(SERV) Serve Robotics Common Stock - Overview

Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NASDAQ (USA) | Market Cap: 701m USD | Total Return: -32.1% in 12m

Delivery Robots, Autonomous Vehicles, Logistics Software
Total Rating 12
Safety 28
Buy Signal -1.26
Specialty Industrial Machinery
Industry Rotation: -8.7
Market Cap: 701M
Avg Turnover: 31.7M
Risk 3d forecast
Volatility109%
VaR 5th Pctl16.1%
VaR vs Median-10.1%
Reward TTM
Sharpe Ratio0.31
Rel. Str. IBD12.5
Rel. Str. Peer Group31.1
Character TTM
Beta0.364
Beta Downside-1.913
Hurst Exponent0.596
Drawdowns 3y
Max DD92.72%
CAGR/Max DD-0.41
CAGR/Mean DD-0.61
EPS (Earnings per Share) EPS (Earnings per Share) of SERV over the last years for every Quarter: "2021-12": null, "2022-09": null, "2022-12": null, "2023-03": null, "2023-06": null, "2023-09": null, "2023-12": null, "2024-03": -0.37, "2024-06": -0.26, "2024-09": -0.2, "2024-12": -0.23, "2025-03": -0.23, "2025-06": -0.36, "2025-09": -0.4, "2025-12": -0.34, "2026-03": -0.5,
Last SUE: 0.07
Qual. Beats: 0
Revenue Revenue of SERV over the last years for every Quarter: 2021-12: 0, 2022-09: 0.033333, 2022-12: 0.04713, 2023-03: 0.040252, 2023-06: 0.062009, 2023-09: 0.062565, 2023-12: 0.042719, 2024-03: 0.946711, 2024-06: 0.468375, 2024-09: 0.221555, 2024-12: 0.175842, 2025-03: 0.440465, 2025-06: 0.642, 2025-09: 0.686535, 2025-12: 0.882, 2026-03: 2.984,
Rev. CAGR: 190.55%
Rev. Trend: 88.9%
Last SUE: -0.62
Qual. Beats: 0

Warnings

Share dilution 107.4% YoY

Interest Coverage Ratio -22793.9 is critical

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Altman Z'' -14.26 < 1.0 - financial distress zone

Volatile

Tailwinds

No distinct edge detected

Description: SERV Serve Robotics Common Stock

Serve Robotics Inc. (SERV) is a Redwood City-based technology firm specializing in the development and operation of autonomous, low-emission sidewalk robots. The company focuses on last-mile food delivery services within the United States, aiming to reduce the logistical costs and carbon footprint associated with traditional vehicle-based delivery methods.

The business model relies on integrating self-driving hardware with proprietary navigation software to navigate complex pedestrian environments. As an early mover in the automated delivery sector, the company operates at the intersection of robotics and the gig economy, where labor costs typically account for a significant portion of delivery expenses. For a deeper look at the underlying fundamentals, investors may find it useful to review the data on ValueRay.

Headlines to Watch Out For
  • Strategic partnership with Uber Eats expands fleet deployment and delivery volume
  • Nvidia equity investment validates proprietary autonomous navigation hardware and software
  • High capital expenditures for robot manufacturing delay path to profitability
  • Expansion into new urban markets depends on local sidewalk safety regulations
  • Labor cost savings for enterprise partners drive adoption of automated delivery systems
Piotroski VR-10 (Strict) 0.0
Net Income: -137.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.43 > 0.02 and ΔFCF/TA -24.64 > 1.0
NWC/Revenue: 3.49k% < 20% (prev 14.9k%; Δ -11.4k% < -1%)
CFO/TA -0.33 > 3% & CFO -112.2m > Net Income -137.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 10.19 > 1.5 & < 3
Outstanding Shares: last quarter (76.0m) vs 12m ago 107.4% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 1.86% > 50% (prev 0.60%; Δ 1.26% > 0%)
Interest Coverage Ratio: -22.8k > 6 (EBITDA TTM -131.9m / Interest Expense TTM 6.40k)
Altman Z'' -14.26
A: 0.53 (Total Current Assets 201.1m - Total Current Liabilities 19.7m) / Total Assets 340.8m
B: -0.76 (Retained Earnings -257.9m / Total Assets 340.8m)
C: -0.52 (EBIT TTM -145.9m / Avg Total Assets 278.7m)
D: -11.21 (Book Value of Equity -257.9m / Total Liabilities 23.0m)
Altman-Z'' = -14.26 = D
Beneish M 1.00
DSRI: 1.28 (Receivables 5.60m/1.10m, Revenue 5.19m/1.31m)
GMI: 1.00 (fallback, negative margins)
AQI: 118.5 (AQ_t 0.23 / AQ_t-1 0.00)
SGI: 3.98 (Revenue 5.19m / 1.31m)
TATA: -0.07 (NI -137.1m - CFO -112.2m) / TA 340.8m)
Beneish M = 68.94 (Cap -4..+1) = D
What is the price of SERV shares?

As of May 25, 2026, the stock is trading at USD 8.81 with a total of 3,937,246 shares traded.
Over the past week, the price has changed by +5.58%, over one month by -5.64%, over three months by -10.03% and over the past year by -32.08%.

Is SERV a buy, sell or hold?

Serve Robotics Common Stock has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy SERV.

  • StrongBuy: 5
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SERV price?
Analysts Target Price 18.5 109.4%
Serve Robotics Common Stock (SERV) - Fundamental Data Overview as of 21 May 2026
P/S = 134.8013
P/B = 2.1339
Revenue TTM = 5.19m USD
EBIT TTM = -145.9m USD
EBITDA TTM = -131.9m USD
Long Term Debt = 2.93m USD (estimated: total debt 4.82m - short term 1.89m)
Short Term Debt = 1.89m USD (from shortTermDebt, last quarter)
Debt = 10.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.25m
Net Debt = -177.4m USD (calculated: Debt 10.1m - CCE 187.5m)
Enterprise Value = 523.7m USD (701.1m + Debt 10.1m - CCE 187.5m)
Interest Coverage Ratio = -22.8k (Ebit TTM -145.9m / Interest Expense TTM 6.40k)
EV/FCF = -3.54x (Enterprise Value 523.7m / FCF TTM -147.9m)
FCF Yield = -28.24% (FCF TTM -147.9m / Enterprise Value 523.7m)
 FCF Margin = -2.85k% (FCF TTM -147.9m / Revenue TTM 5.19m)
 Net Margin = -2.64k% (Net Income TTM -137.1m / Revenue TTM 5.19m)
 Gross Margin = unknown ((Revenue TTM 5.19m - Cost of Revenue TTM 28.1m) / Revenue TTM)
 Tobins Q-Ratio = 1.54 (Enterprise Value 523.7m / Total Assets 340.8m)
Interest Expense / Debt = 0.06% (Interest Expense 6.40k / Debt 10.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = -115.3m (EBIT -145.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 10.19 (Total Current Assets 201.1m / Total Current Liabilities 19.7m)
Debt / Equity = 0.03 (Debt 10.1m / totalStockholderEquity, last quarter 317.8m)
 Debt / EBITDA = 1.34 (negative EBITDA) (Net Debt -177.4m / EBITDA -131.9m)
 Debt / FCF = 1.20 (negative FCF - burning cash) (Net Debt -177.4m / FCF TTM -147.9m)
 Total Stockholder Equity = 289.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -49.21% (Net Income -137.1m / Total Assets 340.8m)
RoE = -25.04% (Net Income TTM -137.1m / Total Stockholder Equity 547.8m)
RoCE = -26.50% (EBIT -145.9m / Capital Employed (Equity 547.8m + L.T.Debt 2.93m))
 RoIC = -36.11% (negative operating profit) (NOPAT -115.3m / Invested Capital 319.3m)
 WACC = 7.16% (E(701.1m)/V(711.2m) * Re(7.26%) + D(10.1m)/V(711.2m) * Rd(0.06%) * (1-Tc(0.21)))
Discount Rate = 7.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 71.91 | Cagr: 37.81%
 [DCF] Fair Price = unknown (Cash Flow -147.9m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.07 | # QB: 0
Revenue Correlation: 88.91 | Revenue CAGR: 190.5% | SUE: -0.62 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.59 | Chg30d=-16.44% | Revisions=-14% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.56 | Chg30d=-16.67% | Revisions=-14% | Analysts=2
EPS current Year (2026-12-31): EPS=-2.21 | Chg30d=-13.40% | Revisions=-14% | GrowthEPS=-89.3% | GrowthRev=+876.1%
EPS next Year (2027-12-31): EPS=-1.80 | Chg30d=-12.27% | Revisions=-14% | GrowthEPS=+18.7% | GrowthRev=+199.3%
[Analyst] Revisions Ratio: -14%