Brokerages Set Serve Robotics Inc. (NASDAQ:SERV) Target Price at $17.51

Posted by Brian Himes on May 24th, 2026

Shares of Serve Robotics Inc. (NASDAQ:SERV – Get Free Report) have been given an average rating of “Moderate Buy” by the nine research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $17.5143.

Several analysts have recently issued reports on SERV shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Serve Robotics in a research report on Friday, March 27th. Guggenheim initiated coverage on shares of Serve Robotics in a research report on Monday, April 20th. They set a “buy” rating and a $13.00 price target on the stock. LADENBURG THALM/SH SH boosted their price target on shares of Serve Robotics from $15.00 to $16.60 and gave the stock a “buy” rating in a research 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 on the stock in a research report on Tuesday, March 17th. Finally, Freedom Capital lowered shares of Serve Robotics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th.

Check Out Our Latest Report on Serve Robotics

Insider Buying and Selling at Serve Robotics

In related news, CEO Ali Kashani sold 14,644 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $9.26, for a total transaction of $135,603.44. Following the transaction, the chief executive officer directly owned 3,293,976 shares in the company, valued at approximately $30,502,217.76. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brian Read sold 2,790 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $9.29, for a total transaction of $25,919.10. Following the transaction, the chief financial officer owned 318,768 shares in the company, valued at $2,961,354.72. The trade was a 0.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 83,438 shares of company stock valued at $772,667. Insiders own 5.00% of the company’s stock.

Hedge Funds Weigh In On Serve Robotics

Institutional investors and hedge funds have recently bought and sold shares of the business. Gordian Capital Singapore Pte Ltd acquired a new position in Serve Robotics during the fourth quarter worth about $31,000. Quadrant Capital Group LLC purchased a new position in Serve Robotics during the fourth quarter worth about $31,000. EverSource Wealth Advisors LLC raised its stake in Serve Robotics by 299.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,192 shares of the company’s stock worth $33,000 after purchasing an additional 2,392 shares during the period. CWM LLC raised its stake in Serve Robotics by 514.1% during the fourth quarter. CWM LLC now owns 3,439 shares of the company’s stock worth $36,000 after purchasing an additional 2,879 shares during the period. Finally, Harbour Investments Inc. raised its stake in Serve Robotics by 149.3% during the fourth quarter. Harbour Investments Inc. now owns 3,740 shares of the company’s stock worth $39,000 after purchasing an additional 2,240 shares during the period.

Serve Robotics Stock Down 1.2%

Shares of NASDAQ SERV opened at $8.70 on Friday. The company’s 50-day simple moving average is $8.95 and its 200-day simple moving average is $10.31. Serve Robotics has a 52-week low of $7.66 and a 52-week high of $18.64. The firm has a market cap of $673.12 million, a price-to-earnings ratio of -4.33 and a beta of 0.96.

Serve Robotics (NASDAQ:SERV – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.57) by ($0.08). Serve Robotics had a negative net margin of 2,639.98% and a negative return on equity of 47.31%. The company had revenue of $2.98 million during the quarter, compared to analyst estimates of $2.83 million. Equities research analysts anticipate that Serve Robotics will post -2.57 EPS for the current fiscal year.

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.