A share price of Serve Robotics Inc [SERV] is currently trading at $5.86, up 1.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The SERV shares have gain 14.23% over the last week, with a monthly amount drifted -25.16%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Serve Robotics Inc [NASDAQ: SERV] stock has seen the most recent analyst activity on October 28, 2024, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $16. Previously, Northland Capital started tracking the stock with Outperform rating on October 18, 2024, and set its price target to $16. On October 07, 2024, Seaport Research Partners initiated with a Buy rating and assigned a price target of $12 on the stock.
Serve Robotics Inc experienced fluctuations in its stock price throughout the past year between $1.77 and $24.35. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Serve Robotics Inc [NASDAQ: SERV] shares were valued at $5.86 at the most recent close of the market. An investor can expect a potential return of 292.49% based on the average SERV price forecast.
Analyzing the SERV fundamentals
Trailing Twelve Months sales for Serve Robotics Inc [NASDAQ:SERV] were 1.81M which represents 311.62% growth. Gross Profit Margin for this corporation currently stands at -0.04% with Operating Profit Margin at -21.13%, Pretax Profit Margin comes in at -21.62%, and Net Profit Margin reading is -21.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.76 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.70 points at the first support level, and at 5.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.99, and for the 2nd resistance point, it is at 6.11.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Serve Robotics Inc [NASDAQ:SERV] is 18.40. On the other hand, the Quick Ratio is 18.36, and the Cash Ratio is 18.11. Considering the valuation of this stock, the price to sales ratio is 184.28, the price to book ratio is 2.28.
Transactions by insiders
Recent insider trading involved Kashani Ali, Chief Executive Officer, that happened on Apr 08 ’25 when 1670.0 shares were sold. President & COO, Parang Touraj completed a deal on Apr 08 ’25 to sell 445.0 shares. Meanwhile, Chief Hardware & Mftg Offcr Abraham Euan sold 308.0 shares on Apr 08 ’25.
