# Can Serve Robotics rise by 200%? Is this Uber-backed delivery robot company worth investing in?

Recently, Wall Street analysts set a sky-high target price for Serve Robotics ( NASDAQ: SERV ), with the most aggressive bullish target at $26, which represents a 200% rise compared to the current price. It sounds very tempting, but is this company really worth it?

**What is the good news**
- Serve has a deep cooperation with Uber, planning to deploy 2,000 Gen3 Bots to the Uber Eats network by the end of 2025.
- These Bots have completed over 1 million deliveries, with costs as low as $1 per delivery (much cheaper than manual labor)
- Revenue in 2026 is expected to rise from the current $2.5M to $25M — a tenfold increase.
- Uber is a major shareholder of Serve, which is an endorsement.

**But the problem is also big**
- Currently earning $687K in quarterly revenue, but burning $33M per quarter.
- Stock valuation is outrageous: the P/S ratio is as high as 245 times, which is 10 times that of Nvidia (and Nvidia is a real AI giant, with annual revenue in the hundreds of billions).
- The company has $210M in cash, it's uncertain how many years it can last with this burn rate.
- If the expansion does not meet expectations, the stock price may adjust significantly.

**Bottom line**
6 analysts are bullish, but this combination of "super high growth + super high valuation" carries equal risks and rewards. Whether they can really deploy 2000 Bots and actually make money will determine if this is a doubling or a landmine.