Serve Robotics Inc. SERV is seeing rising delivery activity as autonomous sidewalk delivery gains wider acceptance across urban markets. Growing usage reflects increasing comfort among restaurants, delivery platforms and consumers with robot-based fulfillment. As cities push for cleaner and more efficient last-mile solutions, higher delivery throughput is becoming a key indicator of whether adoption is moving beyond early testing and toward regular use.
In the third quarter of 2025, delivery performance showed clear momentum. Delivery reliability stayed near 100%, even as delivery volume rose 66% within the quarter. The ability to scale activity while maintaining service consistency supports the view that autonomous delivery has been functioning reliably in live environments. Safety performance also remained intact, reinforcing confidence as operations expand.
Restaurant participation increased alongside higher delivery volumes. In the third quarter of 2025, the company delivered to more than 3,600 restaurants. This marked a 45% sequential increase and a more than ninefold rise from the prior-year period. A broader restaurant base helped drive repeat orders and higher delivery frequency across active markets, pointing to stronger platform engagement.
Fleet expansion also played a role in supporting higher volumes. In the third quarter of 2025, a larger number of deployed robots allowed the company to serve more neighborhoods without compromising reliability. Improved utilization across the fleet enabled more deliveries to be completed per day, reinforcing the link between robot availability and order growth.
Broader industry conditions remain supportive. On-demand food delivery continues to be a routine consumer behavior, while cities favor smaller electric delivery options to reduce congestion and emissions. Against this backdrop, rising delivery volumes suggest Serve Robotics is seeing growing acceptance. While sustained demand will remain the key test, current trends indicate adoption is strengthening as deployment expands.
SERV’s Price Performance, Valuation & Estimates
Shares of Serve Robotics have declined 11.6% in the past three months compared with the industry’s 9.6% fall. In the same time frame, shares of other industry players like Leidos Holdings, Inc. LDOS and BigBear.ai Holdings, Inc. BBAI have declined 5.7% and 16.6%, respectively, while Vertiv Holdings Co VRT has gained 5.1%.
SERV’s Stock Three-Month Price Performance
Image Source: Zacks Investment Research
SERV stock is currently trading at a premium. It is currently trading at a forward 12-month price-to-sales (P/S) multiple of 28.37, well above the industry average of 14.72. Then again, other industry players, such as Vertiv, BigBear.ai and Leidos have P/S ratios of 5.79, 12.07 and 1.34, respectively.
SERV’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Serve Robotics’ 2026 loss per share has widened in the past 60 days.
EPS Trend of SERV Stock
Image Source: Zacks Investment Research
The company is likely to report dismal earnings, with projections indicating a 15% fall in 2026. Conversely, industry players like Vertiv, BigBear.ai and Leidos are likely to witness growth of 29.2%, 72.8% and 5%, respectively, year over year in 2026 earnings.
SERV stock currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>Leidos Holdings, Inc. (LDOS) : Free Stock Analysis Report
Serve Robotics Inc. (SERV) : Free Stock Analysis Report
Vertiv Holdings Co. (VRT) : Free Stock Analysis Report
BigBear.ai Holdings, Inc. (BBAI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
