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Uber Technologies (UBER) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Uber Technologies (UBER) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Uber currently has an average brokerage recommendation ...

While the majority of the stock market has experienced turmoil in the first few trading weeks of 2025, one company stands out as a major exception: Uber (NYSE: UBER ), the global rideshare and mobility titan.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since ...

Uber Technologies (UBER 1.63%) operates the world's largest ride-hailing network, in addition to highly successful food delivery and commercial freight networks. The company is on the cusp of a major transformation thanks to autonomous technologies.Uber has signed 14 partnerships with developers of self-driving cars, robots, and even aircraft so far. Since human drivers are the company's largest cost right now, the shift to autonomous solutions could result in hundreds of billions of dollars in savings over ...

Partnership and Industry Trends - Uber Technologies Inc (NYSE: UBER) and Nvidia Corporation (NVDA) have established a partnership to collaborate on autonomous driving technology [2] - Nvidia has unveiled multiple similar partnerships at CES, indicating a growing trend in the autonomous driving sector [2] Investment and Portfolio Management - The Pragmatic Investor focuses on global macro, international equities, commodities, tech, and cryptocurrencies, offering tools like a portfolio, weekly market updates, actionable trades, technical analysis, and a chat room [2] - The investment strategy emphasizes building robust and diversified portfolios aimed at preserving and increasing wealth [2] Analyst Positions - The analyst holds beneficial long positions in NVDA, UBER, GOOGL, and AMZN through stock ownership, options, or other derivatives [3]

Autonomous Vehicle Development Impact - General Motors announced it will no longer fund the development of a specialized robotaxi under its Cruise division, citing the significant time and resources required to scale the business and increasing competition in the robotaxi market [2] - This decision led to a broader realignment within General Motors, merging the Cruise and technical divisions to focus on advancing the Super Cruise assisted-driving feature [2] - The news negatively impacted Uber's stock, which lost over 16% of its value in December, as the company is eager to adopt autonomous-driving technology to reduce reliance on human drivers [1][3] Market Reaction and Competition - General Motors' exit from the robotaxi market narrows competition in a future high-potential segment, as its mass-market vehicle production could have led to competitively priced robotaxis [4] - Despite the sell-off, the market's reaction may be an overreaction, as robotaxis are still in development and future competition could keep prices low [5] Uber's Business Diversification and Market Position - Uber faced additional pressure from a Bernstein SocGen analysis, which noted declining growth rates in the U.S. rideshare market and moved Uber down its stock preference list, though maintaining a buy recommendation and $95 price target [6][7] - Uber's management has successfully diversified the business, reducing reliance on the rideshare segment, and the company remains a key player in the industry [8]

Partnership Details - Delta Air Lines customers will earn SkyMiles on Uber rides to and from airports starting in spring [1] - Users earn 1 mile per dollar spent on UberX rides to and from airports [2] - 15% of Uber rides are booked to or from airports [2] - Delta customers earn 2 miles per dollar on premium Uber rides and 3 miles per dollar on Uber Reserve [3] - Customers earn 1 mile per dollar on Uber Eats orders of $40 or more [3] Competitive Landscape - Delta's partnership with Uber ends its SkyMiles collaboration with Lyft, which began in 2017 [4] - Lyft has partnered with Alaska Airlines since 2022 [4] - Uber had 161 million monthly active users at the end of Q3, compared to Lyft's 24.4 million [4] Additional Partnerships - Delta announced a partnership with Alphabet's YouTube to offer ad-free content to SkyMiles members on flights [5]

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...