Serve Robotics

Serve Robotics plunged 5.3% to $4.64 during regular trading, driven by a cut to its 2026 revenue guidance to $9 million and Uber's surprise sale of its entire stake, souring the partnership. Pre-market weakness at $4.69 led to a lower open and a steady decline to the intraday low of $4.64, well below the pre-market high of $4.90. Q2 revenue of $3.24 million rose 404% YoY but missed expectations, while net loss widened to $64.13 million with EPS of -$0.80. The stock sits 75% below its 52-week high of $18.64 and trades below both the 20-day MA of $5.02 and 60-day MA of $6.30, with a YTD decline of 61%. However, the company expanded its partnership with Grubhub and plans to deploy 2,000 robots, alongside new market launches and products, signaling ongoing operational progress.

Serve Robotics closed at $5.17 in regular trading on the Nasdaq Capital Market, up 3.6% from the prior close of $4.99, yet remains 72.3% below the 52-week high of $18.64 and below the 60-day moving average of $6.37. The stock experienced intraday volatility, climbing to a pre-market high of $5.50 before retreating to session lows. The price action was driven by news of an expanded partnership with Grubhub, new market launches, and product updates including Beacon and Moxi 2.0, offset by a Q2 revenue miss of $3.24 million (up 404% YoY), a net loss widening to $64.13 million, and a full-year guidance cut citing lower Uber Eats volume, following Uber's surprise stake sale. Despite the headwinds, the company continues its robot delivery collaboration with Wonder.

Serve Robotics dropped sharply during regular trading, as Q2 revenue of $3.238M, though up 404% YoY, missed estimates and the company slashed full-year guidance citing lower Uber Eats volume. The stock opened at $4.93 in pre-market and fell to an intraday low of $4.695, down 4.2% from the prior close of $4.92. The net loss widened to $64.13M with an EPS of -$0.80, and the price has broken below both the MA20 ($5.134) and MA60 ($6.584), with a YTD decline of 60% and 74.7% off the 52-week high of $18.64. However, the stock recovered to $4.92 in post-market trading, suggesting some short-term speculative interest.

Serve Robotics staged a low-open rally during regular trading on August 7, reaching $4.927 by 09:33 ET, rebounding roughly 6% from its pre-market low of $4.650 after earlier spiking to $5.180. The catalyst was the Q2 earnings miss: revenue of $3.238 million, up 404% YoY, fell short of consensus, and full-year guidance was slashed due to lower Uber Eats volume. Net loss widened to $64.127 million, or -$0.80 per share. The stock now sits 73.6% below its 52-week high of $18.64 and down 58.4% YTD, though up 14% from its 52-week low of $4.32, and still below both the 20-day MA ($5.224) and 60-day MA ($6.71). Post-market trading edged up to $4.95, offering a tentative floor.

Serve Robotics rose 5.0% to close the regular session at $5.02, driven by a pre-market high of $5.044 and a strong open, ahead of its Q2 earnings report due on August 6. The move comes as Q1 revenue surged 578.18% YoY to $2.984 million, though net loss widened 270.76% to $49.004 million, underlining ongoing profitability challenges. Despite the day's gain, the stock remains 73.07% below its 52-week high of $18.64, trades below both the 20-day ($5.29) and 60-day ($6.93) moving averages, and is down 57.57% year-to-date, with a PB of just 1.2x. However, the post-market pullback to $4.725 suggests lingering caution ahead of the earnings release.