Uber's stock recently dropped close to its 12-month low amid a slight earnings and revenue miss in Q2 2026, causing some bearish sentiment. However, the company reported record free cash flow of over $10 billion and 24% growth in gross bookings, indicating strong business momentum. Analysts see Uber trading at a reasonable earnings multiple with significant growth potential, especially from expanding autonomous vehicle operations and delivery profitability. The 24/7 Wall St. price target is $131.73, suggesting a 67.7% upside, with a buy recommendation based on expected EPS growth and ongoing platform expansion.
Uber and Chinese autonomous vehicle developer Pony.ai have expanded their partnership to deploy 2,000 self-driving taxis across Europe and extend their robotaxi services to the Middle East. This follows the launch of a commercial robotaxi service in ...
Uber and Chinese autonomous vehicle maker Pony.ai have announced plans to introduce 2,000 robotaxis in four European cities as part of their expanded partnership. Pony.ai will provide the autonomous driving technology, while Uber will leverage its ri...
Uber and Pony.ai announced plans to deploy 2,000 self-driving taxis across Europe and expand their robotaxi partnership to the Middle East. They recently launched Europe's first commercial robotaxi service in Zagreb, Croatia, and will roll out servic...
Pony.ai and Uber have expanded their partnership to deploy over 2,000 Pony.ai Robotaxis across Europe, adding four new cities beyond their initial service in Zagreb. This collaboration combines Pony.ai's Level 4 autonomous driving technology with Ube...
Uber Freight, the logistics arm of Uber, suffered a cyberattack by the Helix hacking group, which claims to have stolen emails, cloud files, and dispatch documents. Despite the breach, Uber Freight states its business operations remain unaffected and...
