From Yahoo Finance: 2025-05-21 10:43:00

JPMorgan raised Uber Technologies Inc (UBER) price target to $105 from $92, citing potential in the autonomous-vehicle sector. The bank believes UBER’s alliance with Waymo could boost utilization rates and revenue. UBER stock has gained 25% in the last month and 14% in the last 3 months.

JPMorgan expects Uber to focus more on autonomous vehicles, with potential revenue growth from partnerships with other firms. The bank remains optimistic about UBER’s future, but suggests AI stocks may offer greater returns in a shorter timeframe. For more on promising AI stocks, check out their report on the cheapest AI stock.

Read more: JPMorgan Hikes Its Price Target on UBER Stock, Citing Autonomous-Vehicle Catalysts