Here’s What Wall Street Thinks About Uber Technologies (UBER)

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Uber Technologies, Inc. (NYSE:UBER) is 1 of the Undervalued Stocks with Biggest Upside Potential. Uber Technologies, Inc. (NYSE:UBER) has been expanding its autonomous conveyance footprint with strategical partnerships and launches astir the world. As a result, Wall Street maintains a Bullish sentiment connected the stock.

Recently, connected December 12, Brad Erickson from RBC Capital reiterated a Buy standing connected the banal with a $110 terms target. Earlier connected December 10, Lloyd Walmsley from Mizuho Securities reiterated a Buy standing connected the banal with a $130 terms target.

Analyst Erickson of RBC Capital noted that they maintained their bullish sentiment pursuing a gathering with the company’s CFO. The expert noted that Uber Technologies, Inc. (NYSE:UBER) remains committed to its autonomous conveyance by maintaining its competitory borderline done its concern and financing strategy. Moreover, the steadfast besides indicated accrued marketplace enlargement for Uber done partnerships successful 2026.

Similarly, Lloyd Walmsley of Mizuho besides noted the autonomous conveyance strategy of the institution arsenic 1 of the cardinal reasons down his Buy rating. The expert noted that Uber Technologies, Inc. (NYSE:UBER) continues to judge that autonomous driving volition yet travel up arsenic a safer and cheaper mode of communication, peculiarly successful labor-expensive markets including the United States and the United Kingdom. Moreover, the expert besides likes the company’s expanded partnerships with cardinal players including Waymo, WeRide, and PonyAI. He believes that these collaborations presumption the institution successful an emerging market.

That said, Uber Technologies, Inc. (NYSE:UBER) connected December 12, launched autonomous robotaxi rides successful Dubai. The work was launched successful collaboration with WeRide and aligns with Dubai’s Self-Driving Transport Strategy to execute 25% autonomous journeys by 2030.

Uber Technologies Inc. (NYSE:UBER) is simply a planetary exertion level that connects consumers with transportation, delivery, and logistics services. The institution operates done its Mobility, Delivery, and Freight segments, offering ride-hailing, repast delivery, and freight brokerage solutions.

While we admit the imaginable of UBER arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.

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