Analyzing Serve Robotics (SERV) & Its Rivals

Serve Robotics (NASDAQ:SERV) is one of 54 publicly-traded companies in the “IT Services” industry, but how does it compare to its peers? We will compare Serve Robotics to similar businesses based on the strength of its dividends, institutional ownership, valuation, analyst recommendations, profitability, risk and earnings.

Analyst Ratings

This is a summary of recent recommendations and price targets for Serve Robotics and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Serve Robotics	0	0	3	3	3.50
Serve Robotics Competitors	297	2344	5017	172	2.65

Serve Robotics currently has a consensus price target of $18.67, suggesting a potential upside of 73.24%. As a group, “IT Services” companies have a potential upside of 16.44%. Given Serve Robotics’ stronger consensus rating and higher probable upside, equities analysts plainly believe Serve Robotics is more favorable than its peers.

Profitability

This table compares Serve Robotics and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Serve Robotics	-3,318.21%	-40.68%	-38.51%
Serve Robotics Competitors	-105.65%	-63.05%	-10.59%

Valuation & Earnings

This table compares Serve Robotics and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Serve Robotics	$1.81 million	-$39.19 million	-10.17
Serve Robotics Competitors	$5.42 billion	$434.18 million	27.65

Serve Robotics’ peers have higher revenue and earnings than Serve Robotics. Serve Robotics is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

62.6% of shares of all “IT Services” companies are held by institutional investors. 5.5% of Serve Robotics shares are held by company insiders. Comparatively, 12.0% of shares of all “IT Services” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

Serve Robotics has a beta of 0.13, suggesting that its stock price is 87% less volatile than the S&P 500. Comparatively, Serve Robotics’ peers have a beta of -7.77, suggesting that their average stock price is 877% less volatile than the S&P 500.

Summary

Serve Robotics peers beat Serve Robotics on 8 of the 13 factors compared.

Serve Robotics Company Profile

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California.