Serve Robotics Inc. (SERV)
| Market Cap | 435.45M |
| Revenue (ttm) | 1.81M |
| Net Income (ttm) | -39.19M |
| Shares Out | 56.81M |
| EPS (ttm) | -1.07 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,052,206 |
| Open | 7.75 |
| Previous Close | 7.79 |
| Day's Range | 7.47 - 7.75 |
| 52-Week Range | 1.77 - 24.35 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 17.00 (+121.79%) |
| Earnings Date | Mar 6, 2025 |
About SERV
Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California. [Read more]
Financial Performance
In 2024, Serve Robotics's revenue was $1.81 million, an increase of 773.30% compared to the previous year's $207,545. Losses were -$39.19 million, 57.9% more than in 2023.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SERV stock is "Strong Buy." The 12-month stock price forecast is $17.0, which is an increase of 121.79% from the latest price.
News
Serve Robotics: Intriguing After The Reset
Serve Robotics faces significant expansion challenges, aiming to grow from 50 to 2,000 delivery robots by year-end, with revenues lagging behind expectations. SERV stock has dropped to $7, presenting ...
Serve Robotics Inc. (SERV) Q4 2024 Earnings Conference Call Transcript
Serve Robotics Inc. (NASDAQ:SERV) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Aduke Thelwell - Head, Communications and IR Ali Kashani - Co-Founder and CEO Brian Re...
Serve Robotics Stock Falls on Sale Miss, Adding to Recent Pain
The company's quarterly sales of $176,000 fell short of Wall Street estimates for $250,000.
Serve Robotics Announces Fourth Quarter and Full Year 2024 Results
Full year revenue of $1.8 million , an increase of 773% year-over-year Continued geographic expansion in Los Angeles, successful launch in Miami, and planning entry into Dallas and Atlanta metros Reac...
Serve Robotics to Present at Cantor Global Technology Conference
SAN FRANCISCO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Serve Robotics (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that its Chief Financial Officer Brian Read will partici...
Serve Robotics to Report 2024 Fourth Quarter and Full Year Financial Results, Host Conference Call and Webcast on March 6
SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2024 fourth quarter and ful...
Serve Robotics Expands to Miami Metro, Offering Autonomous Delivery for Shake Shack and Mister O1
Autonomous robot deliveries rolling out in Miami Beach and Brickell via Uber Eats Select Shake Shack and Mister O1 customers may receive their next order from a Serve robot SAN FRANCISCO, Feb. 19, 202...
Delivery robot firm Serve Robotics expands to Miami in first East Coast launch
Serve Robotics said on Wednesday it was rolling out its sidewalk delivery robot services in Miami, marking its first expansion to the East Coast as part of its goal to deploy 2,000 robots across the U...
Overlooked Stock: SERV
On top of removing its stake from Soundhound (SOUN), Nvidia (NVDA) also pulled out of Serve Robotics (SERV). The company launched as an IPO last April and had a massive run higher that was helped by N...
Serve Robotics CEO Sees Delivery Robots Transforming Last-Mile Logistics
Serve Robotics CEO Ali Kashani envisions autonomous delivery robots transforming urban logistics by optimizing the pickup and delivery of food and other products to lower the cost of last-mile deliver...
Serve Robotics Stock Tumbles In Pre-Market As CEO Sells Shares: Here's What Technical Analysis Shows
Shares of Serve Robotics Inc SERV fell by more than 4% in premarket hours on Wednesday after an 18.7% fall on Tuesday as the delivery robots maker's CEO sold 46,425 of common stock in 2025. However, t...
Serve Robotics raises additional $80M as it scales sidewalk delivery robots
Nvidia and Uber-backed Serve Robotics has raised $80 million in a direct offering of 4.2 million shares of common stock. This is on top of the $86 million in gross proceeds Serve raised collectively D...
Serve Robotics Announces $80 Million Registered Direct Offering of Common Stock
SAN FRANCISCO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, announced today that the Company has ent...
Serve Robotics Secures $86 Million in New Financing in December, Solidifying Liquidity Position to Transform Last-Mile Delivery
SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve” or the “Company”) (Nasdaq: SERV), a leading autonomous delivery company, today announced that it raised gross proceeds of ...
Serve Robotics: Dirt Cheap AI Stock With Huge Upside
Serve Robotics leverages Uber's resources to revolutionize last-mile delivery with cost-efficient, eco-friendly, autonomous robots, aiming to deploy 2,000 units by 2025. The partnership with Uber prov...
Serve Robotics Announces Appointment of Lily Sarafan to its Board of Directors
SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Direc...
Serve Robotics Appoints Anthony Armenta as Chief Software & Data Officer
SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and G...
SERV CEO on Acquiring Vebu, NVDA Partnership & Autonomous Industry
Ali Kashani, CEO of Serve Robotics (SERV), discusses the company's direction after acquiring Vebu. He hopes to expand the company's footprint in autonomous robot deliveries.
Serve Robotics Is Positioned To Remake The QSR Industry
Serve Robotics is to acquire Vebu, known for the Autocado, aiming to revolutionize kitchen automation and capitalize on the growing demand for innovative robotics in commercial kitchens. The Autocado,...
Serve Robotics Inc. (SERV) Q3 2024 Earnings Call Transcript
Serve Robotics Inc. (NASDAQ:SERV) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Aduke Thelwell – Head-Communications and Investor Relations Ali Kashani – Co-Founde...
Serve Robotics steps into restaurant kitchens with Vebu acquisition
Serve Robotics , known for its sidewalk delivery robots, is branching out from its mainstay focus on automated delivery solutions and into restaurant kitchens through its acquisition of the 'Autocado'...
Serve Robotics Announces Third Quarter 2024 Results
Announced plans for geographic expansion into the Dallas Fort Worth metro Completed $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter end Announced agreeme...
Serve Robotics to Acquire Autocado Robot Maker Vebu, Expanding Automation Offering
Acquisition deepens Serve's offerings for the restaurant industry, helping partners improve efficiency and manage labor shortage challenges from kitchen to curb SAN FRANCISCO , Nov. 7, 2024 /PRNewswir...
Serve Robotics Announces Date of Third Quarter 2024 Financial Results and Conference Call
SAN FRANCISCO , Oct. 29, 2024 /PRNewswire/ -- Serve Robotics (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the third qu...
Serve Robotics ($SERV) Unveils New Autonomous Delivery Robot to Support National Rollout
Serve Robotics (NASDAQ: SERV), has unveiled its third-generation autonomous sidewalk delivery robot featuring enhanced capabilities and lower manufacturing costs. Equipped with Nvidia's (NASDAQ: NVDA)...