SERV
Serve Robotics Inc.

Serve Robotics Inc.SERV

Industrials · Integrated Freight & Logistics
3.22USD
+38.79%
Nov 08, 2026
SERV overview ready
Operator of Autonomous Sidewalk Delivery Robot Fleets for Local Commerce
Serve is a direct operator of autonomous robot fleets.
Primary theme is lagging
Robotics / Automation is lagging (-6.7pp vs SPY over 21 sessions; 3 of 10 members ahead of SPY).
Price trend is broken
Longer-term context reads new trend, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash it currently generates.
Fundamentals not measured
Primary risk
Regulatory hurdles limiting urban deployment.
Market Nov 6Filing Sep 30Price action Nov 7Research Oct 5

Conviction Level

PriceAction1.4BusinessPerformance—BusinessQuality—Valuation2.2ThemeMomentum1.0A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−6.7pp
Theme return
−11.7%
Beating SPY
3 of 10
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads new trend, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$283.0M
Avg Volume (60D)
3.2M
60 sessions
Revenue Growth YoY
+46.2%
FY2025 vs FY2024
Gross Margin
-322.1%
Trailing twelve months
Free Cash Flow Yield
-62.7%
Distance from 200DMA
-53.9%
P/E
N/M
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthNot enough data
$2.8M
$2.8M in Q3 FY2026 · no comparable year-ago quarter
Not enough comparable quarters for a YoY sequence.
Earnings growthLoss widening
-$0.68
Diluted EPS -$0.68 vs -$0.54 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginNot enough data
—
No year-ago comparison · gross margin -266.5%

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
Serve Robotics Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash it currently generates.

What changed

  • SERV rose 38.8% in one session
    SERV closed +38.8% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Serve is a direct operator of autonomous robot fleets. It designs and operates sidewalk delivery robots for local commerce through delivery-platform and merchant integrations, and following its 2026 Diligent Robotics acquisition also operates indoor autonomous service robots in healthcare settings.
Opportunity
Moderate opportunity
Commercial deployment of autonomous robots and related operating networks to automate short-distance food, retail, and local-commerce fulfillment, where delivery-platform integrations, fleet utilization, safety operations, and urban regulatory access determine adoption.
Key risk
Regulatory hurdles limiting urban deployment.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Integrated Freight & Logistics
What they do

Serve Robotics designs, develops, and operates autonomous, low-emission delivery robots primarily for food delivery in public and commercial spaces across the United States.

How it earns

The company generates revenue through transactional fees and service contracts related to operating its autonomous delivery robot fleets and integrations with delivery platforms and merchants.

Products & services
Sidewalk autonomous delivery robots
Indoor autonomous service robots (post-2026 acquisition)
Customers & end markets
Food delivery platforms
Local commerce merchants
Healthcare facilities (via indoor robotics)
Market position

Niche operator specializing in autonomous sidewalk delivery robots with expanding capabilities through strategic acquisitions.

Demand drivers
Low cyclicality

Demand for last-mile delivery automation is driven by structural shifts in e-commerce and urban logistics rather than economic cycles.