Serve Robotics Stock Slides 55% YTD: Should You Buy the Dip or Wait?
Serve Robotics (SERV) stock has declined 55.2% year-to-date following a sharp reduction in 2026 revenue guidance to $9-10 million from $26 million, driven by lower-than-expected delivery volumes and uncertainty around its Uber partnership. The company faces profitability challenges with negative gross margins and continued operating losses, though it is pursuing growth opportunities in healthcare robotics, autonomy improvements, and non-food delivery applications. Zacks rates the stock as a Hold pending clearer signs of improved utilization and profitability.