Uber(US:UBER) Yahoo Finance·2026-02-07 16:32Core Insights - Uber is expanding its focus on autonomous vehicles (AVs), viewing it as a significant growth opportunity that could unlock a "multitrillion-dollar opportunity" over time [3][4] - The company aims to have robotaxis operating in 15 cities by the end of the year, indicating a strong commitment to leading in the autonomous sector [3][4] - Despite recent earnings misses, Uber's long-term strategy in autonomy is seen as a key factor shaping its future outlook [4][8] Company Performance - Uber has completed over 72 billion trips since its launch in 2010, evolving from a ride-hailing service to a global platform that includes food delivery and freight services [2] - In the fourth quarter of fiscal 2025, Uber reported a revenue increase of 20% year-over-year to $14.37 billion, slightly exceeding Wall Street's expectations [10] - The mobility segment generated $8.2 billion, up 19% year-over-year, while delivery revenue surged 30% year-over-year to $4.9 billion [11] Financial Metrics - Adjusted EPS for the fourth quarter was $0.71, a 27% increase year-over-year but below the expected $0.79 [11] - On a GAAP basis, net income was $296 million, significantly down from $6.88 billion the previous year, impacted by a $1.6 billion net pre-tax headwind [12] - Total trips increased by 22% year-over-year to 3.8 billion, with gross bookings rising 22% to $54.1 billion [13] Future Outlook - For the first quarter of fiscal 2026, Uber forecasts gross bookings between $52 billion and $53.5 billion, representing 17% to 21% year-over-year growth [14] - The company anticipates non-GAAP EPS of $0.65 to $0.72, implying a 37% year-over-year growth at the midpoint [14] Analyst Sentiment - Despite recent quarterly results disappointing some investors, Wall Street maintains an optimistic view on Uber, with a consensus "Strong Buy" rating [15] - Out of 51 analysts, 37 rate it a "Strong Buy," with an average price target of $107.07, suggesting a potential upside of approximately 43% [16]