In Thursday’s Wall Street session, Serve Robotics Inc (NASDAQ:SERV) shares traded at $10.62, down -0.75% from the previous session.
SERV stock price is now 3.76% away from the 50-day moving average and -0.48% away from the 200-day moving average. The market capitalization of the company currently stands at $606.65M.
With the price target of $17, Cantor Fitzgerald recently initiated with Overweight rating for Serve Robotics Inc (NASDAQ: SERV). On October 28, 2024, Ladenburg Thalmann recently initiated its ‘Buy’ rating on the stock quoting a target price of $16, while ‘Northland Capital’ rates the stock as ‘Outperform’
In other news, Read Brian, Officer bought 1,291 shares of the company’s stock on Jul 01 ’25. The stock was bought for $13,985 at an average price of $10.83. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’25, Chief Financial Officer Read Brian sold 1,291 shares of the business’s stock. A total of $13,982 was realized by selling the stock at an average price of $10.83. This leaves the insider owning 216,414 shares of the company worth $2.3 million. A total of 25.57% of the company’s stock is owned by insiders.
During the past 12 months, Serve Robotics Inc has had a low of $2.23 and a high of $24.35. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 38.03, and a quick ratio of 38.03. The fifty day moving average price for SERV is $10.2349 and a two-hundred day moving average price translates $10.670775 for the stock.
The latest earnings results from Serve Robotics Inc (NASDAQ: SERV) was released for 2025-03-31. The net profit margin was -3320.18% and return on equity was -43.04% for SERV. The company reported revenue of $0.44 million for the quarter, compared to $0.95 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -53.43 percent. For the current quarter, analysts expect SERV to generate $624.85k in revenue.
