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-0.000795045199791979 -0.000795045199791979 0.000186492083901895 0.0011680293675956 -0.00373965705087308 0.000186492083901895 0.000186492083901895 0.000186492083901895
Stock impact report

Serve Robotics targets $2.5M 2025 revenue and 2,000 robot deployment as fleet expansion accelerates [Seeking Alpha]

Serve Robotics Inc. (SERV) 
Last serve robotics inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.servicemaster.com
Company Research Source: Seeking Alpha
CEO Ali Kashani highlighted that Serve Robotics reached "the threshold for 1,000 robots deployed," calling this "an inflection point" and emphasizing the company's role in "rewriting the operating system of how cities function, how goods Quick Insights Serve expects revenue growth from rapid robot deployment, expanding partnerships (DoorDash, national QSRs), recurring fleet revenues, and integration of acquisitions, aiming for $2.5M+ revenue in 2025 and an annualized run rate of $60M-$80M as robot and market coverage expand. Serve reduced robot costs significantly (Gen 3 robots are one-third the cost of Gen 2), made design modular, improved manufacturing and supply chain efficiencies, but operating expenses and R&D investment remain high due to aggressive scaling and city launches. Key risks include disciplined scaling pace, managing rising costs, integrating acquisitions, ensuring safe and reliable robot operation, and successful monetization of software/data and new partner Show less Read more
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