FY2025 EPS Estimates for Serve Robotics Lowered by Analyst

Serve Robotics Inc. (NASDAQ:SERV) – Northland Capmk lowered their FY2025 EPS estimates for shares of Serve Robotics in a research note issued on Thursday, November 13th. Northland Capmk analyst M. Latimore now expects that the company will earn ($1.64) per share for the year, down from their prior estimate of ($1.35). The consensus estimate for Serve Robotics’ current full-year earnings is ($0.98) per share. Northland Capmk also issued estimates for Serve Robotics’ Q4 2025 earnings at ($0.51) EPS, Q1 2026 earnings at ($0.54) EPS, Q2 2026 earnings at ($0.50) EPS, Q3 2026 earnings at ($0.49) EPS, Q4 2026 earnings at ($0.45) EPS, FY2026 earnings at ($1.98) EPS and FY2027 earnings at ($1.15) EPS.

Other equities research analysts have also recently issued research reports about the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Serve Robotics in a report on Tuesday, November 11th. Citigroup reissued an “outperform” rating on shares of Serve Robotics in a research note on Monday, October 13th. Wedbush began coverage on Serve Robotics in a research note on Wednesday, August 27th. They issued an “outperform” rating and a $15.00 target price for the company. Singular Research upgraded Serve Robotics to a “moderate buy” rating in a report on Tuesday, August 26th. Finally, Seaport Res Ptn cut shares of Serve Robotics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Serve Robotics presently has an average rating of “Moderate Buy” and a consensus price target of $19.33.

Serve Robotics Price Performance

Shares of Serve Robotics stock opened at $9.34 on Monday. The stock’s 50 day simple moving average is $12.87 and its 200-day simple moving average is $11.33. The stock has a market cap of $559.28 million, a P/E ratio of -6.27 and a beta of -0.79. Serve Robotics has a 1-year low of $4.66 and a 1-year high of $24.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vontobel Holding Ltd. increased its holdings in Serve Robotics by 6.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 22,427 shares of the company’s stock worth $261,000 after purchasing an additional 1,417 shares during the period. Charles Schwab Investment Management Inc. grew its position 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 worth $73,000 after buying an additional 1,545 shares in the last quarter. Creative Planning grew its position in shares of Serve Robotics by 14.5% during the third quarter. Creative Planning now owns 14,800 shares of the company’s stock worth $172,000 after buying an additional 1,877 shares in the last quarter. Phoenix Financial Ltd. increased its stake 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 buying an additional 2,000 shares during the period. Finally, Thoroughbred Financial Services LLC raised 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 valued at $282,000 after acquiring an additional 2,000 shares in the last quarter.

Insider Buying and Selling at Serve Robotics

In other Serve Robotics news, General Counsel Evan Dunn sold 2,987 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $11.62, for a total value of $34,708.94. Following the completion of the transaction, the general counsel owned 207,322 shares of the company’s stock, valued at $2,409,081.64. This trade represents a 1.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Touraj Parang sold 6,100 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $10.74, for a total value of $65,514.00. Following the sale, the chief operating officer directly owned 1,344,991 shares in the company, valued at $14,445,203.34. This represents a 0.45% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 424,843 shares of company stock valued at $4,994,772. Corporate insiders own 21.40% of the company’s stock.

Serve Robotics Company Profile

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.