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Valued as a loss-making company: Analyst consensus.
ACCE opinionServe Robotics Inc. Common Stock (SERV)
Fair value
Not available
ACCE price target
$2.50
Rating
Not rated
Horizon
12 months
ACCE price target published on 24 Oct 2026, 03:20 CEST; previously $3.20 since 15 Oct 2026, 00:00 CEST.
Price used: $2.78 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
31
out of 100
Analysts
88% buy
8 covering
P/E
0.0x
forward 0.0x
1-year return
-79.8%
Dividend yield
0.00%
Serve Robotics Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Serve Robotics builds sidewalk delivery robots that carry food and goods for restaurant and retail partners, and it is one of the few listed pure plays on last-mile autonomy. Its edge is early fleet deployment and partner integrations rather than proven unit economics: revenue grew 404% on the latest figures, but the gross margin is -370% and the operating margin is -2,028%, so each delivery currently loses money before any overhead. The thesis rests on whether the robots can reach utilization levels that turn that negative gross margin positive, and the data here does not yet show it. At a $303M market cap with a 31/100 score and no index membership, the name only merits a deeper look if fleet utilization and per-delivery margin data point to a credible path to positive gross margin.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
severe
Cash burn far exceeds revenue
Free cash flow is -$117.6M against a $264M market cap. Operating margin is -2027.9% and gross margin is -370.1%, so the business loses more on each sale than it books.
high
Heavy short interest
Short interest stands at 35.9% of the float, meaning over a third of tradable shares are bet against the stock. Insiders recorded $0.70M in sales and no buys across the last 10 disclosures.
moderate
Score stuck at a low level
The ACCE score is 31/100, unchanged from 90 days ago, with valuation at 10 and margins at 17. Revenue growth of +404.4% year over year has not yet translated into any improvement in profitability.
AI research notes
AI-assisted·How I use AIWritten Oct 21, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Revenue grew 404.4% year over year in the latest quarter, showing the business is scaling fast from a small base.
Seven of eight analysts rate the stock Buy or Strong Buy, and their average target sits far above today's price.
The company carries almost no debt, with debt to equity at 0.01, so it is not stretched by borrowing.
Why it could disappoint
The company burned $118M of free cash over the last twelve months, and that cash loss is the central risk.
Return on equity of -64.5% and a free cash flow yield of -44.5% show the business is destroying value for shareholders.
The diluted share count rose 69.9% last fiscal year, so each shareholder's slice of the company has shrunk.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where SERV's valuation models land
Price
$2.78
Model fair valueConfidence: low
about $12.14
Model
Fair value
Upside
Analyst consensus
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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