Uber Announces $1.5 Billion Accelerated Share Repurchase Program
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January 7, 2025 4:48 PM EST
BofA Securities analyst Justin Post reiterated a Buy rating and $96.00 price target on Uber Inc. (NYSE: UBER)
The analyst comments "The collaboration is focused on supporting the development of AI-powered autonomous driving (AVs), pairing Ubers dataset of millions of daily trips with Nvidias new Cosmos platform (first announced at CES) and Nvidia DGX Cloud. Cosmos is Nvidias new generative AI platform that focuses on physical AI systems, creating synthetic environments and eliminating cost barriers for developing advanced robotics. Nvidia DGX Cloud offers a fully managed AI platform preconfigured with... More
January 6, 2025 10:18 AM EST
Citi analyst Ronald Josey reiterated a Buy rating and $98.00 price target on Uber Inc. (NYSE: UBER)
The analyst comments "Earlier this morning Uber announced an Accelerated Share Repurchase program of $1.5 billion that is expected to be completed during 1Q25 and is part of... More
January 6, 2025 7:18 AM EST
Uber (NYSE: UBER) Added to Wedbush Best Ideas List
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