Should You Buy Serve Robotics Stock After Its 65% Plunge? Nvidia's Recent Move Might Hold the Answer. [Yahoo! Finance]
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: Yahoo! Finance
In fact, the company has a contract with Uber to deploy thousands of new robots by the end of 2025, which will pave the way for an expansion into new geographic markets. Serve's robots are powered by Nvidia 's (NASDAQ: NVDA) Jetson Orin platform, which provides the hardware and software required to run advanced robotics and computer vision. Nvidia was also one of the largest shareholders in Serve, until the chipmaker sold its entire stake at the end of 2024. Serve stock has plunged by 65% since mid-February, which is when investors learned of Nvidia's exit. Should investors treat this as a buying opportunity, or should they sit alongside Nvidia on the sidelines? Image source: Getty Images. Serve is gearing up for a record year in 2025 Serve thinks there is an untapped market for robotic and drone delivery that could be worth a staggering $450 billion by 2030. Existing last-mile logistics networks rely on two-ton cars with human drivers to deliver two-pound food orders, which
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MGA
News
- Magna International (TSE:MG) shareholders notch a 20% return over 1 year, yet earnings have been shrinking [Yahoo! Finance]Yahoo! Finance
- Xpeng in talks to localise production in Malaysia [Yahoo! Finance]Yahoo! Finance
- The 1 Canadian Dividend Stock I'd Buy in Any Market [Yahoo! Finance Canada]Yahoo! Finance Canada
- Magna International (NYSE:MGA) (TSE:MG) had its price target lowered by analysts at Wells Fargo & Company from $51.00 to $50.00. They now have an "equal weight" rating on the stock.MarketBeat
- Magna International (NYSE:MGA) (TSE:MG) had its price target raised by analysts at Morgan Stanley from $38.00 to $54.00. They now have an "equal weight" rating on the stock.MarketBeat
MGA
Earnings
- 10/31/25 - Beat
MGA
Sec Filings
- 11/5/25 - Form 6-K
- 10/31/25 - Form 6-K
- 10/31/25 - Form 6-K
- MGA's page on the SEC website