How Much Upside is Left in Serve Robotics Inc. (SERV)? Wall Street Analysts Think 30.29%

Core Viewpoint - Serve Robotics Inc. (SERV) shares have increased by 2.5% over the past four weeks, closing at $14.33, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $18.67, representing a 30.3% increase [1] Price Targets and Estimates - The mean estimate consists of six short-term price targets with a standard deviation of $4.37, where the lowest estimate is $15.00 (4.7% increase) and the highest is $26.00 (81.4% increase) [2] - A low standard deviation indicates a higher agreement among analysts regarding price movement, suggesting a more reliable consensus [2][9] Analyst Sentiment and Earnings Estimates - Analysts are optimistic about SERV's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] - Over the last 30 days, one earnings estimate has increased, leading to a 0.5% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - SERV holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a useful guide for potential price movement [14]