Serve Robotics Q1 EPS Forecast Raised by Northland Capmk

Serve Robotics Inc. (NASDAQ:SERV - Free Report) - Northland Capmk increased their Q1 2025 earnings per share (EPS) estimates for shares of Serve Robotics in a report issued on Wednesday, January 15th. Northland Capmk analyst M. Latimore now expects that the company will post earnings of ($0.16) per share 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.

SERV has been the topic of a number of other reports. Northland Securities upped their price target on Serve Robotics from $16.00 to $23.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 15th. LADENBURG THALM/SH SH began coverage on Serve Robotics in a report on Monday, October 28th. They set a "buy" rating and a $16.00 target price for the company. Finally, Seaport Res Ptn upgraded shares of Serve Robotics to a "strong-buy" rating in a research note on Monday, October 7th. Two analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Strong Buy" and an average price target of $19.50.

Serve Robotics Stock Performance

Shares of SERV stock traded up $1.15 during trading hours on Monday, hitting $19.41. The company had a trading volume of 8,228,081 shares, compared to its average volume of 14,851,689. Serve Robotics has a fifty-two week low of $1.77 and a fifty-two week high of $24.35. The company's fifty day moving average is $13.09 and its 200 day moving average is $10.53.

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

Insider Activity

In related news, CEO Ali Kashani sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.52, for a total value of $33,800.00. Following the sale, the chief executive officer now owns 3,344,498 shares of the company's stock, valued at $45,217,612.96. This trade represents a 0.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James Buckly Jordan sold 64,408 shares of Serve Robotics stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $8.57, for a total transaction of $551,976.56. Following the completion of the transaction, the director now 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. Over the last three months, insiders have sold 253,027 shares of company stock worth $3,309,166. Corporate insiders own 21.40% of the company's stock.

Hedge Funds Weigh In On Serve Robotics

Several large investors have recently bought and sold shares of SERV. Bfsg LLC purchased a new position in Serve Robotics in the third quarter valued at approximately $38,000. Harbour Capital Advisors LLC purchased a new position in shares of Serve Robotics in the 3rd quarter valued at $198,000. Yong Rong HK Asset Management Ltd purchased a new position in shares of Serve Robotics in the 3rd quarter valued at $9,636,000. Quantum Private Wealth LLC acquired a new stake in Serve Robotics during the 3rd quarter worth $80,000. Finally, GSA Capital Partners LLP purchased a new stake in Serve Robotics in the third quarter valued at $152,000.

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.