New York, Jan 23, 2026, 13:28 ET — Regular session.
Uber Technologies shares were slightly lower on Friday after a federal judge rejected Uber and DoorDash’s request to block New York City tipping laws for food-delivery apps. Uber was down 0.1% at $82.45 in early afternoon trade. DoorDash and Uber had sought a preliminary injunction, a court order to pause the rules that would require a tip option at checkout and a suggested minimum 10% tip, but Judge George Daniels wrote the measures “advance the city’s goals of enhancing cost transparency at the time of checkout.” (Reuters)
The decision lands as delivery platforms face tighter rules in big cities, where regulators are pressing for clearer pricing and more predictable pay for couriers. For Uber, small shifts at checkout can matter; they can change what customers pay, how often they order and, in turn, how much drivers and couriers take home.
Away from the court fight, Uber’s Eats unit also picked up fresh commercial momentum in Australia. Guzman y Gomez said Uber Eats will become its exclusive delivery partner in Australia from Feb. 22, and said delivery accounts for about 27% of its Australian sales in the first half of its fiscal 2026; “our guests love the convenience of delivery,” founder and co-CEO Steven Marks said.
Analysts have been trying to pin down what the market is paying for the story. Bernstein analyst Nikhil Devnani reiterated an Outperform rating and a $115 price target, describing the valuation as a “peak AV fear” multiple — shorthand for investor unease about autonomous vehicles and robotaxis reshaping ride-hailing over time. (Investing)
Uber is also dealing with renewed shareholder pressure over safety. New York State Comptroller Thomas DiNapoli filed a shareholder proposal asking Uber to publish a report on sexual harassment and assault on its platform, including board oversight and driver screening; “for Uber to succeed, its users need to feel safe,” he said. The New York State Common Retirement Fund holds about 2.4 million Uber shares worth roughly $240 million, and the proposal cited a New York Times report that found more than 400,000 reports of sexual assault or misconduct over five years. (Times Union)
DoorDash shares were up 1.0% on Friday, while ride-hailing peer Lyft fell 1.8%.
Broader U.S. stocks were mixed, with the S&P 500 edging higher and the Nasdaq up around half a percent, while the Dow was lower. Investors are looking toward a Federal Reserve decision next week and a fresh run of big-company earnings. (Reuters)
Uber has leaned on its delivery arm to diversify beyond ride-hailing, even as competition for restaurant orders stays intense and discounts remain common. Investors have been watching whether that business can keep expanding without giving back too much on fees and incentives.
The near-term focus for traders remains how regulation and litigation feed into costs. City rules can change quickly, and court fights tend to drag, even when a headline ruling breaks one way or the other.
Next up is Uber’s own update to the market. The company is scheduled to discuss fourth-quarter and full-year 2025 results on Feb. 4 at 8:00 a.m. ET, with investors expected to press for detail on delivery profitability and the cost of compliance. (Uber)
