Serve Robotics downgraded by Seaport Research Partners
$SERV
Industrial Specialties
Consumer Discretionary
Seaport Research Partners downgraded Serve Robotics from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/27/2025 | $15.00 | Outperform | Wedbush |
| 8/12/2025 | Buy → Neutral | Seaport Research Partners | |
| 5/22/2025 | $17.00 | Overweight | Cantor Fitzgerald |
| 10/28/2024 | $16.00 | Buy | Ladenburg Thalmann |
| 10/18/2024 | $16.00 | Outperform | Northland Capital |
| 10/7/2024 | $12.00 | Buy | Seaport Research Partners |
Wedbush initiated coverage of Serve Robotics with a rating of Outperform and set a new price target of $15.00
Seaport Research Partners downgraded Serve Robotics from Buy to Neutral
Cantor Fitzgerald initiated coverage of Serve Robotics with a rating of Overweight and set a new price target of $17.00
SAN FRANCISCO, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 6,250,000 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $100.0 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about October 14, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use net proceeds from the offe
SAN FRANCISCO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- DoorDash (NASDAQ:DASH), a leading local commerce platform globally, and Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced a new multi-year strategic partnership to roll out autonomous robot deliveries across the U.S. Los Angeles residents ordering through the DoorDash app from participating merchants may have their order delivered by a Serve robot. The partnership will expand the potential volume of orders available to Serve for delivery. This partnership reflects DoorDash's broader multi-modal delivery platform strategy, which integrates Dashers, drones, and autonomous robots to meet incr
SAN FRANCISCO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the deployment of its 1,000th third generation robot. Over 380 third generation robots were deployed in September alone, throughout communities across the country. Serve remains on track to hit its goal of deploying 2,000 robots by the end of 2025. To learn more about Serve Robotics, visit www.serverobotics.com. About Serve RoboticsServe Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has comple
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SAN FRANCISCO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- DoorDash (NASDAQ:DASH), a leading local commerce platform globally, and Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced a new multi-year strategic partnership to roll out autonomous robot deliveries across the U.S. Los Angeles residents ordering through the DoorDash app from participating merchants may have their order delivered by a Serve robot. The partnership will expand the potential volume of orders available to Serve for delivery. This partnership reflects DoorDash's broader multi-modal delivery platform strategy, which integrates Dashers, drones, and autonomous robots to meet incr
Expedites Serve's adoption of end‑to‑end learned autonomy to unlock safer, faster navigationVinod Khosla to join Serve's advisory board SAN FRANCISCO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company ("Serve"), has acquired Vayu Robotics, Inc. ("Vayu"), a pioneer in urban robot navigation using large-scale AI models. The strategic acquisition marks a milestone in Serve's mission to redefine the future of autonomous delivery. As "physical AI" gains unprecedented momentum, acquiring Vayu positions Serve at the forefront of this paradigm shift in the robotics industry. Serve's delivery robots have set the
SAN FRANCISCO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (NASDAQ:SERV), a leading autonomous sidewalk delivery company, and Little Caesars, the nation's third-largest pizza chain, today announced a partnership to deliver the brand's iconic HOT-N-READY® pizza with Serve's autonomous delivery robots via Uber Eats (NYSE:UBER). Little Caesars customers in Serve's Los Angeles delivery area may now receive their orders via autonomous sidewalk robots. The partnership expands Serve's presence on Uber Eats—which already offers Serve's robotic deliveries in Los Angeles, Miami, Dallas and Atlanta—with additional U.S. cities coming soon. "Delivering for a beloved national chain like Litt
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SC 13G - Serve Robotics Inc. /DE/ (0001832483) (Subject)
Delivery Volume growth of nearly 80% quarter over quarterLaunched Atlanta market and announced Chicago launch in the coming weeksSecond quarter revenue of $642 thousand, a 46% increase versus Q1 2025Maintained a strong liquidity position of $183 million SAN FRANCISCO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the second quarter ended June 30, 2025. "Serve is building the world ahead, where autonomous last mile transportation is ubiquitous and foundational," said Dr. Ali Kashani, Serve's Co-founder and CEO. "This quarter marked a major ste
SAN FRANCISCO, July 30, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 second quarter financial results on Thursday, August 7, 2025 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Company management will host a conference call at 2 p.m. PT / 5 p.m. ET. A live audio webcast will be available at investors.serverobotics.com and a replay will be available at the same location. Analysts and investors who wish to submit questions to management may send an email to investor.relat
Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiencyContinued geographic expansion into Miami and Dallas metros; Atlanta launch on trackFirst quarter revenue of $440 thousand, a 150% increase versus Q4 2024Unlocking the value of Serve's software and data platform; recurring revenue generation expected in Q2Strengthened balance sheet with $91.5 million in new capital, ending the quarter with a record $198 million cash position SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced financial results for the first quarte