Serve Robotics Q1 EPS Estimate Increased by Northland Capmk

Serve Robotics Inc. (NASDAQ:SERV) – Equities researchers at Northland Capmk lifted their Q1 2025 earnings per share estimates for shares of Serve Robotics in a report released on Wednesday, January 15th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.16) per share for the quarter, up from their previous forecast of ($0.20). Northland Capmk currently 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 subject of a number of other research reports. Seaport Res Ptn raised Serve Robotics to a “strong-buy” rating in a research report on Monday, October 7th. LADENBURG THALM/SH SH started coverage on Serve Robotics in a research report on Monday, October 28th. They issued a “buy” rating and a $16.00 target price for the company. Finally, Northland Securities boosted their target price on Serve Robotics from $16.00 to $23.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy” and an average target price of $19.50.

Serve Robotics Stock Down 3.3 %

SERV opened at $18.26 on Monday. Serve Robotics has a 1 year low of $1.77 and a 1 year high of $24.35. The stock has a 50-day moving average price of $12.91 and a 200-day moving average price of $10.36.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Yong Rong HK Asset Management Ltd bought a new position in shares of Serve Robotics during the 3rd quarter valued at approximately $9,636,000. Geode Capital Management LLC grew its stake in shares of Serve Robotics by 128.1% during the 3rd quarter. Geode Capital Management LLC now owns 130,853 shares of the company’s stock valued at $1,041,000 after acquiring an additional 73,496 shares during the period. Harbour Capital Advisors LLC grew its stake in shares of Serve Robotics by 102.4% during the 4th quarter. Harbour Capital Advisors LLC now owns 50,365 shares of the company’s stock valued at $680,000 after acquiring an additional 25,475 shares during the period. State Street Corp bought a new position in shares of Serve Robotics during the 3rd quarter valued at approximately $333,000. Finally, Tidal Investments LLC bought a new position in shares of Serve Robotics during the 3rd quarter valued at approximately $262,000.

Insider Buying and Selling at Serve Robotics

In other Serve Robotics news, Director James Buckly Jordan sold 64,408 shares of the business’s stock in a transaction dated 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 sale, the director now directly owns 449,052 shares in the company, valued at $3,848,375.64. The trade was a 12.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Touraj Parang sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $12.99, for a total value of $649,500.00. Following the transaction, the chief operating officer now owns 1,163,439 shares of the company’s stock, valued at approximately $15,113,072.61. This trade represents a 4.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 253,027 shares of company stock worth $3,309,166 in the last three months. 21.40% of the stock is currently owned by company insiders.

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.