions robotics companies to capitalize on a massive new growth phase. Here are two robotics stocks uniquely positioned to benefit from this coming catalyst. When delivering dinner becomes a billion-dollar business Serve Robotics (NASDAQ: SERV) is carving out a significant role in the robotics industry, not with futuristic humanoid robots, but with its highly practical autonomous sidewalk delivery robots that are already generating substantial revenue. The company demonstrated strong operational growth in the first quarter of 2025, successfully building over 250 new third-generation robots. This expansion directly contributed to a 150% sequential increase in revenue, reaching $440,000 for the three months. This explosive growth highlights the increasing adoption and efficiency of the company's delivery service. Serve Robotics' operational momentum is impressive and expanding rapidly. The service now reaches over 320,000 households, marking a 110% increase since December 2024. The company has also significantly expanded its merchant network, partnering with over 1,500 businesses, a 50% quarter-over-quarter growth. A key indicator of its reliability is a consistent up to 99.8% delivery completion rate. Beyond its core food delivery operations, Serve has strategically diversified by formalizing a software and data platform division. This forward-looking move has already yielded results, with the company signing deals with a top-tier European automaker and an autonomous trucking company. This strategic pivot transforms Serve from solely a robotics hardware provider into a broader data and software company, dramatically expanding its addressable market and unlocking new recurring revenue streams. Looking ahead, management projects a substantial annualized revenue run-rate of $60 million to $80 million once its ambitious 2,000-robot fleet is fully deployed, anticipated during 2026. This projection offers a glimpse into the significant revenue potential as the robotics revolution continues to accelerate beyond 2028. With a robust cash position of approximately $198 million as of March 31, 2025, Serve Robotics has ample resources to execute its deployment and expansion plans through 2026, minimizing near-term dilution concerns and positioning it as a compelling long-term investment in the autonomous delivery space. The picks and shovels play on physical AI Nvidia (NASDAQ: NVDA) is strategically positioned to lead the robotics revolution, not by manufacturing robots, but by providing the foundational computing power and software infrastructure essential for AI-powered automation. The company, a commanding force in AI chips with a market capitalization of over $4 trillion, reported a robust first quarter for fiscal 2026. Revenue reached an impressive $44.1 billion, a 69% year-over-year increase, primarily driven by its data center segment, which contributed $39.1 billion. A significant indicator of market demand came from CEO Jensen Huang, who highlighted a tenfold surge in AI inference token generation in just one year, signaling explosive demand for the computing capabilities indispensable for future robots. Nvidia has further solidified its position with the launch of Jetson Thor developer kits, which became available in the first half of 2025. This compact computer, boasting up to 2,000 teraflops of processing power, is specifically engineered for humanoid robots. This initiative builds on Nvidia's existing footprint in robotics; the company already supplies critical technology for projects like Tesla's Optimus humanoid robot and participated in Figure AI's $675 million funding round. Jetson Thor, however, signifies a grander ambition: Nvidia's concerted effort to establish itself as the indispensable computing platform for the entire robotics industry. Beyond hardware, Nvidia's comprehensive Isaac ecosystem is a cornerstone of its strategy. Isaac GR00T N1 and the recently announced N1.5 provide pre-trained AI foundation models crucial for humanoid reasoning and skill development. Concurrently, Isaac Sim enables developers to rigorously train and validate robots in virtual environments before costly real-world deployment. Jensen Huang champions physical AI as the world's next trillion-dollar industry, noting that "countries around the world are recognizing AI as essential infrastructure." With the company guiding toward $45 billion in Q2 fiscal 2026 revenue and making substantial investments in robotics infrastructure, Nvidia is building formidable competitive advantages in this space, making it the robotics stock to own. Should you invest $1,000 in Serve Robotics right now? Before you buy stock in Serve Robotics, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Serve Robotics wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 George Budwell has positions in Nvidia and Serve Robotics. The Motley Fool has positions in and recommends Nvidia, Serve Robotics, and Tesla. The Motley Fool has a disclosure policy. 2 Top Robotics Stocks to Buy Right Now was originally published by The Motley Fool Sign in to access your portfolio
