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Serve Robotics Inc ( (SERV) ) has issued an update.
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.
Spark’s Take on SERV Stock
According to Spark, TipRanks’ AI Analyst, SERV is a Neutral.
Serve Robotics Inc. has a promising outlook due to strong growth and expansion as highlighted in the earnings call, which is the most significant factor. However, the company’s financial performance remains weak with negative profitability and cash flow challenges, which weigh heavily on the overall score. Technical analysis shows bullish momentum, but valuation concerns persist due to the negative P/E ratio.
To see Spark’s full report on SERV stock, click here.
More about Serve Robotics Inc
Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots aimed at making delivery sustainable and economical. Spun off from Uber in 2021, Serve has completed over 100,000 deliveries for partners like Uber Eats and 7-Eleven, and holds contracts to deploy up to 2,000 robots across multiple U.S. markets.
Average Trading Volume: 8,795,240
Technical Sentiment Signal: Strong Buy
Current Market Cap: $823.1M
For detailed information about SERV stock, go to TipRanks’ Stock Analysis page.