Serve Robotics Stock Soars 33% as Analysts Bet on 66% Upside
Shares of Serve Robotics have surged this week, climbing 33% in value. The jump follows a major price target increase from analysts, who now predict a 66% upside over the next 12 months. Investor confidence appears to be growing as the company’s revenue forecasts rise sharply.
The stock boost comes after Northland Securities raised its target price for Serve Robotics to $26 per share. This suggests strong potential growth, even as the company currently trades at 40 times its projected 2026 sales.
Revenue is expected to jump from $2.5 million in 2025 to $25 million in 2026. Such rapid expansion has caught the attention of major figures in tech, including Nvidia CEO Jensen Huang. During his CES 2026 keynote, Huang highlighted Serve Robotics as a standout in automation and delivery technology. The company’s shares have been picked up by a mix of investors. Early backers like Uber—who became a strategic shareholder after the 2021 spin-off—hold positions alongside institutional and retail buyers. Public filings show that shares were acquired through private placements, registered offerings, and open-market trades, all under standard U.S. securities regulations. Detailed buyer names and lock-up terms remain available only in SEC documents, such as prospectuses and 8-K filings.
Serve Robotics now trades at a high valuation relative to its sales, reflecting investor optimism. With revenue set to increase tenfold and analyst support strengthening, the company’s market position looks increasingly solid. The coming year will reveal whether this growth trajectory holds.