Analyst sentiment trends are positive, indicating 40% growth for Uber. New York Stock Exchange: UBER promotions over the next year. The conversations suggest that the company is well positioned to accelerate earnings growth and free cash flow over the next five years while driving advances in artificial intelligence. Uber is using artificial intelligence to improve operations, improve services and improve profitability at every level of its operations, a focus of Michelangelo’s. Michelangelo is the company’s machine learning platform for developing and deploying applications at scale.
Uber Technologies today
Uber Technologies
As of 01/06/2025 15:58 Eastern
- 52 week range
- $54.84
▼
$87.00
- P/E ratio
- 32.95
- Target price
- $91.53
Analyst sentiment trends include increased coverage, solid sentiment and an increased price target, which together create a strong tailwind for the market. The number of analysts covering the stock has increased by 20% over the past year, and the price target has increased by 60%. Activity in the first week of January is consistent with these trends, including notable mentions from three major investment firms. Analysts at Bank of America, Citigroup and Goldman Sachs have added Uber to their 2025 stock picks. Consensus in early January forecast this market to grow 40% from the original 2025 supply.
Uber’s results create a robust outlook
Uber’s 2024 results show the company gaining momentum. Expanding delivery verticals has been key to driving long-term growth and profitability, consistent acceleration and improvement. The fourth-quarter outlook calls for growth to remain around 20%, which is likely low.
Uber Technologies stock forecast today
$91.53
Growth potential 38.20%Moderate purchase
Based on ratings from 39 analysts
| High forecast | US$120.00 |
|---|---|
| Average forecast | $91.53 |
| Low forecast | $77.00 |
Uber Technologies stock forecast details
No matter how strong the growth, profitability determines the share price movement. The company achieved earnings growth and is expected to continue to improve throughout the year. Proof of the improvement is free cash flow: $2.1 billion in the third quarter, up 133% from last year, and nearly 19% of revenue, enough to fuel aggressive share repurchases and debt reduction. The company plans to repay $2 billion in the current quarter, reducing its debt position by 20% and strengthening its already strong balance sheet. Uber’s balance sheet is strong, with less than 1x leverage and ample cash and liquidity.
Uber confirmed analysts’ confidence when it announced approval for an accelerated $1.5 billion share buyback. The authorization, part of a $7 billion allocation approved in 2024, represents about 1% of the market and is expected to be completed in the first quarter of 2025. Share repurchases in the third quarter reduced the number by 2.1% and are expected to continue at a steady pace. indefinitely, given its earnings and free cash flow outlook.
The risk is autonomous vehicles
The risk for Uber and its investors is self-driving vehicles. Autonomous technology is advancing, and it could put car-sharing companies like Uber out of business. Companies like Tesla NASDAQ:TSLA and Waymo are likely disruptors; however, Uber is well positioned and will likely benefit more than it will suffer from autonomous driving. Tesla has yet to build out its taxi infrastructure, which Uber already has. An obvious step is to partner with businesses and individuals to manage fleets of autonomous vehicles.
Uber: a rocky road to rising stock prices
Uber stock has been trending upward, but it has been volatile over the past two years. Price action in early January has declined sharply from its late 2024 peak but is already showing signs of a subsequent recovery. Support lies at nearly $60, which will likely force the market to move sideways if it fails to maintain upward momentum now. Critical resistance lies near the short-term 30-day EMA at $69; a move above this level will allow the market to retest its recent highs. Critical support is around $59, but could reach $56.
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