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Serve Robotics Inc
(NASDAQ:SERV)
Serve Robotics Inc (SERV) vs. SPDR S&P 500 ETF (SPY)
Serve Robotics Inc Business Overview & Revenue Model
Serve Robotics Inc Earnings Call Summary
Serve Robotics Inc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.94M | 1.81M | 207.54K | 107.82K | 0.00 |
| Gross Profit | -9.36M | -75.16K | -1.52M | -1.04M | 0.00 |
| EBITDA | -76.99M | -37.98M | -17.39M | -20.83M | -21.62M |
| Net Income | -80.21M | -39.19M | -24.81M | -21.86M | -21.67M |
Balance Sheet | |||||
| Total Assets | 299.51M | 139.60M | 2.80M | 8.54M | 8.66M |
| Cash, Cash Equivalents and Short-Term Investments | 210.45M | 123.27M | 6.76K | 2.72M | 7.97M |
| Total Debt | 4.15M | 2.34M | 4.37M | 7.48M | 0.00 |
| Total Liabilities | 15.24M | 7.92M | 6.84M | 21.00M | 336.31K |
| Stockholders Equity | 284.27M | 131.68M | -4.03M | -12.45M | 8.32M |
Cash Flow | |||||
| Free Cash Flow | -82.96M | -31.79M | -15.98M | -25.05M | -10.87M |
| Operating Cash Flow | -56.86M | -21.54M | -15.97M | -21.40M | -10.71M |
| Investing Cash Flow | -127.07M | -10.32M | -4.91K | -4.06M | -258.73K |
| Financing Cash Flow | 249.80M | 155.12M | 13.27M | 20.21M | 18.93M |
Serve Robotics Inc Technical Analysis
Serve Robotics Inc Risk Analysis
Serve Robotics Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $49.58B | ― | -8.09% | ― | 24.80% | -31.37% | |
66 Neutral | $19.05M | 1.82 | 21.29% | ― | -1.36% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | $7.84B | ― | -37.27% | ― | ― | 5.46% | |
47 Neutral | $752.28M | ― | -47.18% | ― | 15.84% | -71.99% | |
47 Neutral | $22.96M | ― | -0.73% | ― | 19.84% | 95.71% |
Serve Robotics Inc Corporate Events
Serve Robotics Inc., a leader in autonomous sidewalk delivery solutions, specializes in developing AI-powered, low-emissions robots aimed at making deliveries more sustainable and economical. The company, which spun off from Uber in 2021, has made significant strides in the delivery sector, partnering with major platforms like Uber Eats and DoorDash.
On November 12, 2025, Serve Robotics Inc. announced its third-quarter financial results, highlighting a 66% increase in delivery volume and a 209% rise in revenue compared to the same period in 2024. The company also expanded its market presence by launching in Chicago and forming a strategic partnership with DoorDash. Serve ended the quarter with a strong liquidity position and raised $100 million through a direct share offering, positioning itself for significant growth, including a projected 10x revenue increase in 2026.
The most recent analyst rating on (SERV) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.
On October 10, 2025, Serve Robotics Inc. announced a securities purchase agreement with institutional investors to sell 6,250,000 shares of common stock through a registered direct offering, expected to generate approximately $100 million in gross proceeds. The offering, set to close on October 14, 2025, aims to fund general corporate purposes, including working capital and capital expenditures, and involves Northland Securities as the exclusive placement agent.
The most recent analyst rating on (SERV) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.
On October 9, 2025, Serve Robotics Inc. announced a strategic partnership with DoorDash to expand the use of its autonomous delivery robots on the DoorDash platform, starting in Los Angeles with plans to extend to other cities. This collaboration is part of DoorDash’s strategy to integrate various delivery methods, including robots, to meet growing demand while reducing emissions and traffic, and it positions Serve Robotics to increase its delivery volume and market reach.
The most recent analyst rating on (SERV) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.
On October 6, 2025, Serve Robotics Inc. announced the deployment of its 1,000th third-generation autonomous delivery robot, marking a significant milestone in its operations. The company remains on track to achieve its goal of deploying 2,000 robots by the end of 2025, which underscores its commitment to expanding its presence in the delivery sector and enhancing its market positioning.
The most recent analyst rating on (SERV) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.
Serve Robotics Inc. announced the acquisition of Vayu Robotics, a pioneer in AI-based urban robot navigation, on August 18, 2025. This strategic move aims to enhance Serve’s capabilities in autonomous delivery by integrating Vayu’s AI foundation models and simulation-powered data engine, positioning Serve at the forefront of the robotics industry. The acquisition is expected to accelerate Serve’s roadmap, expand its autonomy training capabilities, and facilitate entry into new markets and use cases, ultimately improving operational efficiency and reducing delivery costs. Vinod Khosla, Vayu’s lead investor, will join Serve’s Advisory Board, further strengthening Serve’s industry positioning.
The most recent analyst rating on (SERV) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Serve Robotics Inc stock, see the SERV Stock Forecast page.
Serve Robotics Inc’s recent earnings call painted a picture of robust growth tempered by some financial challenges. The company reported significant revenue and delivery volume increases, alongside fleet expansion and new partnerships. However, there were concerns about declines in software and branding revenues, rising operating expenses, and a negative adjusted EBITDA.