SERV
Serve RoboticsSERV
SERV
About: Serve Robotics Inc is developing next-generation robots for last-mile delivery services. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an advanced, AI-robotics mobility platform, with last-mile delivery in cities as its first application.
Employees: 67
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
457% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 7
268% more capital invested
Capital invested by funds: $18.5M [Q2] → $68.1M (+$49.6M) [Q3]
135% more funds holding
Funds holding: 23 [Q2] → 54 (+31) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
3.14% less ownership
Funds ownership: 23.34% [Q2] → 20.2% (-3.14%) [Q3]
57% less call options, than puts
Call options by funds: $4.72M | Put options by funds: $11.1M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
12%
downside
Avg. target
$19.50
7%
upside
High target
$23
26%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Northland Capital Markets Michael Latimore 41% 1-year accuracy 12 / 29 met price target | 26%upside $23 | Outperform Maintained | 15 Jan 2025 |
Ladenburg Thalmann Glenn Mattson 60% 1-year accuracy 3 / 5 met price target | 12%downside $16 | Buy Initiated | 28 Oct 2024 |
Financial journalist opinion
Based on 10 articles about SERV published over the past 30 days
Neutral
24/7 Wall Street
2 days ago
7 Moonshot Stocks That Could Deliver 500% Returns by 2028
24/7 Wall St. Key Points: These stocks can deliver exponential returns (e.g.
Positive
The Motley Fool
5 days ago
5 AI Stocks to Load Up On in 2025
The artificial intelligence (AI) revolution promises to reshape the global economy in unprecedented ways. Recent research from McKinsey & Co suggests generative AI could add between $2.6 trillion and $4.4 trillion in annual value across 63 analyzed use cases.
Positive
The Motley Fool
1 week ago
Why Serve Robotics Stock Skyrocketed 55% in December
Shares of Serve Robotics (SERV -13.00%) skyrocketed 55.2% in December, according to data provided by S&P Global Market Intelligence. As 2024 drew to a close, investors seemed to be increasingly hungry for investments on the more speculative side of the spectrum, and Serve certainly fits that description.
Negative
Benzinga
1 week ago
Serve Robotics Stock Tumbles In Pre-Market As CEO Sells Shares: Here's What Technical Analysis Shows
Shares of Serve Robotics Inc SERV fell by more than 4% in premarket hours on Wednesday after an 18.7% fall on Tuesday as the delivery robots maker's CEO sold 46,425 of common stock in 2025. However, technical analysis indicates a strong bullish uptrend for the stock.
Positive
TechCrunch
1 week ago
Serve Robotics raises additional $80M as it scales sidewalk delivery robots
Nvidia and Uber-backed Serve Robotics has raised $80 million in a direct offering of 4.2 million shares of common stock. This is on top of the $86 million in gross proceeds Serve raised collectively December 2024 through a combination of a previously filed at-the-market facility and exercise of warrants.
Neutral
GlobeNewsWire
1 week ago
Serve Robotics Announces $80 Million Registered Direct Offering of Common Stock
SAN FRANCISCO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,210,525 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $80.0 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about January 7, 2025, subject to the satisfaction of customary closing conditions.
Neutral
GlobeNewsWire
2 weeks ago
Serve Robotics Secures $86 Million in New Financing in December, Solidifying Liquidity Position to Transform Last-Mile Delivery
SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve” or the “Company”) (Nasdaq: SERV), a leading autonomous delivery company, today announced that it raised gross proceeds of $86 million during December 2024, bringing total gross proceeds raised in 2024 to $167 million. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding.
Positive
Zacks Investment Research
2 weeks ago
SERV Stock Rises 370% Since IPO: Will the Rally Continue in 2025?
Serve Robotics shares are risky for near-term investors but are attractive on a long-term basis due to an expanding robotics fleet.
Neutral
The Motley Fool
2 weeks ago
Nvidia and Uber Are Backing This $700 Million Artificial Intelligence (AI) Stock. Should You?
Serve Robotics (SERV -11.53%) is a developer of autonomous last-mile logistics solutions. The company has a major deal with Uber Technology's (UBER -0.74%) Uber Eats food delivery platform, which will see thousands of its self-driving robots deployed across U.S. cities in 2025.
Neutral
The Motley Fool
3 weeks ago
3 of the Fastest-Growing Stocks on the Planet in 2025
Wall Street and investors have little to complain about with just a few days left before we turn the page to 2025. When the closing bell tolled on Dec. 24, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had respectively galloped higher by 15%, 27%, and 33% for the year.
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