Uber Technologies (UBER) stock has fallen 1.5% over the past week, gained 4.1% in the last month, yet is still down 12.1% over the past year. Wall Street’s analysts are strongly bullish, forecasting a move toward an average 12‑month price target of $106.18, well above the last closing price of $75.12.
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The most recent voice among them is Justin Post of BofA, who reiterated his Buy rating on UBER on May 4, 2026, with a price objective of $103. That target implies meaningful upside from current levels, reflecting his confidence in Uber’s growth in mobility, delivery, and especially autonomous vehicles.
Post expects first‑quarter results to be largely in line with Street estimates, with gross bookings value rising about 20% year over year in constant currency and EBITDA around $2.45 billion. He notes weather issues and Uber’s growth investments could limit near‑term surprises, but sees steady demand in Delivery and only moderate cooling in Mobility.
Looking ahead to the second quarter, his forecast brackets consensus, calling for bookings of roughly $55.25–$56.75 billion and EBITDA near $2.65 billion, translating to adjusted EPS of $0.76–$0.80. He also highlights that changes in merchant fees could bolster profits or help fund further investments in AV technology and merchant acquisition.
A key driver of sentiment, according to Post, is Uber’s autonomous vehicle pipeline, including multiple partnerships and progress with Nvidia, as well as the planned ramp‑up of U.S. AV operations in the second half. This 5‑star analyst ranks 120 out of 12,175 on TipRanks, with a success rate of about 64.8% and an impressive 23% average return per rating. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.