Added to YB: 2024-12-09
Pitch date: 2024-12-05
SERV [bearish]
Serve Robotics Inc.
-24.41%
current return
Author Info
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Company Info
Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States.
Market Cap
$609.0M
Pitch Price
$9.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
-19.49
P/E
-13.02
EV/Sales
333.31
Sector
Hotels, Restaurants and Leisure
Category
N/A
Serve Robotics Inc. - $SERV - Latest Idea
SERV short: Serve Robotics failing to meet 2,000 robot deployment goal (3% of target). Vebu acquisition enriches insiders, history of failed ventures. Uber Eats using competitors. Magna partnership ended. Unrealistic revenue projections, high cash burn. Competitors 90% cheaper. Stock likely to decline significantly.
Read full article (3 min)