Tearsheet

Serve Robotics (SERV)


Market Price (5/25/2026): $8.65 | Market Cap: $651.4 Mil
Sector: Information Technology | Industry: IT Services

Serve Robotics (SERV)


Market Price (5/25/2026): $8.65
Market Cap: $651.4 Mil
Sector: Information Technology
Industry: IT Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 298%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -56%

Megatrend and thematic drivers
Megatrends include Autonomous Technologies, and E-commerce & Digital Retail. Themes include Machine Vision, Machine Learning, Show more.

Weak multi-year price returns
3Y Excs Rtn is -145%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -150 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2879%

Expensive valuation multiples
P/SPrice/Sales ratio is 126x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 476%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2160%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2846%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 28%

Key risks
SERV key risks include [1] an inability to achieve profitability and scale monetization due to a high cash burn rate and underutilization of its robots and [2] high customer concentration, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 298%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -56%
3 Megatrend and thematic drivers
Megatrends include Autonomous Technologies, and E-commerce & Digital Retail. Themes include Machine Vision, Machine Learning, Show more.
4 Weak multi-year price returns
3Y Excs Rtn is -145%
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -150 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2879%
6 Expensive valuation multiples
P/SPrice/Sales ratio is 126x
7 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 476%
8 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2160%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2846%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25%
10 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 28%
11 Key risks
SERV key risks include [1] an inability to achieve profitability and scale monetization due to a high cash burn rate and underutilization of its robots and [2] high customer concentration, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Serve Robotics (SERV) stock has lost about 15% since 1/31/2026 because of the following key factors:

1. Widening Net Losses and Substantial Cash Burn in Q1 2026. Serve Robotics reported a net loss of $49.0 million, or $(0.65) per share, for the first quarter ended March 31, 2026, which significantly widened from a $13.2 million loss in the prior year. This was primarily driven by heavy spending on research and development, operations, and recent acquisitions, resulting in an operating cash outflow of $41.4 million for the quarter.

2. Missed Q1 2026 Earnings Per Share (EPS) Estimates. The company's reported EPS of -$0.65 for Q1 2026 fell short of the consensus analyst estimate of -$0.57 by $0.08.

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Stock Movement Drivers

Fundamental Drivers

The -16.6% change in SERV stock from 1/31/2026 to 5/24/2026 was primarily driven by a -61.7% change in the company's P/S Multiple.
(LTM values as of)13120265242026Change
Stock Price ($)10.438.70-16.6%
Change Contribution By: 
Total Revenues ($ Mil)25167.1%
P/S Multiple329.0126.1-61.7%
Shares Outstanding (Mil)6175-18.5%
Cumulative Contribution-16.6%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/24/2026
ReturnCorrelation
SERV-16.6% 
Market (SPY)8.1%64.2%
Sector (XLK)25.5%60.2%

Fundamental Drivers

The -34.2% change in SERV stock from 10/31/2025 to 5/24/2026 was primarily driven by a -75.5% change in the company's P/S Multiple.
(LTM values as of)103120255242026Change
Stock Price ($)13.238.70-34.2%
Change Contribution By: 
Total Revenues ($ Mil)15251.0%
P/S Multiple514.1126.1-75.5%
Shares Outstanding (Mil)5875-23.6%
Cumulative Contribution-34.2%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/24/2026
ReturnCorrelation
SERV-34.2% 
Market (SPY)9.9%54.6%
Sector (XLK)20.3%50.8%

Fundamental Drivers

The 41.0% change in SERV stock from 4/30/2025 to 5/24/2026 was primarily driven by a 186.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020255242026Change
Stock Price ($)6.178.7041.0%
Change Contribution By: 
Total Revenues ($ Mil)25186.6%
P/S Multiple159.4126.1-20.9%
Shares Outstanding (Mil)4775-37.8%
Cumulative Contribution41.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/24/2026
ReturnCorrelation
SERV41.0% 
Market (SPY)36.0%52.5%
Sector (XLK)72.8%46.7%

Fundamental Drivers

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Market Drivers

4/30/2023 to 5/24/2026
ReturnCorrelation
SERV  
Market (SPY)86.3%21.3%
Sector (XLK)144.2%20.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SERV Return----46%-23%-15%-65%
Peers Return32%-30%78%6%43%11%177%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
SERV Win Rate---40%58%40% 
Peers Win Rate63%40%57%50%55%48% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
SERV Max Drawdown-----78%-50% 
Peers Max Drawdown-18%-53%-37%-31%-41%-28% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TRMB, ZBRA, TER, ROK, SYM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/22/2026 (YTD)

How Low Can It Go

EventSERVS&P 500
2025 US Tariff Shock
  % Loss-61.6%-18.8%
  % Gain to Breakeven160.5%23.1%
  Time to Breakeven164 days79 days

Compare to TRMB, ZBRA, TER, ROK, SYM

In The Past

Serve Robotics's stock fell -61.6% during the 2025 US Tariff Shock. Such a loss loss requires a 160.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSERVS&P 500
2025 US Tariff Shock
  % Loss-61.6%-18.8%
  % Gain to Breakeven160.5%23.1%
  Time to Breakeven164 days79 days

Compare to TRMB, ZBRA, TER, ROK, SYM

In The Past

Serve Robotics's stock fell -61.6% during the 2025 US Tariff Shock. Such a loss loss requires a 160.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Serve Robotics (SERV)

We are on a mission to deliver a sustainable future by transforming how goods move among people. Serve has developed an advanced, AI-powered robotics mobility platform, with last-mile delivery in cities as its first application. According to the U.S. Bureau of Transportation Statistics in 2017, 45% of car trips in the United States are taken for shopping and errands, and in 2019, FedEx stated that over 60% of merchants’ customers live within three miles of a store location. By eliminating unnecessary car traffic, and by reducing the cost of last-mile transportation, Serve aims to reshape cities into sustainable, safe, and people-friendly environments, with thriving local economies. Serve’s first product is a low-emissions robot that serves people in public spaces, starting with last-mile food delivery. In 2017, our core technology development began with our co-founders and a growing product and engineering team. In 2020, the team launched a fleet of sidewalk delivery robots (hereafter simply referred to as “delivery robots”) in Los Angeles performing contactless deliveries during the COVID-19 pandemic shutdowns. By the end of that year, Serve robots had successfully completed over 10,000 commercial deliveries for Postmates Inc. (“Postmates”) in California, augmenting Postmates’ fleet of human couriers. Postmates was acquired by Uber Technologies, Inc. (“Uber”) in 2020, and in February of 2021, Uber’s leadership team agreed to contribute the intellectual property developed by the team and assets relating to this project to Serve. In return for this contribution and an investment of cash into the Company, Uber acquired a minority equity interest in the business. By the end of the first quarter of 2021, the majority of the team that had worked on this project at Postmates joined Serve as full-time employees. After spinning off from Uber in 2021, Serve established a commercial partnership with Uber, with deliveries starting in January 2022 on a small scale. In May 2022, Uber announced a pilot program with Serve, and by June, it executed a commercial-scale agreement with Serve to deploy up to 2,000 of its robots across the United States. Serve’s current fleet consists of over 100 robots, and we plan to expand our fleet by building and deploying hundreds of new robots in the coming years after raising additional rounds of financing. We have platform-level integrations with the Uber Eats division of Uber and 7-Eleven, Inc. Our strategic investors include NVIDIA, Uber, 7-Ventures and Delivery Hero’s corporate venture units, alongside other world-class investors. Because we started within a food delivery company, our team comes with a depth of expertise in food delivery. Additionally, our engineering team has extensive experience in AI, automation and robotics. Our leadership team includes veterans from Uber, Postmates, Waymo, Apple Inc., Blue Origin, LLC, GoPro, Inc., GoDaddy Inc. and Anki, Inc. We believe our expertise positions us to service the ever-growing on-demand delivery market, including food delivery. Based on our proprietary historical delivery data, approximately half of all food delivery distances in the United States are less than 2.5 miles, making these deliveries well-suited to delivery by sidewalk robots. We provide a robotic delivery experience that can delight customers, improve reliability for merchants and reduce traffic congestion and vehicle emissions. Moreover, at scale with full utilization and high autonomy, we believe our robots have the potential to reduce average delivery cost to under $1.00, lower than delivery cost by human couriers today, making on-demand delivery more affordable and accessible in the areas in which we operate. In fact, according to a 2024 ARK Invest report, by using automation to reduce delivery costs, the potential market for food and parcel delivery by robots and drones may grow to as much as $450 billion globally in 2030. We were incorporated in Delaware as Patricia Acquisition Corp. on November 9, 2020. On July 31, 2023, Serve Acquisition Corp. merged with and into Serve. Following the Merger, Serve was the surviving entity and became our wholly-owned subsidiary. The business of Serve became our business as a result of the Merger. Following the consummation of the Merger, Serve changed its name to “Serve Operating Co.” Immediately after completion of the Merger, we changed our name to “Serve Robotics Inc.” Our principal executive offices are located at 730 Broadway, Redwood City, California 94063.

AI Analysis | Feedback

  • Uber Eats, but with robots handling the deliveries.
  • Think of them as the Waymo or Cruise for delivering goods on sidewalks.

AI Analysis | Feedback

  • Robotic Last-Mile Delivery Service: Operates a fleet of AI-powered sidewalk robots to provide efficient and low-cost last-mile delivery of goods, primarily food, for partner companies.

AI Analysis | Feedback

Serve Robotics (SERV) primarily sells its services to other companies. Its major customers include:

  • Uber Technologies, Inc. (UBER) - Serve Robotics has a commercial partnership and agreement with Uber to deploy its robots, including integrations with the Uber Eats division.
  • 7-Eleven, Inc. - Serve Robotics has platform-level integrations with 7-Eleven, Inc.

AI Analysis | Feedback

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AI Analysis | Feedback

Ali Kashani, Co-founder, CEO

Ali Kashani co-founded Serve Robotics in January 2021 and has served as Chief Executive Officer since. He initially founded what would become Serve Robotics in 2017 as a robotics initiative within Postmates. Following Uber's acquisition of Postmates in 2020, Dr. Kashani led the spinout of Serve as an independent company in 2021. Prior to co-founding Serve, he was Vice President of Postmates Inc.. He also co-founded and served as Chief Technology Officer at Neurio Technology, Inc., a smart home technology company that was acquired by Generac Power Systems. He is an inventor with 15 granted or pending patents.

Brian Read, Chief Financial Officer

Brian Read has served as Serve's Chief Financial Officer since April 2024. He previously served as Controller for Apptronik Inc. from April 2023 to April 2024. Prior to that, he was Global Controller at REE Automotive Ltd. (NASDAQ: REE) from February 2021 to March 2023, and Assistant Global Controller at Coherent Corp (NASDAQ: COHR) from January 2019 to January 2021. Mr. Read began his career at PricewaterhouseCoopers from July 2011 to January 2017. He holds a Bachelor of Science in Business Administration from Duquesne University and is a Certified Public Accountant.

Touraj Parang, President & COO

Touraj Parang has served as Serve's Chief Operating Officer and as a member of the Board since March 2021, and was appointed President in July 2022. Before joining Serve, Mr. Parang was Vice President of Corporate Development at GoDaddy Inc. (NYSE: GDDY). He was the founding Chief Operating Officer of UpCounsel Technologies, Inc., which was acquired by Enduring Ventures, Inc., and co-founder and Chief Operating Officer of Jaxtr, Inc., which was acquired by Sabse Technologies Inc..

Dmitry Demeshchuk, Co-founder & VP of Software

Dmitry Demeshchuk co-founded Serve in January 2021 and has served as Vice President of Software since then. Prior to co-founding Serve, he was a Director at Postmates Inc., where he was a founding engineer in the internal innovation unit Postmates X.

MJ Chun, Co-founder & VP of Product and Design

MJ Chun co-founded Serve in January 2021 and has served as Vice President of Product and Design since. Prior to co-founding Serve, she was a Director at Postmates Inc..

AI Analysis | Feedback

One key risk to Serve Robotics' business is its dependence on raising additional rounds of financing to fund the expansion of its robot fleet. The company explicitly states that it plans to expand its current fleet of over 100 robots by building and deploying hundreds of new robots in the coming years *after* securing further financing.

Another significant risk is the company's reliance on its commercial partnerships, particularly with Uber. Serve has a commercial-scale agreement with Uber to deploy up to 2,000 robots across the United States, making Uber a critical partner for the scaling and widespread adoption of Serve's technology.

A third key risk is the ability to achieve the necessary scale, full utilization, and high autonomy of its robots to reach its projected cost-effectiveness. Serve believes its robots have the potential to reduce average delivery costs to under $1.00, making on-demand delivery more affordable, but this is contingent on achieving these operational efficiencies.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable market for Serve Robotics' main products and services is as follows:

  • The potential market for food and parcel delivery by robots and drones may grow to as much as $450 billion globally in 2030.

AI Analysis | Feedback

Serve Robotics (SERV) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:

  1. Expansion of Robot Fleet and Deployment: Serve Robotics plans to significantly expand its operational capacity by building and deploying hundreds of new robots in the coming years. This increase in the number of active robots directly correlates with a higher volume of deliveries and, consequently, increased revenue.
  2. Scaling Existing Commercial Partnerships: The company has established significant platform-level integrations and commercial agreements, particularly with Uber Eats, including a commercial-scale agreement to deploy up to 2,000 robots across the United States. Further scaling these relationships, along with its partnership with 7-Eleven, Inc., will lead to a substantial increase in delivery volume and revenue.
  3. Geographic Expansion within the United States: The agreement with Uber to deploy robots across the United States indicates a clear strategy for expanding Serve Robotics' operational footprint beyond its current locations. Entering new markets will expose the company to a larger customer base and new revenue streams.
  4. Capturing Increased Market Share by Leveraging Cost Efficiencies in a Growing Market: Serve Robotics aims to reduce the average delivery cost to under $1.00 through full utilization and high autonomy, making on-demand delivery more affordable. This cost advantage, combined with the projected growth of the global food and parcel delivery market to as much as $450 billion by 2030, positions Serve to capture a larger share of the expanding on-demand delivery market.

AI Analysis | Feedback

Inbound Investments

  • In February 2021, Uber invested cash into Serve Robotics and contributed intellectual property, in return for acquiring a minority equity interest in the business.
  • Serve Robotics’ strategic investors include NVIDIA, Uber, 7-Ventures, and Delivery Hero’s corporate venture units.

Capital Expenditures

  • Serve Robotics plans to expand its current fleet of over 100 robots by building and deploying hundreds of new robots in the coming years, after raising additional rounds of financing.

Trade Ideas

Select ideas related to SERV.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PLTR_4302026_Monopoly_xInd_xCD_Getting_Cheaper04302026PLTRPalantir TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
ADSK_4102026_Dip_Buyer_FCFYield04102026ADSKAutodeskDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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BSY_4102026_Dip_Buyer_FCFYield04102026BSYBentley SystemsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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ENPH_4102026_Dip_Buyer_ValueBuy04102026ENPHEnphase EnergyDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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BL_4102026_Dip_Buyer_High_CFO_Margins_ExInd_DE04102026BLBlackLineDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
3.2%3.2%-3.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SERVTRMBZBRATERROKSYMMedian
NameServe Ro.Trimble Zebra Te.Teradyne Rockwell.Symbotic  
Mkt Price8.7056.34255.55358.44452.2954.03155.94
Mkt Cap0.713.212.556.150.76.812.9
Rev LTM53,6875,5833,7878,8042,5173,737
Op Inc LTM-1506568261,0301,669-20741
FCF LTM-1484808365531,339749651
FCF 3Y Avg-684936505241,152394509
CFO LTM-1125059157781,535845812
CFO 3Y Avg-525277267261,361453626

Growth & Margins

SERVTRMBZBRATERROKSYMMedian
NameServe Ro.Trimble Zebra Te.Teradyne Rockwell.Symbotic  
Rev Chg LTM297.8%3.2%9.2%30.3%10.5%21.5%16.0%
Rev Chg 3Y Avg-1.0%0.8%9.2%2.2%42.3%2.2%
Rev Chg Q578.2%11.8%14.3%87.0%11.9%23.1%18.7%
QoQ Delta Rev Chg LTM96.0%2.8%3.5%18.7%2.8%5.3%4.4%
Op Inc Chg LTM-228.1%41.8%4.2%70.1%43.1%71.3%42.5%
Op Inc Chg 3Y Avg-10.2%3.7%19.2%5.5%49.0%10.2%
Op Mgn LTM-2,878.6%17.8%14.8%27.2%19.0%-0.8%16.3%
Op Mgn 3Y Avg-2,803.5%14.3%14.1%22.4%16.9%-5.6%14.2%
QoQ Delta Op Mgn LTM1,375.2%0.8%-0.0%5.6%0.9%1.2%1.0%
CFO/Rev LTM-2,159.7%13.7%16.4%20.5%17.4%33.6%16.9%
CFO/Rev 3Y Avg-1,896.0%14.2%13.9%23.5%15.9%20.1%15.0%
FCF/Rev LTM-2,846.3%13.0%15.0%14.6%15.2%29.7%14.8%
FCF/Rev 3Y Avg-2,476.3%13.3%12.4%17.0%13.4%17.4%13.4%

Valuation

SERVTRMBZBRATERROKSYMMedian
NameServe Ro.Trimble Zebra Te.Teradyne Rockwell.Symbotic  
Mkt Cap0.713.212.556.150.76.812.9
P/S126.13.62.214.85.82.74.7
P/Op Inc-4.420.115.254.430.4-336.717.6
P/EBIT-4.620.918.355.638.0-336.719.6
P/E-4.829.030.065.646.6-1,366.129.5
P/CFO-5.826.113.772.133.08.019.9
Total Yield-20.9%3.5%3.3%1.7%3.3%-0.1%2.5%
Dividend Yield0.0%0.0%0.0%0.1%1.2%0.0%0.0%
FCF Yield 3Y Avg-16.3%3.1%5.3%2.7%3.4%9.8%3.3%
D/E0.00.10.20.00.10.00.0
Net D/E-0.30.10.2-0.00.1-0.30.0

Returns

SERVTRMBZBRATERROKSYMMedian
NameServe Ro.Trimble Zebra Te.Teradyne Rockwell.Symbotic  
1M Rtn-5.6%-16.3%12.2%-14.2%13.1%-9.0%-7.3%
3M Rtn-8.3%-16.7%0.1%10.4%14.2%0.4%0.2%
6M Rtn0.5%-26.9%6.1%125.9%20.2%0.7%3.4%
12M Rtn-23.3%-20.1%-10.1%366.8%50.1%87.9%20.0%
3Y Rtn-65.2%21.4%-1.6%272.7%73.9%52.9%37.2%
1M Excs Rtn-11.8%-21.1%7.5%-15.7%5.8%-18.7%-13.8%
3M Excs Rtn-15.1%-23.2%1.2%3.3%7.7%-9.9%-4.4%
6M Excs Rtn-16.0%-38.1%-1.9%100.9%9.7%-12.4%-7.1%
12M Excs Rtn-37.2%-48.2%-39.1%327.8%24.1%74.2%-6.6%
3Y Excs Rtn-144.9%-62.6%-85.6%202.7%-6.6%12.3%-34.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024
Software services1 
Fleet services1 
Single Segment 0
Total20


Price Behavior

Price Behavior
Market Price$8.70 
Market Cap ($ Bil)0.6 
First Trading Date03/07/2024 
Distance from 52W High-50.8% 
   50 Days200 Days
DMA Price$8.96$10.89
DMA Trenddowndown
Distance from DMA-2.9%-20.1%
 3M1YR
Volatility68.6%89.5%
Downside Capture376.28469.65
Upside Capture235.81296.98
Correlation (SPY)63.6%51.9%
SERV Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta2.652.963.433.614.090.28
Up Beta2.773.014.012.863.81-0.26
Down Beta11.624.192.974.194.721.40
Up Capture202%256%330%500%1563%1856%
Bmk +ve Days15223166141428
Stock +ve Days12202957118251
Down Capture96%268%304%258%206%113%
Bmk -ve Days4183056108321
Stock -ve Days10233567131280

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SERV
SERV-4.3%92.4%0.35-
Sector ETF (XLK)58.5%20.5%2.1345.5%
Equity (SPY)29.5%12.0%1.8650.3%
Gold (GLD)35.5%26.8%1.119.1%
Commodities (DBC)42.9%18.7%1.77-7.3%
Real Estate (VNQ)15.2%13.1%0.8218.0%
Bitcoin (BTCUSD)-31.3%41.8%-0.7842.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SERV
SERV-20.2%193.2%0.55-
Sector ETF (XLK)22.7%24.8%0.8020.0%
Equity (SPY)14.0%17.0%0.6421.3%
Gold (GLD)18.8%18.0%0.850.2%
Commodities (DBC)10.4%19.4%0.42-1.8%
Real Estate (VNQ)3.8%18.8%0.1010.2%
Bitcoin (BTCUSD)11.6%55.3%0.4117.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SERV
SERV-10.7%193.2%0.55-
Sector ETF (XLK)25.3%24.4%0.9320.0%
Equity (SPY)15.7%17.9%0.7521.3%
Gold (GLD)13.0%16.0%0.670.2%
Commodities (DBC)7.8%17.9%0.35-1.8%
Real Estate (VNQ)5.5%20.7%0.2310.2%
Bitcoin (BTCUSD)66.7%66.9%1.0617.9%

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Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity21.4 Mil
Short Interest: % Change Since 41520260.9%
Average Daily Volume3.2 Mil
Days-to-Cover Short Interest6.6 days
Basic Shares Quantity75.3 Mil
Short % of Basic Shares28.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/11/202610.1%-0.5%-16.4%
11/12/2025-10.0%-13.9%4.8%
8/7/2025-1.1%-3.9%-0.8%
3/6/2025-6.2%-11.4%-34.1%
11/7/2024-16.5%-27.5%10.6%
8/13/20249.6%8.3%-29.2%
5/15/2024-9.6%-19.5%-41.3%
SUMMARY STATS   
# Positive212
# Negative565
Median Positive9.9%8.3%7.7%
Median Negative-9.6%-12.7%-29.2%
Max Positive10.1%8.3%10.6%
Max Negative-16.5%-27.5%-41.3%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202503/12/202610-K
09/30/202511/14/202510-Q
06/30/202508/08/202510-Q
03/31/202505/08/202510-Q
12/31/202403/06/202510-K
09/30/202411/07/202410-Q
06/30/202408/14/2024424B3
03/31/202405/15/202410-Q
12/31/202304/19/2024424B4
09/30/202311/28/2023S-1/A
06/30/202311/01/2023S-1/A
12/31/202202/14/2024DRS

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Read, BrianChief Financial OfficerDirectSell50420269.291,17910,9532,987,274Form
2Read, BrianChief Financial OfficerDirectSell40920268.622001,7242,781,993Form
3Parang, TourajPresident & COODirectSell40920268.623,86133,28211,312,405Form
4Kashani, AliChief Executive OfficerDirectSell40920268.6214,541125,34328,621,615Form
5Read, BrianChief Financial OfficerDirectSell40120268.031,26310,1422,593,184Form