Uber: Benefiting From a Diversified Robotaxi Ecosystem With Undervalued U.S. Rideshare Earnings Power

Analyst Jake Fuller from BTIG maintained a Buy rating on Uber Technologies and keeping the price target at $100.00.

Jake Fuller has given his Buy rating due to a combination of factors relating to autonomous vehicle developments and valuation. He sees Uber increasingly positioned as a key distribution platform for multiple robotaxi providers, rather than being displaced by a single dominant first-party network, as evidenced by recent partnerships with Nvidia, Zoox and Motional that support a more diversified AV ecosystem and potential demand expansion.

Fuller’s analysis suggests that, under realistic assumptions for AV deployment on third-party networks and incremental rides, U.S. rideshare EBITDA can at least hold steady or grow through 2030, preserving and potentially enhancing the segment’s long‑term earnings power. He also argues that the current share price assigns minimal terminal value to the U.S. rideshare business, and that a benign AV adoption path could justify a substantially higher present value for that segment alone, supporting his Buy rating and $100 price target.

In another report released on March 16, Bank of America Securities also reiterated a Buy rating on the stock with a $103.00 price target.

UBER’s price has also changed moderately for the past six months – from $92.950 to $77.790, which is a -16.31% drop .