A share price of Serve Robotics Inc [SERV] is currently trading at $6.56, up 9.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SERV shares have gain 5.47% over the last week, with a monthly amount glided 27.88%, and 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 $6.56 at the most recent close of the market. An investor can expect a potential return of 250.61% 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 6.22 points at the first support level, and at 5.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.79, and for the 2nd resistance point, it is at 7.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Serve Robotics Inc [NASDAQ:SERV] is 18.40. Also, the Quick Ratio is 18.36, while the Cash Ratio stands at 18.11. Considering the valuation of this stock, the price to sales ratio is 206.61, the price to book ratio is 2.56.
Transactions by insiders
Recent insider trading involved Parang Touraj, President & COO, that happened on May 07 ’25 when 450.0 shares were sold. Chief Hardware & Mftg Offcr, Abraham Euan completed a deal on May 07 ’25 to sell 315.0 shares. Meanwhile, Chief Executive Officer Kashani Ali sold 1700.0 shares on May 07 ’25.
