Investment
Features
FeesSafety
Academy
More
Pluang+

Uber's profits soar but stock stalls amid fears of costly autonomous vehicle competition.

Market News
08 Sep 2026
24/7 Wall Street
View Source
Neutral
Uber's profits soar but stock stalls amid fears of costly autonomous vehicle competition.

Uber's profits doubled and free cash flow surpassed $10 billion, yet its stock price remains flat and down over the past year. The market appears to be pricing in risks from autonomous vehicle rivals like Waymo, which could disrupt Uber's dominance in ride-hailing. However, Uber's core business remains strong with billions of trips and a large active user base, and the company is expanding partnerships with multiple autonomous vehicle suppliers. The main concern is a potential capital-intensive subsidy war in autonomous driving that could pressure shareholder returns, but absent a major disruption, Uber's stock may be undervalued relative to its improving fundamentals.

More News (UBER)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App