Joby Aviation partners with Metropolis to build 25 U.S. vertiports, adding AI-driven infrastructure as it moves closer to air taxi launch.
Uber leads the global rideshare and delivery markets. Uber continues to grow its revenue and profits.
Uber Technologies (UBER) remains deeply undervalued. Q4 results show the business is accelerating, and profitability is improving. Autonomous driving provides upside potential as well as risk.
Uber and Lyft will start testing Baidu's Apollo Go robotaxis in London in 2026, joining Waymo and local startup Wayve as companies that will have autonomous vehicles in the city next year.
Uber and Lyft are both planning to launch driverless taxi trials in London in 2026, in separate partnerships with Chinese tech giant Baidu.
Uber Technologies and Lyft are teaming up with Chinese tech giant Baidu to try out driverless taxis in the UK next year, marking a major step in the global race to commercialize robotaxis.
Baidu's Apollo Go will begin robotaxi trials in the U.K. with Uber and with Lyft in 2026.
Chinese tech giant Baidu has announced plans to bring autonomous vehicles to London through its partnerships with Lyft and Uber, with testing to begin next year.
Uber Technologies is undervalued at 14.7x forward earnings, with current underperformance offering a compelling buying opportunity. Q3 results show strong momentum: trips and gross bookings are up 22% and 21%, respectively, with 20% y/y revenue growth and 33% Adj. EBITDA growth. Significant white space remains—only 15% of top-market populations use Uber, and cross-selling mobility and delivery is a key growth lever.
Uber delivered a significant earnings beat, but shares declined 10% post-report due to AV concerns and a prudent forecast. UBER's operating income missed estimates, impacted by a one-time $479 million legal/regulatory charge. Q4 guidance aligned with expectations, leading to cautious investor sentiment despite strong YoY growth in trips and MAPCs.
Uber Technologies offers a compelling long-term upside, with a 40% price target increase to $110/share by 2026. UBER's diversified robotaxi partnerships and massive global network mitigate competitive threats from Waymo and Tesla. Strong growth in delivery, instant retail, and AI-driven advertising underpins margin expansion and robust free cash flow.
UBER expands robotaxi rides to Dubai with WeRide, boosting AV reach as bookings in the Mobility and Delivery segments soar.