SERV

Serve Robotics Inc

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Advanced Chart

10.420

+0.04(0.385%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

10.430

Open

10.070

VWAP

10.07

Vol

5.38M

Mkt Cap

623.97M

Low

9.760

Amount

54.12M

EV/EBITDA(TTM)

Total Shares

59.88M

438.24M

EV/OCF(TTM)

P/S(TTM)

353.02

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.

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Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

1.82M

+721.63%

3.91M

+2124.8%

6.92M

+1471.92%

Estimates Revision

The market is revising No Change the revenue expectations for Serve Robotics Inc. (SERV) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 17.08%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+17.08%

In Past 3 Month

2 Analyst Rating

91.94% Upside

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 17.00 USD and a high forecast of 23.00 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.

2 Buy

0 Hold

0 Sell

Moderate Buy

91.94% Upside

Current: 10.420

Low

17.00

Averages

20.00

High

23.00

91.94% Upside

Current: 10.420

Low

17.00

Averages

20.00

High

23.00

Cantor Fitzgerald

Andres Sheppard

Overweight

initiated

$17

2025-05-23

Reason

Cantor Fitzgerald

Andres Sheppard

Price Target

$17

2025-05-23

initiated

Overweight

Reason

Cantor Fitzgerald analyst Andres Sheppard yesterday morning initiated coverage of Serve Robotics with an Overweight rating and $17 price target. Serve manufactures autonomous, artificial intelligence-powered robots that deliver food in urban cities, the analyst tells investors in a research note. The firm believes the company benefits from "compelling" unit economics, material partnerships for scale and expansion, and multiple applications that increase its total addressable market. Cantor expects Serve to price its long-term per delivery fee more competitively than the average courier costs and for the company's robots to have a breakeven period of less than two years, thereby yielding compelling unit economics.

Cantor Fitzgerald

initiated

$17

2025-05-22

Reason

Cantor Fitzgerald

Price Target

$17

2025-05-22

initiated

Reason

Cantor Fitzgerald initiated coverage of Serve Robotics with an Overweight rating and $17 price target.

Northland Capital Markets

Michael Latimore

Buy

Maintains

$16 → $23

2025-01-15

Reason

Northland Capital Markets

Michael Latimore

Price Target

$16 → $23

2025-01-15

Maintains

Buy

Reason

Serve Robotics has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,210,525 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $80M, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about January 7, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use net proceeds from the offering for general corporate purposes, including working capital. Northland Capital Markets is acting as the exclusive placement agent for the transaction.

Ladenburg Thalmann

Glenn Mattson

Strong Buy

Initiates

$16

2024-10-28

Reason

Ladenburg Thalmann

Glenn Mattson

Price Target

$16

2024-10-28

Initiates

Strong Buy

Reason

Ladenburg initiated coverage of Serve Robotics with a Buy rating and $16 price target.

Northland Capital Markets

Michael Latimore

Buy

Initiates

$16

2024-10-18

Reason

Northland Capital Markets

Michael Latimore

Price Target

$16

2024-10-18

Initiates

Buy

Reason

Seaport Global

Aaron Kessler

Strong Buy

Initiates

$12

2024-10-07

Reason

Seaport Global

Aaron Kessler

Price Target

$12

2024-10-07

Initiates

Strong Buy

Reason

See All Ratings

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Valuation Metrics

The current forward P/E ratio for Serve Robotics Inc (SERV.O) is -8.08, compared to its 5-year average forward P/E of -11.02. For a more detailed relative valuation and DCF analysis to assess Serve Robotics Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-11.02

Current PE

-8.08

Overvalued PE

-4.65

Undervalued PE

-17.40

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-13.37

Current EV/EBITDA

-9.73

Overvalued EV/EBITDA

-4.72

Undervalued EV/EBITDA

-22.03

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

61.58

Current PS

37.93

Overvalued PS

101.50

Undervalued PS

21.66