Zheng Quan Shi Bao Wang·2025-03-20 00:27Core Viewpoint - Bank of America believes that Uber and Lyft will play a crucial role in the autonomous driving industry as the technology rapidly develops [1] Group 1: Company Positioning - Uber and Lyft are expected to establish new partnerships with major automotive manufacturers to integrate autonomous vehicles into their ride-hailing services, unlike companies like Waymo and Tesla that are developing their own fleets [1] - These partnerships will help Uber and Lyft maintain competitiveness as autonomous driving technology becomes more widespread [1] Group 2: Future Outlook - Bank of America forecasts that Uber and Lyft could deploy autonomous vehicles between 2026 and 2027, leveraging their existing ride-hailing networks as a solid foundation for integration [1] - The companies are positioned to scale quickly once the technology matures [1] Group 3: Investment Ratings - Bank of America maintains a buy rating on both Uber and Lyft stocks, indicating confidence in their future performance [1] - Lyft is seen to have greater upside potential, with an average target price of $16.90 per share [1]