Uber: Robotaxi Path Remains Too Slow

What happened: A Seeking Alpha analyst argues Uber Technologies, Inc. ($UBER) lags in the U.S. robotaxi race and still forecasts ending 2027 without a real business. Key numbers: UBER projects only 2,000 robotaxis by the end of 2027, versus Waymo's 20,000 target and Tesla's plans for millions. Q3 revenue growth was under 10%, and operating margin was 3.9% of gross bookings. The stock trades at 15x 2027 EPS targets. Why it matters: The analyst sees the scale gap as an existential growth threat and calls the stock a value trap, recommending investors continue selling at current levels.

A Seeking Alpha analyst argues Uber Technologies, Inc. ($UBER) lags in the U.S. robotaxi race and still forecasts ending 2027 without a real business.

The analyst sees the scale gap as an existential growth threat and calls the stock a value trap, recommending investors continue selling at current levels.