Serve Robotics Inc (NASDAQ:SERV) has a beta value of 3.96 and has seen 0.87 million shares traded in the recent trading session. The company, currently valued at $342.46M, closed the recent trade at $6.02 per share which meant it lost -$0.27 on the day or -4.34% during that session. The SERV stock price is -304.49% off its 52-week high price of $24.35 and 70.6% above the 52-week low of $1.77. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.21 million shares traded. The 3-month trading volume is 9.77 million shares.
The consensus among analysts is that Serve Robotics Inc (SERV) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.15.
Serve Robotics Inc (NASDAQ:SERV) trade information
Sporting -4.34% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SERV stock price touched $6.02 or saw a rise of 22.52%. Year-to-date, Serve Robotics Inc shares have moved -55.43%, while the 5-day performance has seen it change -22.76%. Over the past 30 days, the shares of Serve Robotics Inc (NASDAQ:SERV) have changed -33.22%. Short interest in the company has seen 6.61 million shares shorted with days to cover at 0.65.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 73.83% from the levels at last check today.. The projected low price target is $23.0 while the price target rests at a high of $23.0. In that case, then, we find that the latest price level in today’s session is -282.06% off the targeted high while a plunge would see the stock gain -282.06% from the levels at last check today..
Serve Robotics Inc (SERV) estimates and forecasts
The company’s shares have lost -21.76% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 387.38%.
3 analysts offering their estimates for the company have set an average revenue estimate of 486.81k for the current quarter. 3 have an estimated revenue figure of 787.31k for the next ending quarter.
Earnings growth for 2025 is a modest -8.72% while over the next 5 years, the company’s earnings are expected to increase by 4.02%.
SERV Dividends
Serve Robotics Inc is expected to release its next earnings report on 2025-Mar-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Serve Robotics Inc (NASDAQ:SERV)’s Major holders
Insiders own 20.46% of the company shares, while shares held by institutions stand at 12.54% with a share float percentage of 15.77%. Investors are also buoyed by the number of investors in a company, with Serve Robotics Inc having a total of 105.0 institutions that hold shares in the company. The top two institutional holders are NVIDIA CORP with over 3.73 million shares worth more than $7.27 million. As of 2024-06-30, NVIDIA CORP held 11.0284% of shares outstanding.
The other major institutional holder is AWM INVESTMENT COMPANY, INC., with the holding of over 1.82 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.55 million and represent 5.3808% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Exch TRADED CONCEPTS TRT-ROBO Global(R) Robotics and Automation Index . As of Dec 31, 2024 , the former fund manager holds about 0.00% shares in the company for having 1.0 shares of worth $5.94 million while later fund manager owns 670.84 shares of worth $3.98 million as of Feb 28, 2025 , which makes it owner of about 0.00% of company’s outstanding stock.
