Uber Technologies Inc. ($UBER) Stock Forecast: Up 5.0% Today

What is Uber Technologies Inc.?

Uber (NYSE: UBER) is a leading ride-hailing and food delivery company with a global presence. The stock witnessed significant bullish activity in the market today.

Why is Uber Technologies Inc. going up?

UBER stock is up 5.0% on Mar 5, 2025 15:12

• A recent partnership between Delta Air Lines and Shake Shack, offering exclusive deals through Uber Eats, may have boosted investor confidence in Uber's food delivery segment.
• Increased options trading activity related to Uber Technologies indicates a positive outlook from investors, including institutions and high-net-worth individuals.
• The roll-out of autonomous rides in Austin in partnership with Waymo has generated excitement among investors about Uber's potential in the autonomous vehicle market.
• Recent criticism of Tesla's Full Self-Driving technology in comparison to Waymo, along with cautionary remarks about Uber's positioning, could be contributing to positive investor sentiment towards Uber's prospects in the autonomous vehicle industry.

UBER Price Chart

UBER Technical Analysis

UBER News

Delta And Shake Shack Bring First-Class Burgers To New Routes - Shake Shack ( NYSE:SHAK ) , Delta Air Lines ( NYSE:DAL )

Delta introduces Shake Shack burgers in First Class starting March 4. SkyMiles members get exclusive BOGO ShackBurger offer on Uber Eats. Every week, our Whisper Index uncovers five overlooked stocks with big breakout potential. Get the latest picks today before they gain traction.

https://www.benzinga.com/25/03/44121657/delta-and-shake-shack-bring-first-class-burgers-to-new-routes

Spotlight on Uber Technologies: Analyzing the Surge in Options Activity - Uber Technologies ( NYSE:UBER )

Investors with a lot of money to spend have taken a bullish stance on Uber Technologies UBER. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/25/03/44119400/spotlight-on-uber-technologies-analyzing-the-surge-in-options-activity

Uber And Waymo Introduce Autonomous Rides In Austin: Here's How It Works - Alphabet ( NASDAQ:GOOGL ) , Uber Technologies ( NYSE:UBER )

Uber offers Waymo self-driving rides in Austin starting today. Riders can opt for an autonomous vehicle at no extra charge. Our government trade tracker caught Pelosi's 169% AI winner. Discover how to track all 535 Congress member stock trades today.

https://www.benzinga.com/25/03/44115724/uber-and-waymo-introduce-self-driving-cars-in-austin-heres-how-it-works

Tesla FSD 'Like a 12-Year-Old Driving' Compared To Waymo, Says Ross Gerber, Warning Uber 'Has Got To Be Hurting' - Alphabet ( NASDAQ:GOOG ) , Alphabet ( NASDAQ:GOOGL )

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, praised Alphabet Inc.'s GOOGL GOOG Waymo autonomous vehicles while criticizing Tesla Inc.'s TSLA Full Self-Driving technology in a recent social media post, suggesting ride-hailing giant Uber Technologies Inc.

https://www.benzinga.com/25/03/44068902/tesla-fsd-like-a-12-year-old-driving-compared-to-waymo-says-ross-gerber-warning-uber-has-got-to-be-hurting

Serve Robotics to Present at Cantor Global Technology Conference - Serve Robotics ( NASDAQ:SERV )

SAN FRANCISCO, Feb. 28, 2025 ( GLOBE NEWSWIRE ) -- Serve Robotics SERV, a leading autonomous sidewalk delivery company, today announced that its Chief Financial Officer Brian Read will participate in a fireside chat at the Cantor Global Technology Conference on March 11, 2025, at 3:40 pm Eastern ...

https://www.benzinga.com/pressreleases/25/02/g44040188/serve-robotics-to-present-at-cantor-global-technology-conference

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Uber Technologies Inc. Price History

04.02.2025 - UBER Stock was down 5.5%

• A comparison between Tesla's Full Self-Driving technology and Alphabet's Waymo autonomous vehicles may have raised concerns about Uber's position in the ride-hailing market, leading to a bearish sentiment towards the stock.
• The participation of Serve Robotics in the Cantor Global Technology Conference could have highlighted advancements in autonomous delivery services, potentially overshadowing Uber's current market standing.
• The partnership between China's Baidu and CATL to develop next-generation driverless EVs with advanced battery and chassis technology might have intensified competition in the autonomous vehicle space, impacting Uber's perceived market potential.
• Unusual bullish options activity on Uber Technologies could indicate conflicting sentiments among investors, with some taking a positive stance while others react to broader industry developments, contributing to the stock's bearish movement today.

04.01.2025 - UBER Stock was up 5.4%

• The robust growth in gross bookings for both UBER's Mobility and Delivery segments is believed to be a key factor driving the positive market movement.
• Optimistic forecasts from analysts regarding UBER's Q4 earnings, which include performance indicators, are reinforcing investor confidence and buoying the stock.
• Praise from a prominent fund manager likening skepticism about UBER's autonomous driving future to underestimating a giant like Amazon could be bolstering long-term faith in the company among investors.
• Anticipation surrounding UBER's potential to surpass earnings projections in the upcoming release is fueling excitement and investor optimism, contributing to the bullish trend in the market.

05.02.2025 - UBER Stock was up 5.0%

• A recent partnership between Delta Air Lines and Shake Shack, offering exclusive deals through Uber Eats, may have boosted investor confidence in Uber's food delivery segment.
• Increased options trading activity related to Uber Technologies indicates a positive outlook from investors, including institutions and high-net-worth individuals.
• The roll-out of autonomous rides in Austin in partnership with Waymo has generated excitement among investors about Uber's potential in the autonomous vehicle market.
• Recent criticism of Tesla's Full Self-Driving technology in comparison to Waymo, along with cautionary remarks about Uber's positioning, could be contributing to positive investor sentiment towards Uber's prospects in the autonomous vehicle industry.

05.01.2025 - UBER Stock was down 9.0%

• Despite strong Q4 earnings and revenue growth, the stock faced bearish movement.
• Concerns may have arisen due to a warning regarding the impact of a strong dollar on first-quarter bookings and missing earnings estimates.
• Analysts have pointed out autonomous vehicles as a potential risk, despite the strong performance in the Mobility and Delivery segments.
• Notable individuals, who missed the opportunity to invest in Uber early on, could serve as a reminder of the company's journey and growth potential.

05.01.2025 - UBER Stock was down 6.1%

• Strong Q4 revenue growth was reported by Uber, attributable to increased rides and delivery services, as well as progress made in autonomous technology.
• Despite surpassing revenue projections, Uber's stock witnessed downward movement, possibly influenced by conservative guidance for future quarters.
• The decision to unveil an 'interest list' for Waymo robotaxi rides in Austin may have raised competition concerns among investors, impacting market sentiment.
• Analysts' anticipations and adjustments to forecasts before Uber's earnings call likely played a role in the market's response, leading to a bearish trend for the stock.

05.01.2025 - UBER Stock was down 6.4%

• Despite strong Q4 earnings, with revenue surpassing expectations and growth in rides, delivery, and autonomous tech, the stock witnessed a bearish movement.
• A missed opportunity for investors to invest in Uber during its early stages may have resurfaced, inducing selling pressure on the stock.
• Uber's conservative guidance for the future, despite the solid Q4 results, could have sparked concerns among investors about the company's growth prospects, influencing the bearish market movement.
• Opening an 'interest list' for Waymo's robotaxi rides in Austin might be viewed as a positive step for Uber's autonomous vehicle innovation, but it may not have been sufficient to counter the broader market sentiment impacting the stock.

06.01.2025 - UBER Stock was up 6.7%

• Uber reported impressive Q4 bookings and revenues that exceeded expectations, showcasing consistent year-over-year growth. This achievement bolstered investor confidence, resulting in a rise in the stock price.
• Despite encountering obstacles such as a $1.1 billion foreign exchange headwind and concerns about the impact of a strong dollar on future bookings, Uber's notable performance in key sectors like Mobility and Delivery, along with its stock repurchase plans, helped alleviate worries and fuel the upward trend.
• Analysts pointed out the company's heightened investments aimed at addressing the challenge posed by autonomous vehicles, signaling a strategic orientation towards future growth prospects and innovation. This strategic move likely played a role in fostering a positive market outlook for Uber.

06.01.2025 - UBER Stock was up 5.1%

• Despite Uber's robust performance, the stock saw bullish movement for several reasons:
• Uber exceeded expectations in Q4 earnings and revenues, experiencing year-over-year growth, reflecting a positive trajectory for the company.
• Concerns about a $1.1 billion forex headwind and potential impacts of currency devaluation on Uber's Q1 outlook led investors to tread cautiously.
• Despite strong showings in the Mobility and Delivery segments, analysts identified autonomous vehicles as a risk factor for Uber, potentially influencing investor sentiment.
• Missed adjusted earnings estimates and conservative adjusted EBITDA guidance for the first quarter, along with warnings about the strong dollar's effects on future bookings, tempered the initial enthusiasm for Uber's impressive quarter.
• Prominent investors, including Mark Cuban and Kevin Hart, expressed regret over not investing in Uber early, highlighting the company's growth prospects and enduring attractiveness in the market. This sentiment contributed to the bullish movement, despite challenges faced by Uber.

13.01.2025 - UBER Stock was up 5.1%

• Uber's stock surged by 8.13% today.
• Investor sentiment improved after Bill Ackman revealed a substantial investment in Uber, endorsing its management and suggesting that the company is undervalued.
• Ackman's disclosure of a stake exceeding $2 billion likely bolstered investor confidence, leading to increased buying activity and pushing up the stock price.
• Uber's strategic positioning in the robotaxis sector, with an imminent competition with Lyft anticipated, may have also contributed to the positive investor outlook on the company.

07.01.2025 - UBER Stock was up 11.2%

• Disclosure of a significant stake in Uber by Bill Ackman likely boosted investor confidence, contributing to the bullish movement.
• The positive revenue report exceeding forecasts could have also fueled optimism among investors, leading to the stock's rebound.
• Discussion around Tesla's autonomous driving network not making Uber irrelevant might have alleviated concerns about potential disruption in the ride-hailing industry, further supporting Uber's stock price surge.

07.01.2025 - UBER Stock was up 6.7%

• Uber's stock saw a bullish movement today despite reporting an earnings miss for the fourth quarter, with revenues exceeding forecasts.
• Analysts are optimistic about Uber's future, with many maintaining Buy or Overweight ratings on the stock despite lowering their price targets.
• The rebound in Uber's shares could be attributed to the company's robust Q4 bookings and revenues, which beat consensus estimates.
• Despite facing challenges such as a $1.1 billion forex headwind and weak Q1 outlook due to ongoing tariff wars, Uber's strong performance in Q4 seems to have outweighed these concerns, leading to the positive market movement.

07.01.2025 - UBER Stock was up 6.9%

• Uber's stock surged by 8.13% following a billionaire investor's announcement of a significant stake in the company and commendation for CEO Dara Khosrowshahi's leadership.
• The investor's purchase of over 30 million shares worth $2.3 billion in Uber demonstrated trust in the company's potential, boosting investor confidence and driving up the stock price.
• The backing from the investor, a respected hedge fund manager, lent credibility to Uber's future growth prospects, attracting more investment and contributing to the stock's upward trajectory.
• Despite concerns about competition from autonomous driving networks, Uber's substantial user base and support from influential investors positioned the company well for future expansion, fueling the positive market movement.