Uber price target lowered to $105 from $108 at DA Davidson

DA Davidson lowered the firm’s price target on Uber (UBER) to $105 from $108 but keeps a Buy rating on the shares. Uber expects U.S. trip and gross bookings growth to accelerate further in 2026 on the back of a healthier pricing environment supported by lower insurance costs, strong supply dynamics, and accelerating product innovation, the analyst tells investors in a research note.