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Uber Slumps 30% as Robotaxi Threat Looms: Evercore Sees 111% Upside

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Uber trades 44% below consensus targets despite record $10 billion free cash flow, pressured by top-line deceleration and looming robotaxi threats from Tesla and Waymo.
  • While Evercore targets $150, gig-economy peers Lyft and DoorDash face similar year-to-date pressure amidst structural autonomous vehicle competition.
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TSLA price history

365.44 -12.53% over the displayed period

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