Serve Robotics Sinks 7% as Guidance Cut Overshadows Grubhub Deal; Symbotic Drops 5%, DoorDash Ticks Up

Serve Robotics' stock fell 7% to $4.55 after the company lowered its 2026 revenue guidance from $26 million to $9 million to $10 million, citing weak Uber Eats delivery volumes. Symbotic's shares dropped 5% to $40.29 after missing earnings estimates by 29%, while DoorDash rose 3% to $218.53 as its Serve robot delivery channel expanded nearly 50% in a quarter.

DoorDash's growth is attributed to serving an additional 8 million people in new markets, including San Jose and Washington, D.C. Symbotic's shares slipped after it missed EPS estimates by 29%. DoorDash's shares moved upward as the company captured more volume from Serve. The analyst who predicted NVIDIA in 2010 did not include DoorDash in his list of top AI stocks.