Serve Robotics Inc (SERV)

Serve Robotics' stock has experienced volatility, falling nearly 47% over the past six months. As of October 21, 2025, the stock price was $14.22, up 3.42% over the past 30 days and 39.82% over the past 12 months. Key events include the Q2 2025 financial results reporting, which led to a stock downgrade by Seaport Global Securities, Vinod Khosla joining the advisory board, a $100 million registered direct offering of common stock, the announcement of the Q3 2025 financial results reporting date, and ongoing fleet expansion.

Explicit information regarding the seasonality of demand for Serve Robotics' products and services is not detailed. However, the company operates in a rapidly growing global autonomous delivery market, projected to exceed $100 billion by 2032. There is a growing market demand for on-demand delivery services, and cities are actively seeking low-emission alternatives to traditional delivery methods, creating favorable conditions for Serve Robotics' expansion.

Serve Robotics operates in the Computers and Technology sector, focusing on IT Services, Specialty Industrial Machinery, Robotics and Drones, and AI & Machine Learning. The company designs, develops, and operates self-driving delivery robots for public spaces, primarily for food delivery. Its main product is a zero-emission robot for urban environments, transporting goods like groceries and retail purchases. Serve Robotics generates revenue through branding and anticipates future revenue from technology licensing and data sources.

Headquartered in Redwood City, California, Serve Robotics operates in Los Angeles, delivering for restaurants on Uber Eats. The company is expanding, having launched in Koreatown, Los Angeles, and Chicago, with plans for Atlanta. Serve Robotics has an agreement with Uber to deploy up to 2,000 robots across U.S. markets by the end of 2025 and has initiated a pilot program in Doha.

Serve Robotics has cultivated a positive brand reputation, marked by strategic partnerships and industry recognition. The company has completed over 100,000 deliveries for enterprise partners such as Uber Eats and 7-Eleven. In October 2025, Serve Robotics was named to Fast Company's Next Big Things in Tech List. The company's robots contribute to making cities safer and more efficient and cities have generally been receptive and collaborative with Serve Robotics' deployment efforts.

Major institutional owners of Serve Robotics, Inc. include Uber Technologies, which holds 4,749,000 shares representing 7.94% ownership, and Vanguard Total Stock Market Index Fund Investor Shares, holding 1,639,000 shares representing 2.74% ownership.