Serve Robotics Inc (NASDAQ:SERV) is one of the best small cap robotics stocks to buy according to analysts.
While Serve Robotics stock has only gone up a modest 17% over the past year, the Street sees it exploding over 100% from its current level.
On May 7, Serve Robotics Inc (NASDAQ:SERV) reported Q1 2026 results that showed strong revenue growth and a company in a solid financial position. Revenue of $3 million increased 238% sequentially and 578% YoY, with the company recording growth across all its business lines. The company closed Q1 with $197.4 million in liquidity.
Serve Robotics has built a fleet of around 2,000 robots. Now itโs transitioning from fleet expansion to productivity. According to CFO Brian Read, the focus now is on increasing revenue per robot.
During Q1, Serve Robotics acquired Diligent Robotics to expand into the hospital robotics space and diversify beyond its last-mile delivery market. The company also expanded its operating footprint in Q1, reaching 44 cities across 14 states.
The robust topline growth came as Serve Robotics works to diversify its business and expand its recurring revenue base. Following the strong Q1 performance, the company reaffirmed its full-year 2026 revenue guidance of $26 million.
Serve Robotics Inc (NASDAQ:SERV) makes and operates delivery robots. These include AI-powered, autonomous sidewalk robots used for last-mile deliveries of food, goods, and other items in urban environments. Serve Robotics was originally a unit of the ride-hailing giant Uber before its spinoff in 2021.
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 theย best short-term AI stock.
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