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The late-December boost appears to be paying off for Serve Robotics after the company hit its target of deploying more than 2,000 delivery robots across the U.S., helping extend the stock’s rally to seven straight sessions — a streak last seen in mid-May 2025.
Serve shares were up nearly 1% in overnight trading on Friday, and if gains hold through the premarket, the stock is on track for an eighth consecutive advance. That would mark Serve’s longest winning streak since going public in early 2024.
Serve Robotics develops AI-powered, low-emissions sidewalk delivery robots and was spun off from Uber in 2021 as an independent company. Last year was not an easy run, with slower revenue growth and profitability not in sight.
However, in an exclusive interview with Stocktwits’ Michele Steele at CES 2026, CEO Ali Kashani said that if the company keeps scaling at the 20x increase in delivery robot deployments seen last year, it would see “profitable positive unit economics.”
He noted that even though the forecast is for 10x revenue this year, the company would not “have unit economics profitability this year” and is in “line of sight.”
Last year, Serve expanded into major U.S. cities, including Los Angeles, Atlanta, Dallas–Fort Worth, Miami, Fort Lauderdale, Chicago, and Alexandria. The company also had noted that it would be entering newer cities in early 2026.
In the interview with Steele, the CEO added that there is “a lot coming up” and noted that the company’s plans to enter a new city revolve around its discussions with Uber and DoorDash, which help determine a better city for business growth. Kashani also said that Nvidia and Uber are heavily interested in their business and have constant engagement with them.
Nvidia was an early investor in Serve Robotics, and the latter uses the AI giant’s chips for its robots.
Retail sentiment on Serve Robotics jumped to ‘extremely bullish’ from ‘neutral’ a week ago, with message volumes at ‘extremely high’ levels, according to data from Stocktwits. The stock has seen a nearly 60% in users adding the ticker to their watchlist on the platform.
Shares of Serve Robotics have lost more than 17% of their value in the last 12 months.
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