UBER Stock Recent News
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Uber Eats is experimenting with short-form videos. The video feed, similar to TikTok's format, will showcase restaurants preparing their food.
Uber (UBER) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Uber Technologies (UBER) and CyberArk (CYBR) have performed compared to their sector so far this year.
The ride-hailing company finally has enough scale to cover all its costs. Personal mobility's growth is slowing, but delivery's growth is in its infancy.
Uber Technologies (UBER) shares rose Friday after Jefferies research analysts raised their price target on the stock to $100 from $95, citing the company's continued creation of ways for people to use the app, particularly in its Mobility division.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) has earned a price target raise from Jefferies analysts who believe the company's expanded Mobility product suite is a meaningful tailwind for growth. They wrote in a note to clients that Uber has “dramatically” expanded its Mobility offerings from just two products in 2022, UberX and Black, to about 20 currently.
Uber Technologies Inc. shares have surged 150% over the past year, to rank third among S&P 500 index components in that span, but a Jefferies analyst sees further big upside ahead.
UBER's delivery business benefits from rising online order volumes.
Joby Aviation (NYSE: JOBY ) stock could be a good bet here. The company aims to revolutionize urban air mobility worldwide.
Uber is expanding its Phoenix-based partnership with autonomous vehicle company Waymo. The company announced Wednesday (April 3) that it is now offering Uber Eats deliveries in the Arizona capital via Waymo vehicles.