Analysts Set Expectations for Serve Robotics Q1 Earnings

Serve Robotics Inc. (NASDAQ:SERV) – Research analysts at Northland Capmk increased their Q1 2025 earnings per share (EPS) estimates for shares of Serve Robotics in a research report issued to clients and investors 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 prior estimate 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.

Serve Robotics (NASDAQ:SERV) last posted its earnings results on Thursday, November 7th. The company reported ($0.20) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.20). The business had revenue of $0.22 million for the quarter, compared to analyst estimates of $0.36 million. Serve Robotics had a negative return on equity of 184.60% and a negative net margin of 1,972.12%.

A number of other research analysts have also weighed in on SERV. Northland Securities boosted their target price on Serve Robotics from $16.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, January 15th. Seaport Res Ptn raised Serve Robotics to a “strong-buy” rating in a report on Monday, October 7th. Finally, LADENBURG THALM/SH SH initiated coverage on Serve Robotics in a report on Monday, October 28th. They issued a “buy” rating and a $16.00 price objective on the stock. Two research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, Serve Robotics presently has an average rating of “Strong Buy” and an average target price of $19.50.

Serve Robotics Price Performance

SERV stock opened at $19.41 on Monday. Serve Robotics has a 1-year low of $1.77 and a 1-year high of $24.35. The business’s 50 day simple moving average is $13.09 and its 200 day simple moving average is $10.53.

Insider Buying and Selling at Serve Robotics

In other news, CEO Ali Kashani sold 9,719 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $8.77, for a total transaction of $85,235.63. Following the sale, the chief executive officer now directly owns 3,355,238 shares of the company’s stock, valued at approximately $29,425,437.26. This represents a 0.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Touraj Parang sold 50,000 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $12.99, for a total value of $649,500.00. Following the sale, the chief operating officer now directly owns 1,163,439 shares in the company, 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 have sold a total of 253,027 shares of company stock valued at $3,309,166 in the last ninety days. 21.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Serve Robotics

Several large investors have recently modified their holdings of the stock. Yong Rong HK Asset Management Ltd bought a new stake in shares of Serve Robotics during the 3rd quarter worth $9,636,000. Exchange Traded Concepts LLC bought a new stake in shares of Serve Robotics during the 4th quarter worth $9,066,000. Geode Capital Management LLC lifted its position 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 worth $1,041,000 after buying an additional 73,496 shares during the last quarter. State Street Corp bought a new stake in shares of Serve Robotics during the 3rd quarter worth $333,000. Finally, Tidal Investments LLC bought a new stake in shares of Serve Robotics during the 3rd quarter worth $262,000.

About Serve Robotics

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.