Uber shares fall on guidance; CEO confident in robotaxi move

Shares of Uber Technologies declined after the company's booking guidance fell short of market expectations. While investors focused on the slowdown in growth, the CEO's remarks that robotaxi initiatives would expand the overall business drew attention. The company's fourth-quarter gross bookings came in slightly below analysts' average estimates, putting pressure on the stock. Management emphasized that investments in autonomous vehicle technologies, in particular, would open new revenue streams in the long term and complement the existing mobility business. The CEO stated that the robotaxi fleet would strengthen the company's competitive position by lowering operational costs and improving service quality. However, in the near term, weak guidance and rising competition concerns negatively impacted share performance. Investors believe it will take time for the company's growth strategy to bear fruit. This is not investment advice.

📊 UBER — Piyasa Yorumu

▼ down · 65%

The company's weak guidance is weighing on the stock, creating downward pressure. Technical indicators support this decline, with the RSI at 27 in oversold territory and the price trading below both the 20-day and 50-day moving averages. The MACD is in negative territory and below its signal line, indicating weak short-term momentum. The CEO's confidence in the robotaxi move could be a positive long-term signal, but in the near term, selling pressure from the guidance may persist. Therefore, in a 1-3 day perspective, the downward movement is likely to continue, although oversold conditions could trigger a technical rebound.

RSI 14

27.0

MACD

-0.11

24h Δ

-4.14%

Canlı Grafikler