Uber Technologies Stock - Robotaxi partnership expands in Europe
18.06.2026 - 16:01:49 | ad-hoc-news.de
Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 16:00 CET. Details in the imprint.
Uber Technologies (US90353T1007) is expanding its autonomous driving footprint in Europe with a planned commercial robotaxi launch in Zurich alongside partner WeRide, according to the company’s latest news update. Uber’s news page highlights the deal as the latest step in its robotaxi strategy.
All news and key data on Uber Technologies stock
Further background on Uber Technologies, recent filings and historical stock data can be found on the ad hoc news topic page and via the company’s own investor relations site.
Robotaxi deal with WeRide in Zurich
Uber’s latest update centers on a plan with Chinese autonomous driving specialist WeRide to launch a commercial robotaxi service in Zurich, further extending a European partnership that already covers activities in other cities. The announcement frames Zurich as a next testing ground for integrating robotaxis into Uber’s app.
The partnership underscores Uber’s strategy to work with external autonomous driving providers instead of developing full self-driving stacks in-house. WeRide contributes Level 4 autonomous technology and vehicles, while Uber brings its demand, routing and payments platform to the collaboration.
Thursday lens on chart and levels
On Thursday, the focus for Uber shares turns to the chart and key technical levels rather than fresh earnings numbers. Recent commentary from market analytics platforms has emphasized the stock’s pullback phases and the gap to certain fair-value estimates.
According to a GuruFocus analysis dated 06/17/2026, Uber shares recently fell 3.2% in a single session to $70.91, compared with an indicated GF Value estimate of $95.91 for the stock at that time. The service described the stock as trading about 26.1% below that fair-value metric.
Separate technical commentary from other services has highlighted how Uber shares can exhibit relatively wide daily trading ranges, with support and resistance zones shifting as sentiment around profitability and autonomous driving prospects alternates between optimism and caution.
How Uber Technologies makes its money
Uber Technologies primarily generates revenue through its Mobility, Delivery and Freight segments. The Mobility unit connects riders with drivers for trips booked via the Uber app, while Uber Eats handles food and grocery delivery from partner restaurants and retailers to end customers.
In addition, the Freight business matches shippers with carriers, using a digital marketplace and logistics tools to manage loads. Across these segments, Uber earns a service fee on each transaction, leveraging its technology platform and brand reach in more than 10,000 cities worldwide.
Where the stock trades today
Uber Technologies shares trade on the Nasdaq at $70.91 as of 06/17/2026, 21:59 ET.
Key facts on Uber Technologies stock
- Company: Uber Technologies, Inc.
- ISIN: US90353T1007
- WKN: A2PHHG
- Ticker: UBER
- Venue: Nasdaq
- Price (as of 06/17/2026, 21:59 ET): 70.91 USD
- Market cap: 144,000,000,000 USD (as of 06/17/2026)
- Sector / Industry: Communication Services / Ride-hailing & Delivery Platforms
- Index membership: S&P 500
- Next earnings date: 08/07/2026
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
