Serve Robotics’ revenue forecast to surge eightfold to $28 million by 2026

Serve Robotics Inc. (NASDAQ: SERV), the autonomous delivery company spun off from Postmates’ robotics division — which Uber acquired — is accelerating its expansion as it targets 2,000 AI-powered robots in operation by year-end. The company recently deployed its 1,000th third-generation robot, adding more than 380 units in September alone.

Still in its early stages, Serve has already completed several deliveries for partners including Uber Eats and 7-Eleven. The company’s long-term supply agreement with Uber Eats allows for deployment of up to 2,000 delivery robots across multiple US markets, positioning it as a key player in the nascent autonomous logistics space.

Visible Alpha consensus points to strong revenue momentum as the fleet expands. Analysts expect revenues to double to $3.6 million in 2025, up from $1.8 million last year, with fleet services accounting for roughly $2.6 million and software services contributing $1.1 million. By 2026, revenues are forecast to surge nearly eightfold to $28 million, driven by a sharp rise in fleet utilization and recurring software income.

This article was published by Visible Alpha, part of S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.