SERV Similar Chart Price Prediction
The price of SERV is predicted to go up 4.04%, based on the high correlation periods with VIRC. The similarity of these two price pattern on the periods is 97.55%.
SERV
VIRC
Up: 4.04%Similarity: 97.55%
SERV Revenue Forecast
SERV EPS Forecast
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SERV Analyst's Forecast
Michael Latimore
Northland Capital Markets
Buy
2025-01-15
Price Target
$16 → $23
Upside
+24.39%
Serve Robotics 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 $80M, 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. The Company intends to use net proceeds from the offering for general corporate purposes, including working capital. Northland Capital Markets is acting as the exclusive placement agent for the transaction.
Glenn Mattson
Ladenburg Thalmann
Strong Buy
2024-10-28
Price Target
$16
Upside
+69.31%
