Uber Technologies Stock Forecast: Trending StrongBuy Among Analysts

Uber Technologies (UBER) stock has risen 22.7% over the past year, was flat over the last month, and slipped 0.7% in the past week, reflecting a period of consolidation after strong gains. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and a 12‑month average price target of $113.07 versus a last closing price of $81.70, implying meaningful upside potential ahead. Investors are watching closely as Uber prepares to report its fourth‑quarter results on February 4, with expectations centered on continued growth in bookings and revenue.

Analysts see room for further gains in Uber’s stock, driven by solid demand in both its ride‑hailing and delivery businesses, as well as growing excitement around autonomous vehicles (AVs). The Street’s 12‑month targets suggest continued confidence in Uber’s ability to expand its business and improve profitability through 2026 and 2027, even as the share price trades well below its 52‑week high of $101.99. With the stock currently near the middle of its 52‑week range of $60.63 to $101.99, investors are weighing whether recent sideways trading could be a springboard for the next leg higher.

Among individual experts, Justin Post of Bank of America stands out as a key voice on Uber. Post, who ranks 54 out of 11,984 analysts on TipRanks and holds a strong track record with a 68.65% success rate and an average return of 25.00% per rating, reiterated his Buy rating on UBER on January 30, 2026. He set a price objective of $110.00, implying a sizeable upside from the current $81.70 level and aligning closely with the broader Street target. Post lowered his target from $119 as he shifted his valuation framework, but his stance remains clearly bullish.

Post’s latest report highlights several reasons for optimism. For the fourth quarter, he expects upside to both bookings and revenue versus his and the Street’s estimates, calling for around $53.3 billion in bookings and $14.4 billion in revenue, with EBITDA near $2.47 billion. He notes that industry data, including Bank of America’s aggregated credit and debit card spending, points to stable growth in online transit and restaurant spending, supporting Uber’s mobility and delivery trends. Looking ahead to the first quarter, he forecasts bookings of $50.75–$52.25 billion (about 20% year‑over‑year growth at the midpoint), EBITDA of $2.47 billion, and adjusted EPS of $0.77 as Uber leans into a new earnings metric, while continuing to invest for growth.

Another major theme in Post’s analysis is the role of autonomous vehicles. He believes AV developments, particularly around Waymo and Tesla ramps into 2026, will be a top driver of investor sentiment and could unlock valuation multiple expansion for Uber, which he currently values at 12x 2027 EBITDA and 13x 2027 price‑to‑free‑cash‑flow. While he flags risks from increased AV competition and higher investment spending as Uber advances its three‑year plan, he thinks the company is entering 2026 in a strong position, with management recently emphasizing continued momentum and a target of 17% bookings growth. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.