Nvidia is partnering with Uber to deploy a fleet of robo taxis powered by its autonomous driving software, a development that is seen as positive news for Uber investors.
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Did Nvidia Finally Put to Rest the Thought That Tesla Will Kill Uber? | UBER Stock Analysis
Apr 15, 2026
Parkev Tatevosian, CFA, discusses the recent partnership between Uber and Nvidia, which involves deploying robo taxis powered by Nvidia's software. He believes this news is positive for Uber stock, reinforcing his view that Uber is one of the best stocks to buy this year. Despite a recent price increase, he sees significant upside potential for Uber, estimating its intrinsic value to be nearly double its current market price, though he anticipates a gradual appreciation due to Tesla's strong marketing influence.
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While acknowledging Tesla's marketing genius, Parkev Tatevosian, CFA, suggests its driverless car technology progress is slow and that its marketing has unfairly depressed Uber's valuation.
Parkev Tatevosian, CFA, reiterates his buy rating on Uber stock, citing a new partnership with Nvidia for robo taxis and a significant gap between its current price and intrinsic value.
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UBERbuy opened Apr 15, 2026
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