UBER Stock Today: February 28 — Uber Air Booking Unveiled, AV Push Accelerates
UBER stock was steady near $74.80 on 28 February after Uber introduced in‑app booking for Joby Aviation’s electric air taxis and set plans to scale autonomous vehicles to 15 cities by end 2026. Management also highlighted strong 2025 EBITDA and free cash flow goals. For Australian investors, the moves expand mobility reach and platform efficiency. Key watchpoints include FAA certification for Uber Air, local approvals for self‑driving, and execution. We break down today’s updates, market reaction, technicals, and what it could mean for portfolios in Australia.
Uber Air and AV rollout: what changed today
Uber added booking for Joby’s electric air taxis inside the app, creating a single experience across rides, delivery, and future flights. Commercial service depends on FAA type certification and route permissions, so timelines can shift. The integration matters because it raises conversion and data advantages for Uber. See the joint update for details source.
Uber aims to expand autonomous vehicles to 15 cities by end 2026, using a partner model to limit capital needs. More self‑driving miles can lower per‑trip costs and improve reliability during peak times. City approvals and safety validation remain gating items. For Australia, any rollout would require regulator sign‑off and local pilots before meaningful scale.
Why this matters for value and growth
Air taxis broaden Uber’s mobility funnel, from airport transfers to premium, time‑sensitive trips. In‑app booking can raise take rates and unlock subscription and loyalty tie‑ins. Autonomous vehicles can improve unit economics and surge coverage. Together, these moves can lift gross bookings and free cash flow over time. Market context and early tests are encouraging source.
Certification and safety are the key risks. Uber Air depends on FAA progress, then other regulators. In Australia, CASA would assess any operations, and infrastructure will take time. For AVs, city approvals, edge‑case safety, and public trust matter. Execution missteps or delays could weigh on UBER stock multiples, even if long‑term optionality remains intact.
UBER stock today: price, ratings, and cash
UBER stock traded at $74.80, with a day range of $72.83 to $76.10 and market cap of $156.36 billion. YTD is -9.06 percent, 1‑year is +1.54 percent, and the P/E is 15.91 on EPS of 4.73. The 50‑day average is 79.2588 and the 200‑day is 88.5963, both above spot. That suggests room to rebuild momentum if catalysts land.
Analysts are constructive: 38 Buy, 3 Hold, 0 Sell, consensus 3.00. Company rating on 27 Feb 2026 is A‑ with a Buy view. Next earnings is scheduled for 6 May 2026 at 04:00 UTC. Management targets strong 2025 EBITDA and free cash flow, and forecasts imply upside toward $94.54 quarterly and $108.42 yearly, subject to execution and market risk.
Technical view and levels to watch
RSI is 47.52, near neutral. MACD histogram is 0.40, hinting at a tentative turn. ADX at 34.99 signals a strong trend, while Awesome Oscillator is negative, so confirmation is needed. MFI at 37.38 shows no stress. Combined, the setup favors patience, with a preference to buy strength on confirmed breakouts rather than fading weakness.
Bollinger Bands sit at 67.46 lower, 74.19 middle, and 80.93 upper. Holding the middle band near $74.19 would be constructive for UBER stock. ATR is 2.64, useful for position sizing. Initial resistance is the 50‑day at 79.26, then the 200‑day at 88.60. A close below 72.83 would weaken the near‑term view.
Final Thoughts
Uber’s app integration for Uber Air with Joby Aviation and a faster push into autonomous vehicles expand its product map and potential margins without heavy capital needs. The near‑term upside case for UBER stock rests on rising engagement, better unit economics, and strong 2025 cash generation. The bear case centers on certification delays, city approvals, and the risk that adoption lags. For Australian investors, consider a staged approach. Track FAA milestones, partner announcements, and city‑level AV wins. Watch the 50‑day and 200‑day moving averages as signals. If momentum improves and execution stays on plan, the medium‑term setup could support higher estimates and multiples. Size positions with volatility in mind, and reassess at earnings.
FAQs
What does Uber Air mean for UBER stock near term?
Uber Air adds a premium product that can lift engagement and take rates, but commercial timing depends on FAA certification and route approvals. Near term, sentiment improves from app integration and demo flights. The share price reaction will likely track milestone news, early routes, and partnerships rather than large revenue contribution in 2025.
How could autonomous vehicles affect Uber’s margins?
Self‑driving trips can lower driver cost per kilometre, improve peak coverage, and reduce wait times. That can lift contribution margins in Mobility and support steadier pricing. Impact will vary by city adoption and hours of autonomous operation. Scaling to many cities by 2026 is the goal, but approvals and safety data will guide pace.
Which risks should Australian investors watch now?
Key risks are certification delays for Uber Air, city‑level approvals for autonomous vehicles, and any safety incidents. In Australia, CASA and local authorities would need to approve operations. Execution missteps, slower adoption, or regulatory pushback could cap multiple expansion, even if long‑term optionality remains. Monitor milestone timelines and cash flow delivery.
What technical levels matter for traders today?
Watch the Bollinger middle band near $74.19 as a pivot. A push above the 50‑day at 79.26 could open room toward 88.60, the 200‑day. Losing $72.83, today’s low, weakens the setup. ATR of 2.64 can guide stop distances. Wait for confirmed breakouts to avoid false starts.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
What brings you to Meyka?
Pick what interests you most and we will get you started.
I'm here to read news
Find more articles like this one
I'm here to research stocks
Ask our AI about any stock
I'm here to track my Portfolio
Get daily updates and alerts (coming March 2026)