- Uber's Women Rider Preference program aims to boost safety and choice for women in the U.S.
- Average analyst price target for Uber suggests a potential 9.39% upside.
- Despite optimism, GuruFocus estimates a possible 14.71% downside.
Uber Technologies Inc. (NYSE: UBER) is expanding its innovative Women Rider Preference initiative to the United States. Originally launched in Saudi Arabia, this program allows women riders and drivers to mutually select each other for trips, thus enhancing safety and choice. The pilot will be rolled out in major cities including Los Angeles, San Francisco, and Detroit.
Wall Street Analysts Forecast
Analytical insights from 46 leading analysts set the stage for Uber's stock performance. The average one-year target price is pegged at $99.56, with optimistic projections reaching up to $120.00 and conservative estimates down to $76.00. This average target signals a potential upside of 9.39% from the current trading price of $91.02. For a deeper dive into these projections, visit the Uber Technologies Inc (UBER, Financial) Forecast page.
With evaluation from 54 brokerage firms, Uber Technologies Inc garners an average recommendation score of 2.0 — indicating an "Outperform" consensus. This rating operates on a scale from 1, meaning "Strong Buy," to 5, signifying "Sell."
Meanwhile, according to GuruFocus' proprietary metrics, the one-year GF Value estimate for Uber is $77.63. This suggests a potential downside of 14.71% against the current price of $91.02. The GF Value estimate takes into account historical trading multiples, past growth, and future business performance predictions. For comprehensive data, visit the Uber Technologies Inc (UBER, Financial) Summary page.
