Uber Technologies, Inc. (NYSE:UBER) is among the The 12 Best Self-Driving Stocks to Buy Right Now.
On January 18, 2026, Reuters reported that an Israeli ministerial committee approved legislation allowing ride-hailing services such as Uber Technologies, Inc. (NYSE:UBER) and Lyft to conduct operations in Israel. It was an effort to reduce the cost of taxis. The legislation, which is still awaiting full parliamentary approval, would use international standards to oversee technology-based transportation companies. It allows companies to connect drivers and private passengers through applications, increasing supply, improving availability at peak times and weekends and reducing fares. The reform covers insurance, vehicle supervision, safety standards, driver control and assistance to the taxi market. Uber Technologies, Inc. (NYSE:UBER) closed its doors in 2023 after operating solely as a conventional taxi service in Israel. The taxi industry opposes the change.
On January 30, 2026, TheFly reported that BofA lowered the company’s price target to $110 from $119. It maintained a Buy rating ahead of its fourth-quarter report on February 4. Although the company foresees growth in reserves and revenues, it projects an EBITDA of $2.47 billion. That’s slightly less than the Street’s $2.48 billion estimate as the corporation makes growth investments during the quarter.
Uber Technologies, Inc. (NYSE:UBER) is a global technology platform that links users to cargo, food delivery, and taxi services.
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Disclosure: None. This article was originally published in Internal jumpsuit.