Uber Technologies Inc. (NYSE: UBER) is predicted to potentially double by 2030, with UBS lowering the price target to $111 from $122, maintaining a Buy rating. Bank of America Securities also adjusted the price target to $93 from $96, citing ongoing uncertainty with autonomous vehicles as a valuation pressure. BofA emphasizes Uber’s advantage in the AV market, highlighting a collaboration with Nvidia. Despite near-term concerns, consistent revenue growth and a more predictable autonomous vehicle landscape could drive valuation growth. UBER operates in the US, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific through its Mobility, Delivery, and Freight segments.

Read more at Yahoo Finance: UBS Maintains Buy Rating On Uber (UBER) Citing Near-Term Margin Concerns, Gross Bookings Forecasts