Uber stock gets a sell call as robotaxi race heats up in 2026
Melius Research downgraded Uber to sell, citing rising competition from autonomous-vehicle firms like Tesla and Waymo, and set a $73 price target below the stock’s $82.86 last trade. Uber shares rose 1.4% in premarket trading Monday. Investors are watching whether robotaxis will scale quickly enough to reshape ride-hailing economics in 2026. Some analysts remain bullish on Uber’s ability to adapt as fleets go driverless.