Shares of Uber Technologies (NYSE:UBER) climbed over 3% Monday to an all time peak of $96.68. The rally lifted Uber's market value to nearly $202 billion as investors applauded its recent performance.

Over the past year, Uber's stock has jumped roughly 52%, reflecting growing confidence in the ride?hailing and delivery giant. Annual revenue reached $45.4 billion.

Analysts maintain a "outperform" consensus, with the highest price target at $97.

In other developments, Moove is closing in on a $1.2 billion debt deal to scale its autonomous?driving fleet with Waymo, a unit of Alphabet (NASDAQ:GOOGL). Meanwhile, Uber Eats has added six regional supermarket chains, including Big Y and King Kullen, to its grocery service.

Uber is also in talks to acquire Pony.ai's U.S. operations, a move backed by Bernstein, which maintains an outperform rating and a $95 target. BMO Capital highlights Waymo's leadership in self?driving tech, while Citizens JMP warns of a San Francisco mileage slowdown.

All told, Uber's record share price caps a series of strategic moves aimed at diversifying and strengthening its core businesses.