Serve Robotics cut its 2026 sales forecast sharply after Uber delivery volumes fell. DoorDash growth and more than $240 million in available funds help, but do not outweigh the cut and the quarterly loss.
The sharp cut shows Serve expects much less business this year after delivery volumes through Uber fell. Growth with DoorDash and more than $240 million in available funds give it room to adjust. But those positives do not outweigh the lower sales forecast and the quarterly loss.
Serve said it may not renew its agreement with Uber unless their operating model improves. The call does not show how this would change Uber's own business outlook.
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