In last trading session, Serve Robotics Inc (NASDAQ:SERV) saw 5.25 million shares changing hands with its beta currently measuring 4.19. Company’s recent per share price level of $5.88 trading at $0.21 or 3.70% at ring of the bell on the day assigns it a market valuation of $334.68M. That closing price of SERV’s stock is at a discount of -314.12% from its 52-week high price of $24.35 and is indicating a premium of 69.9% 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 4.09 million shares which gives us an average trading volume of 9.66 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 green during last session for gaining 3.70%, in the last five days SERV remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $5.88 price level, adding 16.71% to its value on the day. Serve Robotics Inc’s shares saw a change of -56.44% in year-to-date performance and have moved -16.36% in past 5-day. Serve Robotics Inc (NASDAQ:SERV) showed a performance of -30.00% in past 30-days. Number of shares sold short was 6.61 million shares which calculate 0.65 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 74.43% 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 -291.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -291.16% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -8.72% 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 19.15% of company’s total shares while institution are holding 12.56 percent of that, with stock having share float percentage of 15.53%. Investors also watch the number of corporate investors in a company very closely, which is 12.56% institutions for Serve Robotics Inc that are currently holding shares of the company. NVIDIA CORP is the top institutional holder at SERV for having 3.73 million shares of worth $7.27 million. And as of 2024-06-30, it was holding 11.0284 of the company’s outstanding shares.
The second largest institutional holder is AWM INVESTMENT COMPANY, INC., which was holding about 1.82 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.3808 of outstanding shares, having a total worth of $3.55 million.
