Serve Robotics at a Premium Valuation: Should Investors Stay Away?

Key Takeaways Serve Robotics trades at a steep premium valuation even as shares fell 17.6% over the past three months.SERV reported a $33M Q3 GAAP loss and rising cash burn, with share count up after multiple capital raises.Serve deployed 2,000 robots and expanded partnerships to lift utilization and delivery volumes.Serve Robotics Inc. (SERV) is currently trading at a forward 12-month Price/Sales (P/S F12M) ratio of 45.06, reflecting a premium of about 186% compared with the Zacks Computers – IT Services i ...