Why are investors loading up on Serve Robotics stock ahead of Q2 earnings?

Serve Robotics SERV shares are ripping higher this morning, driven primarily by “pre-earnings” momentum and options positioning ahead of the firm’s Q2 earnings scheduled for release on Aug. 6.

Consensus is for the company to post $0.69 a $ 0.69-a-share loss for its second quarter, nearly 92% higher than last year.

For investors, however, what appears to be more important is the explosive top-line growth, with SERV expected to generate about $28 million in revenue this year – a more than 10x increase from 2025.

Today’s rally brings a much-needed reprieve to Serve Robotics stock that has otherwise been under immense pressure in recent months.

Even after the surge, it’s down roughly 50% year-to-date.

What’s driving Serve Robotics stock higher today?

Short-term momentum traders are bidding up SERV stock on Monday as expectations mount around operational milestones.

Recent Zacks and Wall Street pre-earnings notes highlighted that while Serve Robotics slowed physical robot deployments in the first half of 2026, it aggressively scaled fleet productivity and revenue per robot.

Investors are positioning for a top-line surprise driven by higher daily supply hours and expanding recurring software/branding services.

Note that today’s surge saw Serve Robotics rip through its 20-day moving average (MA), signaling the upward momentum could sustain in the near-term.

SERV’s partnerships in focus ahead of Q2 earnings

Serve Robotics shares are extending gains also because the market is increasingly pricing the firm beyond basic sidewalk food delivery.

Continuous integration of Diligent Robotics (which added the Moxi indoor hospital logistics robot) alongside pilot programs in adjacent fields like local laundry delivery (NoScrubs) has expanded its addressable market into indoor Physical AI.

SERV has already secured major anchor partnerships with the likes of Magna International, Shake Shack, and even Uber Eats, which validate its autonomous technology across multiple commercial environments.  

From a technical standpoint, Serve Robotics’ relative strength index (RSI) sits in the mid-40s only, reinforcing that there’s massive upside potential before the stock hits “overbought” territory.

Where options data suggests SERV shares are headed

What’s also worth mentioning is that the derivatives market signals a major upside move in SERV shares following the company’s upcoming earnings release.

According to Barchart, the put-to-call ratio on contracts expiring August 7^th sits at 0.12 currently, signaling a strong bullish skew.

And the upper price on those contracts is set at $6.02, indicating potential for a nearly 13% post-earnings rally.

Crucially, despite year-to-date underperformance, Wall Street analysts haven’t thrown in the towel on Serve Robotics; in fact, they continue to believe that it’s largely undervalued at the current price.

The consensus rating on the autonomous robots maker remains at Strong Buy, with the mean price target of a whopping $18 suggesting the stock could more than triple from here over the next 12 months.