Uber Technologies Stock Forecast: Trending Bullish With Strong Analyst Backing

Uber Technologies’ (UBER) stock has risen 2.1% over the past week and 6.0% in the last month, though it is still down 6.8% over the past year. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and a 12‑month average price target of $105.84, implying meaningful upside from the last closing price of $76.73.

Ronald Josey of Citi reiterated his Buy rating on UBER on May 7, 2026, setting a $110 price target, which suggests about 38.9% upside from current levels. Josey sees demand tailwinds as mobility gross bookings reaccelerate, Uber One membership hits 50 million, and autonomous vehicle partnerships ramp, positioning Uber to become the largest AV trip facilitator by 2029.

Doug Anmuth of J.P. Morgan also reiterated a Buy (Overweight) on May 7, with a raised price target of $110 from $105, citing continued strong execution and platform strength. He highlights Uber One as a key growth engine, with members now over 50 million, contributing more than half of mobility and delivery gross bookings and spending three times more than non‑members.

Bernie Mcternan of Needham reiterated his Buy rating with a $109 price target, pointing to another quarter of 20%+ constant‑currency bookings growth and better‑than‑expected core results. He acknowledges AVs as a valuation overhang but notes Uber’s improving category position in Los Angeles and San Francisco, assuming a robust 30% adjusted EPS CAGR over the next three years.

Eric Sheridan of Goldman Sachs reaffirmed his Buy call with a street‑high $115 price target, emphasizing a strong start to 2026 driven by platform and product momentum. He underscores resilient mobility demand despite weather and geopolitical headwinds, growing delivery in non‑restaurant verticals, and a diversified capital allocation strategy increasingly powered by AI‑driven personalization.

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