Uber Technologies, Inc.
Investment Thesis
UBER's aggressive pivot to autonomous vehicle deployment through strategic partnerships represents a transformative growth opportunity currently underpriced by the market. With up to $1.25B committed to Rivian for 50,000 robotaxis and Europe's first commercial robotaxi service launching in Croatia, the company is executing a capital-efficient platform strategy that positions it to capture the multi-trillion dollar AV market without manufacturing burdens. The 26% six-month decline has created an attractive entry point ahead of 2027 deployment milestones, with analyst targets of $103-108 implying 43-50% upside as execution risk diminishes.
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