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Uber Technologies Inc. (NYSE:UBER) Expands into Autonomous Vehicle Sector

Uber Technologies Inc. (NYSE:UBER) is a global leader in ride-sharing and food delivery services. The company is now making significant strides in the autonomous vehicle (AV) sector, particularly in the robotaxi market. Uber's strategic partnerships with Baidu and Lucid are key to expanding its global reach in this promising field.

On October 28, 2025, Benchmark reiterated its Hold rating for Uber, with the stock priced at approximately $95.90. As of now, the stock is trading at $96.40, reflecting a slight decrease of 0.02% or -$0.02. The stock has seen fluctuations, with a daily low of $95.75 and a high of $97.20.

Uber's broader scale and stronger price performance give it an edge over competitors like WeRide. The global robotaxi market is projected to reach $45.7 billion by 2030, growing at a CAGR of 91.8% from 2023 to 2030, as highlighted by MarketsandMarkets. This growth potential is attracting significant interest from both Uber and WeRide.

Uber's market capitalization stands at approximately $201 billion, reflecting its substantial presence in the market. The stock has experienced a 52-week high of $101.99 and a low of $59.33, indicating its volatility. Today's trading volume is 1,789,369 shares, showcasing active investor interest.

Published on: October 28, 2025