Analysts Set Serve Robotics Inc. (NASDAQ:SERV) Price Target at $18.80

Serve Robotics Inc. (NASDAQ:SERV) has been given an average recommendation of “Buy” by the eight research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $18.80.

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a research note on Monday, December 29th. Loop Capital set a $16.00 price target on Serve Robotics in a report on Wednesday, December 31st. Oppenheimer initiated coverage on Serve Robotics in a research report on Thursday, December 18th. They set an “outperform” rating and a $20.00 price objective for the company. Northland Securities reissued an “outperform” rating and issued a $26.00 price objective on shares of Serve Robotics in a report on Friday, January 2nd. Finally, LADENBURG THALM/SH SH raised Serve Robotics to a “strong-buy” rating in a research note on Thursday, December 18th.

Serve Robotics Price Performance

Shares of SERV opened at $10.68 on Friday. Serve Robotics has a 12 month low of $4.66 and a 12 month high of $23.10. The stock has a fifty day moving average price of $11.98 and a 200 day moving average price of $11.75. The company has a market cap of $795.45 million, a P/E ratio of -7.17 and a beta of 0.35.

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

More Serve Robotics News

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

• Positive Sentiment: City-level expansion potential — North Vancouver is set to consider permitting food-delivery robots, which could open an incremental deployment market and support revenue growth if adopted by more municipalities and partners. City of North Vancouver to consider food delivery robots
• Positive Sentiment: Analyst sentiment remains constructive — Multiple firms maintain Buy/Strong Buy ratings and MarketBeat shows a consensus price target (about $18.80), which supports upside potential relative to the current share price. MarketBeat: SERV stock page
• Neutral Sentiment: Insiders still retain substantial stakes — Executives including the CEO, COO and CFO have completed sales but continue to hold large multi‑hundred‑thousand to multi‑million share positions, suggesting these trades may be partial liquidity rather than full loss of conviction. SEC filing example (CEO sale)
• Negative Sentiment: Clustered insider selling — Several senior executives (CEO, CFO, COO, GC and others) sold shares on Feb 3–4, totaling roughly ~28,000 shares and about $290k at ~ $10.33. Concentrated sales by leadership can create downward pressure and prompt investor questions about timing/intent. SEC filing example (CEO sale)
• Negative Sentiment: Viral PR incident raises reputational risk — A widely shared video of a Serve delivery robot allegedly sidestepping a homeless person in Miami drew ~3M views and criticism; negative publicity can accelerate calls for restrictions and hurt partner relations. “Robot sidesteps homeless man” article
• Negative Sentiment: Local backlash story underscores deployment headwinds — Coverage on neighborhood pushback (Fast Company) highlights potential regulatory and permitting obstacles that could slow rollouts and increase compliance costs. Fast Company: neighborhood pushback on delivery robots

Insiders Place Their Bets

In related news, CEO Ali Kashani sold 16,730 shares of Serve Robotics stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $11.87, for a total transaction of $198,585.10. Following the sale, the chief executive officer directly owned 3,374,862 shares in the company, valued at $40,059,611.94. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Touraj Parang sold 6,300 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $11.87, for a total transaction of $74,781.00. Following the completion of the sale, the chief operating officer directly owned 1,338,691 shares of the company’s stock, valued at $15,890,262.17. The trade was a 0.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 154,571 shares of company stock valued at $1,748,121 over the last three months. 21.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Serve Robotics

Several hedge funds have recently made changes to their positions in SERV. Goldman Sachs Group Inc. raised its holdings in shares of Serve Robotics by 280.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 297,138 shares of the company’s stock worth $1,709,000 after purchasing an additional 219,018 shares in the last quarter. Vontobel Holding Ltd. acquired a new position in Serve Robotics in the second quarter worth approximately $240,000. Bogart Wealth LLC increased its holdings in shares of Serve Robotics by 1,230.6% in the second quarter. Bogart Wealth LLC now owns 11,975 shares of the company’s stock valued at $137,000 after buying an additional 11,075 shares in the last quarter. Next Capital Management LLC bought a new position in shares of Serve Robotics in the second quarter valued at $188,000. Finally, Allworth Financial LP lifted its position in shares of Serve Robotics by 316.7% during the 2nd quarter. Allworth Financial LP now owns 3,900 shares of the company’s stock valued at $45,000 after acquiring an additional 2,964 shares during the last quarter.

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.