Uber Stock Is a ‘Buy,’ Say Top Analysts Post Q1 Earnings Report

Uber Technologies (UBER) is up in the pre-market trading after reporting strong Q1 2025 results. Revenue rose 14% year-over-year to $11.5 billion, just shy of the expected $11.63 billion. Also, adjusted EPS came in at $0.83, well ahead of the $0.51 forecast and a sharp swing from a $0.32 loss a year ago. Meanwhile, trips rose 18%, fueled by a 14% increase in monthly active platform consumers. Building on this momentum, Uber also announced five new self-driving partnerships, strengthening its push into autonomous mobility.

Following the earnings release, several Top analysts reaffirmed their bullish views on the stock, raising their price targets while maintaining Buy ratings.

Analyst Reactions to Q1 Print

Goldman Sachs analyst Eric Sheridan raised his price target on Uber from $96 to $110 and maintained a “Conviction Buy” rating. The Top analyst pointed to steady growth in the company’s Mobility and Delivery segments, supported by higher ride volumes and more frequent food orders. Sheridan also noted Uber’s consistent margin improvements and highlighted its $1.8 billion share buyback in the quarter. He believes Uber is striking the right balance between rewarding shareholders and investing in growth.

Meanwhile, another Top analyst, John Colantuoni of Jefferies, also raised his price target, increasing it from $90 to $100, and kept a Buy rating. He said Uber’s strong performance and rising profit margins signal a clear growth path. While Mobility bookings came in slightly below expectations, he emphasized Uber’s expanding AV (autonomous vehicle) partnerships—now totaling 18 globally—as a key advantage. This expansion is helping Uber reach lower-density areas and unlock new growth opportunities. Colantuoni reiterated Uber as his “top pick” among large-cap names, supported by its industry-leading EBITDA growth.

Similarly, KeyBanc analyst Justin Patterson raised his price target on Uber to $90 from $80 and kept a Buy rating on the stock. The Top analyst said Uber’s strong Q1 results ease near-term concerns about the economy and highlight future growth opportunities in areas like advertising, grocery and retail delivery, and expansion into less crowded markets.

Although self-driving cars still come with some doubts, Patterson pointed to early signs of success from Uber’s deal with Waymo, Google’s (GOOGL) self-driving car unit, in Austin, Texas. The program is off to a strong start, showing that Uber’s plan for driverless cars could work well. Overall, the analyst said he now feels more sure about Uber’s outlook over the next few years, which is why he raised his price target.

 Is UBER a Good Stock to Buy?

Overall, Wall Street has a Strong Buy consensus rating on UBER stock, based on 22 Buys and two Holds assigned in the last three months. The average Uber price target of $89.45 implies about 6.9% upside potential from current levels.

 See More UBER Analyst Ratings

Disclosure