The ridehail company is teaming up with China’s Baidu to deploy robotaxis in Asia and the Middle East. But Uber’s real autonomous ambitions are more expansive.

Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100,

Uber’s innovation in autonomous vehicles, strong brand, and global scale make it a long-term investment with trillion-dollar potential. Find out why UBER has a Buy rating.

Uber's gross bookings, for both the mobility and delivery segments, are increasing at healthy double-digit rates. This demonstrates robust demand for its services. Wall Street consensus estimates call for revenue to increase 15% in 2025, 15% in 2026, and 13% in 2027.

Uber Technologies (UBER) recently announced the expansion of its Uber Eats segment to include more grocery and convenience stores accepting SNAP EBT payments, reflecting a commitment to enhancing food accessibility.

HONG KONG — The Hong Kong government on Tuesday unveiled proposals to regulate online ride-hailing services provided by tech companies like Uber, requiring platforms, cars and drivers to be licensed before hitting the road.