Analysts Set Expectations for Serve Robotics Q1 Earnings

Serve Robotics Inc. (NASDAQ:SERV) – Northland Capmk boosted their Q1 2025 earnings per share estimates for Serve Robotics in a report released on Wednesday, January 15th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings per share of ($0.16) for the quarter, up from their previous estimate of ($0.20). Northland Capmk 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.

Serve Robotics (NASDAQ:SERV) last posted its earnings results on Thursday, November 7th. The company reported ($0.20) EPS for the quarter, meeting the consensus estimate of ($0.20). The firm had revenue of $0.22 million during the quarter, compared to the consensus estimate of $0.36 million. Serve Robotics had a negative return on equity of 184.60% and a negative net margin of 1,972.12%.

A number of other equities analysts also recently issued reports on SERV. Seaport Res Ptn upgraded Serve Robotics to a “strong-buy” rating in a research report on Monday, October 7th. LADENBURG THALM/SH SH started coverage on Serve Robotics in a research report on Monday, October 28th. They set a “buy” rating and a $16.00 price objective for the company. Finally, Northland Securities raised their price objective on Serve Robotics from $16.00 to $23.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 15th. Two analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and a consensus price target of $19.50.

Serve Robotics Trading Up 6.3 %

Serve Robotics stock opened at $19.41 on Monday. Serve Robotics has a 12 month low of $1.77 and a 12 month high of $24.35. The stock has a 50-day moving average price of $13.09 and a two-hundred day moving average price of $10.53.

Institutional Investors Weigh In On Serve Robotics

A number of hedge funds have recently added to or reduced their stakes in the company. Yong Rong HK Asset Management Ltd acquired a new stake in Serve Robotics in the third quarter valued at approximately $9,636,000. Exchange Traded Concepts LLC acquired a new stake in Serve Robotics in the fourth quarter valued at approximately $9,066,000. Geode Capital Management LLC grew its stake in Serve Robotics by 128.1% in the third quarter. Geode Capital Management LLC now owns 130,853 shares of the company’s stock valued at $1,041,000 after acquiring an additional 73,496 shares during the period. Harbour Capital Advisors LLC grew its stake in Serve Robotics by 102.4% in the fourth quarter. Harbour Capital Advisors LLC now owns 50,365 shares of the company’s stock valued at $680,000 after acquiring an additional 25,475 shares during the period. Finally, State Street Corp acquired a new stake in Serve Robotics in the third quarter valued at approximately $333,000.

Insider Buying and Selling

In related news, CEO Ali Kashani sold 37,500 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $21.16, for a total transaction of $793,500.00. Following the completion of the sale, the chief executive officer now owns 3,230,990 shares of the company’s stock, valued at $68,367,748.40. This trade represents a 1.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James Buckly Jordan sold 64,408 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $8.57, for a total value of $551,976.56. Following the sale, the director now directly owns 449,052 shares of the company’s stock, valued at $3,848,375.64. This represents a 12.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 253,027 shares of company stock valued at $3,309,166 over the last 90 days. Company 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.