Future uses for Serve's delivery robots include delivering medications, parcels, groceries, and more, which could significantly lower last-mile delivery costs and improve efficiency.

Overall, the partnership with DoorDash validates Serve's role as a leader in autonomous delivery, with the potential to deliver long-term value and substantial returns for investors.

DoorDash has announced a multi-year strategic partnership with Serve Robotics to expand autonomous sidewalk robot deliveries across the US, aiming to improve delivery options and efficiency.

Serve Robotics currently operates in cities including Los Angeles, Miami, Chicago, and Atlanta, completing over 100,000 deliveries from more than 2,500 restaurants, with plans to double its fleet to 2,000 robots by the end of 2025.

The partnership has led to a surge in Serve's stock, which jumped over 25% to its highest level in eight months, reflecting strong investor optimism about autonomous delivery's potential.

Despite this growth, Serve remains unprofitable, with last year's losses at $39 million and projected losses of around $68 million in 2025, though it has a cash reserve of $183 million to support expansion.

Financially, Serve reported revenue of $1.48 million over the past year, with minimal revenue in 2024, but analysts project revenue growth from $3.6 million in 2025 to $31.3 million in 2026, aiming to significantly reduce last-mile delivery costs.

Looking ahead, Serve's projections include reaching $20.4 billion in revenue and $3.2 billion in earnings by 2028, driven by an annual growth rate of nearly 20%, with the potential for substantial market value gains.

Wedbush analysts recently raised their target price for Serve from $15 to $22 per share, citing growth momentum and competitive advantages, despite the stock's volatility.

Serve has attracted significant institutional investment, including a $25 million stake from BlackRock, highlighting confidence in its AI-driven delivery model amid a broader AI stock surge in 2025.

The company's growth strategy includes diversifying revenue streams through expanding into software services and advertising, alongside its core delivery operations.

Serve's autonomous robots focus on Level 4 autonomy with robust teleoperation backup, utilizing ultra-fast video streaming and AI learning to enhance safety and delivery accuracy, which exceeds 99%.