From Yahoo Finance: 2025-05-10 06:12:00

Uber Technologies serves 170 million monthly users with ride-hailing, food delivery, and freight services. CEO anticipates a $1 trillion opportunity in U.S. autonomous mobility, potentially leading to a fivefold return for investors. Partnerships with 18 companies for autonomous vehicles could save billions annually, transforming financial results. Uber reported $42.8 billion in gross bookings and $1.7 billion in net income in Q1 2025, highlighting the potential impact of autonomous vehicles on its economics. With the goal of increasing revenue and profit, Uber is actively pursuing partnerships with autonomous vehicle developers and leveraging advanced technology like Nvidia’s DGX Cloud supercomputer platform for data processing. Uber’s stock trades at a price-to-sales ratio of around 4, indicating potential for growth, with the company needing to generate significant revenue by 2035 to justify a fivefold return for investors. Despite expected slower revenue growth in the short term, Uber’s shift to autonomous vehicles could be a significant revenue driver, potentially worth over $1 trillion in the U.S. alone.

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