Uber Technologies (UBER)

This morning, Uber Technologies (UBER; $72.95; O/P) announced a multi-year strategic partnership with autonomous robot and vehicle technology provider Avride to ultimately deploy Avride-powered autonomous delivery robots and vehicles on Uber’s rideshare and delivery network….

This morning, Uber Technologies (UBER; $77.44; O/P) added yet another in a recent series of technology partnerships that seem aimed at accelerating a path to commercializing the deployment of autonomous vehicles (AVs) on its network,…

This morning, Uber Technologies (UBER; $71.40; O/P) announced it is expanding on its partnership with Alphabet’s (GOOGL; $157.41; NR) Waymo to deploy autonomous vehicles (AVs) powered by Waymo’s autonomous driving system (Waymo Driver) on Uber’s…

This morning, Uber Technologies (UBER; $71.67; O/P) announced a multi-year partnership with Turo, the world’s largest peer-to-peer carsharing marketplace, which will allow consumers located in Australia, Canada, France, the U.K. and the U.S. to rent…

Last week, Uber Technologies’ (UBER; $71.58; O/P) CEO Dara Khosrowshahi traveled to South Korea in another highly publicized overseas business trip, which we think provided some more support for the idea that underpenetrated geographies are…

This morning, Uber Technologies (UBER; $72.60; O/P) announced a new strategic partnership with autonomous vehicle (AV) technology provider Wayve to ultimately deploy Wayve-powered AVs on Uber’s rideshare and delivery network in “multiple” markets globally. As…

Last night (8/22), Uber Technologies (UBER; $73.31; O/P) announced a multi-year strategic partnership with General Motors’ (GM; $46.46; NR) Cruise unit whereby it will deploy autonomous vehicles (AVs) on Uber’s network. This agreement builds on…

We reiterate our Outperform on the shares of Uber Technologies (UBER; $64.87) and raise 2024/2025E EBITDA from $6.25B/$8.0B to $6.38B/$8.03B after the company delivered a clean “beat and raise” that demonstrated a still robust growth…

Uber Technologies (UBER; $58.48; O/P) posted Q2 adjusted EBITDA of $1,570mm (3.9% of gross bookings), which beat our forecast of $1,475mm (3.7% of gross bookings) and the Street’s $1,515mm (3.8% of gross bookings). Revenues of…

Earlier today, Bloomberg reported that the New York City Mayor’s Office reached an agreement with Lyft (LYFT; $12.14; O/P) and Uber Technologies (UBER; $64.75; O/P) that stated that the New York Taxi and Limousine Commission…

We expect support for our Outperform rating on the shares of Uber Technologies (UBER; $64.84; O/P) with its Q2 results next Tuesday (8/6 before market). Specifically, we expect our robust top line growth forecasts and…

We think a wide range of recent news flow out of Uber Technologies (UBER; $70.35; O/P) generally supports the idea that the company can continue to generate healthy operating leverage, led by its Mobility offering…

This morning, Aurora Innovation (AUR; $2.48; NR) and Uber Technologies’ (UBER; $71.79; O/P) Freight division announced an expansion of its three-year commercial pilot with the launch of Premier Autonomy, which is a newly formed program…

The shares of Uber Technologies (UBER; $65.67; O/P) continue to languish relative to mid-February highs, which seems to generally go against recent news flow from the company, a still healthy travel backdrop, especially since Mobility…

Last night, Uber Technologies (UBER; $64.99; O/P) announced it signed an agreement to acquire Delivery Hero’s (DHER.DE; €31.92; NR) foodpanda delivery business in Taiwan (foodpanda Taiwan) for $950mm in cash. We think this announcement further…