SERV (Stock) Chart
About

Asset: Stock

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public and commercial spaces for food delivery activity in the United States. It builds self-driving delivery robots. Serve Robotics Inc. was founded in 2017 and is headquartered in Redwood City, California.

Fundamentals
Scroll to Statements
Sector Industrials Industry Specialty Industrial Mac Market Cap 730.49M
Enterprise Value 516.93M Income -101.36M Sales 2.65M
Book/sh 4.70 Cash/sh 3.09 Dividend Yield
Payout 0.00% Employees 370 IPO
P/E Forward P/E -6.02 PEG
P/S 275.55 P/B 2.06 P/C
EV/EBITDA -4.89 EV/Sales 195.00 Quick Ratio 17.67
Current Ratio 18.13 Debt/Eq 1.50 LT Debt/Eq
EPS (ttm) -1.63 EPS next Y -1.60 EPS Growth
Revenue Growth 4.01% Earnings 2026-05-07 ROA -27.44%
ROE -42.02% ROIC Gross Margin 0.00%
Oper. Margin -44.11% Profit Margin 0.00% Shs Outstand 75.69M
Shs Float 62.92M Short Float 24.51% Short Ratio 4.00
Short Interest 52W High 18.64 52W Low 4.66
Beta 3.14 Avg Volume 5.93M Volume 4.14M
Target Price $18.86 Recom Strong_buy Prev Close $9.85
Price $9.65 Change -2.02%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$18.86
Mean price target
2. Current target
$9.62
Latest analyst target
3. DCF / Fair value
$-18.46
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.62
Low
$15.00
High
$26.00
Mean
$18.86

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-17 main Cantor Fitzgerald Overweight → Overweight $16
2026-01-02 reit Northland Capital Markets Outperform → Outperform $26
2025-12-31 init Freedom Capital Markets — → Buy $16
2025-12-18 init Oppenheimer — → Outperform $20
2025-08-27 init Wedbush — → Outperform $15
2025-08-12 down Seaport Global Buy → Neutral
2025-05-22 init Cantor Fitzgerald — → Overweight $17
2025-01-15 main Northland Capital Markets Outperform → Outperform $23
2024-10-28 init Ladenburg Thalmann — → Buy $16
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3567 35028 Sale at price 9.82 per share. ARMENTA ANTHONY Officer 2026-03-13 00:00:00 D
1 203 1973 Sale at price 9.72 per share. READ BRIAN Chief Financial Officer 2026-03-10 00:00:00 D
2 1390 13511 Sale at price 9.72 per share. ABRAHAM EUAN Officer 2026-03-10 00:00:00 D
3 13500 131220 Sale at price 9.72 per share. KASHANI ALI Chief Executive Officer 2026-03-10 00:00:00 D
4 3922 38122 Sale at price 9.72 per share. PARANG TOURAJ President 2026-03-10 00:00:00 D
5 538 5079 Sale at price 9.44 per share. DUNN EVAN General Counsel 2026-03-06 00:00:00 D
6 1268 12185 Sale at price 9.61 per share. READ BRIAN Chief Financial Officer 2026-03-03 00:00:00 D
7 3432 32192 Sale at price 9.38 per share. ARMENTA ANTHONY Officer 2026-02-13 00:00:00 D
8 185 1881 Sale at price 10.17 per share. READ BRIAN Chief Financial Officer 2026-02-11 00:00:00 D
9 1375 13984 Sale at price 10.17 per share. ABRAHAM EUAN Officer 2026-02-11 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems13.68K0.000.000.00
TaxRateForCalcs0.030.000.000.00
NormalizedEBITDA-97.19M-36.70M-14.10M-20.56M
TotalUnusualItems393.00K-222.00K-3.29M-265.74K
TotalUnusualItemsExcludingGoodwill393.00K-222.00K-3.29M-265.74K
NetIncomeFromContinuingOperationNetMinorityInterest-101.36M-39.19M-24.81M-21.86M
ReconciledDepreciation8.21M310.00K1.86M388.14K
ReconciledCostOfRevenue18.03M1.89M1.73M1.15M
EBITDA-96.80M-36.92M-17.39M-20.83M
EBIT-105.01M-37.23M-19.26M-21.22M
NetInterestIncome7.27M-680.00K-2.26M-636.33K
InterestExpense3.00K1.96M2.26M636.33K
InterestIncome7.27M1.28M
NormalizedIncome-101.74M-38.97M-21.52M-21.59M
NetIncomeFromContinuingAndDiscontinuedOperation-101.36M-39.19M-24.81M-21.86M
TotalExpenses115.42M40.10M19.47M21.06M
TotalOperatingIncomeAsReported-112.77M-38.29M-20.73M-20.95M
DilutedAverageShares36.66M36.94M36.94M24.72M
BasicAverageShares36.66M36.94M36.94M24.72M
DilutedEPS-1.07-0.67-0.59-0.88
BasicEPS-1.07-0.67-0.59-0.88
DilutedNIAvailtoComStockholders-101.36M-39.19M-24.81M-21.86M
NetIncomeCommonStockholders-101.36M-39.19M-24.81M-21.86M
NetIncome-101.36M-39.19M-24.81M-21.86M
NetIncomeIncludingNoncontrollingInterests-101.36M-39.19M-24.81M-21.86M
NetIncomeContinuousOperations-101.36M-39.19M-24.81M-21.86M
TaxProvision-3.66M0.000.000.00
PretaxIncome-105.02M-39.19M-24.81M-21.86M
OtherIncomeExpense484.00K-222.00K-3.29M-265.74K
OtherNonOperatingIncomeExpenses91.00K
SpecialIncomeCharges0.00-1.47M0.00
ImpairmentOfCapitalAssets0.001.47M0.00
GainOnSaleOfSecurity393.00K-222.00K-1.82M-265.74K
NetNonOperatingInterestIncomeExpense7.27M-680.00K-2.26M-636.33K
TotalOtherFinanceCost680.55K2.26M
InterestExpenseNonOperating3.00K1.96M2.26M636.33K
InterestIncomeNonOperating7.27M1.28M
OperatingIncome-112.77M-38.29M-19.26M-20.95M
OperatingExpense97.39M38.21M17.74M19.91M
OtherOperatingExpenses12.10M3.29M2.56M2.04M
ResearchAndDevelopment45.27M24.25M9.95M13.57M
SellingGeneralAndAdministration40.02M10.67M5.22M4.31M
SellingAndMarketingExpense2.90M577.00K605.21K525.49K
GeneralAndAdministrativeExpense37.12M10.09M4.62M3.79M
OtherGandA37.12M10.09M4.62M3.79M
GrossProfit-15.38M-75.00K-1.52M-1.04M
CostOfRevenue18.03M1.89M1.73M1.15M
TotalRevenue2.65M1.81M207.54K107.82K
OperatingRevenue2.65M1.81M207.54K107.82K
Line Item2025-12-312024-12-31
TreasurySharesNumber46.83K108.01K
OrdinarySharesNumber74.73M51.29M36.94M36.94M
ShareIssued74.78M51.40M36.94M36.94M
NetDebt1.29M
TotalDebt5.25M2.34M4.37M7.48M
TangibleBookValue303.90M131.68M-4.03M-12.45M
InvestedCapital350.74M131.68M-2.73M-10.24M
WorkingCapital227.78M118.44M-4.78M-457.99K
NetTangibleAssets303.90M131.68M-4.03M-12.45M
CapitalLeaseObligations5.25M2.34M3.07M5.27M
CommonStockEquity350.74M131.68M-4.03M-12.45M
PreferredStockEquity798.00772.00
TotalCapitalization350.74M131.68M-3.80M-11.24M
TotalEquityGrossMinorityInterest350.74M131.68M-4.03M-12.45M
StockholdersEquity350.74M131.68M-4.03M-12.45M
OtherEquityInterest-169.62K-165.72K
GainsLossesNotAffectingRetainedEarnings138.00K0.00
OtherEquityAdjustments138.00K
RetainedEarnings-208.89M-107.53M-68.33M-43.52M
AdditionalPaidInCapital559.49M239.20M64.47M31.23M
CapitalStock7.00K5.00K2.45K1.48K
CommonStock7.00K5.00K2.45K683.00
PreferredStock0.000.000.00798.00
TotalLiabilitiesNetMinorityInterest17.01M7.92M6.84M21.00M
TotalNonCurrentLiabilitiesNetMinorityInterest3.71M1.11M600.73K17.10M
OtherNonCurrentLiabilities158.62K162.75K
DerivativeProductLiabilities0.0013.15M0.00
NonCurrentDeferredLiabilities255.00K0.00
NonCurrentDeferredTaxesLiabilities255.00K0.00
LongTermDebtAndCapitalLeaseObligation3.45M1.11M442.11K3.79M
LongTermCapitalLeaseObligation3.45M1.11M211.18K2.57M
LongTermDebt230.93K1.21M
CurrentLiabilities13.30M6.81M6.24M3.90M
CurrentDeferredLiabilities2.00K20.00K0.00
CurrentDeferredRevenue2.00K20.00K0.00
CurrentDebtAndCapitalLeaseObligation1.80M1.23M3.93M3.70M
CurrentCapitalLeaseObligation1.80M1.23M2.86M2.70M
CurrentDebt1.07M1.00M
OtherCurrentBorrowings1.00M1.00M
CurrentNotesPayable0.0070.00K0.00
PayablesAndAccruedExpenses11.50M5.56M2.31M199.47K
CurrentAccruedExpenses6.48M655.00K255.85K37.43K
Payables5.01M4.90M2.05M162.03K
AccountsPayable5.01M4.90M2.05M162.03K
TotalAssets367.75M139.60M2.80M8.54M
TotalNonCurrentAssets126.68M14.35M1.34M5.11M
OtherNonCurrentAssets1.11M578.00K
NonCurrentPrepaidAssets578.24K512.66K512.66K96.65K
InvestmentsAndAdvances26.34M0.00
InvestmentinFinancialAssets26.34M0.00
AvailableForSaleSecurities26.34M
GoodwillAndOtherIntangibleAssets46.84M0.00
OtherIntangibleAssets31.31M
Goodwill15.53M0.00
NetPPE52.38M13.77M830.86K4.59M
AccumulatedDepreciation-6.46M-2.60M-2.29M-430.61K
GrossPPE58.85M16.38M3.13M5.02M
Leases414.00K0.00
ConstructionInProgress3.36M7.83M0.00
OtherProperties54.70M8.22M2.87M4.78M
MachineryFurnitureEquipment375.00K332.00K250.66K245.75K
Properties0.000.00
CurrentAssets241.07M125.25M1.46M3.44M
OtherCurrentAssets77.00K11.16K
PrepaidAssets6.04M1.40M676.97K81.34K
Inventory0.00310.00K774.35K618.26K
Receivables1.55M279.00K2.96K23.70K
OtherReceivables696.00K192.00K
AccountsReceivable851.00K87.00K2.96K23.70K
CashCashEquivalentsAndShortTermInvestments233.41M123.27M6.76K2.72M
OtherShortTermInvestments127.17M0.00
CashAndCashEquivalents106.24M123.27M6.76K2.72M
CashFinancial123.27M6.76K2.72M7.97M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-117.98M-90.49M-15.98M-25.05M
RepaymentOfDebt-186.00K-3.10M-3.91M-628.52K
IssuanceOfDebt0.004.84M4.07M6.96M
IssuanceOfCapitalStock249.50M113.44M10.44M1000.00K
CapitalExpenditure-37.74M-10.25M-4.91K-3.64M
InterestPaidSupplementalData224.00K203.00K507.19K622.73K
IncomeTaxPaidSupplementalData0.000.000.000.00
EndCashPosition106.24M123.27M6.76K2.72M
BeginningCashPosition123.27M7.00K2.72M7.97M
EffectOfExchangeRateChanges1.00K0.00
ChangesInCash-17.03M123.26M-2.71M-5.25M
FinancingCashFlow261.21M155.12M13.27M20.21M
CashFlowFromContinuingFinancingActivities261.21M155.12M13.27M20.21M
NetOtherFinancingCharges48.00K2.67M12.89M7.92M
ProceedsFromStockOptionExercised11.85M39.93M-3.0012.89M
NetPreferredStockIssuance0.001000.00K11.00M
PreferredStockIssuance0.001000.00K11.00M
NetCommonStockIssuance249.50M113.44M10.44M0.00
CommonStockIssuance249.50M113.44M10.44M0.00
NetIssuancePaymentsOfDebt-186.00K1.74M154.89K6.33M
NetShortTermDebtIssuance0.00-1.32M70.00K0.00
ShortTermDebtPayments0.00-1.32M-449.00K0.00
ShortTermDebtIssuance519.00K0.00
NetLongTermDebtIssuance-186.00K3.06M154.89K6.33M
LongTermDebtPayments-186.00K-1.78M-3.91M-628.52K
LongTermDebtIssuance0.004.84M4.07M6.96M
InvestingCashFlow-198.00M-10.32M-4.91K-4.06M
CashFlowFromContinuingInvestingActivities-198.00M-10.32M-4.91K-4.06M
NetOtherInvestingChanges-506.00K-66.00K-416.01K-96.65K
NetInvestmentPurchaseAndSale-152.25M0.00
SaleOfInvestment51.50M0.00
PurchaseOfInvestment-203.75M0.00
NetBusinessPurchaseAndSale-7.50M0.00
PurchaseOfBusiness-7.50M0.00
NetPPEPurchaseAndSale-37.33M-10.25M-4.91K-3.64M
PurchaseOfPPE-37.33M-10.25M-4.91K-3.64M
CapitalExpenditureReported-405.00K0.00
OperatingCashFlow-80.24M-80.24M-15.97M-21.40M
CashFlowFromContinuingOperatingActivities-80.24M-21.54M-15.97M-21.40M
ChangeInWorkingCapital-2.57M884.00K1.34M-410.20K
ChangeInOtherWorkingCapital-18.00K20.00K
ChangeInOtherCurrentLiabilities-1.41M46.00K-49.66K-24.64K
ChangeInOtherCurrentAssets0.0011.16K-11.16K
ChangeInPayablesAndAccruedExpense4.69M1.35M2.12M-136.84K
ChangeInAccruedExpense6.71M477.00K228.02K37.43K
ChangeInPayable-2.02M872.00K1.89M-174.28K
ChangeInAccountPayable-2.02M872.00K1.89M-174.28K
ChangeInPrepaidAssets-4.63M-720.00K-595.63K-81.34K
ChangeInInventory0.00465.00K-156.09K-154.84K
ChangeInReceivables-1.20M-276.00K20.74K-23.70K
ChangesInAccountReceivables-697.00K-84.00K20.74K-23.70K
OtherNonCashItems-57.02M1.81M13.60K
StockBasedCompensation21.25M14.55M544.38K195.06K
AssetImpairmentCharge0.001.47M0.00
AmortizationOfSecurities-1.07M0.00
DeferredTax-4.70M0.00
DeferredIncomeTax-4.70M0.00
DepreciationAmortizationDepletion8.21M310.00K1.86M388.14K
DepreciationAndAmortization8.21M310.00K1.86M388.14K
Depreciation309.71K1.86M388.14K42.47K
OperatingGainsLosses222.00K1.82M265.74K11.04M
GainLossOnInvestmentSecurities222.00K1.82M265.74K11.04M
NetIncomeFromContinuingOperations-101.36M-39.19M-24.81M-21.86M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SERV
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status