Serve Robotics (NASDAQ:SERV – Get Free Report) was upgraded by research analysts at LADENBURG THALM/SH SH to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.
SERV has been the topic of several other reports. Singular Research upgraded Serve Robotics to a “moderate buy” rating in a report on Tuesday, August 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Serve Robotics in a research note on Monday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Serve Robotics in a research note on Monday, November 17th. Oppenheimer assumed coverage on shares of Serve Robotics in a report on Thursday. They set an “outperform” rating and a $20.00 price objective for the company. Finally, Citigroup restated an “outperform” rating on shares of Serve Robotics in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $19.50.
Read Our Latest Report on SERV
Serve Robotics Price Performance
Serve Robotics (NASDAQ:SERV – Get Free Report) last announced its earnings results on Wednesday, November 12th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.17). Serve Robotics had a negative net margin of 4,121.58% and a negative return on equity of 38.52%. The business had revenue of $0.69 million for the quarter, compared to analyst estimates of $0.69 million. On average, sell-side analysts anticipate that Serve Robotics will post -0.98 EPS for the current year.
Insiders Place Their Bets
In related news, insider Anthony Armenta sold 49,082 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $9.32, for a total transaction of $457,444.24. Following the completion of the sale, the insider owned 560,037 shares of the company’s stock, valued at $5,219,544.84. This represents a 8.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Evan Dunn sold 20,458 shares of the stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $15.09, for a total transaction of $308,711.22. Following the sale, the general counsel owned 210,309 shares in the company, valued at approximately $3,173,562.81. This trade represents a 8.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 230,895 shares of company stock worth $2,895,554. Corporate insiders own 5.50% of the company’s stock.
Institutional Trading of Serve Robotics
Several hedge funds have recently made changes to their positions in SERV. Vontobel Holding Ltd. boosted its position in Serve Robotics by 6.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 22,427 shares of the company’s stock valued at $261,000 after purchasing an additional 1,417 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Serve Robotics by 13.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 12,728 shares of the company’s stock valued at $73,000 after buying an additional 1,545 shares during the last quarter. Creative Planning boosted its holdings in shares of Serve Robotics by 14.5% during the third quarter. Creative Planning now owns 14,800 shares of the company’s stock valued at $172,000 after acquiring an additional 1,877 shares during the period. Phoenix Financial Ltd. grew its position in shares of Serve Robotics by 13.3% during the third quarter. Phoenix Financial Ltd. now owns 17,000 shares of the company’s stock worth $198,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Thoroughbred Financial Services LLC increased its holdings in shares of Serve Robotics by 9.0% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 24,250 shares of the company’s stock worth $282,000 after acquiring an additional 2,000 shares during the period.
Serve Robotics News Roundup
Here are the key news stories impacting Serve Robotics this week:
- Positive Sentiment: Oppenheimer initiated coverage with an “Outperform” and a bullish price target; the initiation was highlighted by coverage saying the stock could nearly double, which likely triggered buying and helped lift the shares. Oppenheimer initiation
- Positive Sentiment: Analyst coverage and commentary amplified upside expectations — coverage summarized by The Motley Fool highlighted the new analyst’s conviction and price target upside, supporting short?term bullish flows. Analyst coverage
- Positive Sentiment: Brokerage/analyst consensus updated to a “Moderate Buy,” which can help sustain interest from institutional and retail investors looking for analyst confirmation. Consensus recommendation
- Neutral Sentiment: Sector comparison piece (SERV vs. UBER) frames Serve as a pure?play on last?mile autonomous delivery versus Uber’s diversified exposure — useful context but not an immediate catalyst. Investors may use this to assess relative valuation and strategic runway. SERV vs UBER analysis
- Negative Sentiment: Reports of insider selling triggered a sharp pullback — coverage cited a material insider sale and noted the stock traded down significantly (reports referenced a ~9.6% drop), which can prompt short?term selling and higher volatility as investors reassess insider timing and potential dilution. Insider selling – down 9.6%
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.
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