Is Uber Stock a Buy Now? Key Drivers for $UBER Amid Autonomous Vehicle Disruption

Why UBER Is Trending Higher

Uber Technologies Inc. has been gaining strong momentum, hitting new all-time highs as it cements its role in the evolving autonomous vehicle and delivery landscape. With new acquisitions and strategic moves shaping its path, investors are asking: Is Uber stock still a buy, or is a pullback on the horizon?

Despite competition from Waymo and Tesla, Uber has chosen collaboration over confrontation by partnering with leading robotaxi players instead of directly competing with them.

Uber expands its ride-hailing reach without heavy capital requirements and already operating alongside Waymo in Austin and Atlanta aligning with its asset-light strategy that investors have supported consistently.

Key Developments

Uber announced it will acquire an 85% stake in Trendyol GO, a Turkish food and grocery delivery service, in a deal valued at $700 million. This expansion into grocery and food delivery reinforces Uber’s pivot toward becoming a super app beyond its traditional ride-hailing operations.

Uber is in early discussions to back Travis Kalanick, its former CEO, in acquiring the U.S. operations of autonomous vehicle company Pony.AI. While this could strengthen Uber’s future in autonomous vehicles, the potential deal has made investors cautious, creating short-term volatility in $UBER shares.

Tesla and Waymo are expanding their robotaxi fleets, with some analysts believing that autonomous services could eventually bypass platforms like Uber. However, Uber’s partnership-driven approach keeps it agile, allowing it to benefit from autonomous technology while maintaining its platform-based revenue streams.

Uber reported Q1 results with EPS: $0.83 (vs. $0.51 expected) Revene $11.5B (slightly below $11.6B expected) Gross bookings $42.8B (below the $43.1B forecast)

However, rides and deliveries rose 18% YoY, reaching three billion trips in the quarter, driven by increased active user growth across its platforms.

For Q2, Uber forecasts Gross bookings of $45.75B–$47.25B and Adjusted EBITDA $2.02B–$2.12B

These targets align with expectations for 15% revenue growth in 2025, reflecting cautious optimism despite macro uncertainty.

Is UBER a Buy Right Now?

Uber currently trades close to its average analyst price target of $98, with around 75% of analysts rating it a “Buy.” The company’s strategic expansion into grocery delivery and its potential AV investments could sustain its momentum, though much of the near-term upside may already be priced in.

The bottom line is that Ubr continued evolution into a multi-vertical mobility and delivery platform while collaborating in the autonomous vehicle ecosystem positions it well for future growth. However, the path forward in the rapidly changing transportation industry will require careful navigation.

UBER Stock Analysis

Total Score

 

 

score

4.30

 

Strong Sell

Hold

Strong Buy

 

 

Risk Level

 

LOW

HIGH

 

UBER has Low Risk Level. Click here to check what is your level of risk