Uber(US:UBER) Zhi Tong Cai Jing·2026-02-04 14:19Core Viewpoint - Uber Technologies Inc. reported weak earnings guidance while announcing a new CFO who is a strong advocate for autonomous vehicles, indicating a strategic focus on Robotaxi as a key revenue driver for the future [1][4][10] Financial Performance - Uber's stock fell over 9% in pre-market trading following the disappointing earnings outlook [2] - The adjusted earnings per share for Q1 is projected to be between $0.65 and $0.72, below Wall Street's expectation of approximately $0.77 [2] - The total bookings for Q1 are expected to be between $52 billion and $53.5 billion, indicating a year-over-year growth of 17% to 21%, which is significantly higher than Wall Street's average expectations [2] - In Q4, Uber reported a record operating profit of $1.8 billion, a 130% year-over-year increase, with total revenue of approximately $14.37 billion, up 20% year-over-year, aligning with Wall Street's expectations [2] Strategic Developments - Uber has invested hundreds of millions in autonomous driving technology partners and plans to scale Robotaxi deployment on its platform [4][9] - The new CFO, Balaji Krishnamurthy, is known for supporting Uber's fully autonomous driving strategy and has defended the company's position against competitors like Waymo and Tesla [4][10] - Uber's CEO highlighted strong demand in the ridesharing market, with expectations for growth in bookings and ride volumes in the U.S. market by 2026 [5][6] Robotaxi Initiative - Uber aims to commercialize its Robotaxi strategy, planning to launch in over 10 markets by the end of the year, including Houston, Hong Kong, Madrid, and Zurich [7] - The company believes that Robotaxi can drive significant growth in the ridesharing industry and is not a zero-sum game [7][8] - Uber's partnership with Mercedes-Benz and NVIDIA to build a global Robotaxi platform signifies a major step in expanding its autonomous vehicle ecosystem [9][10]