Serve Robotics (SERV) Bolsters Uber Eats Partnership, Wins Analyst Approval

Serve Robotics Inc. (NASDAQ:SERV) is a top robotics to buy according to analysts. Cantor Fitzgerald reaffirmed its Overweight rating and $17 price target due to strong unit economics and key alliances. The company has deployed 120 robots, increasing its fleet size to 400 units, and plans to deploy 2,000 robots by year's end. Serve Robotics also benefits from a manufacturing partnership with Magna and its alliance with Uber Eats, its biggest client and investor.

Serve Robotics Inc. (SERV), a leading player in the robotics industry, has solidified its position in the market with strategic partnerships and ambitious expansion plans. The company, which designs and develops autonomous, low-emission sidewalk delivery robots, has seen a significant boost in its fleet size and is poised for further growth.

Cantor Fitzgerald recently reaffirmed its Overweight rating and $17 price target for SERV, citing strong unit economics and key alliances [4]. In the second quarter, Serve Robotics deployed 120 robots, increasing its fleet size to 400 units. By year's end, the company aims to deploy approximately 2,000 robots, doubling its fleet size in the third quarter alone [4].

One of Serve Robotics' most significant partnerships is with Magna, a manufacturing giant. This partnership allows the company to adopt a low-capital expenditure strategy, enabling it to offer a more affordable long-term per-delivery fee compared to traditional couriers [4]. Additionally, Serve Robotics' alliance with Uber Eats, its biggest client and investor, owning about an 8% stake, provides a substantial financial and operational advantage [2].

Serve Robotics' recent acquisition of Vayu Robotics, Inc. from Khosla Ventures VI, L.P. further strengthens its position. The acquisition, completed on August 15, 2025, was valued at $63.3 million and includes an earnout payment of $5.44 million in common equity [2]. Upon completion, Vayu Robotics will operate as a subsidiary of Serve Robotics, with Vinod Khosla joining the company's Advisory Board.

With these strategic moves, Serve Robotics is well-positioned to capitalize on the growing demand for autonomous delivery solutions. The company's focus on food delivery in the US and its commitment to sustainability through low-emission robots make it a compelling investment opportunity.

References:
[1] https://www.nasdaq.com/market-activity/stocks/serv/financials
[2] https://www.marketscreener.com/news/serve-robotics-inc-completed-the-acquisition-of-vayu-robotics-inc-from-khosla-ventures-vi-l-p-a-ce7c51dcdb80f122
[3] https://www.marketbeat.com/instant-alerts/fy2025-earnings-forecast-for-aon-issued-by-cantor-fitzgerald-2025-08-15/
[4] https://finviz.com/news/146501/serve-robotics-serv-strengthens-uber-eats-partnership-gains-analyst-confidence