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Serve Robotics Inc (SERV) AI Stock Analysis
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Serve Robotics Inc
(NASDAQ:SERV)
The score is held down primarily by very weak profitability and substantial cash burn despite strong revenue growth and a low-debt balance sheet. Technicals also weigh heavily given the pronounced downtrend across all major moving averages and negative MACD, even though momentum is oversold. The latest earnings call adds risk via a large 2026 guidance cut and Uber partnership uncertainty, partially offset by strong liquidity, diversification progress, and reduced spending plans.
Serve Robotics Inc (SERV) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $225.44M
- Dividend Yield
- ―
- Average Volume (3M)
- 3.74M
- Price to Earnings (P/E)
- -1.1
- Beta (1Y)
- 2.53
- Revenue Growth
- 426.47%
- EPS Growth
- -114.75%
- Country
- US
- Employees
- 375
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Industrial - Machinery
Serve Robotics Inc Business Overview & Revenue Model
Company Description
Serve Robotics Inc. specializes in the development, deployment, and operation of autonomous, environmentally conscious robots. These advanced robotic systems are designed to provide efficient food delivery services to people in public spaces, exclusi...
Serve Robotics Inc Earnings Call Summary
The call contained important strategic positives—diversified revenue mix, strong DoorDash growth, hospital robotics traction, product and autonomy investments, a 2,000-robot footprint and a strong cash position—but these were overshadowed by a material near-term revenue outlook deterioration driven by a reversal in Uber volume and a large guidance cut. Significant operating losses, steep negative gross margin, and the need to reallocate capacity create real near-term challenges even as management outlines credible product and partnership initiatives to address integration and utilization constraints.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Serve materially revised 2026 guidance, cutting full‑year revenue guidance from $26.0M to $9–10M after Q2 revenue of $3.2M (up 9% sequentially from $3.0M and over 400% YoY), while saying revenue should still grow roughly 3.5x year‑over‑year on the revised plan; Q2 software revenue was nearly $1M and recurring revenue exceeded 50% of total. Management blamed lower robot utilization in the Uber partnership and is reallocating capacity to higher‑utilization channels (DoorDash grew nearly 50% sequentially and ~50% between June and July), new marketplace partners, merchant products and hospital robotics. Key financials: gross loss ~$8.8M (gross margin −271%); GAAP operating expenses $57.3M (non‑GAAP ~$40.4M); GAAP net loss $64M (−$0.80/share) and non‑GAAP net loss $47.1M (−$0.59/share); capex in Q2 ~$1M (plus ~$3.6M tariff refunds). Liquidity and operating scale: >$240M cash and marketable securities, ~2,000 robots in 40+ cities; management cut planned 2026 capex from ≈$25M to $15–17M and lowered 2026 non‑GAAP OpEx guidance from ~$160–170M to ~$140–150M.
Serve Robotics Inc Financial Statement Overview
Summary
Revenue is growing rapidly (TTM ~$7.8M, ~+50%), and the balance sheet shows very low leverage (debt-to-equity ~0.03) with sizable equity. However, profitability and cash generation are the dominant weaknesses: gross profit is deeply negative, losses are extremely large relative to revenue, and cash burn is heavy (TTM operating cash flow about -$181M; free cash flow about -$213M).
Income Statement
12Very NegativeBalance Sheet
62PositiveCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.79M | 2.65M | 1.81M | 207.54K | 107.82K | 0 |
| Gross Profit | -28.83M | -15.38M | -75.16K | -1.52M | -1.04M | -42.47K |
| EBITDA | -165.01M | -96.80M | -38.20M | -17.39M | -20.83M | -21.62M |
| Net Income | -180.43M | -101.36M | -39.19M | -24.81M | -21.86M | -21.67M |
Balance Sheet | ||||||
| Total Assets | 378.62M | 367.75M | 139.60M | 2.80M | 8.54M | 8.66M |
| Cash, Cash Equivalents and Short-Term Investments | 235.41M | 233.41M | 123.27M | 6,756 | 2.72M | 7.97M |
| Total Debt | 9.70M | 5.25M | 2.34M | 4.37M | 7.48M | 0 |
| Total Liabilities | 26.83M | 17.01M | 7.92M | 6.84M | 21.00M | 336.31K |
| Stockholders Equity | 351.79M | 350.74M | 131.68M | -4.03M | -12.45M | 8.32M |
Cash Flow | ||||||
| Free Cash Flow | -170.21M | -117.57M | -31.79M | -15.98M | -25.05M | -10.87M |
| Operating Cash Flow | -139.55M | -80.24M | -21.54M | -15.97M | -21.40M | -10.71M |
| Investing Cash Flow | -143.78M | -198.00M | -10.32M | -4,914 | -4.06M | -258.73K |
| Financing Cash Flow | 245.74M | 261.21M | 155.12M | 13.27M | 20.21M | 18.93M |
Serve Robotics Inc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SERV, the sentiment is Negative. The current price of 2.60 is below the 20-day moving average (MA) of 3.49, below the 50-day MA of 4.18, and below the 200-day MA of 7.26, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 26.78 is Positive, neither overbought nor oversold. The STOCH value of 29.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SERV.
Serve Robotics Inc Risk Analysis
Serve Robotics Inc disclosed 68 risk factors in its most recent earnings report. Serve Robotics Inc reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksServe Robotics Inc Peers Comparison
Overall Rating
GTEC70Outperform
SYM67Neutral
HY50Neutral- SERV43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GTEC | 70Outperform | $17.25M | 1.08 | 15.75% | ― | 25.87% | -0.36% |
| SYM | 67Neutral | $22.94B | 395.93 | 2.21% | ― | 19.98% | ― |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HY | 50Neutral | $510.84M | -4.34 | -25.53% | 5.09% | -11.14% | -614.21% |
| SERV | 43Neutral | $225.44M | -1.06 | -55.34% | ― | 426.47% | -114.75% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SERV | Serve Robotics Inc | 2.60 | -10.31 | -79.86% | |
| HY | Hyster-Yale Materials Handling | 28.49 | -5.64 | -16.53% | |
| GTEC | Greenland Technologies Holding Corporation | 0.65 | -0.41 | -38.68% | |
| SYM | Symbotic Inc. | 37.93 | -43.90 | -53.65% | |
| RR | Richtech Robotics Inc. Class B | 0.94 | -3.50 | -78.72% | |
| MCRP | Micropolis Holding Company | 0.45 | -1.30 | -74.17% |
Serve Robotics Inc Corporate Events
Serve Robotics accelerates autonomous delivery and hospital deployments
PositiveIn early 2026, Serve Robotics reported rapid operational traction in autonomous delivery, highlighting a 20‑fold fleet expansion, deployment across 44 U.S. cities and triple‑digit year‑on‑year revenue growth, with Q2 FY2026 re...
Serve Robotics Expands Autonomous Delivery and Hospital Robots
PositiveServe Robotics Inc., a U.S.-based autonomous sidewalk delivery specialist, has grown its national footprint to eight major markets, supporting more than 4,000 restaurants and expanding into hospital service robots through its Diligent Robotics unit....
Serve Robotics trims 2026 outlook amid strong growth
NegativeServe Robotics Inc., a U.S.-based autonomy and robotics specialist, operates a large fleet of autonomous sidewalk and indoor service robots that support restaurant, grocery and healthcare customers. Since its spin-off from Uber in 2021 and its 2026 a...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 17, 2026