Uber Technologies’ (UBER) stock has climbed 6.1% over the past week and 10.4% over the past month, though it remains down 5.4% over the last year. Wall Street’s analysts are strongly bullish, with a StrongBuy consensus and a 12‑month average price target of $104.57, implying meaningful upside from the last close of $79.17.
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Ronald Josey of Citi reiterated his Buy rating on UBER with a $110 price target, implying about 38.9% upside based on current levels. He points to accelerating growth in Mobility and Delivery, the rapid expansion of Uber One to 50 million members, and Uber’s ambition to become the largest facilitator of autonomous vehicle trips globally by 2029.
Josey highlights that Mobility gross bookings grew 20% year over year ex‑FX, while Delivery grew 23% ex‑FX despite U.S. weather and Middle East headwinds. He believes easing insurance costs, improving affordability, and strong engagement from Uber One members, who account for roughly half of gross bookings, can support sustained growth across the platform.
Doug Anmuth of J.P. Morgan also reiterated a Buy (Overweight) rating and raised his price target to $110, noting that first‑quarter gross bookings and EBITDA beat guidance despite external headwinds. He stresses the strength of Uber One, where members spend three times more than non‑members, and sees Uber on track to beat its three‑year growth and profitability targets.
Bernie Mcternan of Needham reiterated his Buy rating with a $109 target, citing another quarter of 20%+ bookings growth and expectations for U.S. mobility to accelerate in 2026, even as AV debates weigh on the stock’s valuation. Eric Sheridan of Goldman Sachs echoed the bullish stance with a $115 target, emphasizing Uber’s expanding app ecosystem, strong U.S. mobility and international delivery trends, and growing use of AI, all of which he believes can drive compounding gains in revenue and profits. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.