Bank of America Securities analyst Justin Post has maintained their bullish stance on UBER stock, giving a Buy rating yesterday.
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Justin Post has given his Buy rating due to a combination of factors related to Uber’s deepening role in autonomous mobility. He highlights that the expanded Lucid partnership, which lifts Uber’s total investment to $500 million and secures at least 35,000 purpose‑built AVs priced under $50,000, strengthens Uber’s long‑term cost and capacity outlook in ride‑hailing.
Justin Post’s rating is based on his view that Uber’s U.S. autonomous vehicle rollout is gaining traction, with Bay Area operations planned for the second half of 2026 alongside expected launches in Las Vegas and Los Angeles with other partners. He sees these AV deployments, combined with improving production visibility and competitive positioning versus Waymo and Tesla, as potential share price catalysts that support a Buy recommendation and a $103 price objective.
According to TipRanks, Post is a 5-star analyst with an average return of 21.2% and a 63.91% success rate. Post covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Alphabet Class C.
In another report released yesterday, Bernstein also maintained a Buy rating on the stock with a $110.00 price target.