Can Uber Stock Top $100 Again? Blacklane Deal and 125% Three-Year Run Revive Debate
Uber shares rose 1.4% to $70.15 midday Monday after announcing a deal to acquire chauffeur service Blacklane, with financial terms undisclosed. Wells Fargo trimmed its price target to $95, citing long-term autonomous vehicle risks. Uber reported 2025 revenue of $52 billion and 202 million monthly active users in Q4. The Blacklane deal is expected to close by end-2026, pending regulatory approval.