Serve Robotics Inc [NASDAQ: SERV] stock went on a downward path that fall over -5.24% on Tuesday, amounting to a one-week price increase of more than 11.80%.
Over the last 12 months, SERV stock rose by 214.87%. The one-year Serve Robotics Inc stock forecast points to a potential upside of 37.81. The average equity rating for SERV stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $568.38 million, with 56.85 million shares outstanding and 42.56 million shares in the current float. Compared to the average trading volume of 5.03M shares, SERV stock reached a trading volume of 5228368 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $16.00 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.
Ladenburg Thalmann have made an estimate for Serve Robotics Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 28, 2024. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on October 18, 2024, representing the official price target for Serve Robotics Inc stock. Previously, the target price had yet another raise to $12, while Seaport Research Partners analysts kept a Buy rating on SERV stock.
The Average True Range (ATR) for Serve Robotics Inc is set at 0.88, with the Price to Sales ratio for SERV stock in the period of the last 12 months amounting to 433.88. The Price to Book ratio for the last quarter was 2.69, with the Price to Cash per share for the same quarter was set at 3.46.
SERV Stock Performance Analysis:
Serve Robotics Inc [SERV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.80. With this latest performance, SERV shares gained by 92.46% in over the last four-week period, additionally plugging by 26.75% over the last 6 months – not to mention a rise of 214.87% in the past year of trading.
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 66.63, with the RSI for the last a single of trading hit 69.96, and the three-weeks RSI is set at 61.11 for Serve Robotics Inc [SERV]. The present Moving Average for the last 50 days of trading for this stock 6.81, while it was recorded at 9.94 for the last single week of trading, and 10.43 for the last 200 days.
Insight into Serve Robotics Inc Fundamentals:
Serve Robotics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 38.03 and a Current Ratio set at 38.03.
SERV Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SERV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Serve Robotics Inc go to 5.63%.
Serve Robotics Inc [SERV] Institutonal Ownership Details
The top three institutional holders of SERV stocks are: NVIDIA CORP with ownership of 3.73 million shares, which is approximately 11.0284%. AWM INVESTMENT COMPANY, INC., holding 1.82 million shares of the stock with an approximate value of $$3.55 million in SERV stocks shares; and AWM INVESTMENT COMPANY, INC., currently with $$1.8 million in SERV stock with ownership which is approximately 2.7366%.
