Ali Kashani Sells 14,644 Shares of Serve Robotics (NASDAQ:SERV) Stock

Serve Robotics Inc. (NASDAQ:SERV) CEO Ali Kashani sold 14,644 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $9.26, for a total transaction of $135,603.44. Following the sale, the chief executive officer directly owned 3,293,976 shares in the company, valued at approximately $30,502,217.76. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ali Kashani also recently made the following trade(s):

• On Wednesday, May 6th, Ali Kashani sold 11,753 shares of Serve Robotics stock. The shares were sold at an average price of $9.29, for a total value of $109,185.37.
• On Wednesday, April 8th, Ali Kashani sold 14,541 shares of Serve Robotics stock. The shares were sold at an average price of $8.62, for a total value of $125,343.42.
• On Tuesday, March 10th, Ali Kashani sold 13,500 shares of Serve Robotics stock. The shares were sold at an average price of $9.72, for a total transaction of $131,220.00.
• On Wednesday, February 11th, Ali Kashani sold 9,259 shares of Serve Robotics stock. The stock was sold at an average price of $10.17, for a total value of $94,164.03.

Serve Robotics Stock Performance

Shares of NASDAQ:SERV traded down $0.32 during midday trading on Friday, hitting $8.77. The company’s stock had a trading volume of 5,537,114 shares, compared to its average volume of 4,885,194. The company has a market cap of $678.14 million, a P/E ratio of -5.52 and a beta of 0.96. Serve Robotics Inc. has a 12-month low of $6.60 and a 12-month high of $18.64. The business’s 50 day simple moving average is $9.25 and its 200 day simple moving average is $10.68.

Serve Robotics (NASDAQ:SERV) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.65) EPS for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.08). Serve Robotics had a negative net margin of 3,821.98% and a negative return on equity of 38.54%. The business had revenue of $2.98 million during the quarter, compared to analyst estimates of $2.83 million. On average, sell-side analysts predict that Serve Robotics Inc. will post -2.59 earnings per share for the current fiscal year.

Serve Robotics News Summary

Here are the key news stories impacting Serve Robotics this week:

• Positive Sentiment: Serve reported first-quarter revenue of $2.98 million, well above estimates, with revenue up 578% year over year and 238% sequentially, showing rapid top-line growth. Serve Robotics Announces First Quarter 2026 Results with 3X Sequential Revenue Growth
• Positive Sentiment: The company raised optimism around its long-term addressable market, citing physical AI and autonomous delivery upside, which may support the investment thesis. Serve Robotics points to its physical AI, autonomous delivery upside
• Positive Sentiment: Serve’s expanding operating footprint and new vertical exposure from the Diligent Robotics acquisition could improve growth prospects over time. Serve Robotics Announces First Quarter 2026 Results with 3X Sequential Revenue Growth
• Positive Sentiment: Analyst sentiment improved after the report, with LADENBURG THALM/SH upgrading Serve Robotics to “strong-buy.” Zacks.com
• Neutral Sentiment: Vancouver approved a 6-month delivery robot pilot program, which is supportive of industry adoption but is not a direct financial catalyst yet. Vancouver approves 6-month delivery robot pilot program
• Neutral Sentiment: Coverage around delivery robots expanding in cities like Vancouver and Los Angeles suggests broader market acceptance, but the impact on SERV’s near-term earnings is uncertain. No tip required: food-delivery robots to roll on Vancouver sidewalks
• Negative Sentiment: Despite strong revenue growth, Serve posted a Q1 loss of $0.65 per share, wider than a year ago and below expectations, highlighting continued profitability pressure. Serve Robotics Inc. (SERV) Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Management’s FY 2026 revenue guidance of about $26 million only slightly topped consensus, suggesting investors may still be waiting for a bigger upside surprise. Serve Robotics stock page
• Negative Sentiment: The company continues to report very weak margins and negative return on equity, reinforcing concerns that scaling the business remains expensive. Serve Robotics stock page

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Serve Robotics in a report on Friday, March 27th. LADENBURG THALM/SH SH upgraded shares of Serve Robotics to a “strong-buy” rating in a report on Wednesday. Guggenheim started coverage on shares of Serve Robotics in a report on Monday, April 20th. They issued a “buy” rating and a $13.00 price objective on the stock. Finally, Cantor Fitzgerald decreased their target price on Serve Robotics from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 17th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $17.67.

Institutional Investors Weigh In On Serve Robotics

A number of hedge funds have recently added to or reduced their stakes in SERV. Goldman Sachs Group Inc. lifted its holdings in Serve Robotics by 280.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 297,138 shares of the company’s stock worth $1,709,000 after buying an additional 219,018 shares in the last quarter. Creative Planning lifted its holdings in Serve Robotics by 25.9% during the 2nd quarter. Creative Planning now owns 12,923 shares of the company’s stock worth $148,000 after buying an additional 2,655 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Serve Robotics by 294.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,905 shares of the company’s stock worth $342,000 after buying an additional 22,320 shares in the last quarter. Rhumbline Advisers acquired a new stake in Serve Robotics during the 2nd quarter worth approximately $767,000. Finally, American Century Companies Inc. acquired a new stake in Serve Robotics in the 2nd quarter valued at about $122,000.

Serve Robotics Company Profile

Serve Robotics develops and operates autonomous sidewalk delivery robots designed to transform last-mile logistics for restaurants, retailers and grocery brands. By combining proprietary hardware, sensor suites and dispatch software, the company enables on-demand deliveries of food, beverages and consumer goods while minimizing reliance on traditional vehicle fleets.

The core Serve robot integrates four-wheeled mobility, LiDAR and vision cameras with AI-driven navigation algorithms to detect obstacles, traverse urban sidewalks and interact safely with pedestrians.