Uber has struck another deal with a robotaxi provider, and this time it's with Chinese tech giant Baidu.
UBER rides on strong gross bookings growth across mobility and delivery, with the second-quarter outlook pointing to 16-20% gains.
The race for artificial intelligence is one of the biggest gold mines in the global economy and the technology sector. The development of better models can spur growth in unrelated areas that most investors haven't seen coming.
Uber Technologies (UBER) reached $95.39 at the closing of the latest trading day, reflecting a -1.05% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Uber's market-leading position and strong brand create a durable MOAT, despite fears about autonomous vehicles disrupting its business model. Partnerships with Waymo, Cruise, and Volkswagen position Uber to benefit from the autonomous vehicle shift, rather than be disrupted by it. Financial performance is robust, with strong revenue, EBITDA, and free cash flow growth expected to continue through 2026 and beyond.
Uber (UBER) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
While financial headlines often dwell on risk, uncertainty, and macro noise, savvy investors know we're living through one of the most exciting and profitable periods in market history. From autonomous vehicles and digital assets to the exponential growth of AI and the broader digital economy, the technological megatrends shaping today's markets are powerful and enduring.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) has earned a price target boost to $115 from $97 from Bank of America analysts, who cited a series of positive developments spanning policy tailwinds, autonomous vehicle momentum, and accelerating bookings growth. Shares of Uber traded hands at about $97 on Tuesday afternoon.
Uber hits a 52-week high as strong earnings, bullish guidance and AV ambitions fuel its 60% YTD surge.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Matt Tuttle says there's no comparison between Uber (UBER) and Lyft (LYFT). He thinks Uber is a long-term hold and something to own for 5-years or more.