Serve Robotics Inc [SERV] stock Initiated by Seaport Research Partners analyst, price target now $12

KRBP

Serve Robotics Inc [NASDAQ: SERV] price surged by 2.76 percent to reach at $0.24.

The one-year SERV stock forecast points to a potential upside of 36.29. The average equity rating for SERV stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Serve Robotics Inc [SERV]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SERV shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SERV stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Seaport Research Partners have made an estimate for Serve Robotics Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 07, 2024.

The Average True Range (ATR) for Serve Robotics Inc is set at 1.15, with the Price to Sales ratio for SERV stock in the period of the last 12 months amounting to 248.47. The Price to Book ratio for the last quarter was 11.45, with the Price to Cash per share for the same quarter was set at 0.68.

SERV Stock Performance Analysis:

Serve Robotics Inc [SERV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.98. With this latest performance, SERV shares gained by 2.88% in over the last four-week period, additionally plugging by 101.35% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SERV stock in for the last two-week period is set at 51.97, with the RSI for the last a single of trading hit 52.55, and the three-weeks RSI is set at 51.51 for Serve Robotics Inc [SERV]. The present Moving Average for the last 50 days of trading for this stock 9.37, while it was recorded at 9.35 for the last single week of trading.

Insight into Serve Robotics Inc Fundamentals:

Serve Robotics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.03 and a Current Ratio set at 7.19.

Serve Robotics Inc [SERV] Institutonal Ownership Details

There are presently around $22.28%, or 33.80%% of SERV stock, in the hands of institutional investors.