Uber Technologies Inc. ($UBER) Stock Forecast: Down 5.5% Today

What is Uber Technologies Inc.?

Uber Technologies Inc. is a multinational ride-hailing company known for its innovative approach to transportation services. Today, the stock of Uber had a strong bearish movement in the market.

Why is Uber Technologies Inc. going down?

UBER stock is down 5.5% on Feb 4, 2026 20:16

• Uber's stock experienced a bearish movement despite reporting a significant jump in fourth-quarter revenue, driven by increased trips and users. The market may have reacted negatively due to the company's profit decline caused by net headwinds from equity investment revaluations.
• The announcement of Uber expanding its robotaxi services to new markets like Hong Kong, Madrid, Houston, and Zurich could have raised concerns among investors about the high investment costs involved in this venture, impacting the stock price negatively.
• The strategic partnership between Hesai Technology and Grab for LiDAR deployment in Southeast Asia may have also influenced market sentiment, with investors possibly questioning Uber's competitive positioning in the autonomous systems and robotics space.
• Despite positive news from other companies like ATI Inc beating earnings estimates and providing optimistic guidance, Uber's bearish movement today suggests that specific concerns related to its financial performance and expansion strategies weighed down on investor confidence.

UBER Price Chart

UBER Technical Analysis

UBER News

Hesai and Grab Announce Strategic Partnership to Accelerate LiDAR Deployment Across Southeast Asia

Hesai Technology and Grab have formed a strategic partnership for LiDAR deployment across Southeast Asia. Grab will serve as Hesai's exclusive distributor in the region, handling sales, customer support, and marketing for its LiDAR products. This collaboration aims to scale LiDAR adoption from early validation to large-scale commercial deployment, supporting the broader use of autonomous systems and robotics across various industries in Southeast Asia.

https://theaiinsider.tech/2026/02/04/hesai-and-grab-announce-strategic-partnership-to-accelerate-lidar-deployment-across-southeast-asia/

enGene CEO to Highlight Genetic Medicine Strategy at Guggenheim Biotech Summit 2026

enGene Holdings' CEO, Ron Cooper, will participate in a fireside chat at the Guggenheim Emerging Outlook Biotech Summit 2026 on February 11, 2026. This participation aims to increase visibility for enGene's bladder cancer program and its non-viral genetic medicine platform among biotech investors. Despite a weak financial performance highlighted by TipRanks' AI Analyst Spark, the company's recent $130M financing improves its funding runway, while its stock currently holds a "Hold" rating with a $9.50 price target.

https://www.tipranks.com/news/company-announcements/engene-ceo-to-highlight-genetic-medicine-strategy-at-guggenheim-biotech-summit-2026

Uber Technologies Revenue Jumps on Increased Trips, Users

Uber Technologies reported a significant jump in fourth-quarter revenue, increasing 20% to $14.37 billion, driven by higher trip volumes and an increase in active users. Despite the revenue growth, the company's profit fell to $296 million due to a $1.6 billion net headwind from revaluations of its equity investments. This performance slightly exceeded Wall Street's revenue expectations.

https://www.wsj.com/business/earnings/uber-technologies-revenue-jumps-on-increased-trips-users-da9ffd47?gaa_at=eafs&gaa_n=AWEtsqe4IqjWmxaFaH7gpSNyohNAE1PeVfpU25nOreW0HMf6a8LBjc9c7c1H&gaa_ts=69833e41&gaa_sig=mWnGt5HLKHb_DkNL0H7Qu2f5GN3Cbo7ybYGPDGO6nynCZq9fHpNqw6hL6OQAGGFgH6EM8Q7_KY57tYPGocoMQQ%3D%3D

Uber to Launch Robotaxi Services in Hong Kong, Madrid, Houston, Zurich

Uber Technologies Inc. is expanding its robotaxi services to Hong Kong, Madrid, Houston, and Zurich, investing hundreds of millions into the emerging industry. Hong Kong will mark Uber's first robotaxi market in Asia, signaling a significant push into autonomous ride-hailing globally. This expansion was announced during a recent earnings presentation.

https://www.bloomberg.com/news/articles/2026-02-04/uber-to-launch-robotaxi-services-in-hong-kong-madrid-houston-zurich

ATI Inc earnings beat by $0.06, revenue topped estimates

ATI Inc (NYSE: ATI) reported strong fourth-quarter results, beating analyst estimates with an EPS of $0.93 against a consensus of $0.87, and revenue of $1.2 billion, exceeding the $1.19 billion estimate. The company also provided optimistic guidance for Q1 and FY 2026, forecasting higher EPS than analyst consensus. ATI's stock has shown significant growth, up 24.70% in the last three months and 91.10% over the past year.

https://ng.investing.com/news/earnings/ati-inc-earnings-beat-by-006-revenue-topped-estimates-2320118

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Uber Technologies Inc. Price History

03.01.2026 - UBER Stock was down 5.1%

• Uber's stock faced a bearish trend despite positive news from other companies and the overall mixed performance in the market.
• The acquisition of a substantial number of shares by Transcendent Capital Group LLC did not seem to positively impact Uber's stock performance.
• The bearish movement could be attributed to concerns about Uber's financial outlook, potential regulatory challenges, or overall market sentiment affecting tech stocks.
• Investors may be cautious due to the high P/E ratio and bearish technical indicators mentioned in a dividend announcement, leading to a "Hold" rating on Uber stock by analysts.

05.00.2026 - UBER Stock was up 1.6%

• Uber's stock experienced a bullish movement despite being downgraded to "Sell" by Melius Research, indicating a disconnect between analyst sentiment and market performance.
• Concerns over increasing competition from autonomous vehicle players like Waymo and Baidu have led to a recent downgrade, raising questions about Uber's long-term growth potential.
• Uber reported strong third-quarter earnings, surpassing expectations with solid financial performance, which likely contributed to the positive market sentiment.
• Uber's restructuring of UK driver contracts to navigate a new tax regulation may have positively impacted investor confidence, showcasing the company's adaptability and strategic decision-making in response to regulatory changes.

05.00.2026 - UBER Stock was up 3.3%

• Despite a downgrade to "Sell" by an analysis firm, Uber's stock demonstrated resilience, experiencing a notable bullish trend.
• The third-quarter earnings report surpassed expectations, reporting $3.11 EPS and $13.47 billion in revenue, likely contributing to positive market sentiment.
• Adjusting UK driver contracts to counteract a new minicab fare tax showcased Uber's adaptability to regulatory challenges, potentially bolstering investor confidence.
• Anticipation for upcoming US economic data and Uber's next earnings report in early February are driving factors for investor interest and confidence in the stock's future growth potential.

03.11.2025 - UBER Stock was up 5.7%

• The bullish movement in Uber's stock today can be attributed to the launch of its robotaxi service in Dallas through a partnership with Avride. This new initiative not only showcases Uber's commitment to technological innovation but also aligns with its growth strategy, which has been driving revenue growth and investor confidence.
• The increase in institutional holdings, as seen with 1832 Asset Management L.P. raising its stake in Uber by 11.1%, indicates growing investor interest and confidence in the company's future prospects.
• Despite some insider selling activities, including sales by CEO Dara Khosrowshahi and CFO Prashanth Mahendra-Rajah, the overall positive sentiment from analysts and investors, as well as the successful launch of the robotaxi service, have contributed to the bullish movement in Uber's stock today.

06.00.2026 - UBER Stock was up 5.3%

• Uber's bullish movement today can be attributed to the unveiling of a production-intent robotaxi at CES in collaboration with Lucid and Nuro, showcasing advancements in autonomous driving technology and potential for future growth.
• The increased stake in Uber by institutional investors like Spirepoint Private Client LLC and Robeco Institutional Asset Management B.V. signals confidence in the company's long-term prospects and positive quarterly performance.
• The strengthened partnership with TomTom to enhance routing and location services demonstrates Uber's commitment to improving operational efficiency and customer experience, potentially driving investor optimism.
• The overall positive sentiment surrounding Uber amidst CES 2026, where major tech companies are showcasing advancements in AI, further boosts the company's position in the market and investor confidence in its innovative initiatives.

06.00.2026 - UBER Stock was up 1.8%

• The bullish movement in Uber's stock can be attributed to significant stake increases by institutional investors like Spirepoint Private Client LLC and Robeco Institutional Asset Management B.V., reflecting confidence in the company's growth prospects.
• The renewal and strengthening of the partnership between Uber and TomTom N.V. likely contributed to investor optimism, signaling a commitment to improving operational efficiency and customer experience.
• The unveiling of advancements in robotaxi technology at CES 2026, where Uber showcased its collaboration with Lucid and Nuro, might have also boosted investor sentiment, highlighting the company's innovation in the autonomous driving space.
• Despite concerns over legal challenges and competition, Uber's strong quarterly performance, strategic partnerships, and technological advancements seem to have outweighed the risks, leading to the bullish market movement.

04.01.2026 - UBER Stock was down 7.4%

• Fourth-quarter revenue saw a significant increase, but low profits led to bearish movement in Uber's stock, attributed to revaluations of equity investments.
• The launch of robotaxi services in new markets like Hong Kong, Madrid, Houston, and Zurich may present growth opportunities, although investors could be wary of the associated high investment costs.
• A legal dispute involving a claim for $144 million by an Uber rider for an assault incident could impact the company's reputation and pose legal challenges.
• The market is closely monitoring the upcoming earnings report to gauge how Uber addresses concerns regarding profitability, margin pressures, and the effects of expanding robotaxi partnerships on future financial performance.

04.01.2026 - UBER Stock was down 5.5%

• Uber's stock experienced a bearish movement despite reporting a significant jump in fourth-quarter revenue, driven by increased trips and users. The market may have reacted negatively due to the company's profit decline caused by net headwinds from equity investment revaluations.
• The announcement of Uber expanding its robotaxi services to new markets like Hong Kong, Madrid, Houston, and Zurich could have raised concerns among investors about the high investment costs involved in this venture, impacting the stock price negatively.
• The strategic partnership between Hesai Technology and Grab for LiDAR deployment in Southeast Asia may have also influenced market sentiment, with investors possibly questioning Uber's competitive positioning in the autonomous systems and robotics space.
• Despite positive news from other companies like ATI Inc beating earnings estimates and providing optimistic guidance, Uber's bearish movement today suggests that specific concerns related to its financial performance and expansion strategies weighed down on investor confidence.

20.10.2025 - UBER Stock was down 3.6%

• Concerns regarding the profitability and scalability of Uber's autonomous delivery services were potentially raised by the partnership with Shake Shack for robot deliveries in Chicago. This fueled investor skepticism and resulted in selling pressure on the stock.
• Despite the innovative nature of the Uber Ski service introduction, it may not have been sufficient to counterbalance the prevailing negative sentiment surrounding the company's core ride-hailing business, contributing to the bearish movement.
• The revenue potential from the collaboration between Serve Robotics and DoorDash might have been overshadowed by broader market dynamics or internal challenges within Uber. This elicited a reevaluation of the stock's growth prospects by investors.
• DoorDash's robust revenue performance and marketplace expansion inadvertently emphasized Uber's struggles in the food delivery sector. This comparative analysis negatively impacted Uber's stock value.

10.11.2025 - UBER Stock was down 5.1%

• Uber's stock declined by approximately 5% due to regulatory issues in Europe, such as potential reductions in ride-hailing licenses and legal disputes related to its pay algorithms.
• Negative market sentiment was exacerbated by the reduction of electric vehicle incentives and mixed analyst opinions, raising worries about the company's valuation and insider trading activities.
• Despite these challenges, Uber reported strong growth and profitability in Q3 2025, fueled by the growth of robotaxi offerings and increased advertising revenue.
• The stock's movement reflected concerns about regulatory uncertainties, valuation, and general market sentiment, overshadowing Uber's recent positive financial performance.

10.11.2025 - UBER Stock was down 5.2%

• Uber's decision to slash incentives for drivers to use electric vehicles may have contributed to the bearish movement, signaling a shift in the company's sustainability efforts and potentially impacting driver loyalty and adoption of cleaner cars.
• The regulatory pressure in Europe and the price target reduction could have added to the negative sentiment around Uber's stock, highlighting concerns about the company's operations and growth prospects in key markets.
• Despite the setback, Uber's strategic investment in Japan's taxi market could be a positive long-term move, but the immediate focus on regulatory challenges and reduced incentives may have overshadowed this potential growth opportunity.
• The launch of Uber Intelligence insights platform may offer a new revenue stream through advertising, but the market might be reacting more strongly to the immediate challenges and changes in Uber's core operations, leading to the bearish movement in the stock today.

10.11.2025 - UBER Stock was down 8.2%

• The bearish movement in Uber's stock today could be attributed to the company's decision to scale back its incentives and commitment to electric vehicles. This shift in strategy, despite previous pledges and record profits, has raised concerns among drivers who had invested in EVs, potentially leading to a decrease in driver satisfaction and loyalty.
• Additionally, Elon Musk's announcement about Tesla robotaxis becoming fully driverless in Austin by 2026 could have impacted Uber's stock negatively. The advancement of autonomous driving technology poses a threat to traditional ride-hailing services like Uber, as it could potentially disrupt the industry and change consumer preferences.
• Uber's launch of airport kiosks to simplify ride booking may not have had an immediate positive impact on the stock, as investors might be waiting to see the effectiveness of this initiative in attracting more users and increasing revenue. The company's efforts to enhance user experience and expand services are commendable, but the market might be cautious about the execution and long-term implications.
• Lastly, Uber's commitment to invest $2 billion in Japan's taxi market could be seen as a positive long-term strategy, but the immediate focus on capital allocation and expansion might have raised concerns about short-term profitability and return on investment, leading to a bearish sentiment among investors.