SERV Stock Analysis: Serve Robotics Common Stock | NASDAQ

Specialty Industrial Machinery | NASDAQ, USA | Market Cap: 537m USD | 12M Return: -43.6% | Charts, Fundamentals & Technical Analysis

Autonomous Delivery Robots, Food Delivery, Low-Emission Robots, Self-Driving Robots
Total Rating 8
Safety 33
Buy Signal -1.13
Specialty Industrial Machinery
Industry Rotation: -8.2
Market Cap: 537M
Avg Turnover: 33.1M
Risk 3d forecast
Volatility102%
VaR 5th Pctl15.3%
VaR vs Median-8.61%
Reward TTM
Sharpe Ratio-0.26
Rel. Str. IBD0.9
Rel. Str. Peer Group1.5
Character TTM
Beta0.593
Beta Downside-1.371
Hurst Exponent0.550
Drawdowns 3y
Max DD92.72%
CAGR/Max DD-0.50
CAGR/Mean DD-0.75
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": -0.27, "2024-09": -0.14, "2024-12": -0.23, "2025-03": -0.16, "2025-06": -0.36, "2025-09": -0.4, "2025-12": -0.34, "2026-03": -0.5,
Last SUE: 0.12
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

Strong Share Dilution
Interest Coverage Ratio Critical
Beneish M-Score Likely Earnings Manipulation
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 2.3 years of data

Jan -0.3% -
Feb -5.0% -
Mar -22.8% 37
Apr +8.9% 30
May +37.1% 0
Jun -22.3% 30
Jul -6.9% -
Aug +6.3% -
Sep -1.2% -
Oct +7.3% -
Nov -26.9% -
Dec -1.7% -

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SERV Serve Robotics Common Stock

Serve Robotics Inc. (NASDAQ: SERV) designs, develops, and operates low-emission, self-driving delivery robots used primarily for food delivery in public and commercial spaces across the United States. Founded in 2017 and headquartered in Redwood City, California, the company went public in March 2024 and is classified within the Industrials sector. Its business model centers on autonomous last-mile delivery, partnering with restaurants and food-delivery platforms to deploy sidewalk-based robotic fleets as an alternative to traditional vehicle-based couriers.

Headlines to Watch Out For
  • Uber Eats partnership expansion accelerates daily delivery volume growth
  • Cash burn and capital raise risk pressure share price
  • Sidewalk robot permits and city regulations limit geographic expansion
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: -22.1k > 6 (EBIT TTM -141.4m / Interest Expense TTM 6.40k)
Altman Z'' 10.00
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: -0.51 (EBIT TTM -141.4m / Avg Total Assets 278.7m)
D: 13.81 (Book Value of Equity 317.8m / Total Liabilities 23.0m)
Altman-Z'' = 12.11 = AAA
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 = 69.01 (Cap -4..+1) = D
What is the price of SERV shares?

As of July 09, 2026, the stock is trading at USD 5.89 with a total of 2,835,138 shares traded. Over the past week, the price has changed by -10.49%, over one month by -22.60%, over three months by -29.63% and over the past year by -43.56%.

Current recommended Stop Loss: 5.30 (which is 10% or 1.2 ATR below the current price).

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 18.5 213.2%
Serve Robotics Common Stock (SERV) - Fundamental Data Overview as of 07 July 2026
Market Cap USD = 536.9m (536.9m USD * 1.0 USD.USD)
P/S = 103.3531
P/B = 1.7458
Revenue TTM = 5.19m USD
EBIT TTM = -141.4m USD
EBITDA TTM = -127.4m 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 = 4.82m USD (from shortLongTermDebtTotal, last quarter) (leases 4.82m already included)
Net Debt = -182.7m USD (calculated: Debt 4.82m - CCE 187.5m)
Enterprise Value = 354.3m USD (536.9m + Debt 4.82m - CCE 187.5m)
Interest Coverage Ratio = -22.1k (Ebit TTM -141.4m / Interest Expense TTM 6.40k)
EV/FCF = -2.39x (Enterprise Value 354.3m / FCF TTM -147.9m)
FCF Yield = -41.76% (FCF TTM -147.9m / Enterprise Value 354.3m)
 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 = 1.04 (Enterprise Value 354.3m / Total Assets 340.8m)
Interest Expense / Debt = 0.13% (Interest Expense 6.40k / Debt 4.82m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -111.7m (EBIT -141.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 10.19 (Total Current Assets 201.1m / Total Current Liabilities 19.7m)
Debt / Equity = 0.02 (Debt 4.82m / totalStockholderEquity, last quarter 317.8m)
 Debt / EBITDA = 1.43 (negative EBITDA) (Net Debt -182.7m / EBITDA -127.4m)
 Debt / FCF = 1.23 (negative FCF - burning cash) (Net Debt -182.7m / 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 = -47.31% (Net Income TTM -137.1m / Total Stockholder Equity 289.9m)
RoCE = -48.30% (EBIT -141.4m / Capital Employed (Equity 289.9m + L.T.Debt 2.93m))
 RoIC = -34.63% (negative operating profit) (NOPAT -111.7m / Invested Capital 322.7m)
 WACC = 8.00% (E(536.9m)/V(541.7m) * Re(8.07%) + D(4.82m)/V(541.7m) * Rd(0.13%) * (1-Tc(0.21)))
Discount Rate = 8.07% (= 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: 0.12 | # 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=-17% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.56 | Chg30d=-16.67% | Revisions=-17% | Analysts=2
EPS current Year (2026-12-31): EPS=-2.21 | Chg30d=-13.40% | Revisions=-17% | GrowthEPS=-89.3% | GrowthRev=+876.1%
EPS next Year (2027-12-31): EPS=-1.80 | Chg30d=-12.27% | Revisions=-17% | GrowthEPS=+18.7% | GrowthRev=+199.3%
[Analyst] Revisions Ratio: -27% (up=4, down=8)