**Serve Robotics’ Stock Soars Following Major Endorsements**
Shares of Serve Robotics (NASDAQ: SERV) surged 33% this week, reaching significant interest from investors after a price target increase by Northland Securities to $26 per share—a potential upside of 66% based on its current performance. This increase in valuation follows several strong buy ratings from analysts.
Additionally, during his CES 2026 address, Nvidia CEO Jensen Huang praised Serve Robotics, further boosting market confidence. The rise in Serve’s stock was likely aided by two acquisitions in the robotics sector: Singapore’s Grab acquired last-mile delivery startup Infermove, and Mobileye purchased Mentee Robotics, known for humanoid robots. Serve is projected to grow its revenue from $2.5 million in 2025 to $25 million in 2026. However, it is trading at a substantial 40 times its expected sales for next year.
