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Uber Technologies Inc. ($UBER) Stock Forecast: Up 10.8% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Uber Technologies Inc.?

Uber (NYSE: UBER) is a leading ride-hailing company that has been making strides in the autonomous vehicle space.

Why is Uber Technologies Inc. going up?

UBER stock is up 10.8% on Jun 24, 2025 16:42

  • The stock of Uber saw a significant increase in value today.
  • Uber's collaboration with Waymo to offer autonomous rides in Atlanta at no extra charge is believed to have played a part in the favorable market reaction.
  • The ambitious plans of competitor Pony for launching robotaxis and Tesla's innovative robotaxi approach might have also affected investor outlook.
  • The potential forthcoming details on GST regulations for ride-hailing companies like Uber could have implications on their financials and market standing going forward.

UBER Price Chart

UBER Technical Analysis

UBER News

UBER vs. PONY: Which Stock is Leading in Autonomous Ride-Hailing?

UBER inks AV deals with WeRide and NVIDIA, but PONY ramps robotaxi rollout and aims to have in excess of 1,000 robotaxis by 2025-end.

https://www.zacks.com/stock/news/2545043/uber-vs-pony-which-stock-is-leading-in-autonomous-ride-hailing

0 Missing News Article Image UBER vs. PONY: Which Stock is Leading in Autonomous Ride-Hailing?

Uber Stock Is Moving Higher Tuesday: What's Driving The Action? - Uber Technologies ( NYSE:UBER )

Uber riders can now be paired with a Waymo autonomous vehicle in Atlanta. Uber says its autonomous rides in Atlanta are currently being offered at no additional cost. Ready to turn the market's comeback into steady cash flow? Grab the top 3 stocks to buy right here.

https://www.benzinga.com/trading-ideas/movers/25/06/46073998/uber-stock-is-moving-higher-tuesday-whats-driving-the-action

1 News Article Image Uber Stock Is Moving Higher Tuesday: What's Driving The Action? - Uber Technologies  ( NYSE:UBER )

Tesla's $4.20 Robotaxi Disruption - Waymo Should Be Worried - Alphabet ( NASDAQ:GOOGL ) , Tesla ( NASDAQ:TSLA )

Tesla's Robotaxi rollout brings heat, but Waymo's 250,000 weekly rides and safety edge hold ground. Waymo still leads in utilization, cities, and user trust-Tesla's real test starts now. Ready to turn the market's comeback into steady cash flow? Grab the top 3 stocks to buy right here.

https://www.benzinga.com/markets/tech/25/06/46051889/teslas-4-20-robotaxi-disruption-waymo-should-be-worried

2 News Article Image Tesla's $4.20 Robotaxi Disruption - Waymo Should Be Worried - Alphabet  ( NASDAQ:GOOGL ) , Tesla  ( NASDAQ:TSLA )

Uber, KKR, Rocket Companies And An Industrial Stock On CNBC's 'Final Trades' - KKR ( NYSE:KKR ) , GXO Logistics ( NYSE:GXO )

Stephanie Link continues to buy Uber Technologies. Joshua Brown remains long on Rocket Companies. See how Matt Maley is positioning for post-Fed volatility and momentum-live this Sunday, June 22 at 1 PM ET.

https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46049694/uber-kkr-rocket-companies-and-an-industrial-stock-on-cnbcs-final-trades

3 News Article Image Uber, KKR, Rocket Companies And An Industrial Stock On CNBC's 'Final Trades' - KKR  ( NYSE:KKR ) , GXO Logistics  ( NYSE:GXO )

Ride-hailing firms to seek GST clarity from tax regulator - ETCFO

Ola, Uber, and Rapido will approach CBIC regarding GST on their SaaS model following conflicting rulings from the Karnataka AAR. Some firms avoid tax on subscriptions, creating inequality. The subscription model helps bypass the 5% GST. A Karnataka High Court order asked CBIC to clarify its ...

https://cfo.economictimes.indiatimes.com/news/tax-legal-accounting/ride-hailing-firms-to-seek-gst-clarity-from-tax-regulator/122014016

4 News Article Image Ride-hailing firms to seek GST clarity from tax regulator - ETCFO

Uber Technologies Inc. Price History

18.05.2025 - UBER Stock was down 2.2%

  • WeRide partnering with Uber for an autonomous vehicle pilot in Dubai could have raised concerns among investors about Uber's future competitiveness in the autonomous vehicle market, leading to a bearish sentiment.
  • The news about riders fearing robotaxi safety and paying more for Waymo's driverless experience might have highlighted potential challenges for Uber in gaining consumer trust in their autonomous vehicle technology, impacting the stock negatively.
  • The brokers' suggestion to invest in Uber and the bullish options activity on UBER could indicate conflicting sentiments in the market, with some investors optimistic about the stock's potential while others remain cautious, contributing to the volatility and bearish movement.
  • The announcement of Tesla's robotaxi service launch in Austin, Texas, and the skepticism from experts could have also influenced investor sentiment towards Uber, as competition in the autonomous vehicle space intensifies, potentially affecting Uber's long-term growth prospects.

25.03.2025 - UBER Stock was up 5.4%

  • Uber's stock experienced a strong bullish movement today following a partnership with Volkswagen to launch thousands of autonomous electric vehicles in the US, starting in Los Angeles by 2026.
  • Positive sentiment around Uber was further boosted by analyst comments highlighting the company's dominance in the ride-sharing and delivery market, showcasing consistent profitability and leadership in the industry.
  • Despite facing challenges such as a lawsuit alleging deceptive practices, Uber's strategic initiatives and market position seem to have outweighed the negative impact, driving the stock price higher.
  • Investors are likely optimistic about Uber's future growth prospects as it continues to innovate and expand its services, solidifying its position as a key player in the evolving transportation and delivery landscape.

03.03.2025 - UBER Stock was down 6.3%

  • Uber's stock experienced a bearish movement attributed to several factors:
  • Downgrade of Lyft by BofA, mentioning risks related to autonomous vehicles and pricing pressure, causing concerns about potential challenges for Uber.
  • Launch of autonomous delivery services by Serve Robotics in collaboration with Uber Eats, highlighting increased competition in the autonomous delivery sector, impacting investor confidence.
  • Collaboration between Uber and WeRide to introduce self-driving cars in Dubai, sparking queries about Uber's investment in autonomous technology and associated costs.
  • Despite a slight stock price increase in the previous trading day, prevailing market conditions and investor sentiment have driven a cautious approach, leading to the recent bearish movement.

07.03.2025 - UBER Stock was up 5.4%

  • Uber's stock showed significant bullish movement today, likely influenced by positive developments in the company's strategic partnerships and autonomous vehicle initiatives.
  • The rollout of autonomous delivery services in Dallas-Fort Worth through a partnership with Serve Robotics may have instilled optimism among investors regarding Uber's future growth prospects.
  • Furthermore, the collaboration with WeRide to introduce self-driving cars in Dubai is in line with Uber's commitment to advancing in the autonomous vehicle sector, adding to investor confidence.
  • Despite some pessimistic outlooks in the options market, the overall positive stance from well-capitalized investors indicates a favorable projection for Uber's stock performance in the short term.

07.04.2025 - UBER Stock was down 5.3%

  • Uber fell short of revenue expectations despite an 18% increase in trips, hinting at possible financial challenges.
  • Concerns about safety and regulatory hurdles in the autonomous vehicle industry may have arisen after Amazon's Zoox recalled over 270 driverless vehicles due to software issues and a crash in Las Vegas, impacting Uber's stock negatively.
  • WeRide and Uber joining forces for autonomous driving expansion might have highlighted competition in self-driving technology, potentially affecting Uber's stock.
  • Pony AI and Uber's collaboration on robotaxis' international rollout may have cast doubts on Uber's autonomous vehicle technology development, influencing investor sentiments towards a bearish trend.

24.05.2025 - UBER Stock was up 10.8%

  • The stock of Uber saw a significant increase in value today.
  • Uber's collaboration with Waymo to offer autonomous rides in Atlanta at no extra charge is believed to have played a part in the favorable market reaction.
  • The ambitious plans of competitor Pony for launching robotaxis and Tesla's innovative robotaxi approach might have also affected investor outlook.
  • The potential forthcoming details on GST regulations for ride-hailing companies like Uber could have implications on their financials and market standing going forward.

29.04.2025 - UBER Stock was down 5.1%

  • Uber's stock experienced a bearish movement today, possibly influenced by various factors:
  • The incident involving an American tourist being drugged by a fake Uber driver and robbed of $123K BTC, raising concerns about the safety and security of Uber's services.
  • Unusual options activity indicating a bearish stance on Uber Technologies by investors with significant capital, adding selling pressure on the stock.
  • Uber's legal director, Valentina Moreno Aristeguieta, highlighting the importance of visionary legal counsel, while the market focused on potential risks and challenges faced by the company, contributing to the bearish movement.

29.04.2025 - UBER Stock was down 5.2%

  • WeRide's progress in Robotaxi testing and the potential future full Uber deployment by late 2025 could pose a threat to Uber's market share. This has caused apprehension among investors and contributed to the bearish movement in Uber's stock.
  • The observed unusual bearish options activity on Uber Technologies likely impacted investor sentiment, playing a part in the stock's downward trend.
  • The recent incident involving a phony Uber driver drugging and stealing $123K BTC from a tourist may have raised doubts regarding the safety of using ride-hailing services like Uber, thus affecting the stock negatively.
  • Serve Robotics' rise subsequent to favorable analyst coverage, particularly with its Uber Eats collaboration, may have drawn attention to potential competition for Uber. This has further added to the bearish outlook surrounding the stock.

08.03.2025 - UBER Stock was up 7.8%

  • Uber's stock saw a strong bullish movement today, closing at $65.58, up by +1.49% from the previous session.
  • The positive market sentiment towards Uber could be attributed to the company's recent push into the autonomous vehicle sector, as highlighted by its partnership with WeRide in Dubai for robotaxi services.
  • Despite some bearish options market activity, with financial giants making notable moves, the overall investor sentiment seems optimistic, with earnings estimates on the rise for Uber.
  • The expansion of Serve Robotics' autonomous delivery service in partnership with Uber Eats could also be seen as a positive development, further boosting confidence in Uber's growth prospects in the delivery segment.

24.03.2025 - UBER Stock was up 5.2%

  • Uber's bullish movement is linked to a partnership with Volkswagen aiming to introduce thousands of autonomous electric vehicles in the US, with the launch starting in Los Angeles by 2026, illustrating Uber's dedication to innovation in the autonomous ride-hailing industry.
  • Despite a legal challenge from the Federal Trade Commission over alleged misleading billing and cancellation practices, Uber's stock surged, underlining investor confidence in the company's capacity to handle regulatory hurdles.
  • Positive remarks from Stock Strategist Andrew Rocco underlining Uber's strong position in the ride-sharing and delivery market added to investor enthusiasm and supported the upward trajectory of the stock.
  • The acquisition of a significant stake in Hertz Global Holdings by Bill Ackman's Pershing Square, and the subsequent rise in Hertz's stock value, likely contributed to an optimistic outlook in the broader transportation sector, which benefitted Uber's stock performance.

24.05.2025 - UBER Stock was up 6.1%

  • Today, Uber experienced significant upward movement, possibly driven by the company's efforts to seek GST clarity from tax regulators regarding its SaaS model. This proactive approach to regulatory matters may inspire investor confidence.
  • Moreover, Uber's introduction of AI labeling services post Meta's Scale acquisition could have piqued investor interest, showcasing potential diversification and innovation within the technology sector.
  • The positive sentiment surrounding tech equities, exemplified by Tesla's Robotaxi news and endorsements from Wall Street analysts for select tech firms' long-term potential, might have also influenced Uber's growth as part of the tech industry.

12.04.2025 - UBER Stock was up 5.4%

  • Uber's positive movement today is linked to the overall optimistic outlook on the company and the ride-hailing industry.
  • The recent rise in Lyft shares post their earnings report could have positively impacted Uber, signaling confidence in the industry.
  • Collaboration between Uber and Pony AI for robotaxis on the Uber platform may have boosted investor trust in Uber's self-driving vehicle initiatives.
  • Insights on Waymo's self-driving technology as a potential competitor to Uber from industry experts could be driving Uber to prioritize innovation and tech advancements for market leadership.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.