An $860 Billion Opportunity: Is Serve Robotics Stock a Buy Based on This Forecast by Cathie Wood's Ark Invest?

Cathie Wood is one of the most vocal bulls on Wall Street when it comes to innovative technologies like artificial intelligence (AI), robotics, and autonomous vehicles. Her firm, Ark Invest, runs a set of exchange-traded funds (ETFs) that invest in companies operating in those industries.Earlier this year, Ark released the 2025 edition of its annual "Big Ideas" report, which featured updated forecasts for many of its favorite investing themes. In its look at the future of the logistics industry, the firm predicted there could be a whopping $860 billion revenue opportunity by 2030 for autonomous delivery robots, drones, and even trucks. Serve Robotics (NASDAQ: SERV) is a small-cap company worth just $600 million, but it's trying to transform last-mile logistics with its autonomous food delivery robots. It has a major contract with Uber Technologies to launch 2,000 robots this year, but that might be the tip of the iceberg if Ark's forecasts prove close to accurate. Is the stock a buy right now?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool