(SERV) Serve Robotics Common Stock - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US81758H1068

Autonomous, Delivery, Robots

Restaurants
Market Cap in USD: 1,096m
IPO / Inception: 2024-03-07
12m vs SPY: -17.6%

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,
EPS CAGR: -40.04%
EPS Trend: -30.2%
Last SUE: -2.18
Qual. Beats: 0

Revenue

Revenue of SERV over the last years for every Quarter: 2021-12: null, 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,
Rev. CAGR: 174.11%
Rev. Trend: 83.8%
Last SUE: -0.06
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 152%
Value at Risk 5%th 207%
Relative Tail Risk -17.29%
Reward TTM
Sharpe Ratio 0.45
Alpha -64.87
CAGR/Max DD -0.27
Character TTM
Hurst Exponent 0.498
Beta 2.619
Beta Downside 1.946
Drawdowns 3y
Max DD 92.72%
Mean DD 61.78%
Median DD 60.76%

Description: SERV Serve Robotics Common Stock December 26, 2025

Serve Robotics Inc. (NASDAQ: SERV) designs, builds, and operates low-emission autonomous delivery robots that transport food orders within U.S. public spaces. Founded in 2017 and based in Redwood City, California, the firm positions itself in the GICS Restaurants sub-industry, leveraging robotics to address last-mile delivery challenges.

Key operating metrics (as of the most recent public filings) include an estimated ≈ 150 active robot units in pilot cities and a projected ≈ $12 million in 2024 revenue, reflecting a ~ 30 % year-over-year growth rate driven by rising labor costs and consumer demand for contact-less delivery. The total addressable market for autonomous food-delivery robots in the United States is roughly $5 billion, with regulatory trends (e.g., city-level sidewalk-use permits) and ESG incentives for low-emission logistics acting as primary sector drivers. Serve’s unit economics improve as battery technology advances, reducing per-delivery energy cost by an estimated 15 % YoY.

For a deeper, data-rich assessment of SERV’s valuation and risk profile, consider exploring the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income (-80.2m TTM) > 0 and > 6% of Revenue (6% = 116.7k TTM)
FCFTA -0.28 (>2.0%) and ΔFCFTA 11.88pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 10.6k% (prev 2961 %; Δ 7679 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.19 (>3.0%) and CFO -56.9m > Net Income -80.2m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 17.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (58.5m) change vs 12m ago 44.07% (target <= -2.0% for YES)
Gross Margin -481.4% (prev 13.37%; Δ -494.8pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 1.08% (prev 2.73%; Δ -1.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -8225 (EBITDA TTM -77.0m / Interest Expense TTM 9806 ) >= 6 (WARN >= 3)

Altman Z'' -12.40

(A) 0.69 = (Total Current Assets 219.7m - Total Current Liabilities 12.8m) / Total Assets 299.1m
(B) -0.58 = Retained Earnings (Balance) -174.6m / Total Assets 299.1m
(C) -0.45 = EBIT TTM -80.7m / Avg Total Assets 180.3m
(D) -11.45 = Book Value of Equity -174.5m / Total Liabilities 15.2m
Total Rating: -12.40 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 33.63

1. Piotroski 0.0pt
2. FCF Yield -9.33%
3. FCF Margin data missing
4. Debt/Equity 0.01
5. Debt/Ebitda 1.46
6. ROIC - WACC (= -54.25)%
7. RoE -38.52%
8. Rev. Trend 83.82%
9. EPS Trend -30.23%

What is the price of SERV shares?

As of January 12, 2026, the stock is trading at USD 14.71 with a total of 12,361,735 shares traded.
Over the past week, the price has changed by +16.01%, over one month by +14.47%, over three months by -10.69% and over the past year by -0.47%.

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.
  • Strong Buy: 5
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the SERV price?

Issuer Target Up/Down from current
Wallstreet Target Price 18.9 28.2%
Analysts Target Price 18.9 28.2%
ValueRay Target Price 14.1 -4%

SERV Fundamental Data Overview January 12, 2026

P/S = 563.467
P/B = 3.8599
Beta = None
Revenue TTM = 1.94m USD
EBIT TTM = -80.7m USD
EBITDA TTM = -77.0m USD
Long Term Debt = 4.15m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.67m USD (from shortTermDebt, last quarter)
Debt = 4.15m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -112.7m USD (from netDebt column, last quarter)
Enterprise Value = 889.4m USD (1.10b + Debt 4.15m - CCE 210.4m)
Interest Coverage Ratio = -8225 (Ebit TTM -80.7m / Interest Expense TTM 9806 )
EV/FCF = -10.72x (Enterprise Value 889.4m / FCF TTM -83.0m)
FCF Yield = -9.33% (FCF TTM -83.0m / Enterprise Value 889.4m)
FCF Margin = -4266 % (FCF TTM -83.0m / Revenue TTM 1.94m)
Net Margin = -4124 % (Net Income TTM -80.2m / Revenue TTM 1.94m)
Gross Margin = -481.4% ((Revenue TTM 1.94m - Cost of Revenue TTM 11.3m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 2.97 (Enterprise Value 889.4m / Total Assets 299.1m)
Interest Expense / Debt = 0.15% (Interest Expense 6403 / Debt 4.15m)
Taxrate = -0.0% (0.0 / -33.0m)
NOPAT = -80.7m (EBIT -80.7m * (1 - -0.00%)) [loss with tax shield]
Current Ratio = 17.21 (Total Current Assets 219.7m / Total Current Liabilities 12.8m)
Debt / Equity = 0.01 (Debt 4.15m / totalStockholderEquity, last quarter 283.9m)
Debt / EBITDA = 1.46 (negative EBITDA) (Net Debt -112.7m / EBITDA -77.0m)
Debt / FCF = 1.36 (negative FCF - burning cash) (Net Debt -112.7m / FCF TTM -83.0m)
Total Stockholder Equity = 208.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -44.49% (Net Income -80.2m / Total Assets 299.1m)
RoE = -38.52% (Net Income TTM -80.2m / Total Stockholder Equity 208.2m)
RoCE = -37.98% (EBIT -80.7m / Capital Employed (Equity 208.2m + L.T.Debt 4.15m))
RoIC = -38.73% (negative operating profit) (NOPAT -80.7m / Invested Capital 208.2m)
WACC = 15.51% (E(1.10b)/V(1.10b) * Re(15.57%) + D(4.15m)/V(1.10b) * Rd(0.15%) * (1-Tc(-0.0)))
Discount Rate = 15.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 25.81%
Fair Price DCF = unknown (Cash Flow -83.0m)
EPS Correlation: -30.23 | EPS CAGR: -40.04% | SUE: -2.18 | # QB: 0
Revenue Correlation: 83.82 | Revenue CAGR: 174.1% | SUE: -0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.44 | Chg30d=+0.002 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=-1.77 | Chg30d=+0.012 | Revisions Net=+1 | Growth EPS=-37.5% | Growth Revenue=+1107.5%

Additional Sources for SERV Stock

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