Autonomous delivery firm Serve Robotics shifts strategy, forecasting 2026 revenue amid Uber partnership termination plans.
Serve Robotics (SERV) expects 2026 revenue between $9M and $10M, marking a strategic pivot as it prepares to end its Uber agreement in early 2027. The company cited Q2 2026 as a turning point after years of reliance on Uber for delivery volume.
Previously, Serve Robotics depended on Uber for delivery operations from Q1 2022 through Q1 2026. The decision to discontinue the partnership signals a broader shift in its business model, though no replacement partner was announced.
Management did not disclose immediate market reactions or stock movements following the announcement, focusing instead on long-term revenue projections.