New York, January 22, 2026, 19:18 EST — After-hours trading.
- Uber shares ended 2.0% lower at $82.56, underperforming the broader market’s gains.
- Autonomous-driving news stayed front and center after Tesla announced it had launched robotaxi rides in Austin with no safety drivers on board.
- Uber will release its fourth-quarter and full-year earnings on Feb. 4.
Uber Technologies Inc (UBER.N) shares dropped 2.0% Thursday, closing at $82.56, despite gains in the Nasdaq and Dow. The stock remains roughly 19% shy of its 52-week peak, with trading volume edging above its 50-day average. (MarketWatch)
The recent drop is significant as investors grapple with what “driverless” tech means for ride-hailing profits — who owns the cars, who manages demand, and who pockets the margins. Tesla’s newest move in Austin keeps the debate heated, often dragging Uber and Lyft into the mix. (Reuters)
Bernstein’s Nikhil Devnani believes Uber’s current valuation already factors in “peak AV fear.” He maintained an Outperform rating and stuck with a $115 price target. Devnani values Uber at about 15 times EBITDA, a measure that excludes interest, taxes, and certain non-cash expenses. (Investing)
Lyft Inc (LYFT.O) slipped 1.5% today. Tesla Inc (TSLA.O) gained roughly 4.1%. DoorDash (DASH.O), a major competitor in delivery, nudged up slightly.
Uber’s shares fluctuated from $81.60 up to $85.40 during Thursday’s session and held steady in after-hours trading, according to the latest data.
Investors are focusing on Uber’s Feb. 4 earnings report and conference call for insight into how autonomous vehicles will play a role in its strategy — and what impact that could have on growth and expenses this year. (Uber Investor Relations)
Separately, New York State Comptroller Thomas DiNapoli submitted a shareholder proposal pushing Uber to release a report detailing how its board supervises safety protocols related to sexual misconduct. “For Uber to succeed, its users need to feel safe and not have a shred of doubt about using the service,” DiNapoli said. (Times Union)
An SEC filing revealed that Uber Chief Legal Officer Tony West offloaded 3,125 shares on Jan. 20, selling at $83.50 each through a Rule 10b5-1 plan — a pre-set trading program for company insiders. (SEC)
Uber revealed a new partnership with Bay Area Rapid Transit (BART) this week, adding Uber ride booking directly into BART’s mobile app for station commutes. Chris Margaronis, Uber’s head of transit partnerships, said the goal is to deliver “consistent, achievable wins” as public transit faces ongoing budget challenges. (Pleasanton Weekly)
But the robotaxi story can shift fast. Tesla’s rollout is still small, and doubts over safety controls and scaling linger — critics frequently pit Tesla’s tactics against Waymo’s deeper driverless experience, backed by Alphabet. (The Verge)
Traders heading into Friday and next week will watch for new autonomous-driving news, while also focusing on Uber’s Feb. 4 earnings report. Guidance and remarks about the speed of self-driving partnerships may steer the market’s direction. (Businesswire)
