The stock market's impressive performance last year propelled some companies to new heights. Just look at (NYSE: UBER).

This gig-economy stock has more than doubled in the last 12 months, and it recently hit a fresh all-time high. It's clear that investor sentiment around the ride-sharing service is soaring. But could shares of this transportation-as-a-service business rise about 50% between now and the end of the year to reach $100?

In the third quarter of 2023, Uber's financial results missed Wall Street expectations. At first glance, this might seem like a disappointment, but the business is still doing well.

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Source Fool.com