Serve Robotics Inc. (SERV)
| Market Cap | 653.29M |
| Revenue (ttm) | 1.31M |
| Net Income (ttm) | -43.37M |
| Shares Out | 51.64M |
| EPS (ttm) | -0.97 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,799,785 |
| Open | 12.85 |
| Previous Close | 12.81 |
| Day's Range | 12.25 - 12.88 |
| 52-Week Range | 1.82 - 24.35 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 17.00 (+34.39%) |
| Earnings Date | May 8, 2025 |
About SERV
Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces for food delivery activity in the United States. It builds self-driving delivery robots. Serve Robotics Inc. was founded in 2017 and is headquartered 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 4 analysts, the average rating for SERV stock is "Strong Buy." The 12-month stock price forecast is $17.0, which is an increase of 34.39% from the latest price.
News
5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Week
U.S. stocks settled lower on Friday, with the S&P 500 recording losses for the fourth straight session. The Dow Jones index also dipped more than 250 points on Friday.
Serve Robotics: An Interesting Play On Artificial Intelligence And Automation
Serve Robotics Inc. is a speculative investment in AI and automation, aiming to revolutionize food delivery with autonomous robots, despite poor current fundamentals. SERV's partnership with Uber Eats...
Serve Robotics: Don't Chase
Serve Robotics Inc. has significant long-term potential, but current revenue growth and robot utilization are lagging behind ambitious scaling plans. The company's Q2 guidance remains modest despite r...
Serve Robotics: Questionable Business Prospects Past Uber Partnership
Serve Robotics Inc. is eyeing a near-term ramp up of delivery robots with Uber Eats. The business case comes with high uncertainty regarding Serve's utilization target, the business model's profitabil...
Serve Robotics Inc. (SERV) Q1 2025 Earnings Conference Call Transcript
Serve Robotics Inc. (NASDAQ:SERV) Q1 2025 Results Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Aduke Thelwell - Head of Communications and Investor Relations Ali Kashani - Co-...
Serve Robotics Announces First Quarter 2025 Results
SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (the “Company” or “Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced financial results for the...
Serve Robotics to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast on May 8
SAN FRANCISCO, April 24, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 first quart...
Serve Robotics Saddles Up for Autonomous Delivery in Dallas-Fort Worth Via Uber Eats
DALLAS, April 03, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Dallas-Fort Wo...
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...