JPMorgan Raises Uber Price Target on Autonomous Vehicle Growth Prospects

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-05-22 02:43:01

Uber Technologies Inc’s stock surge continues unabated in 2025, with shares gaining 47% year-to-date as Wall Street grows increasingly bullish on the rideshare giant’s autonomous vehicle ambitions. JPMorgan analysts lifted their price target to $105 from $92 while maintaining an Overweight rating, citing potential efficiency gains from Uber’s partnership with Alphabet’s Waymo.

The bank’s Optimism follows management meetings highlighting improved utilization rates from the Waymo alliance, with potential for expanded collaboration. While Uber’s recent earnings surpassed expectations at 83 cents per share, revenue growth still trails some analyst projections—a gap autonomous vehicle deployment could help close.

By:

Log in to Reply

Market Turmoil: Tariff Conflicts Trigger Historic Volatility

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.