Serve Robotics Inc (NASDAQ:SERV) has a beta value of 3.38 and has seen 6.65 million shares traded in the last trading session. The company, currently valued at $609.51M, closed the last trade at $10.67 per share which meant it gained $0.63 on the day or 6.27% during that session. The SERV stock price is -128.21% off its 52-week high price of $24.35 and 79.1% above the 52-week low of $2.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.92 million shares traded. The 3-month trading volume is 5.80 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 -0.17.
Serve Robotics Inc (NASDAQ:SERV) trade information
Sporting 6.27% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SERV stock price touched $10.67 or saw a rise of 3.96%. Year-to-date, Serve Robotics Inc shares have moved 352.12%, while the 5-day performance has seen it change 2.89%. Over the past 30 days, the shares of Serve Robotics Inc (NASDAQ:SERV) have changed -16.38%. Short interest in the company has seen 8.08 million shares shorted with days to cover at 1.05.
Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could jump 46.65% from current levels. The projected low price target is $17.0 while the price target rests at a high of $23.0. In that case, then, we find that the current price level is -115.56% off the targeted high while a plunge would see the stock gain -59.33% from current levels.
Serve Robotics Inc (SERV) estimates and forecasts
The company’s shares have lost -36.49% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 275.26%.
5 analysts offering their estimates for the company have set an average revenue estimate of 624.85k for the current quarter. 5 have an estimated revenue figure of 1.82M for the next ending quarter. Year-ago sales stood 468.38k and 221.56k respectively for this quarter and the next, and analysts expect sales will grow by 33.41% for the current quarter and 275.26% for the next.
Earnings growth for 2025 is a modest 19.63% while over the next 5 years, the company’s earnings are expected to increase by 13.38%.
SERV Dividends
Serve Robotics Inc is expected to release its next earnings report on 2025-May-08 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 17.82% of the company shares, while shares held by institutions stand at 22.85% with a share float percentage of 27.81%. Investors are also buoyed by the number of investors in a company, with Serve Robotics Inc having a total of 148.0 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 VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 0.00% shares in the company for having 1.64 shares of worth $17.48 million while later fund manager owns 419.39 shares of worth $4.47 million as of Mar 31, 2025 , which makes it owner of about 0.00% of company’s outstanding stock.
