Stifel Nicolaus Lifts Uber Price Target to $105 on AV Labs Launch

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Stifel Nicolaus set a $105 price target for Uber, implying 28.08% upside, citing strategic launch of Uber AV Labs to collect driving data for over 20 autonomous partners. The new division positions sensor-equipped vehicles to support Waymo, Waabi and Lucid partnerships, potentially accelerating self-driving ecosystem contributions.

1. Stock Performance and Recent Volatility

Uber closed the most recent trading session down 1.8% compared with the previous day, trading between $81.91 and $83.33 intraday. Over the past twelve months, the share price has swung from a low of $60.63 to a high of $101.99, reflecting pronounced volatility as the company balances growth investments and profitability targets. Average daily volume stands at approximately 14.9 million shares, underscoring robust market interest in the equity.

2. Analyst Outlook and Price Target

On January 27, 2026, Stifel Nicolaus assigned a price target of $105, implying potential upside of roughly 28%. The firm cited improving unit economics in ride-hailing and accelerating take-rate gains in food delivery as key drivers. This bullish stance follows three consecutive quarters of adjusted EBITDA expansion and levered free cash flow turning positive in Q3 of last year.

3. Strategic Investment in Autonomous Data Collection

Uber has launched Uber AV Labs to aggregate real-world driving data for more than 20 autonomous vehicle partners, including Waymo, Waabi and Lucid Motors. By outfitting hundreds of its vehicles with advanced sensor arrays, the division seeks to generate high-resolution mapping and scenario data — a service that has already attracted commitments from four new OEM customers since inception.

4. Robotaxi Expansion via Waabi Partnership

Canadian self-driving startup Waabi, backed by Uber, raised $1 billion in its latest financing round to extend operations from autonomous trucking into passenger robotaxis. Uber will provide access to its ride-hail network for pilot deployment in major North American markets, targeting a commercial launch by late 2027 pending regulatory approvals.

Sources

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