Serve Robotics Aims to Deploy 2,000 Robots by Year-end - Cantor Fitzgerald Sees 70% Price Potential!

Serve Robotics, which has only been publicly traded since last year, is focused on the development of self-driving delivery robots powered by AI. The company designs emission-free robots that deliver food, among other things. They have partnered with Uber Eats. Although they missed estimates for Q1 results released in early May, the management aims to deploy 2,000 robots by the end of the year. If the company truly achieves this, significant growth is likely to follow. Currently, they have completed 250 robots. However, if they manage to deploy...