Serve Robotics Inc. (SERV)
NASDAQ: SERV · Real-Time Price · USD
9.36
+0.80 (9.35%)
At close: Oct 18, 2024, 4:00 PM
9.38
+0.02 (0.21%)
After-hours: Oct 18, 2024, 7:54 PM EDT

Serve Robotics Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Serve Robotics stock have an average target of 14, with a low estimate of 12 and a high estimate of 16. The average target predicts an increase of 49.57% from the current stock price of 9.36.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $14 $16 $16
Change +28.21% +49.57% +70.94% +70.94%

Analyst Ratings

The average analyst rating for Serve Robotics stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 222221
Hold 222220
Sell 111110
Strong Sell 000000
Total 666662

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
$16
Buy Initiates $16 +70.94% Oct 18, 2024
Seaport Global
Seaport Global
Strong Buy
Initiates
$12
Strong Buy Initiates $12 +28.21% Oct 7, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$44$41
Hold Maintains $44$41 +338.03% Sep 3, 2020
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$44
Hold Downgrades $44 +370.09% Aug 7, 2020
Morgan Stanley
Morgan Stanley
Buy
Maintains
$40$41
Buy Maintains $40$41 +338.03% Jul 10, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
1.74M
from 207.55K
Increased by 737.89%
Revenue Next Year
16.32M
from 1.74M
Increased by 838.47%
EPS This Year
-0.87
from -1.75
EPS Next Year
-0.52
from -0.87
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-107.82K207.55K1.74M16.32M61.20M
Revenue Growth
--92.49%737.89%838.47%275.00%
EPS
-3.10-3.17-1.75-0.87-0.520.22
EPS Growth
------
Forward PE
-----41.71
No. Analysts ---333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.8M 16.8M 63.0M
Avg 1.7M 16.3M 61.2M
Low 1.7M 15.7M 58.8M

Revenue Growth

Revenue Growth 202420252026
High
762.5%
866.1%
286.0%
Avg
737.9%
838.5%
275.0%
Low
705.1%
801.7%
260.3%

EPS Forecast

EPS 202420252026
High -0.89 -0.54 0.23
Avg -0.87 -0.52 0.22
Low -0.83 -0.50 0.22

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.