10:59 AM EDT, 03/12/2026 (MT Newswires) -- Serve Robotics ( SERV ) ended 2025 accelerating momentum and is entering 2026 in a strong position for autonomous deployments, Wedbush Securities said Thursday in a report.

The company issued 2026 revenue guidance of $26 million, topping Wall Street expectations, and highlighted additional positive updates to its near- and long-term strategy,

Serve Robotics' ( SERV ) 2026 capital expenditure guidance of $25 million, well below expectations, is a "major positive," Wedbush said.

The company "is positioning itself to build multiple revenue streams for stable top-line growth while capitalizing on growing demand across the last-mile autonomous delivery," the report said.

Wedbush maintained its outperform rating on Serve Robotics ( SERV ) stock with a $22 price target.

Price: 9.63, Change: -1.02, Percent Change: -9.58