Serve Robotics Inc Reports Strong Q1 2025 Results

Serve Robotics Inc ( (SERV) ) has shared an announcement.

On May 8, 2025, Serve Robotics Inc. announced its first-quarter 2025 financial results, highlighting the successful deployment of 250 new third-generation robots and expansion into Miami and Dallas. The company reported a 150% increase in revenue compared to Q4 2024, reaching $440,000, and strengthened its balance sheet with $91.5 million in new capital. Serve also expanded its merchant partnerships significantly and is on track to deploy 2,000 robots by the end of the year, aiming for a $60-$80 million annualized revenue run-rate once fully deployed. The company is also focusing on monetizing its software and data platform, expecting recurring revenue from new key customers.

Spark’s Take on SERV Stock

According to Spark, TipRanks’ AI Analyst, SERV is a Underperform.

Serve Robotics Inc faces substantial financial challenges, with ongoing profitability issues and reliance on external financing weighing heavily on its stock score. Despite significant revenue growth and strategic expansion efforts, the technical indicators suggest a bearish trend, and the valuation reflects high risk. The earnings call provided some optimism with strategic plans and a strong cash position, but increased expenses and acquisition challenges remain key risks.

To see Spark’s full report on SERV stock, click here.

More about Serve Robotics Inc

Serve Robotics Inc. is a leading company in the autonomous sidewalk delivery industry, focusing on developing advanced AI-powered, low-emission delivery robots. The company, which spun off from Uber in 2021, has partnered with major enterprises like Uber Eats and 7-Eleven and aims to deploy up to 2,000 delivery robots across multiple U.S. markets.

Average Trading Volume: 6,313,853

Technical Sentiment Signal: Strong Sell

Current Market Cap: $356.3M

Find detailed analytics on SERV stock on TipRanks’ Stock Analysis page.