To predict the stock price of Uber Technologies (UBER) for the next trading week, we analyze both technical indicators and recent news sentiment.
Uber's stock price closed at $75.84 on March 21, 2025, with a pre-market percentage change of -0.74% and a regular market change of +2.00%. The real-time price is $75.9 as of March 21.
The Relative Strength Index (RSI) for Uber is 65.57 (6-period), 56.44 (12-period), and 55.70 (14-period), indicating that the stock is not overbought. The Stochastic Oscillator shows a bullish signal with StochK (61.89) above StochD (47.23). The MACD is slightly negative at -0.03, but the MACD Histogram is positive at 0.04, suggesting a bullish divergence.
Fibonacci levels indicate a pivot point at 72.57, with resistance levels at 75.11, 76.67, and 79.21. Uber is currently trading above the pivot, a positive sign. The stock has broken above the 50-day moving average, indicating bullish momentum.
Uber has a Strong Buy consensus with a target price of $91.43, implying a 33.30% upside. Analysts have upgraded their ratings, citing strong financial results and growth potential. The company's revenue increased by 20%, and adjusted EBITDA rose by 44%. Uber's partnership with Waymo for autonomous vehicles is expected to drive future growth.
Based on the analysis, Uber's stock is expected to rise to $76.67 in the next trading week. The recommendation is to buy Uber stock with a target price of $76.67.
The price of UBER is predicted to go up -5.44%, based on the high correlation periods with CLDX. The similarity of these two price pattern on the periods is 94.52%.
UBER
CLDX
Year
UBER Price Forecast($)
Potential Return(%)
2025
90.000
39.340
2026
110.000
44.720
2027
150.000
97.340
2028
120.000
57.870
2029
150.000
97.340
2030
93.000
22.350
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.
Truist Securities
2025-03-06
Price Target
$90 → $92
Upside
+22.73%
DA Davidson
2025-02-06
Price Target
$84 → $80
Upside
+14.3%
JMP Securities
2025-02-06
Price Target
n/a
Downside
0%