logo
Uber will help pair women riders and drivers in the US

Uber will help pair women riders and drivers in the US

Engadget4 days ago
Uber has announced that Women Preferences, a feature which will allow women riders to be matched exclusively with women drivers and vice versa, is being tested in the US. This feature was first launched in Saudi Arabia in 2019 . Competitor Lyft has also operated its Women+ Connect program since 2023 .
In the next few weeks, Women Preferences pilots will begin in Los Angeles, San Francisco and Detroit. Once live, women riders will see an option called Women Drivers when requesting a trip on demand. Reservations can also be made to pre-book a trip with a woman driver. For something less certain, riders can set a preference for a woman driver in their Uber app settings. While this won't guarantee a woman driver, it does increase the chances.
On the driver's side of things, the new feature functions in much the same way. Women drivers will have the option to request trips with women riders at all times of day by toggling on the "Women Rider Preference" in their app settings.
Since its 2019 launch, Uber has expanded this feature to 40 countries, based on user demand and rider feedback. Ride-hailing services like Uber and Lyft have been working to increase rider and driver safety by improving safety tools and expanding ID verification programs.
It's notable that while Lyft's Women+ Connect program acknowledges that the program includes nonbinary drivers and riders, Uber's Women Preferences does not. Much of this was in response to lawsuits and alarming reports of sexual assault and violence during rides. If you buy something through a link in this article, we may earn commission.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Uber Stock Price Prediction: Where Uber Could Be by 2025, 2026, 2030
Uber Stock Price Prediction: Where Uber Could Be by 2025, 2026, 2030

Yahoo

time15 hours ago

  • Yahoo

Uber Stock Price Prediction: Where Uber Could Be by 2025, 2026, 2030

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Analysts are saying that Uber could hit $180 by the year 2030. Bullish on Uber? You can trade Uber futures on eToro, and if it's your first time signing up, . As Uber continues to evolve and adapt to market demands, its stock remains a focal point for investors looking to capitalize on growth in the ride-sharing and food delivery sectors. With recent positive earnings reports and partnerships in self-driving technologies, Uber's future stock performance is under close watch. Current Overview of Uber Stock Uber Technologies currently has a market capitalization of $189.25 billion and a stock price of $90.50. Analysts project a 32% potential increase and a maximum target price of $115 by the end of 2025. The stock's trading volume is 23 million, indicating strong investor interest. Uber's price-to-earnings (P/E) ratio is 15.78, notably higher than the industry average, signaling that investors are betting on Uber's future growth rather than its current earnings. This optimism is supported by the company's 2024 performance, driven by a growth in ride-sharing revenue and increased self-driving vehicle trips. With recent developments, such as Tesla's upcoming Robotaxi service in 2025, Uber's positioning in the market remains strong despite its current P/E ratio being a point of discussion among investors. Don't Miss: This AI-powered trading platform has 5,000+ users, 27 pending patents, and a $43.97M valuation — become an investor for just $500 today. Be part of the breakthrough that could replace plastic as we know it — invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. Methodology for Stock Price Prediction Analysts have relied on a combination of short-term price targets, historical performance and market trends to predict Uber's stock price for the coming years. Our short-term forecasts suggest an average target of $99.84, with a range between $78 and $120. These predictions are based on Uber's current market performance, positive earnings and partnerships. For long-term projections, Uber's stock price in 2030 is expected to reach the $100 mark, factoring in anticipated growth in ride-sharing and autonomous vehicle sectors. This methodology combines technical and fundamental analysis, ensuring that factors like trading volume, earnings growth and future market shifts are considered. Uber Stock Price Prediction for 2025 CoinCodex expects Uber to reach a maximum price of $96, with a minimum of $72, leading to an average price of $85 for the year. Market trends, such as continued growth in autonomous vehicle adoption and partnerships with companies like Waymo, are expected to influence these projections. The volatility of the tech sector and competition in the ride-hailing space could create fluctuations throughout the year. Uber Stock Price Prediction for 2026 In 2026, Uber's stock is expected to trade within a price channel between $62 and $88, with an average price of $75 for the year. However, this bearish outlook may not reflect Uber's ongoing developments in autonomous driving technology, continued growth in Uber Eats and the potential launch of Tesla's Robotaxi service, which could reshape the ride-hailing market and further benefit Uber's positioning. Uber Stock Price Prediction for 2030 By 2030, Uber is projected to see significant growth, with forecasts predicting stock price to reach around $180. These projections are based on the company's performance in previous years, particularly the expected increases in 2027 and 2028. As Uber expands its autonomous vehicle operations and partnerships with technology companies, its stock price is expected to continue its upward trajectory. Analysts believe that Uber's value in 2030 will reflect its dominance in the ride-sharing space and its innovations in food delivery and autonomous transport. Uber is expected to hover around $106 during the year, representing a substantial increase from its current price. Recommended: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. Unlock pro-level trading, without the pro-level fees: Sign up for Generic Trade and trade at $0.59 per side on futures and options, or tour the platform for a free. Is Uber Stock Right For You? Uber's recent upgrade to a Strong Buy rating makes it an attractive choice for investors looking for growth in the tech and transportation sectors. With predictions indicating a rise to almost $180 by 2030, Uber has significant growth potential. Investors should consider the stock's current weak rising trend and ensure that Uber aligns with their personal investment goals. While the stock offers a long-term growth opportunity, it is important to know the volatility of tech stocks and the competitive pressures within the ride-hailing and autonomous vehicle markets. This article Uber Stock Price Prediction: Where Uber Could Be by 2025, 2026, 2030 originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Is Now a Good Time To Invest in Uber? Here's What Experts Say
Is Now a Good Time To Invest in Uber? Here's What Experts Say

Yahoo

timea day ago

  • Yahoo

Is Now a Good Time To Invest in Uber? Here's What Experts Say

Uber Technologies has been one of the best stocks on Wall Street so far in 2025, with shares rising by about 50% year-to-date to far outpace the broader markets. I'm a Financial Advisor: Read Next: The rideshare company's stock hit a record high of $97.71 in early July. Some analysts see the price reaching $120 by year's end — meaning it could be a good time to invest in Uber. Much of the optimism is based on Uber's strong financial results, which include double-digit revenue growth and a continued uptick in bookings. 'A Real Business' One expert with a positive take on Uber is Edward Corona, a Florida-based trader and publisher of The Options Oracle Newsletter. He's targeting a $107 stock price for the rest of the year as long as the company's current positive trends hold. 'Uber is finally acting like a real business — free cash flow is solid, margins are improving, and they've become the default app for way more than just rides,' Corona told GOBankingRates. Although Uber faces a competitive risk from Tesla's robotaxi, Corona calls that a '2026 problem.' For now, Uber's stock chart has 'been in a steady uptrend, and I like it long here,' he added. How To Turn $100K Into a Million: Is Now A Good Time To Buy? Most experts are upbeat about Uber and recommend buying the stock. The vast majority of analysts polled by MarketWatch — 41 out of 57 — have a 'Buy' rating on the stock. The others rate it either 'Overweight' (4 analysts) or 'Hold' (12). As of July 23, the consensus rating is 'Buy' and the average target price is $101.10. A recent analysis from Motley Fool recommended buying Uber shares 'like there's no tomorrow' and cited the following company strengths: Strong revenue growth driven by double-digit increases in gross bookings for mobility and delivery. Competitive advantages from Uber's 'network effect' and ability to leverage 'vast amounts of data.' Although Uber already operates in more than 15,000 cities worldwide, it's still 'not even close' to reaching its full potential. The stock price is still relatively affordable at less than $100 a share. Among the analysts with a particularly bullish take on Uber is Ken Gawrelski of Wells Fargo. As AInvest noted, Gawrelsk recently maintained his 'Overweight' rating on the stock, and raised his price target to $120 from $100. More From GOBankingRates Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck This article originally appeared on Is Now a Good Time To Invest in Uber? Here's What Experts Say Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store