Uber Stock Slides as EV Incentives Fade and EU Risks Mount — Can Robotaxis and Profits Keep the Rally Alive?
Uber shares fell 5.5% to $84.16 on December 10, trading on heavy volume after the company scaled back electric vehicle incentives and backed U.S. legislation rolling back clean-energy support. Despite the drop, Uber stock remains up nearly 48% for 2025. Wall Street’s average 12-month price target stands at $108.94, according to StockAnalysis.