Fintel reports that on October 7, 2024, Seaport Global initiated coverage of Serve Robotics (NasdaqCM:SERV) with a Buy recommendation.
Analyst Price Forecast Suggests 66.53% Upside
As of September 25, 2024, the average one-year price target for Serve Robotics is $16.32/share. The forecasts range from a low of $16.16 to a high of $16.80. The average price target represents an increase of 66.53% from its latest reported closing price of $9.80 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is -0.88.
What is the Fund Sentiment?
There are 26 funds or institutions reporting positions in Serve Robotics. This is an increase of 23 owner(s) or 766.67% in the last quarter. 
The put/call ratio of SERV is 0.79, indicating a bullish outlook.
What are Other Shareholders Doing?
Nvidia holds 3,727K shares representing 8.80% ownership of the company.
AWM Investment holds 1,818K shares representing 4.29% ownership of the company.
Alyeska Investment Group holds 925K shares representing 2.18% ownership of the company.
Polar Asset Management Partners holds 542K shares representing 1.28% ownership of the company.
MYDA Advisors holds 478K shares representing 1.13% ownership of the company.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
