1 Artificial Intelligence (AI) Stock Wall Street Thinks Investors Are Still Underestimating

• A caller acquisition volition determination Serve Robotics' level into a ample caller market.

• Analysts who are already bullish volition present request to see an adjacent bigger addressable market.

• One study says the humanoid robot marketplace volition turn astatine an yearly complaint of astir 40% done 2030.

• 10 stocks we similar amended than Serve Robotics ›

Delivery robots are moving from a speculative task to a much communal alternative. Serve Robotics (NASDAQ: SERV) is starring the way, present with much than 2,000 transportation robots deployed.

The institution has been rapidly increasing into much U.S. markets, including Los Angeles, Atlanta, Dallas-Fort Worth, Miami, Fort Lauderdale, Chicago, and Alexandria, Virginia. Serve is besides moving beyond conscionable sidewalk transportation robots. Yet the institution is inactive conscionable covered by less than 10 Wall Street analysts.

Serve Robotics originated arsenic a spinoff of Uber Technologies' robotics division, Postmates X, pursuing Uber's 2020 acquisition of Postmates. The company's extremity is to alteration last-mile transportation by deploying sidewalk-navigating robots that assistance little transportation costs and trim emissions compared to accepted transportation methods.

Serve's robots are equipped with blase sensors and instrumentality learning tools, enabling them to safely interact with pedestrians successful municipality settings. Serve Robotics wants to beforehand autonomous conveyance exertion to heighten the sustainability and ratio of municipality delivery. Now, done a precocious announced acquisition, the institution is bringing its AI exertion beyond the sidewalk setting.

While followed by lone a fistful of analysts, Serve has a affirmative statement standing from that group. One of the astir bullish among them is Northland Capital Market's Michael Latimore. He calls it a apical prime for 2026, with a $26 per stock terms target. That implies astir a treble from caller levels.

That investigation doesn't relationship for a caller acquisition that expands Serve's addressable market. On Jan. 21, Serve announced it is acquiring privately held Diligent Robotics, a supplier of AI-powered robot assistants for the healthcare industry. The transaction marks Serve's archetypal enlargement of its autonomy level into indoor environments. Hospitals could beryllium among the astir impactful settings for robotics implementation.

Diligent's robot, Moxi, is an autonomous hospital-delivery robot that supports nurses and infirmary staff. Moxi is deployed successful much than 25 infirmary facilities crossed the U.S. Serve already has a adjacent narration with AI person Nvidia. Moxi besides utilizes Nvidia's Jetson embedded robotics platform.