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Uber announces Austin riders can experience Waymo on freeway trips as stock edges lower
Uber announced on August 30, 2026, that riders in Austin will begin to experience Waymo vehicles on eligible freeway trips. Separately, the stock edges lower on the day, trading at $70.33.
UBER price prediction
Current price:
$66.77
0.0650
0.10%
Real-time Data
14:05
Daily range
66.04
66.94
66.94
Weekly range
64.15
67.47
67.47
Loading...
Highlights
- Uber riders in Austin will start to see Waymo autonomous vehicles operating on eligible freeway trips.
- 175 of 206 analysts rate Uber stock a buy, with a median price target of $100 and only 4 recommending a sale.
- Uber stock edges lower on the day, trading at $70.33.
Uber announced that riders in Austin will gradually be able to experience Waymo autonomous vehicles on eligible freeway trips. The statement came directly from the company. Out of 206 covering analysts, 175 rate Uber stock a buy, while 4 recommend selling.
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Bearish structure persists as Uber tests weekly support
Uber stock is testing support from the weekly low at $70.08. The daily chart remains bearish, with shares holding below the MA-20, MA-50, and MA-200. Stoch RSI is nearing oversold territory, pointing to early signs that the recent decline may be getting stretched.
Clear downside risk as trading range points to seller control
To gauge whether the event is affecting the price, traders should watch whether Uber stock decisively moves away from support at $70.08. Price is currently testing that area but has not cleared it. While the past week has seen a contained move within a narrow range, from here the downside probability over the next five trading days is more than 80%, with less than 20% probability for upside and an expected trading range of $69.49 to $71.16. A close above $71.94 would show buyers are willing to follow through, while a drop below $70.08 would indicate sellers are regaining control. On the weekly chart the longer-term picture stays firmly negative.
Earlier, analysts noted that Uber was in a period of heightened operational uncertainty and persistent downside risk, with technical indicators supporting a bearish outlook. The current setup reinforces this view, as shares remain under pressure and traders should monitor whether the stock can hold above the key $70.08 support to avoid further declines.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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