Analysts Set Expectations for Serve Robotics Q1 Earnings

Serve Robotics Inc. (NASDAQ:SERV) – Stock analysts at Northland Capmk lifted their Q1 2025 earnings per share (EPS) estimates for Serve Robotics in a report issued on Wednesday, January 15th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.16) per share for the quarter, up from their prior estimate of ($0.20). Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Serve Robotics’ current full-year earnings is ($0.98) per share. Northland Capmk also issued estimates for Serve Robotics’ Q2 2025 earnings at ($0.15) EPS, Q3 2025 earnings at ($0.14) EPS, Q4 2025 earnings at ($0.10) EPS, FY2025 earnings at ($0.55) EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.09) EPS, Q3 2026 earnings at ($0.07) EPS, Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.33) EPS and FY2027 earnings at ($0.28) EPS.

Several other research firms have also recently weighed in on SERV. Seaport Res Ptn upgraded shares of Serve Robotics to a “strong-buy” rating in a research report on Monday, October 7th. LADENBURG THALM/SH SH began coverage on shares of Serve Robotics in a report on Monday, October 28th. They set a “buy” rating and a $16.00 price target on the stock. Finally, Northland Securities boosted their price target on shares of Serve Robotics from $16.00 to $23.00 and gave the company an “outperform” rating in a report on Wednesday, January 15th. Two research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Strong Buy” and a consensus target price of $19.50.

Serve Robotics Price Performance

Shares of NASDAQ:SERV opened at $18.26 on Monday. Serve Robotics has a 12 month low of $1.77 and a 12 month high of $24.35. The stock’s 50 day moving average price is $12.91 and its 200 day moving average price is $10.42.

Institutional Trading of Serve Robotics

Several large investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC bought a new stake in shares of Serve Robotics during the third quarter valued at approximately $26,000. Bfsg LLC bought a new stake in shares of Serve Robotics during the third quarter valued at approximately $38,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Serve Robotics during the third quarter valued at approximately $68,000. Quantum Private Wealth LLC bought a new stake in shares of Serve Robotics during the third quarter valued at approximately $80,000. Finally, SG Americas Securities LLC bought a new stake in shares of Serve Robotics during the fourth quarter valued at approximately $114,000.

Insider Activity

In related news, COO Touraj Parang sold 50,000 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $12.99, for a total value of $649,500.00. Following the sale, the chief operating officer now owns 1,163,439 shares of the company’s stock, valued at $15,113,072.61. The trade was a 4.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Ali Kashani sold 9,719 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $8.77, for a total transaction of $85,235.63. Following the completion of the sale, the chief executive officer now directly owns 3,355,238 shares in the company, valued at approximately $29,425,437.26. The trade was a 0.29 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 253,027 shares of company stock valued at $3,309,166. Insiders own 21.40% of the company’s stock.

About Serve Robotics

Serve Robotics Inc designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc in July 2023.