New York, Jan 20, 2026, 21:06 EST — Market closed.
- Uber shares dropped 1.33% to $83.72 amid a broad risk-off move in U.S. stocks. 1
- KeyBanc cut its Uber price target to $105 from $110 but maintained its Overweight rating. 2
- BART and Uber have launched in-app booking and payment for short trips connecting to BART stations, offering limited-time discounts at launch. 3
Shares of Uber Technologies (UBER.N) dropped 1.3% to end Tuesday at $83.72, sliding alongside the broader market as investors shunned growth stocks.
The decline hit amid Wall Street’s sharpest tumble in three months, triggered by tariff fears and a flight to safer bets rattling risk appetite. The S&P 500 slid 2.06%, while the Nasdaq gave up 2.39%, according to Reuters. 4
KeyBanc trimmed its price target on Uber to $105 from $110 but held firm on its Overweight rating. The firm’s recent mobility and delivery survey pointed to better adoption, though the target was lowered due to “broader conservatism.” An Overweight rating suggests the stock is expected to outperform its peers. 5
Bay Area Rapid Transit announced that riders can now plan, book, and pay for short Uber trips directly within the official BART app. This marks a first/last mile initiative, bridging the distance between transit stops and riders’ starting points or destinations. Uber’s head of transit partnerships, Chris Margaronis, described the move as “a more flexible, reliable option,” adding, “Together, we’re reimagining how people move across the Bay Area.” 6
At Davos, Uber CEO Dara Khosrowshahi issued a warning about corporate AI adoption, calling out some firms for “play-acting” while noting that genuine transformation is “much harder than it sounds.” He explained that Uber’s breakthrough came only when teams abandoned attempts to fit AI into old policies and instead rebuilt processes from the ground up. 7
Peers delivered a mixed picture. Lyft slipped roughly 0.7%, while DoorDash inched up about 0.1%. Investors balanced ride-hailing and delivery demand amid a tough market environment.
Traders will be watching to see if Tuesday’s risk-off sentiment extends into Wednesday and whether analysts continue to lower targets on consumer-internet stocks. Uber has typically mirrored broader market moves on days dominated by policy news and interest rate shifts.
The spotlight next week remains on ride and delivery volumes, incentive spending, and Uber’s costs to hold market share in crucial cities. Investors are also watching autonomous-vehicle partnerships closely, where enthusiasm can quickly turn into concerns over expenses and timelines.
The downside is clear: if consumer demand weakens, trip growth could stall while promotions and insurance costs climb, squeezing margins and weighing on the stock’s multiple.
Uber will release its fourth-quarter and full-year 2025 results on Feb. 4. A conference call is scheduled for 8:00 a.m. ET, marking the next key event for the stock. 8
