Serve Robotics: The Robots Are Here, The Economics Aren't (Yet)

Kurt Christensen750 FollowersFollow5ShareSavePlay(15min)CommentsSummaryServe Robotics achieved rapid operational deployment, reaching 2,000 robots, but monetization and utilization lag expectations.Revenue growth is significant but below guidance; Q4 and 2026 estimates were revised downward, highlighting a slower-than-anticipated ramp-up in revenues.Profitability remains distant, with operating losses expanding and expenses outpacing revenue growth; dilution risk persists.I maintain a Hold rating as SERV’s business model and market demand remain unproven despite impressive operational milestones. Vanit Janthra/iStock via Getty Images Serve Robotics Inc. (SERV) has outperformed and also underperformed since I reviewed the stock. The company made strong progress in the number of robots launched. Outpacing what I expected the company to achieve. ScalingThis article was written byKurt Christensen750 FollowersFollowI am a graduate in finance. Currently working in international tax. A personal investor.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.