Serve slips on downbeat 2025 revenue forecast
12/11/2025 21:32
** Shares of delivery robot-maker Serve Robotics SERV.O down 2.8% at $10.18 in extended trading ** Serve forecasts over $2.5 mln in 2025 revenue vs analysts' average estimate of $4.14 mln, according to 7 analysts polled by LSEG ** Company says, however, current indications suggest 10 times revenue growth next year ** Reports Q3 revenue of $687,000 vs est. of $691,000 ** Up to last close, stock had fallen ~22% this year (Reporting by Akash Sriram in Bengaluru) ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti))
Recent news on Serve Robotics
See all newsBrief: Serve Robotics Launches Robot Delivery With Wonder, Adding Grubhub To Its Delivery Network
Serve Robotics partners with Grubhub in robot delivery expansion push
Serve Robotics Inc reports results for the quarter ended June 30 - Earnings Summary
Serve Robotics Q2 revenue jumps less than expected; cuts FY outlook citing lower Uber Eats volume
Brief: Serve Robotics - Enters Sales Agreement To Offer Up To $150 Million In Common Stock - SEC Filing