Uber deepens its Mastercard partnership, boosting payments, driver rewards and reach across global markets.
Uber's future is unclear, particularly considering the rise of autonomous vehicles being a potential boost or disruption to its mobility segment. In this article, we look at three possible scenarios for the future of Uber out to 2045. With two of these scenarios being potentially positive for shareholders and one being disastrous, we rate Uber a tentative 'buy' for the right investor.
Uber announced a "Women's Preferences" to allow women riders and drivers in the U.S. to only be connected with other women for their trips through the ride-sharing service.
In the most recent trading session, Uber Technologies (UBER) closed at $89.94, indicating a -2.02% shift from the previous trading day.
Uber's determination to emerge as the ride-share/robo-taxi platform market leader has been exemplified by the growing partnerships with Waymo, Lucid, and Volkswagen, amongst others. For now, the company remains more than well capitalized to embark on the ambitious autonomous investments, thanks to the richer Free Cash Flow generations and stable balance sheet health. Uber's key differentiator will be the well-diversified mobility offerings across ride-share, grocery/ food deliveries, freight/ logistics, instant commerce, and advertising, amongst others.
Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The Investment Committee debate the latest Calls of the Day.
Uber Technologies (UBER 0.03%) has come a long way from its early days as a cash-burning disruptor of the taxi industry. Today, it's a profitable global platform with multiple engines of growth that span mobility, food delivery, logistics, and advertising.
UBER teams with Baidu, Lucid and Nuro to scale autonomous ride-hailing across global markets, aiming for long-term growth.
Uber is a dominant, profitable, asset-light platform benefiting from secular trends in mobility and delivery, with strong global brand and network effects. Autonomous vehicles (AVs) are a key catalyst, poised to enhance Uber's margins, reduce regulatory risks, and expand its addressable market. Autonomous vehicles (AVs) have the potential to reduce labor classification disputes inherent in the gig-economy model.
The rideshare company plans to invest several hundred million dollars into the program.
Uber is investing hundreds of millions into the robotaxi wars. The company partnered with Lucid, which makes the Gravity EVs that Uber will use in its robotaxi fleet.