Serve Robotics Inc (NASDAQ:SERV) Is Looking Good Over The Long Term, Dropped Nearly -61.70% Over A Month.

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In recent trading session, Serve Robotics Inc (NASDAQ:SERV) saw 1.03 million shares changing hands at last check today with its beta currently measuring 3.26. Company’s recent per share price level of $7.22 trading at -$0.31 or -4.18% at last check today assigns it a market valuation of $410.66M. That most recent trading price of SERV’s stock is at a discount of -237.26% from its 52-week high price of $24.35 and is indicating a premium of 75.48% from its 52-week low price of $1.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.33 million shares which gives us an average trading volume of 11.30 million if we extend that period to 3-months.

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.

Serve Robotics Inc (NASDAQ:SERV) trade information

Upright in the red during last session for losing -4.18%, in the last five days SERV remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $7.22 price level, adding 8.61% to its value on the day. Serve Robotics Inc’s shares saw a change of -46.56% in year-to-date performance and have moved -8.90% in past 5-day. Serve Robotics Inc (NASDAQ:SERV) showed a performance of -61.70% in past 30-days. Number of shares sold short was 6.69 million shares which calculate 0.58 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 68.61% 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 -218.56% in reaching the projected high whereas dropping to the targeted low would mean a loss of -218.56% for stock’s current value.

Serve Robotics Inc (NASDAQ:SERV)’s Major holders

Insiders are in possession of 23.36% of company’s total shares while institution are holding 12.54 percent of that, with stock having share float percentage of 16.36%. Investors also watch the number of corporate investors in a company very closely, which is 12.54% institutions for Serve Robotics Inc that are currently holding shares of the company.

On the other hand, Exchange Traded Concepts Tr-Global Robotics & Automation Index ETF and Fidelity Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 671.54 shares of worth $4.9 million or 0.00% of the total outstanding shares. The later fund manager was in possession of 28.41 shares on Dec 31, 2024 , making its stake of worth around $0.21 million in the company or a holder of 0.00% of company’s stock.