Technical Analysis: UBER's stock shows mixed signals in recent trading sessions. The RSI-14 at 62.75 indicates bullish momentum but approaching overbought territory. The MACD (3.81) remains positive with a bullish divergence, suggesting continued upward momentum.
Price Levels and Support/Resistance:
News Impact:
Price Prediction for Next Week: Based on technical indicators and recent news:
Trading Recommendation: BUY
The price of UBER is predicted to go up 5.82%, based on the high correlation periods with AUB. The similarity of these two price pattern on the periods is 98.41%.
UBER
AUB
Year
UBER Price Forecast($)
Potential Return(%)
2025
90.000
39.340
2026
90.000
34.630
2027
95.000
42.110
2028
120.000
79.510
2029
120.000
79.510
2030
120.000
79.510
Uber's position in the autonomous vehicle race could equalize gross and net revenue, after no longer needing to pay drivers.
Pressure to pay a minimum amount per trip to its contracted drivers could create a barrier to entry for smaller players, helping Uber in the long run.
Uber's aggregation of multimodal offerings will drive in-app stickiness, making Uber a one-stop shop for all transport needs.
DA Davidson
2025-02-06
Price Target
$84 → $80
Upside
+14.3%
JMP Securities
2025-02-06
Price Target
n/a
Downside
0%
JMP Securities
2025-01-31
Price Target
n/a
Downside
0%