Uber's stock is down 30% from its 52-week high due to weak earnings guidance and concerns about robotaxi competition. However, Evercore ISI analyst Mark Mahaney forecasts the stock could more than double to $150 within a year, betting on Uber becoming the key platform for autonomous vehicle fleets. Uber's delivery segment is growing strongly, and the company has significant free cash flow, supporting potential buybacks. The stock trades at a relatively low forward P/E of 16, but risks remain if autonomous vehicle investments hurt margins or partnerships falter.
Uber trades at USD 68.82 on Pluang as of Oct 15, 2026 18:31 WIB, down 0.68% for the day. The stock remains well below its 52-week high of USD 99.72. Pluang users show a strong sell sentiment with 83% of orders being sell orders.
