Uber, Lucid
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Uber’s innovation in autonomous vehicles, strong brand, and global scale make it a long-term investment with trillion-dollar potential. Find out why UBER has a Buy rating.
Uber's gross bookings, for both the mobility and delivery segments, are increasing at healthy double-digit rates. This demonstrates robust demand for its services. Wall Street consensus estimates call for revenue to increase 15% in 2025, 15% in 2026, and 13% in 2027.
HONG KONG -- The Hong Kong government on Tuesday unveiled proposals to regulate online ride-hailing services provided by tech companies like Uber, requiring platforms, cars and drivers to be licensed before hitting the road.
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100,
Despite growing competition from AV entrants in the ride-hailing market, sector giant Uber continues to make positive progress as it leans into partnerships with AV companies.
Uber has launched a 'Women Drivers' feature in Saudi Arabia, allowing female riders to request female drivers. The initiative aims to boost safety perceptions and economic opportunities for women in the conservative kingdom. Saudi Arabia has made several reforms to increase women's freedoms and is actively working to attract more female travelers.
Uber stock climbs 10.9% in June as company expands Waymo partnership to Atlanta, offering autonomous rides while Tesla struggles with robotaxi delays.