Serve Robotics Inc. has partnered with DoorDash to enhance its autonomous delivery model, aiming to improve fleet utilization and unit economics. DoorDash, along with Uber, dominates over 80% of the U.S. food delivery market, expanding Serve’s access to restaurants and consumers while leveraging an existing footprint of 1,000 robots, with plans to deploy 2,000 by year-end.
This partnership allows for robots to service both DoorDash and Uber deliveries within the same route, boosting utilization rates and lowering costs. Serve’s management anticipates a significant revenue increase in 2026 as fleet economics improve through operational gains from increased deliveries and real-world data collection.
Currently, SERV stock has gained 3.4% over the last three months, outpacing the industry’s 2.2% decline. Despite this growth, analysts have adjusted the 2026 loss per share estimate for Serve from $1.76 to $1.83, resulting in a Zacks Rank #4 (Sell).
