- Uber and Waymo introduce robotaxi services in Atlanta, marking a significant expansion in their autonomous vehicle offerings.
- Analysts predict a potential 13.38% rise in Uber's stock price, with a range between $76.00 and $115.00.
- GuruFocus estimates project a 10.01% downside in Uber's future trading value, based on historical stock performance.
Uber (UBER, Financial) and Waymo have taken a notable step in the autonomous vehicle market by launching their innovative robotaxi service in Atlanta. This development means users within a 65-square-mile area can now conveniently book rides via the Uber app. Following a successful rollout in Austin, this move intensifies competition within the autonomous sector.
Wall Street Analysts Forecast
In evaluating Uber Technologies Inc (UBER, Financial), 45 analysts have provided one-year price targets, with the average target set at $96.65. Estimates range from a high of $115.00 to a low of $76.00, suggesting a potential 13.38% upside from the current trading price of $85.24. For a more detailed breakdown, visit the Uber Technologies Inc (UBER) Forecast page.
According to 54 brokerage firms, Uber Technologies Inc (UBER, Financial) holds an average brokerage recommendation of 1.9, categorizing it as "Outperform." This ranking uses a scale from 1 to 5, where 1 represents a Strong Buy, and 5 signifies a Sell.
GuruFocus estimates indicate that the GF Value for Uber Technologies Inc (UBER, Financial) one year from now is projected to be $76.71, implying a 10.01% downside from the current price of $85.24. GF Value reflects GuruFocus' calculated fair value of the stock, derived from historical trading multiples, past business growth, and future performance estimates. Additional data is available on the Uber Technologies Inc (UBER) Summary page.
