Wedbush initates Serve Robotics Inc (SERV) stock to an Outperform

Samantha Gray

Serve Robotics Inc’s filing revealed that its Chief Software & Data Officer Armenta Anthony unloaded Company’s shares for reported $0.46 million on Nov 14 ’25. In the deal valued at $9.32 per share,49,082 shares were sold. As a result of this transaction, Armenta Anthony now holds 560,037 shares worth roughly $5.02 million.

Then, Armenta Anthony bought 49,082 shares, generating $457,282 in total proceeds.

Before that, Abraham Euan bought 1,840 shares. Serve Robotics Inc shares valued at $19,874 were divested by the Officer at a price of $10.80 per share.

Wedbush initiated its Serve Robotics Inc [SERV] rating to an Outperform in a research note published on August 27, 2025; the price target was $15. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in mid August from “a Buy” to “a Neutral”. Cantor Fitzgerald began covering SERV with “an Overweight” recommendation on May 22, 2025. Ladenburg Thalmann started covering the stock on October 28, 2024. It rated SERV as “a Buy”.

Price Performance Review of SERV

On Tuesday, Serve Robotics Inc [NASDAQ:SERV] saw its stock jump 0.45% to $8.97. Over the last five days, the stock has lost -13.17%. Serve Robotics Inc shares have risen nearly 14.27% since the year began. Nevertheless, the stocks have fallen -33.56% over the past one year. While a 52-week high of $24.35 was reached on 01/06/25, a 52-week low of $4.66 was recorded on 04/07/25.

Levels Of Support And Resistance For SERV Stock

The 24-hour chart illustrates a support level at 8.62, which if violated will result in even more drops to 8.27. On the upside, there is a resistance level at 9.25. A further resistance level may holdings at 9.54.

How much short interest is there in Serve Robotics Inc?

A steep rise in short interest was recorded in Serve Robotics Inc stocks on 2025-10-31, dropping by -1.63 million shares to a total of 12.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 14.15 million shares. There was a decline of -13.06%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on October 18, 2024 when Northland Capital began covering the stock and recommended ‘”an Outperform”‘ rating along with a $16 price target.

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