Serve Robotics Inc. saw a significant price drop of 9.40% as it crossed below its 5-day SMA amid a broader market decline, with the Nasdaq-100 down 1.81% and the S&P 500 down 1.75%.
The company recently announced a partnership with Uber Eats to deploy 2,000 delivery robots, tapping into a projected $450 billion market for robotic and drone delivery by 2030. This strategic move aims to enhance delivery efficiency and reduce costs to just $1 per order, significantly below current human-driven solutions. However, despite the promising market potential, Serve faces substantial financial challenges, with operating expenses reaching $63.7 million in the first three quarters of 2025, raising concerns about future profitability.
The implications of this partnership could be significant for Serve Robotics, positioning it as a leader in automated delivery solutions. However, the company must address its financial hurdles to ensure sustainable growth and profitability in the competitive last-mile logistics sector.
Wall Street analysts forecast SERV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SERV is 20.00 USD with a low forecast of 15.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast SERV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SERV is 20.00 USD with a low forecast of 15.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 14.835
Low
15.00
Averages
20.00
High
26.00
Current: 14.835
Low
15.00
Averages
20.00
High
26.00
JPMorgan
Tomohiko Sano
Overweight
initiated
$110
Al Analysis
2026-01-16
New
Reason
JPMorgan
Tomohiko Sano
Price Target
$110
Al Analysis
2026-01-16
New
initiated
Overweight
Reason
JPMorgan analyst Tomohiko Sano initiated coverage of Service Corp. with an Overweight rating and $110 price target. Following the firm's recent site visit to headquarters and Memorial Oaks in Houston, JPMorgan is reaffirming Service Corp's leadership in a fragmented industry, driven by unmatched scale, a robust preneed backlog, and disciplined M&A, the analyst tells investors in a research note. Key catalysts for the stock include the aging Baby Boomer generation, demographic tailwinds, margin expansion, and resilient cash flow, the firm added.
Northland
Michael Latimore
Outperform
maintain
$26
2026-01-02
Reason
Northland
Michael Latimore
Price Target
$26
2026-01-02
maintain
Outperform
Reason
Northland analyst Michael Latimore named Serve Robotics as a top pick for 2026, calling it "one of the best investments in physical AI" with "myriad 2026 catalysts." The firm, contends that Serve has "solved one of the most difficult problems in technology," namely that of the virtual driver, sees 150% upside and maintains an Outperform rating and $26 price target on the shares.
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Freedom Capital
Buy
initiated
$16
2025-12-30
Reason
Freedom Capital
Price Target
$16
2025-12-30
initiated
Buy
Reason
Freedom Capital initiated coverage of Serve Robotics with a Buy rating and $16 price target. The firm says Serve is a pioneer in autonomous sidewalk delivery for last-mile logistics. The company is "rapidly scaling" its fleet of electric delivery robots across U.S. cities, the analyst tells investors in a research note. Freedom believes Serve is positioned for "strong growth and eventual profitability."
The Bear Cave
maintain
2025-12-18
Reason
The Bear Cave
Price Target
2025-12-18
maintain
Reason
The Bear Cave issued a cautious report on Serve Robotics, telling investors in a new research note that Serve, which claims to be the "future of sustainable, self-driving delivery" and produces autonomous sidewalk delivery robots for food deliveries, the company is a "well-intentioned experiment" with "poor" economics and a "subpar" solution for last-mile delivery.
About SERV
Serve Robotics, Inc. is engaged in developing next generation robots for last-mile delivery services. The Company designs, develops and operates low-emission robots on its artificial intelligence (AI)-powered robotics mobility platform that serves people in public spaces, starting with food delivery. The Company’s fleet consists of over 100 robots. It has platform-level integrations with Uber Eats, which allows serve robots to provide real-time presence and status updates on those platforms and receive requests to perform deliveries with respect to customer orders placed on those platforms as needed. Its capabilities include automatic emergency braking, vehicle collision avoidance, and fail-safe mechanical braking. It uses AI methodologies to design, train and deploy a host of models on serve robots and these models are used to perform a variety of tasks, including identification of sidewalk surfaces, intersections, traffic signals, obstacles, pedestrians and vehicles, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
