FY2025 EPS Estimates for Serve Robotics Lowered by Analyst

Serve Robotics Inc. (NASDAQ:SERV) – Research analysts at Northland Capmk dropped their FY2025 EPS estimates for shares of Serve Robotics in a report issued on Thursday, November 13th. Northland Capmk analyst M. Latimore now expects that the company will post earnings per share of ($1.64) for the year, down from their prior estimate of ($1.35). The consensus estimate for Serve Robotics’ current full-year earnings is ($0.98) per share. Northland Capmk also issued estimates for Serve Robotics’ Q4 2025 earnings at ($0.51) EPS, Q1 2026 earnings at ($0.54) EPS, Q2 2026 earnings at ($0.50) EPS, Q3 2026 earnings at ($0.49) EPS, Q4 2026 earnings at ($0.45) EPS, FY2026 earnings at ($1.98) EPS and FY2027 earnings at ($1.15) EPS.

Serve Robotics (NASDAQ:SERV) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.17). The firm had revenue of $0.69 million during the quarter, compared to analysts’ expectations of $0.69 million. Serve Robotics had a negative net margin of 4,121.58% and a negative return on equity of 38.52%. Serve Robotics has set its FY 2026 guidance at EPS. FY 2025 guidance at EPS.

Several other equities research analysts have also commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Serve Robotics in a research report on Monday. Wedbush began coverage on shares of Serve Robotics in a research report on Wednesday, August 27th. They set an “outperform” rating and a $15.00 target price for the company. Northland Securities set a $26.00 price target on shares of Serve Robotics in a research report on Monday, October 13th. Seaport Res Ptn lowered shares of Serve Robotics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Serve Robotics in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Serve Robotics has a consensus rating of “Moderate Buy” and a consensus target price of $19.33.

Serve Robotics Stock Performance

Serve Robotics stock opened at $8.97 on Monday. The firm has a market capitalization of $668.09 million, a price-to-earnings ratio of -6.02 and a beta of -0.80. Serve Robotics has a fifty-two week low of $4.66 and a fifty-two week high of $24.35. The stock’s fifty day moving average is $12.80 and its two-hundred day moving average is $11.36.

Insider Activity

In other news, insider Euan Abraham sold 3,915 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $11.69, for a total transaction of $45,766.35. Following the sale, the insider owned 246,624 shares in the company, valued at $2,883,034.56. This trade represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Anthony Armenta sold 49,082 shares of Serve Robotics stock in a transaction on Friday, November 14th. The shares were sold at an average price of $9.32, for a total value of $457,444.24. Following the completion of the sale, the insider directly owned 560,037 shares of the company’s stock, valued at approximately $5,219,544.84. This represents a 8.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 473,925 shares of company stock valued at $5,452,216 in the last 90 days. Insiders own 21.40% of the company’s stock.

Institutional Trading of Serve Robotics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SERV. Advisory Services Network LLC lifted its holdings in shares of Serve Robotics by 6.4% during the 3rd quarter. Advisory Services Network LLC now owns 46,448 shares of the company’s stock worth $540,000 after acquiring an additional 2,797 shares during the period. Verition Fund Management LLC boosted its holdings in shares of Serve Robotics by 101.0% in the 3rd quarter. Verition Fund Management LLC now owns 127,515 shares of the company’s stock valued at $1,483,000 after purchasing an additional 64,068 shares during the last quarter. Prosperity Wealth Management Inc. boosted its holdings in shares of Serve Robotics by 162.5% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 42,000 shares of the company’s stock valued at $488,000 after purchasing an additional 26,000 shares during the last quarter. Prelude Capital Management LLC purchased a new stake in shares of Serve Robotics during the 3rd quarter valued at $582,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Serve Robotics by 3.0% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 743,662 shares of the company’s stock worth $8,663,000 after buying an additional 21,836 shares during the last quarter.

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.