LADENBURG THALM/SH SH Upgrades Serve Robotics (NASDAQ:SERV) to “Strong-Buy”

Serve Robotics (NASDAQ:SERV) was upgraded by stock analysts at LADENBURG THALM/SH SH to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other equities research analysts have also commented on the company. Citigroup restated an “outperform” rating on shares of Serve Robotics in a research note on Monday, October 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Serve Robotics in a report on Monday. Cantor Fitzgerald restated an “overweight” rating on shares of Serve Robotics in a research report on Monday, November 17th. Northland Securities set a $26.00 price objective on Serve Robotics in a research note on Monday, October 13th. Finally, Oppenheimer initiated coverage on Serve Robotics in a research note on Thursday. They set an “outperform” rating and a $20.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Serve Robotics currently has an average rating of “Moderate Buy” and an average price target of $19.50.

Serve Robotics Stock Up 1.4%

NASDAQ SERV opened at $10.26 on Thursday. The company has a 50-day moving average price of $11.85 and a 200-day moving average price of $11.51. Serve Robotics has a 52 week low of $4.66 and a 52 week high of $24.35. The firm has a market capitalization of $764.16 million, a P/E ratio of -6.89 and a beta of -0.14.

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

Insiders Place Their Bets

In related news, COO Touraj Parang sold 5,000 shares of Serve Robotics stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $13.07, for a total transaction of $65,350.00. Following the sale, the chief operating officer owned 1,333,691 shares of the company’s stock, valued at approximately $17,431,341.37. This trade represents a 0.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brian Read sold 6,700 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $13.15, for a total value of $88,105.00. Following the completion of the transaction, the chief financial officer directly owned 337,199 shares in the company, valued at approximately $4,434,166.85. This represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 230,895 shares of company stock valued at $2,895,554 in the last ninety days. Insiders own 5.50% of the company’s stock.

Institutional Investors Weigh In On Serve Robotics

A number of institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP bought a new stake in shares of Serve Robotics during the third quarter valued at approximately $8,840,000. Capital Fund Management S.A. purchased a new position in Serve Robotics during the first quarter valued at $4,244,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Serve Robotics by 616.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 679,014 shares of the company’s stock valued at $3,972,000 after acquiring an additional 584,302 shares in the last quarter. Geode Capital Management LLC increased its holdings in Serve Robotics by 176.0% in the 2nd quarter. Geode Capital Management LLC now owns 878,668 shares of the company’s stock valued at $10,054,000 after acquiring an additional 560,361 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Serve Robotics by 25.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,594,869 shares of the company’s stock worth $30,178,000 after purchasing an additional 521,945 shares in the last quarter.

Serve Robotics News Summary

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.