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Serve Robotics Inc ( (SERV) ) has provided an announcement.
On January 19, 2026, Serve Robotics Inc. agreed to acquire all outstanding equity of Diligent Robotics, an Austin-based developer of AI-powered hospital robot assistants, in an all-stock transaction valued at $29 million, subject to adjustments and including a potential $5.3 million earn-out, with completion contingent on customary closing conditions and expected in the first quarter of 2026. The deal, announced publicly on January 20, 2025, marks Serve’s first major move beyond outdoor last-mile delivery into indoor healthcare environments, integrating Diligent’s Moxi hospital delivery robots—one of the largest autonomous hospital robot deployments in the U.S.—into Serve’s Physical AI platform to accelerate its shared autonomy stack, extend its addressable market and revenue base, and improve fleet economics and operational efficiency across both sidewalk and hospital applications, with Diligent operating as a Serve subsidiary under CEO Andrea Thomaz.
The most recent analyst rating on (SERV) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.
Spark’s Take on SERV Stock
According to Spark, TipRanks’ AI Analyst, SERV is a Neutral.
The score is held back primarily by weak financial performance—materially negative margins, negative ROE, and negative operating cash flow—despite strong revenue growth and low leverage. The earnings call supports a better outlook due to scaling milestones, major partnership expansion, and strong cash, while technicals show a strong trend but near-term overbought risk. Valuation is constrained by ongoing losses and no dividend support.
To see Spark’s full report on SERV stock, click here.
More about Serve Robotics Inc
Serve Robotics Inc., spun out from Uber in 2021 and listed on Nasdaq, develops advanced AI-powered, low-emissions sidewalk delivery robots focused on sustainable, economical last-mile delivery. The company has completed more than 100,000 deliveries for enterprise partners such as Uber Eats and 7-Eleven and holds scalable multi-year contracts, including an agreement to deploy up to 2,000 delivery robots across multiple U.S. markets, positioning it as a leading player in autonomous delivery robotics.
Average Trading Volume: 7,138,877
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.1B
For an in-depth examination of SERV stock, go to TipRanks’ Overview page.