In last trading session, Serve Robotics Inc (NASDAQ:SERV) saw 3.5 million shares changing hands with its beta currently measuring 3.26. Company’s recent per share price level of $7.02 trading at -$0.51 or -6.77% at ring of the bell on the day assigns it a market valuation of $399.56M. That closing price of SERV’s stock is at a discount of -246.87% from its 52-week high price of $24.35 and is indicating a premium of 74.79% 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 5.24 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. The company is expected to be making an EPS of -0.15 in the current quarter.
Serve Robotics Inc (NASDAQ:SERV) trade information
Upright in the red during last session for losing -6.77%, 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 $7.02 price level, adding 11.14% to its value on the day. Serve Robotics Inc’s shares saw a change of -48.00% in year-to-date performance and have moved -11.36% in past 5-day. Serve Robotics Inc (NASDAQ:SERV) showed a performance of -62.74% 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 69.48% to its current value. 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 -227.64% in reaching the projected high whereas dropping to the targeted low would mean a loss of -227.64% for stock’s current value.
Serve Robotics Inc (SERV) estimates and forecasts
This year revenue growth is estimated to rise 387.38% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 486.81k for the same. And 3 analysts are in estimates of company making revenue of 787.31k in the next quarter.
In 2025, company’s earnings growth rate is likely to be around -4.24% while estimates for its earnings growth in next 5 years are of 4.02%.
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 $4.71 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 $0.2 million in the company or a holder of 0.00% of company’s stock.
