Uber Technologies, Inc. (NYSE: UBER) heads into the end of the week with its stock trading around $79 per share on Friday, December 19, 2025, down about 1% on the day—a reminder that even after a strong year, sentiment can turn quickly when investors are weighing disruptive technology and regulatory risk at the same time. [1]
The central debate around Uber stock in late 2025 is no longer just “rides vs. delivery.” It’s whether Uber can become the indispensable marketplace layer for autonomous mobility—or whether robotaxi operators (and, potentially, automakers) ultimately bypass aggregators and keep the economics for themselves. That question is driving a wave of fresh analysis and new price-target updates dated Dec. 19, 2025, alongside a steady stream of autonomy-related product launches that are increasingly “real-world,” not theoretical. [2]
Below is a complete, publication-ready roundup of the current news, forecasts, and analysis shaping Uber shares as of 19.12.2025.
What’s moving Uber stock on Dec. 19, 2025
1) “Cheap” valuation narrative returns—because robotaxis are back in the spotlight
A prominent market analysis circulating today argues Uber is trading at historically low valuation levels, with investors discounting the stock due to fear that autonomous vehicles could erode the company’s long-term position. The same analysis points out that Uber’s fundamentals remain strong, citing expectations for EBITDA growth this year, and highlights a bullish view from Bernstein with an “outperform” stance and a $115 price target (implying substantial upside from recent price levels). [3]
The key nuance: this isn’t simply “robotaxis are coming.” It’s how they arrive. In a world where self-driving technology is licensed broadly and multiple fleet owners compete, an aggregator like Uber could benefit. In a world dominated by a few closed networks, the platform’s leverage could weaken. [4]
2) A fresh Dec. 19 analyst cut lands—Wedbush trims its target to $78
On the more cautious side, Wedbush maintained a Neutral rating but lowered its price target to $78 from $84 today (Dec. 19). That single note matters because it resets the “bear case” anchor just as the stock is hovering near that level. [5]
3) CEO commentary adds fuel to the “Uber as a tech platform” thesis
Another widely shared item today: Uber CEO Dara Khosrowshahi described AI’s impact on Uber’s engineering teams as transformational, saying most developers are using AI tools and framing the productivity jump as making engineers far more effective. The message investors often take from comments like these is not just cost cutting—it’s potential product velocity, faster experimentation, and improved unit economics through better pricing, routing, support, and reliability. [6]
Uber stock forecast: where Wall Street stands right now (targets, upgrades, and “consensus”)
If you’re looking for the simplest snapshot of the Street’s stance on UBER stock on Dec. 19:
- Consensus rating: “Buy”
- Consensus price target: about $109
- Target range:$78 (low) to $150 (high)
- Most recent rating updates cited: include Wedbush (Dec. 19), Morgan Stanley (Dec. 8), and Arete Research (Dec. 3) [7]
In other words, even with a high-profile Neutral call sitting at $78 today, the broader analyst community is still modeling meaningful upside over the next 12 months. [8]
Notable targets and takes in the current cycle
A Dec. 19 investing analysis focused on Uber’s UAE robotaxi push leans constructive on the company’s autonomy strategy and reiterates the argument that Uber can pursue AV upside without bearing the massive cost of building full-stack self-driving tech internally. [9]
Separately, a “top picks for 2026” style roundup from Investopedia includes Uber among favored internet names and references upside potential tied to robotaxi-driven expansion and platform scale. [10]
And in traditional brokerage coverage, RBC reiterated a Buy rating with a $110 target in mid-December, adding to the cluster of targets that sit well above today’s price. [11]
Fundamentals check: the earnings engine behind Uber’s long-term narrative
Even as headlines skew toward autonomy, Uber’s stock still trades on a core reality: Mobility + Delivery scale, and whether profitability can expand consistently without triggering regulatory backlash.
In its Q3 2025 report (quarter ended Sept. 30), Reuters highlighted several datapoints investors continue to reference:
- Revenue:$13.47B, up ~20%
- Gross bookings:$49.74B
- Operating income:$1.11B, below estimates, with Uber citing legal/regulatory matters impacting profit
- Q4 gross bookings outlook:$52.25B to $53.75B, ahead of some Street expectations
- Uber also indicated it would move from emphasizing adjusted EBITDA to adjusted profit starting with first-quarter guidance [12]
This matters for the stock because it frames Uber as a company trying to transition from “growth platform” to “durable profit platform”—a re-rating story that can compete with the robotaxi risk narrative.
The autonomy strategy that keeps showing up in Uber stock news
Uber’s current autonomous approach can be summarized in one phrase: partner, integrate, scale.
Rather than building an in-house robotaxi stack, Uber is trying to be the distribution layer—feeding demand to multiple AV suppliers, city by city. Over the last month, that strategy moved from slide decks to street-level service launches.
Dubai: robotaxi rides launched with WeRide (Dec. 12)
Uber’s investor relations release confirms that WeRide robotaxi rides are officially live in Dubai via the Uber app. Riders can book through an “Autonomous” option in select locations (including Umm Suqeim and Jumeirah). The rollout is being done in partnership with Dubai’s Roads and Transport Authority (RTA), and the current phase includes a vehicle specialist on-board, with the companies explicitly pointing to a path toward fully driverless commercial service in early 2026. [13]
This is strategically important for Uber stock watchers because it shows Uber working directly with regulators and fleet operators (Tawasul is cited as a fleet operator in the release) while replicating an integration playbook that could port to other dense urban markets. [14]
Dallas: robotaxi rides launched with Avride (Dec. 3)
Uber also launched robotaxi rides in Dallas with Avride, again emphasizing the same hybrid model: users can request UberX / Comfort / Comfort Electric, and may be matched with an AV at no extra cost, with the option to decline. The service initially covers roughly 9 square miles (Downtown to Uptown and nearby areas), and starts with an on-board specialist before moving toward future fully driverless operations. [15]
UK: autonomous “last-mile” delivery robots with Starship (Dec. rollout; announced Nov. 20)
Uber’s automation push isn’t just passenger rides. Reuters reported Uber is partnering with Starship Technologies to bring autonomous robot deliveries to the UK in December—starting with the Leeds and Sheffield areas—and expanding to additional European markets next year and the U.S. in 2027. Reuters notes Starship robots operate at Level 4 autonomy within defined areas. [16]
Europe next: Munich testing with Momenta (planned for 2026)
Reuters also reports that autonomous driving company Momenta has said it will begin robotaxi testing in Munich in 2026 in connection with Uber—another signal that Uber’s roadmap includes Europe, not only the U.S. and Middle East. [17]
The “robotaxi threat” isn’t theoretical—and competitors are moving fast
Uber’s stock sensitivity to autonomy has increased partly because competitors are making tangible progress.
- Tesla: Reuters reported Tesla shares jumped earlier this week after Elon Musk confirmed driverless robotaxi testing without front-seat safety monitors—an incremental milestone that can shift investor expectations around speed-to-market in autonomy. [18]
- Waymo: The Financial Times reported Waymo is in talks to raise a large funding round that could value the business at over $100B, alongside rapid city expansion and significant ride volume—reinforcing that well-capitalized AV operators may try to own more of the end-user relationship. [19]
For Uber stock, this matters because AV adoption speed influences both sides of the bull/bear argument:
- Bulls: Uber becomes the demand funnel and “operating system” for multiple fleets.
- Bears: AV leaders build direct-to-consumer channels and compress aggregator economics.
Legal and regulatory headlines investors are watching alongside the tech story
No Uber stock forecast is complete without acknowledging that regulatory and legal risk can change the near-term tape—sometimes abruptly.
FTC and states: amended complaint over Uber One subscription practices (Dec. 15)
Reuters reported the U.S. Federal Trade Commission and 21 states (plus D.C.) filed an amended complaint alleging deceptive billing and cancellation practices tied to Uber One. Reuters notes Uber denies the allegations, and also reported that Uber shares fell more than 3% after the news. [20]
Taxi-hailing apps lawsuit alleging price inflation scheme (Nov. 25)
Reuters also reported a proposed class action accusing several taxi-hailing app companies of colluding through a partnership with Uber to keep passenger prices artificially high. Importantly, Reuters notes Uber is not a defendant in that specific case, but the allegations still add noise to the broader “pricing power vs. antitrust optics” conversation that affects sentiment. [21]
So… is Uber stock a buy, sell, or hold on Dec. 19, 2025?
Today’s most-circulated “actionable” analysis on Nasdaq (published Dec. 19) lands in a middle ground: it highlights Uber’s robotaxi expansion (Dubai following Abu Dhabi), argues Uber’s partnership-led approach may capture AV upside without heavy R&D burden, and points to continued demand in Mobility and Delivery—but also flags valuation and balance-sheet considerations and suggests patience for new buyers. [22]
Meanwhile, analyst consensus data still implies meaningful upside over the next year, but the day’s Wedbush note shows there is a credible camp that sees limited near-term upside at current levels. [23]
The 2026 setup for Uber stock: 3 scenarios investors are pricing
Bull case: Uber becomes the “marketplace layer” for autonomy
If Uber keeps scaling city launches (Dubai, Dallas) and successfully transitions those programs to driverless operations, it strengthens the argument that Uber can be the global distribution + fleet orchestration layer for multiple AV partners. That’s the path where Uber’s take rate and engagement could remain resilient even as vehicle ownership shifts. [24]
Base case: steady core growth, autonomy remains optionality
In this scenario, investors continue valuing Uber primarily as a Mobility/Delivery cash-flow story, with robotaxis as a medium-term upside lever rather than the main driver of 2026 numbers. Uber’s Q3 and Q4 bookings trajectory is the foundation for that view. [25]
Bear case: regulation + disintermediation pressure margins
If regulatory actions around subscriptions and pricing intensify, or if AV operators scale quickly while pulling demand into their own apps, Uber could face a tougher margin narrative even if gross bookings rise. Recent FTC and litigation headlines explain why this risk remains on the board. [26]
What to watch next for Uber (UBER) stock
If you’re tracking Uber shares into year-end and early 2026, these are the most monitorable catalysts implied by today’s coverage:
- Progression from supervised to fully driverless operations in Dubai, which Uber/WeRide have pointed toward as early 2026
- Expansion of AV coverage beyond early launch geofences (Dallas and Dubai)
- Next earnings cycle and guidance updates around bookings and profitability metrics
- Regulatory/legal developments tied to Uber One subscription practices and broader pricing scrutiny [27]
References
1. finance.yahoo.com, 2. www.marketwatch.com, 3. www.marketwatch.com, 4. www.marketwatch.com, 5. www.gurufocus.com, 6. www.businessinsider.com, 7. www.benzinga.com, 8. www.benzinga.com, 9. www.nasdaq.com, 10. www.investopedia.com, 11. finance.yahoo.com, 12. www.reuters.com, 13. investor.uber.com, 14. investor.uber.com, 15. investor.uber.com, 16. www.reuters.com, 17. www.reuters.com, 18. www.reuters.com, 19. www.ft.com, 20. www.reuters.com, 21. www.reuters.com, 22. www.nasdaq.com, 23. www.benzinga.com, 24. investor.uber.com, 25. www.reuters.com, 26. www.reuters.com, 27. investor.uber.com
