Despite the successful launch of the Tesla (TSLA) robotaxi, shares in Uber stock remain succeeding this year, up over 65% YTD. The stock is trading at all-time highs and continues to be one of the top ride-share stock options on the market. Its partnerships with robotaxi startups like Waymo and growth in new markets have given investors reasons to swoop in after the stock underperformed in 2024. The advance has made Uber the seventh-best S&P 500 performer in 2025, and it still has more room to grow.
The San Francisco-based firm has for years been investing in new areas across its core ride-hailing and delivery businesses in the US and abroad, helping fuel revenue growth that’s expected to be 15% in 2025. It has also entered into more than a dozen partnerships with car manufacturers and technology developers around the world. Analysts have praised Uber’s partner work and how it’s helped the company grow in 2025.
David Wagner, portfolio manager at Aptus Capital Advisors, likes Uber’s strategy of partnering with self-driving rivals and remains bullish. However, he doesn’t expect the stock to push much higher in the near term with few catalysts on the horizon. “The market finally started to recognize that we’d rather take a kind of an aggregator approach and reward that company,” he said. Additionally, Uber’s strategic partnership with Moove, which is raising substantial funds to finance autonomous vehicles (AVs), indicates a promising future in the AV market. Data also shows an acceleration in Uber’s bookings growth, which is a positive indicator for the company’s financial health.
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Uber Becoming Dominant in More Ways Than One, And Wall Street Agrees
Outside of ridesharing, Uber has also become a staple in food-grocery delivery thanks to Uber Eats. Jamie Meyers, senior equities analyst at Laffer Tengler Investments Inc., praises the company’s efforts to be more than a taxi service. “They’ve done a great job expanding their addressable markets by adding things like grocery, convenience, and alcohol.”
Most analysts on Wall Street agree, with CNN labeling UBER as a 10/10 stock choice to invest in. Bank of America analysts reiterated a buy rating and boosted their price target to $115 from $97 in a Tuesday note. Analysts have extreme optimism that Uber’s AV position can grow to challenge the Tesla Robotaxi as that market grows.