New York, January 26, 2026, 15:04 (ET) — Regular session underway.
Shares of Uber Technologies Inc ticked up 0.4% to $82.61 during Monday afternoon trading.
The move was small, but the stakes remain high. Investors are zeroing in again on two key issues: the impact of driverless taxis on Uber’s take rate, and how swiftly local regulations can alter delivery economics.
This matters now as robotaxis — autonomous, driverless cars operating as taxis — shift from demo phases to paid rides in select markets. Every new launch pushes investors to weigh if Uber will collect a cut from those trips or if demand will bypass Uber and flow straight to fleet operators.
Uber will release its fourth-quarter results on Feb. 4, with the earnings call set for 8:00 a.m. ET. (Uber Investor Relations)
Evercore ISI’s Mark Mahaney stuck with an Outperform rating on Uber and held his $150 price target Monday, signaling about 80% upside from current prices. The firm highlighted that investors would favor multi-partner autonomous rollouts positioning Uber as a “durable demand gateway and fleet-utilization partner.” It pinpointed three key drivers: additional partner agreements, scalable city launches, and evidence Uber can sustain solid economics as autonomous miles grow. However, it cautioned that first-party robotaxi networks might grab demand directly or channel volume to rival aggregators sooner than expected. (Streetinsider)
Uber climbed alongside a wider rally in U.S. stocks, as the S&P 500-tracking SPY and the Nasdaq-tracking QQQ both added 0.6%. Lyft edged up 0.4%, and food-delivery rival DoorDash jumped 1.4%. Tesla, however, slipped 2.7%.
Tesla’s push into self-driving tech is a key factor behind why Uber’s autonomous vehicle strategy keeps coming up. “The value of the platform is … maximizing the installed base that can later be monetized through autonomy and software,” said Shay Boloor, chief market strategist at Futurum Equities. (Reuters)
New rules kicked in Monday in New York City, forcing apps to offer tipping options at checkout, with suggestions starting at 10%. DoorDash warned this could trigger “an immediate drop off in orders” for small businesses and cut deliveries. Uber, meanwhile, stayed silent, according to a report on the ongoing court battle. (Insurance Journal)
The near-term outlook is murky. If customers resist paying upfront tips, order volumes might take a hit in this fast-moving market. Rapid growth in robotaxi fleets could also squeeze take rates, especially if platforms start vying for the same supply.
Uber bulls are now focused on whether management can prove gross bookings—the total dollar value of transactions on its platform—are still climbing without costs spiraling. Traders will also watch for any early hints that regulatory shifts in food delivery aren’t dragging down overall demand.
The upcoming catalyst is the Feb. 4 earnings report and conference call. Investors will be watching closely for guidance and any new updates on autonomous partnerships, which are expected to shape trading in February.
