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NASDAQ:SERV

Serve Robotics (SERV) Stock Price, News & Analysis

$9.66
-0.14 (-1.43%)
(As of 10/8/2024 ET)

About Serve Robotics Stock (NASDAQ:SERV)

Key Stats

Today's Range
$9.25
$10.59
50-Day Range
$6.72
$17.52
52-Week Range
$1.77
$24.09
Volume
5.77 million shs
Average Volume
10.32 million shs
Market Capitalization
$358.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Strong Buy

Company Overview

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California.

Serve Robotics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
11th Percentile Overall Score

SERV MarketRank™: 

Serve Robotics scored higher than 11% of companies evaluated by MarketBeat, and ranked 637th out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Percentage of Shares Shorted

    15.03% of the float of Serve Robotics has been sold short.
  • Short Interest Ratio / Days to Cover

    Serve Robotics has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Serve Robotics has recently increased by 1.04%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Serve Robotics does not currently pay a dividend.

  • Dividend Growth

    Serve Robotics does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    15.03% of the float of Serve Robotics has been sold short.
  • Short Interest Ratio / Days to Cover

    Serve Robotics has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Serve Robotics has recently increased by 1.04%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Serve Robotics has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Serve Robotics this week, compared to 6 articles on an average week.
  • Search Interest

    Only 22 people have searched for SERV on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.
  • MarketBeat Follows

    Only 14 people have added Serve Robotics to their MarketBeat watchlist in the last 30 days. This is a decrease of -68% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Serve Robotics insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    21.40% of the stock of Serve Robotics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about Serve Robotics' insider trading history.
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SERV Stock News Headlines

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SERV Stock Analysis - Frequently Asked Questions

Serve Robotics' stock was trading at $2.44 at the start of the year. Since then, SERV stock has increased by 295.9% and is now trading at $9.66.
View the best growth stocks for 2024 here
.

Serve Robotics Inc. (NASDAQ:SERV) announced its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.27) earnings per share (EPS) for the quarter. The business earned $0.47 million during the quarter. Serve Robotics had a negative net margin of 2,155.86% and a negative trailing twelve-month return on equity of 728.80%.

Serve Robotics (SERV) raised $40 million in an IPO on Thursday, April 18th 2024. The company issued 10,000,000 shares at a price of $4.00 per share.

Serve Robotics' lock-up period expires on Tuesday, October 15th. Serve Robotics had issued 10,000,000 shares in its public offering on April 18th. The total size of the offering was $40,000,000 based on an initial share price of $4.00. After the expiration of Serve Robotics' lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Shares of SERV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/13/2024
Today
10/08/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
Automobiles And Trucks
Current Symbol
NASDAQ:SERV
Previous Symbol
NASDAQ:SERV
Fax
N/A
Employees
67
Year Founded
N/A

Profitability

Net Income
$-24,810,000.00
Net Margins
-2,155.86%
Pretax Margin
-2,155.86%

Debt

Sales & Book Value

Annual Sales
$1.52 million

Miscellaneous

Free Float
29,160,000
Market Cap
$358.38 million
Optionable
N/A
Beta
N/A
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This page (NASDAQ:SERV) was last updated on 10/8/2024 by MarketBeat.com Staff
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