(UBER) stock has fallen 3.4% over the past week, but gained 6.2% over the last month while slipping 1.8% over the past year. Wall Street’s analysts are strongly bullish, with a StrongBuy consensus and forecasting meaningful upside over the next twelve months.
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The average 12‑month price target stands at $105.59 versus a last close of $75.12, implying substantial potential gains if forecasts play out. Analysts see room for re‑rating as Uber’s core Mobility and Delivery businesses stay solid and profitability continues to improve.
Ronald Josey (Citi) reiterated Uber to Buy on 3/23/2026 with a $110 price target, suggesting roughly 48.9% upside from current levels. He argues that Uber’s expanding autonomous vehicle partnerships and improving economics position the company to benefit as AV adoption accelerates.
Josey highlights that Uber aims to become the largest facilitator of AV trips globally by 2029, with AV testing or operations expected in about 18 cities by the end of 2026. New or expanded partnerships with NVIDIA, Zoox, Nissan, Wayve, Motional, WeRide, Baidu, and Rivian are set to ramp from the second half of 2026 and into 2027 and beyond.
According to his report, AI and hardware cost efficiencies are cutting launch times and vehicle costs, with some AVs estimated at roughly $40,000–$45,000 to manufacture. Uber’s scale also appears to boost AV utilization, with AVs on its platform in cities like Austin and Atlanta completing more trips per vehicle per day and offering lower wait times versus some competitors.
This N‑star analyst ranks 3145 out of 12068, with a 46.8% success rate and 3.2% average return per rating. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.