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Uber Announces Partnership to Bring Robotaxis to Europe in 2026
CNET· 2025-05-02 20:58
Core Insights - Uber has announced a partnership with Momenta to introduce robotaxis in Europe by 2026, which will be integrated into the Uber app outside of the US and China [1][2] - The robotaxis will operate with safety operators present in the vehicles to ensure passenger safety during the initial rollout [1] - This collaboration aims to leverage Uber's ridesharing expertise alongside Momenta's autonomous driving technology to enhance global mobility options [2] Company Developments - Uber is expanding its self-driving car initiatives, having recently partnered with May Mobility to deploy thousands of autonomous vehicles on its platform, starting in Arlington, Texas later this year [3] - The company has established multiple partnerships in the autonomous driving sector, including collaborations with WeRide and Wayve, indicating a strategic focus on enhancing its self-driving capabilities [3] - Uber previously had its own self-driving division, which was sold to Aurora Innovation in 2020, marking a shift in its approach to autonomous vehicle development [3]
Uber's latest autonomous vehicle partner? Chinese startup Momenta
TechCrunch· 2025-05-02 18:12
Core Insights - Uber has announced a new partnership with Chinese self-driving firm Momenta to enhance its autonomous vehicle capabilities, leveraging its existing ride-hail and delivery services while relying on external partners for self-driving technology [1][2] - The partnership will see Momenta's robotaxis integrated into the Uber app in Europe starting in early 2026, with safety operators present in the vehicles [2] - This collaboration follows Uber's recent addition of May Mobility to its list of autonomous vehicle partners, which includes several other companies like Volkswagen and Waymo [1][2] - The strategic partnerships are in response to potential competition from Tesla, which plans to launch its own robotaxi service in Austin this summer [2] - Uber previously had its own self-driving unit but sold it to Aurora Innovation in 2020, indicating a shift in strategy towards collaboration rather than in-house development [3]
Buy, Sell or Hold UBER Stock? Key Insights Ahead of Q1 Earnings
ZACKS· 2025-05-02 16:50
Uber Technologies (UBER) is slated to release first-quarter 2025 results on May 7, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 51 cents per share and $11.6 billion, respectively.The earnings estimate for the to-be-reported quarter has improved by 2% over the past 60 days. UBER incurred a loss of 32 cents in the first quarter of 2024. The Zacks Consensus Estimate for quarterly revenues suggests a 14.5% uptick from the year-ago quarter’s ...
Uber inks robotaxi deal with Momenta to launch service in Europe next year
CNBC· 2025-05-02 16:33
A passenger walks near Uber signage after arriving at Los Angeles International Airport in Los Angeles, California, on July 10, 2022.Uber said on Friday that it's partnering with Chinese self-driving startup Momenta to launch robotaxi services outside of the U.S. and China.The first deployment is scheduled to roll out in Europe in early 2026, with safety operators onboard. Uber said the goal is to combine its global ridesharing network with Momenta's technology to deliver safe and efficient robotaxi service ...
Seeking Clues to Uber (UBER) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-05-02 14:21
The upcoming report from Uber Technologies (UBER) is expected to reveal quarterly earnings of $0.51 per share, indicating an increase of 259.4% compared to the year-ago period. Analysts forecast revenues of $11.6 billion, representing an increase of 14.5% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior ...
Uber Adds May Mobility to Its Roster of Self-Driving Vehicle Partnerships
CNET· 2025-05-01 18:37
Table of Contents Uber Adds May Mobility to Its Roster of Self-Driving Vehicle Partnerships Uber is teaming up with May Mobility, a developer of self-driving technology, to make thousands of autonomous vehicles available via the Uber app over the next few years. The partnership will kick off with a launch in Arlington, Texas, by the end of 2025, the companies said Thursday. "The partnership highlights both companies' shared ambition to quickly scale AV (autonomous vehicle) use in ride-hail, broadening acc ...
Uber 似乎被严重低估,但我仍然无法说服自己购买它
美股研究社· 2025-05-01 09:30
作者 |Piotr Kasprzyk 尽管大部分分析师给予优步 ( NYSE: UBER ) 的评级为"强力买入"。但我依旧觉得优步不值得入手。 比 尔 · 阿 克 曼 效 应 2025年2月7日,华尔街著名人物比尔·阿克曼宣布,他已在优步(Uber)增持了20亿美元股票。这一消息起到了催化剂的作用,一度推高了股 价。尽管比尔·阿克曼是一位受人尊敬的投资者,也是投资界许多人敬仰的人物,但在长期买入并持有股票方面,他并非最可靠的投资者。 他在加拿大太平洋堪萨斯城有限公司(CP)的持仓并非一项回报丰厚的投资。他于2021年底开始投资。当然,时间还不够长,不足以做出判断。然而 委婉地说,这是一家增长非常缓慢的公司。自最初购买以来,股价一直没有上涨。 Netflix(NFLX)可能是他近年来最著名的收购案。然而,这笔收购最终以失败告终。比尔·阿克曼以平均416.3美元的价格收购了该公司,并以 平均221.7美元的价格出售了全部股份,最终亏损了46.7%。 过 于 乐 观 的 预 测 Uber 在其 2024 年第四季度补充数据中自豪地表示,自动驾驶仅在美国就能占据超过 1 万亿美元的市场份额。 对于那些因为管理层有最 ...
ITF Group is Honored as Regional Truckload Carrier of the Year in Uber Freight's 2024 Carrier Awards
GlobeNewswire News Room· 2025-04-29 17:05
HAZELWOOD, Mo., April 29, 2025 (GLOBE NEWSWIRE) -- ITF Group has been honored as one of the Regional Truckload Carriers of the Year in Uber Freight’s prestigious 2024 Carrier Awards, recognizing top-performing carriers across its vast logistics network. Each year, Uber Freight honors standout carriers that demonstrate exceptional service, operational excellence, and commitment to innovation in the past year. The 2024 awards program recognized leaders across a wide range of categories, including long-haul an ...
UBER vs. LYFT: Which Ride-Hailing Stock is a Stronger Play Now?
ZACKS· 2025-04-29 17:01
Uber Technologies (UBER) and Lyft (LYFT) are two well-known names in the ride-hailing space. The companies have played a big part in revolutionizing the transportation industry with their innovative business models centered around ride-sharing. Uber, based in San Francisco, is highly active on the diversification front, operating globally. Even though Uber’s primary business is ride-sharing, it has diversified into food delivery and freight over time. The goal seems to be to expand rapidly on a number of fr ...
Uber: Compounder With AV Tailwind
Seeking Alpha· 2025-04-29 16:36
I believe in the long-term that UBER will be a winner in the autonomous vehicle (AV) trend. Firstly, the potential market is huge. Secondly, Uber seemsI am a Long/Short Generalist that focuses on high-quality companies with short-term headwinds and misunderstood narratives around the stock. I also focus on event-driven strategies. I have several years of buyside experience but recently took a break from this industry. Now I am slowly getting back into investing. There is always money in the banana stand!Ana ...