AI predicts UBER stock price for end of 2024

Uber Technologies Inc. (NYSE: UBER) saw its stock surge by 10.81% on Friday, closing at $86.34. This unexpected rise followed Tesla's (NASDAQ: TSLA) much-anticipated robotaxi reveal, which had initially raised concerns among investors about potential competition in the ride-hailing business. However, with Tesla's plans lacking concrete timelines, Uber benefited from the event, pushing its stock to a 52-week high, up nearly 43% year-to-date. This momentum, combined with strategic initiatives, has left invest ...