Uber (UBER) Partners with Amazon’s Zoox for Autonomous Ride Expansion

1 week ago 5

Sheryar Siddiq

Tue, March 17, 2026 astatine 7:42 AM CDT 1 min read

Uber Technologies, Inc. (NYSE:UBER) ranks among the best FAANG+ stocks to put successful close now. Following Uber Technologies, Inc. (NYSE:UBER)’s concern with Zoox, Amazon’s autonomous conveyance division, BofA Securities reiterated a Buy standing and a $103 terms people for the institution connected March 11. The deployment is anticipated for Las Vegas successful the summertime of 2026 and Los Angeles successful mid-2027.

BofA expects Zoox to screen security and fleet costs, with rider pricing expected to beryllium comparable to oregon higher than UberX prices, fixed its higher-end autonomous-vehicle experience. On the different hand, the steadfast anticipates Uber’s instrumentality complaint connected Zoox journeys to beryllium little than UberX, considering the partnership’s relevance to Uber Technologies, Inc. (NYSE:UBER) and its pricing exemplary displacement that lowers Uber’s security load.

That said, BofA expects Zoox’s publication volition person small power connected Uber’s full instrumentality rates and profitability done the extremity of 2027.

Uber Technologies, Inc. (NYSE:UBER) is simply a salient planetary supplier of ride-hailing, nutrient delivery, and freight services. Since its inception, the institution has revolutionized municipality proscription by connecting drivers and passengers done its mobile app.

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