Serve Robotics Surges 13% on Wedbush Outperform Rating as $350M Trading Volume Fuels 52-Week Rally

On August 27, 2025, Serve Robotics (SERV) surged 13.05% with a trading volume of $350 million, marking a significant rebound in its 52-week range. This rally followed Wedbush’s initiation of coverage with an "Outperform" rating and a $15 price target, highlighting the firm’s confidence in SERV’s leadership in automated last-mile delivery and AI integration. The stock’s market capitalization of $715.47 million reflects a price-to-book ratio of 3.33, underscoring its premium valuation relative to revenue. Despite a weak Altman Z-Score of 59.71 and negative free cash flow, the company’s strategic collaboration with Uber and plans to deploy 2,000 robots by 2026 position it to achieve a $60–80 million annualized revenue run rate, potentially validating its current market expectations.

The stock’s volatility is evident in its 52-week high of $24.35 and low of $4.66, with a Price/Sales ratio near its 1-year peak of 415.52. While Wedbush’s analysis emphasizes SERV’s technological edge in AI-driven delivery, the firm’s Piotroski F-Score of 3 and Beneish M-Score of 3.11 signal operational and financial risks. However, the company’s cash-to-debt ratio of 71.2 and strong liquidity suggest resilience. Investors are closely watching progress toward its 2026 robot deployment and revenue targets, which could drive further valuation expansion if met.

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