Serve Robotics (NASDAQ:SERV) Reaches New 52-Week Low – Here’s What Happened

Posted by Stanley Muller on Jun 25th, 2026

Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $6.47 and last traded at $6.49, with a volume of 2612202 shares changing hands. The stock had previously closed at $6.80.

Wall Street Analyst Weigh In

SERV has been the topic of a number of research reports. Guggenheim began coverage on Serve Robotics in a research note on Monday, April 20th. They issued a “buy” rating and a $13.00 price objective on the stock. Freedom Capital downgraded shares of Serve Robotics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. LADENBURG THALM/SH SH boosted their target price on shares of Serve Robotics from $15.00 to $16.60 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Cantor Fitzgerald lowered their price target on shares of Serve Robotics from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Tuesday, March 17th. Finally, Weiss Ratings upgraded Serve Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 17th. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.51.

Get Our Latest Analysis on SERV

Serve Robotics Price Performance

The firm has a market cap of $470.10 million, a PE ratio of -3.01 and a beta of 0.53. The company has a 50-day simple moving average of $8.47 and a 200-day simple moving average of $9.90.

Serve Robotics (NASDAQ:SERV – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.57) by ($0.08). Serve Robotics had a negative return on equity of 47.31% and a negative net margin of 2,639.98%.The business had revenue of $2.98 million during the quarter, compared to analysts’ expectations of $2.83 million. As a group, equities research analysts predict that Serve Robotics Inc. will post -2.67 earnings per share for the current year.

Insider Activity at Serve Robotics

In other Serve Robotics news, COO Touraj Parang sold 5,993 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $9.29, for a total value of $55,674.97. Following the transaction, the chief operating officer directly owned 1,306,351 shares in the company, valued at $12,136,000.79. This represents a 0.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Ali Kashani sold 15,885 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $7.24, for a total transaction of $115,007.40. Following the completion of the transaction, the chief executive officer owned 3,278,091 shares in the company, valued at $23,733,378.84. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 91,250 shares of company stock worth $768,253. 5.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Exchange Traded Concepts LLC raised its holdings in shares of Serve Robotics by 12.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,247,559 shares of the company’s stock valued at $12,950,000 after acquiring an additional 138,558 shares in the last quarter. DNB Asset Management AS increased its position in Serve Robotics by 178.9% during the 4th quarter. DNB Asset Management AS now owns 239,205 shares of the company’s stock valued at $2,483,000 after purchasing an additional 153,436 shares during the period. Jupiter Asset Management Ltd. bought a new stake in shares of Serve Robotics in the 4th quarter valued at about $1,427,000. Legal & General Group Plc increased its holdings in Serve Robotics by 11.7% during the fourth quarter. Legal & General Group Plc now owns 839,933 shares of the company’s stock valued at $8,864,000 after buying an additional 88,099 shares during the period. Finally, Cambria Investment Management L.P. raised its stake in Serve Robotics by 25.0% in the third quarter. Cambria Investment Management L.P. now owns 74,391 shares of the company’s stock worth $865,000 after buying an additional 14,877 shares in the last quarter.

Serve Robotics Company Profile

(Get Free Report)

Serve Robotics develops and operates autonomous sidewalk delivery robots designed to transform last-mile logistics for restaurants, retailers and grocery brands. By combining proprietary hardware, sensor suites and dispatch software, the company enables on-demand deliveries of food, beverages and consumer goods while minimizing reliance on traditional vehicle fleets.

The core Serve robot integrates four-wheeled mobility, LiDAR and vision cameras with AI-driven navigation algorithms to detect obstacles, traverse urban sidewalks and interact safely with pedestrians.