Serve Robotics (NASDAQ:SERV) Lowered to Neutral Rating by Cantor Fitzgerald

Serve Robotics (NASDAQ:SERV) was downgraded by research analysts at Cantor Fitzgerald from an “overweight” rating to a “neutral” rating in a note issued to investors on Friday.

Several other research firms have also recently weighed in on SERV. LADENBURG THALM/SH SH increased their price objective on Serve Robotics from $15.00 to $16.60 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Guggenheim initiated coverage on Serve Robotics in a report on Monday, April 20th. They set a “buy” rating and a $13.00 target price for the company. Freedom Capital lowered Serve Robotics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings upgraded shares of Serve Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Serve Robotics has a consensus rating of “Moderate Buy” and a consensus price target of $17.51.

Serve Robotics Trading Up 0.4%

SERV stock opened at $5.68 on Friday. The firm’s 50-day moving average price is $6.32 and its two-hundred day moving average price is $8.46. Serve Robotics has a 12-month low of $4.32 and a 12-month high of $18.64. The stock has a market capitalization of $439.46 million, a price-to-earnings ratio of -2.83 and a beta of 1.34.

Serve Robotics (NASDAQ:SERV) last posted its earnings results on Thursday, August 6th. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.69) by ($0.11). The firm had revenue of $3.24 million for the quarter, compared to analysts’ expectations of $3.51 million. Serve Robotics had a negative return on equity of 47.31% and a negative net margin of 2,639.98%. Equities analysts predict that Serve Robotics will post -2.67 EPS for the current year.

Insiders Place Their Bets

In other news, COO Touraj Parang sold 4,219 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $7.24, for a total value of $30,545.56. Following the completion of the transaction, the chief operating officer owned 1,298,244 shares in the company, valued at $9,399,286.56. This trade represents a 0.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Ali Kashani sold 15,885 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $7.24, for a total value of $115,007.40. Following the completion of the sale, the chief executive officer directly owned 3,278,091 shares in the company, valued at approximately $23,733,378.84. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 32,200 shares of company stock worth $232,704. Company insiders own 5.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. FNY Investment Advisers LLC bought a new stake in Serve Robotics during the second quarter worth about $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Serve Robotics in the fourth quarter worth about $31,000. Quadrant Capital Group LLC bought a new position in shares of Serve Robotics during the fourth quarter valued at approximately $31,000. EverSource Wealth Advisors LLC increased its stake in shares of Serve Robotics by 299.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock valued at $33,000 after purchasing an additional 2,392 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Serve Robotics by 514.1% during the fourth quarter. CWM LLC now owns 3,439 shares of the company’s stock valued at $36,000 after purchasing an additional 2,879 shares during the last quarter.

Key Serve Robotics News

Here are the key news stories impacting Serve Robotics this week:

• Positive Sentiment: Serve reported Q2 revenue of $3.24 million, up 404% year over year and 9% sequentially. Revenue from DoorDash grew nearly 50% sequentially, while recurring revenue exceeded 50% of total revenue and advertising represented nearly half of food-delivery revenue. Serve Robotics Announces Second Quarter 2026 Results
• Positive Sentiment: The company expanded beyond food delivery through a NoScrubs Laundry partnership, while healthcare operations added two hospitals and extended seven multiyear contracts. These developments support broader use of Serve’s autonomous robot fleet. Serve Robotics Reports Q2 2026 Results with 404% Revenue Growth and Expanded Autonomous Delivery Partnerships
• Positive Sentiment: Serve ended June with $240.4 million in cash and marketable securities and lowered its full-year non-GAAP operating-expense outlook to $140 million-$150 million from $160 million-$170 million, providing financial flexibility.
• Neutral Sentiment: Management continues targeting food, grocery, healthcare and other delivery services, reinforcing the company’s strategy of building a diversified last-mile robotics platform. Serve Robotics is Crashing: Buy the Dip?
• Negative Sentiment: Q2 EPS was a loss of $0.80, worse than the expected $0.69 loss and the year-ago loss of $0.36. Revenue also fell short of the $3.51 million consensus estimate, while net loss widened to $64.1 million. Serve Robotics Inc. Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: Serve cut FY 2026 revenue guidance to $9 million-$10 million, far below the roughly $25.8 million analyst consensus, citing lower-than-expected Uber Eats delivery volumes and removal of projected second-half demand. Serve Robotics Trims 2026 Outlook Amid Strong Growth

About Serve Robotics

Serve Robotics develops and operates autonomous sidewalk delivery robots designed to transform last-mile logistics for restaurants, retailers and grocery brands. By combining proprietary hardware, sensor suites and dispatch software, the company enables on-demand deliveries of food, beverages and consumer goods while minimizing reliance on traditional vehicle fleets.

The core Serve robot integrates four-wheeled mobility, LiDAR and vision cameras with AI-driven navigation algorithms to detect obstacles, traverse urban sidewalks and interact safely with pedestrians.