New York, Jan 23, 2026, 21:08 (EST) — Market closed.
- On Friday, Uber shares slipped 0.3%, ending the day at $82.31.
- U.S. judges turned down Uber, DoorDash, and Instacart’s attempts to halt New York City’s new delivery app tipping rules set to begin Jan. 26.
- Investors are turning to early-February earnings to spot any signs of delivery margin hits linked to regulation.
Federal judges turned down Uber Technologies’ attempt, joined by DoorDash and Instacart, to halt New York City laws targeting food-delivery apps. These include a mandate that customers must see a tipping option at checkout. Uber shares dipped 0.3%, ending Friday at $82.31. 1
Why it matters now: The laws kick in on Jan. 26, and companies warn that higher end-of-order fees could dampen demand as customers hesitate. Uber’s delivery segment has drawn particular scrutiny from regulators and city officials aiming to boost worker protections and enforce price transparency.
Uber has dipped in the past few sessions and is now roughly 19% off its 52-week peak. That leaves the stock vulnerable to any news suggesting rising expenses or a slowdown in order growth. 2
Uber is gearing up to release its next financials. The company announced its fourth-quarter and full-year 2025 results call will take place on Feb. 4. Investors are expected to focus on delivery margins and strategies for handling compliance across different cities. 3
On Friday, U.S. District Judge George Daniels in Manhattan ruled that DoorDash and Uber did not demonstrate a strong chance of success in their constitutional challenge. In a separate ruling, U.S. District Judge John Koeltl denied Instacart’s motion. All three firms announced plans to appeal. Uber did not immediately reply to requests for further comment.
New York State Comptroller Thomas DiNapoli has put forward a shareholder proposal pressing Uber to release a report detailing how it manages safety protocols and handles sexual misconduct claims linked to its platform. “For Uber to succeed, its users need to feel safe,” DiNapoli emphasized. 4
Uber is also pushing its delivery business beyond the U.S. Uber Eats announced an exclusive, multi-year delivery deal with Guzman y Gomez in Australia, kicking off on Feb. 22. The partnership extends nearly a decade of collaboration with the restaurant chain. Ed Kitchen, Uber Eats ANZ managing director, described the move as “all about giving people more of what they love.” 5
Bernstein analyst Nikhil Devnani stuck to his Outperform rating on Uber this week, keeping the price target at $115. He noted the stock trades around 15 times EBITDA, a key cash-profit metric, which he labeled a “peak AV fear” multiple. Devnani stressed that Uber’s management must tackle investor concerns about autonomous vehicles, or self-driving cars. 6
Uber ended quietly in a choppy U.S. trading day and a turbulent week. The S&P 500 eked out a 0.03% gain, while the Nasdaq rose 0.3% on Friday, reflecting investor caution amid changing tariff and deal developments. 7
Risks are clear. City regulations vary widely, and legal battles can drag out. If New York’s new checkout rules make customers order less or force platforms to change fees and promos, delivery margins could shrink fast. Uber also deals with ongoing legal and reputational issues tied to safety complaints, which tend to intensify as cases head to trial.
Markets kick back into gear Monday as New York City’s new delivery-app regulations come into force. Investors will be eyeing possible impacts on Uber, DoorDash, and Instacart. Uber’s next big moment arrives with its earnings report, slated for before the open on Feb. 4. 8
