Serve Robotics (NASDAQ:SERV) Upgraded by LADENBURG THALM/SH SH to “Strong-Buy” Rating

Serve Robotics (NASDAQ:SERV) was upgraded by stock 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.

A number of other brokerages also recently issued reports on SERV. Oppenheimer assumed coverage on shares of Serve Robotics in a research report on Thursday. They set an “outperform” rating and a $20.00 price objective on the stock. Northland Securities set a $26.00 price target on shares of Serve Robotics in a research report on Monday, October 13th. Wedbush initiated coverage on shares of Serve Robotics in a report on Wednesday, August 27th. They issued an “outperform” rating and a $15.00 price objective for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Serve Robotics in a report on Monday. Finally, Citigroup reissued an “outperform” rating on shares of Serve Robotics in a research report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.50.

Serve Robotics Price Performance

SERV opened at $10.26 on Thursday. Serve Robotics has a one year low of $4.66 and a one year high of $24.35. The business has a 50 day simple moving average of $11.85 and a two-hundred day simple moving average of $11.51. The firm has a market capitalization of $764.16 million, a price-to-earnings ratio of -6.89 and a beta of -0.14.

Serve Robotics (NASDAQ:SERV) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.17). The business had revenue of $0.69 million during the quarter, compared to the consensus estimate of $0.69 million. Serve Robotics had a negative return on equity of 38.52% and a negative net margin of 4,121.58%. As a group, sell-side analysts expect that Serve Robotics will post -0.98 EPS for the current fiscal year.

Insider Buying and Selling at Serve Robotics

In other news, CEO Ali Kashani sold 16,730 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $11.87, for a total value of $198,585.10. Following the sale, the chief executive officer directly owned 3,374,862 shares of the company’s stock, valued at approximately $40,059,611.94. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Brian Read sold 6,700 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $13.15, for a total transaction of $88,105.00. Following the sale, the chief financial officer owned 337,199 shares in the company, valued at approximately $4,434,166.85. The trade was a 1.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 230,895 shares of company stock worth $2,895,554 in the last ninety days. 5.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Serve Robotics

A number of hedge funds have recently bought and sold shares of SERV. Vontobel Holding Ltd. boosted its holdings in shares of 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 acquiring an additional 1,417 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Serve Robotics by 13.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 12,728 shares of the company’s stock valued at $73,000 after purchasing an additional 1,545 shares during the last quarter. Creative Planning lifted its position in 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 purchasing an additional 1,877 shares during the period. Phoenix Financial Ltd. lifted its position in Serve Robotics by 13.3% during the third quarter. Phoenix Financial Ltd. now owns 17,000 shares of the company’s stock valued at $198,000 after purchasing an additional 2,000 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its holdings in Serve Robotics by 9.0% in the third quarter. Thoroughbred Financial Services LLC now owns 24,250 shares of the company’s stock worth $282,000 after purchasing an additional 2,000 shares during the last quarter.

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%

About Serve Robotics

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.