Loop Capital Maintains Buy Rating on Uber (UBER), Lifts PT
From Yahoo Finance: 2025-05-23 11:31:00
Loop Capital raised Uber’s price target to $105 per share, citing strong earnings and investor confidence in AV technology. Uber’s trip volume growth drives profit and cash flow, positioning the company as a leader in the AV sector and global mobility trends.
Investor sentiment around autonomous tech impact on Uber’s rideshare business drives Loop Capital’s upgrade. Uber’s integration with leading AV providers strengthens its role in the emerging robotaxi ecosystem. Momentum in delivery segment and diversified revenue mix contribute to long-term shareholder value across multiple high-growth verticals.
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