Serve Robotics Inc. (NASDAQ:SERV) Stock Has Consensus Price Target of $13.80 According to Analysts

Key Points

• Analysts rate SERV a “Moderate Buy,” with nine analysts averaging a $13.80 12-month price target; ratings include five buys, one strong buy, one hold, and two sells.
• Third-quarter revenue was $2.83 million, more than 300% higher year over year and above estimates, while the company raised its 2026 revenue guidance to $12 million.
• Profitability remains a challenge: Serve reported a $0.68-per-share loss, wider than the year-earlier loss, and continues to post substantial negative margins.

Shares of Serve Robotics Inc. (NASDAQ:SERV - Get Free Report) have received an average recommendation of "Moderate Buy" from the nine analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $13.80.

Several analysts recently issued reports on the company. Cantor Fitzgerald downgraded Serve Robotics from an "overweight" rating to a "neutral" rating in a report on Friday, August 7th. Guggenheim decreased their target price on Serve Robotics from $13.00 to $7.00 and set a "buy" rating for the company in a research report on Monday, August 10th. Weiss Ratings upgraded Serve Robotics from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Friday, October 30th. Yorkville Ives assumed coverage on Serve Robotics in a research note on Monday, October 5th. They issued an "outperform" rating and a $8.00 target price for the company. Finally, Freedom Capital upgraded Serve Robotics from a "hold" rating to a "strong-buy" rating in a report on Friday, August 14th.

Insider Buying and Selling

In other Serve Robotics news, CEO Ali Kashani sold 45,158 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $4.56, for a total transaction of $205,920.48. Following the transaction, the chief executive officer directly owned 3,232,933 shares in the company, valued at $14,742,174.48. This represents a 1.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Touraj Parang sold 37,993 shares of Serve Robotics stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $4.55, for a total value of $172,868.15. Following the completion of the transaction, the chief operating officer owned 1,260,251 shares of the company's stock, valued at $5,734,142.05. This trade represents a 2.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 124,220 shares of company stock worth $585,554. 5.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Serve Robotics

Several large investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC bought a new stake in Serve Robotics during the second quarter worth approximately $26,000. Allworth Financial LP bought a new position in Serve Robotics during the 2nd quarter valued at $26,000. EverSource Wealth Advisors LLC boosted its stake in Serve Robotics by 65.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,274 shares of the company's stock valued at $45,000 after purchasing an additional 2,082 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in Serve Robotics by 75.2% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 6,861 shares of the company's stock valued at $45,000 after purchasing an additional 2,944 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Serve Robotics during the 3rd quarter valued at $61,000.

Serve Robotics News Roundup

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

• Positive Sentiment: Serve reported third-quarter revenue of about $2.83 million, more than 300% above the year-earlier period and well ahead of analyst estimates of $1.63 million. Its loss of $0.68 per share was also narrower than estimates of roughly $0.70–$0.77. Serve Robotics Q3 results
• Positive Sentiment: The company raised its 2026 revenue guidance to $12 million, signaling improved expectations for growth. It also said daily average deliveries tripled in Q3, with new delivery partners, and that it launched its first international city in Australia in October. 2026 revenue guidance
• Neutral Sentiment: Serve launched physical-AI services, opening technology used by its robot fleet to other companies developing robots. This could create a business beyond deliveries, though the financial contribution and adoption are not yet established. Serve Robotics launches new business
• Negative Sentiment: Despite beating estimates, the quarterly loss widened to $0.68 per share from $0.54 a year earlier. The company also continues to report substantial negative margins, underscoring that rapid revenue growth has not yet translated into profitability. Serve Robotics Q3 loss

Serve Robotics Price Performance

SERV opened at $3.22 on Friday. The stock has a market capitalization of $279.20 million, a price-to-earnings ratio of -1.24 and a beta of 1.91. The business has a 50-day moving average of $3.96 and a two-hundred day moving average of $7.02. Serve Robotics has a 12 month low of $2.26 and a 12 month high of $16.08.

Serve Robotics (NASDAQ:SERV - Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.68) earnings per share for the quarter, beating analysts' consensus estimates of ($0.70) by $0.02. Serve Robotics had a negative net margin of 2,079.02% and a negative return on equity of 60.76%. The company had revenue of $2.83 million for the quarter, compared to analyst estimates of $1.63 million. Equities research analysts anticipate that Serve Robotics will post -2.87 earnings per share for the current year.

Serve Robotics Company Profile

Serve Robotics develops and operates autonomous, electric sidewalk delivery robots designed to transport goods over short distances. Its robots use cameras, sensors, artificial intelligence and remote human assistance to navigate sidewalks, cross streets and interact with customers while delivering items such as restaurant meals, groceries and other local orders.

The company's services are primarily aimed at on-demand delivery platforms, restaurants and retailers. Serve has deployed its robots for commercial deliveries in the United States, including the Los Angeles area, and has worked with partners such as Uber Eats to support local delivery operations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.