Dara Khosrowshahi Just Gave Uber Investors Great News

The biggest risk facing Uber Technologies (UBER +1.58%) is the possible danger that autonomous vehicle (AV) technology poses to its dominant ride-hailing platform. Companies like Alphabet’s Waymo and Tesla could scale their own driverless services, making Uber obsolete.

This growth stock currently trades 28% below its peak from October 2025, as of March 10. Despite the market’s pessimism, CEO Dara Khosrowshahi recently gave Uber shareholders great news.

Image source: Getty Images.

“With the benefit of learning from multiple AV deployments around the world, we’re more convinced than ever that AVs will unlock a multitrillion-dollar opportunity for Uber,” he said on the Q4 2025 earnings call in early February.

Uber’s CEO believes that the company is in a very favorable position to benefit from advancements in the mobility market. After all, it has 202 million monthly active users, a robust technological infrastructure, an unmatched experience matching riders and drivers, and a global presence.

Expand

NYSE: UBER

Uber Technologies

Today’s Change

(1.58%) $1.15

Current Price

$74.12

Key Data Points

Market Cap

$150B

Day’s Range

$72.86 - $74.80

52wk Range

$60.63 - $101.99

Volume

254K

Avg Vol

21M

Gross Margin

32.89%

According to Khosrowshahi, AVs will add incremental demand. And in the future, a hybrid system that offers both AV trips and human drivers will exist. That’s because rider demand fluctuates way too much to make it economically feasible for AVs to control the entire market.

Consequently, the risk that AVs pose appears to be overblown. Uber’s competitive position is still very strong, as it plans to facilitate AV rides on its platform in 15 cities by the end of 2026, thanks to the numerous partnerships it has.