Serve Robotics Inc (NASDAQ:SERV) -45.20% Down Over The Last Seven Days. Can The Stock Hit Well Above -$10.17?

In recent trading session, Serve Robotics Inc (NASDAQ:SERV) saw 2.91 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $12.56 trading at -$0.54 or -4.12% at last check today assigns it a market valuation of $609.27M. That most recent trading price of SERV’s stock is at a discount of -194.59% from its 52-week high price of $37.00 and is indicating a premium of 85.91% from its 52-week low price of $1.77.

For Serve Robotics Inc (SERV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.

Serve Robotics Inc (NASDAQ:SERV) trade information

Upright in the red during last session for losing -4.12%, in the last five days SERV remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $12.56 price level, adding 19.07% to its value on the day. Serve Robotics Inc’s shares saw a change of -6.96% in year-to-date performance and have moved -45.20% in past 5-day. Serve Robotics Inc (NASDAQ:SERV) showed a performance of -29.87% in past 30-days.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 45.39% to its recent value today. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -83.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -83.12% for stock’s current value.

Serve Robotics Inc (SERV) estimates and forecasts

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 254.02k for the same. And 3 analysts are in estimates of company making revenue of 719.65k in the next quarter.

On the other hand, Amplify Lithium & Battery Technology ETF and EQ Advisors Trust-1290 VT Micro Cap Port are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 32.9 shares of worth $0.4 million or 0.00% of the total outstanding shares. The later fund manager was in possession of 1.8 shares on Sep 30, 2024, making its stake of worth around $21965.0 in the company or a holder of 0.00% of company’s stock.