Waymo is Scaling Faster than Analysts Expected -- Market Talk
Dow Jones
Yesterday
1526 ET - New data from Waymo shows the Alphabet-owned unit is scaling faster than Wall Street expects. The autonomous vehicle company's cumulative miles driven through year-end came in 6% ahead of Morgan Stanley analysts' forecast, with better-than-expected growth across all geographies, the analysts say in a note. Waymo trips per week also continue to inflect, up about five times since August 2024, they say. The analysts expect Waymo's growth to continue as it launches in more cities and increases its fleet per city. However, fleet size and how quickly the company can scale the fleet will be a constraint, they say. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
March 26, 2026 15:26 ET (19:26 GMT)
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