Serve Robotics Cuts 2026 Revenue Guidance to $9M-$10M as Uber Eats Softens
Serve Robotics shares are down 56% year to date after cutting full-year 2026 revenue guidance to $9 million–$10 million from about $26 million, blaming softer Uber Eats delivery volumes. Q2 revenue rose to $3.2 million, helped by the Diligent acquisition, but the company posted a GAAP loss of over $113 million in the first half with $240 million cash. Uber sold its stake; DoorDash gained volume and Symbotic slid.