Serve Robotics (NASDAQ:SERV) Rating Increased to Strong-Buy at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH upgraded shares of Serve Robotics (NASDAQ:SERV) to a strong-buy rating in a research note published on Thursday morning,Zacks.com reports.

SERV has been the topic of several other research reports. Northland Securities set a $26.00 price objective on Serve Robotics in a research report on Monday, October 13th. Oppenheimer started coverage on shares of Serve Robotics in a report on Thursday. They set an “outperform” rating and a $20.00 price target on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Serve Robotics in a report on Monday, November 17th. Citigroup reiterated an “outperform” rating on shares of Serve Robotics in a research report on Monday, October 13th. Finally, Singular Research upgraded Serve Robotics to a “moderate buy” rating in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

Serve Robotics Stock Performance

NASDAQ:SERV opened at $10.26 on Thursday. The firm’s fifty day moving average is $11.85 and its two-hundred day moving average is $11.51. The firm has a market cap of $764.16 million, a price-to-earnings ratio of -6.89 and a beta of -0.14. Serve Robotics has a one year low of $4.66 and a one year high of $24.35.

Serve Robotics (NASDAQ:SERV) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by ($0.17). Serve Robotics had a negative net margin of 4,121.58% and a negative return on equity of 38.52%. The company had revenue of $0.69 million during the quarter, compared to analyst estimates of $0.69 million. As a group, equities research analysts predict that Serve Robotics will post -0.98 earnings per share for the current fiscal year.

Insider Transactions at Serve Robotics

In related news, insider Anthony Armenta sold 49,082 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $9.32, for a total transaction of $457,444.24. Following the completion of the sale, the insider directly owned 560,037 shares in the company, valued at approximately $5,219,544.84. The trade was a 8.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Touraj Parang sold 9,500 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $11.78, for a total value of $111,910.00. Following the completion of the transaction, the chief operating officer owned 1,351,091 shares in the company, valued at $15,915,851.98. The trade was a 0.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 230,895 shares of company stock worth $2,895,554 in the last three months. 5.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Serve Robotics

A number of hedge funds have recently modified their holdings of the business. Vontobel Holding Ltd. lifted its stake in shares of Serve Robotics by 6.7% in the third quarter. Vontobel Holding Ltd. now owns 22,427 shares of the company’s stock worth $261,000 after buying an additional 1,417 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Serve Robotics by 13.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 12,728 shares of the company’s stock valued at $73,000 after acquiring an additional 1,545 shares in the last quarter. Creative Planning raised its holdings in Serve Robotics by 14.5% in the 3rd quarter. Creative Planning now owns 14,800 shares of the company’s stock valued at $172,000 after acquiring an additional 1,877 shares during the last quarter. Phoenix Financial Ltd. lifted its stake in Serve Robotics by 13.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 17,000 shares of the company’s stock worth $198,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Thoroughbred Financial Services LLC boosted its holdings in shares of Serve Robotics by 9.0% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 24,250 shares of the company’s stock worth $282,000 after purchasing an additional 2,000 shares during the last quarter.

Key Stores Impacting Serve Robotics

Here are the key news stories impacting Serve Robotics this week:

• Positive Sentiment: Oppenheimer initiated coverage with an “Outperform” and a bullish price target; the initiation was highlighted by coverage saying the stock could nearly double, which likely triggered buying and helped lift the shares. Oppenheimer initiation
• Positive Sentiment: Analyst coverage and commentary amplified upside expectations — coverage summarized by The Motley Fool highlighted the new analyst’s conviction and price target upside, supporting short‑term bullish flows. Analyst coverage
• Positive Sentiment: Brokerage/analyst consensus updated to a “Moderate Buy,” which can help sustain interest from institutional and retail investors looking for analyst confirmation. Consensus recommendation
• Neutral Sentiment: Sector comparison piece (SERV vs. UBER) frames Serve as a pure‑play on last‑mile autonomous delivery versus Uber’s diversified exposure — useful context but not an immediate catalyst. Investors may use this to assess relative valuation and strategic runway. SERV vs UBER analysis
• Negative Sentiment: Reports of insider selling triggered a sharp pullback — coverage cited a material insider sale and noted the stock traded down significantly (reports referenced a ~9.6% drop), which can prompt short‑term selling and higher volatility as investors reassess insider timing and potential dilution. Insider selling – down 9.6%

Serve Robotics Company Profile

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.