1314 ET - Uber's platform and fleet management capabilities position it as "the best and most critical platform in the AV value chain," according to BMO in a note, as the company strikes partnerships with a handful of autonomous vehicle providers. The analysts favor Uber's "asset-light approach as a demand aggregator" and says the company's model of third-party AV partnerships reduces the risk of over-reliance and disintermediation posed by Waymo, at once Uber's partner in some markets and a vertically-integrated competitor in others. "We are incrementally positive on Uber's AV partnership strategy and believe the company is well-positioned to win in a rapidly growing multi-trillion-dollar opportunity," the analysts say. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
March 13, 2026 13:14 ET (17:14 GMT)
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