Data Leadership Makes Serve Robotics (SERV) a Physical AI Pioneer

Serve Robotics Inc. (NASDAQ:SERV) is one of the most promising small-cap industrial stocks under $50.

At the close of play on December 22, the consensus ratings project a bullish market view for Serve Robotics Inc. (NASDAQ:SERV). The stock has been covered by 5 analysts, all of whom have assigned Buy ratings. According to analyst estimates, the median 1-year price target for the stock is $20, implying a potential upside of 81.5% from the current level.

On December 18, Oppenheimer analyst Colin Rusch initiated his coverage of Serve Robotics Inc. (NASDAQ:SERV). The analyst has a bullish view of the stock, in line with market consensus, and has assigned a Buy rating. Rusch has estimated a price target of $20, which offers more than 86% upside potential to investors.

Rusch has called Serve Robotics Inc. (NASDAQ:SERV) “a Physical AI pioneer”, which is capitalizing on their strong data leadership. The analyst credited the company’s innovative solutions to the amalgamation of their software efficiency and robust hardware design. This gives them a competitive edge, especially within complex environments, as they are able to leverage such capabilities for accelerated learning. According to Rusch, the company also has distinct structural cost advantages over its peers, which adds up to his bullish stance.

Serve Robotics Inc. (NASDAQ:SERV) is a maker of AI-powered low-emission robotic carriers that help in sidewalk food delivery in public places. Their self-driving delivery robots make the delivery process highly economical and efficient for consumer convenience.

While we acknowledge the potential of SERV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.