Uber Technologies continues to garner significant attention from Wall Street analysts ahead of its upcoming earnings report. The company's stock is viewed with optimism with multiple analysts predicting close to a
30% upside, while it continues to be seen as deeply undervalued. Furthermore, Uber's moves in the realm of
Artificial Intelligence and Autonomous driving are also being closely watched, with its investments in AI stocks highly highlighted. Uber's announcement of a
$1.5 billion accelerated share repurchase program was welcomed by institutional investors, who presently own 85% of the company. Future prospects for Uber are considered strong, with some considering it among the best American stocks to buy and hold onto until
2025. Uber's recent pressures from NYC over driver pay hikes and an initiated lawsuit for fraud allegations, however, cast a shadow on its operations. Lastly, partnerships with major tech companies like
WeRide and
NVIDIA to accelerate autonomous mobility, and with
Avride for autonomous delivery, show Uber pushing forward on its innovation front.
Uber Technologies UBER News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 18:59:27 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 6