Wedbush Lowers PT on Uber Technologies (UBER) to $78 From $84

Uber Technologies, Inc. (NYSE:UBER) is 1 of the most wide held stocks by hedge funds successful 2025. Uber Technologies, Inc. (NYSE:UBER) received a standing update from Wedbush expert Scott Devitt connected December 19, who slashed the terms people connected the banal to $78 from $84 and maintained a Neutral standing connected the shares.

In addition, Bernstein expert Nikhil Devnani reaffirmed a Buy standing connected Uber Technologies, Inc. (NYSE:UBER) connected December 18 and lifted the terms people to $115.00 from $110.00. The expert based the standing update connected assorted factors, including the company’s strategical positioning successful the processing autonomous vehicles landscape, maturation outlook, and valuation.

Devnani noted that Uber Technologies, Inc. (NYSE:UBER) is trading astatine a discounted aggregate compared to its net powerfulness contempt competitory sound and accrued headlines from peers similar Tesla, Waymo, and Zoox, which points towards the market’s overreaction to near-term AV concerns.

He added that the semipermanent marketplace is expected to overgarment a fragmented representation among AV players, a operation that Uber Technologies, Inc. (NYSE:UBER) tin payment from due to the fact that of its level standard and balance-sheet flexibility. This makes the caller pullback a favorable introduction constituent for investors, according to the analyst.

Devnani further stated that portion Uber Technologies, Inc.’s (NYSE:UBER) ongoing investments successful its halfway Mobility and Delivery operations and autonomous conveyance partnerships whitethorn constrain incremental margins temporarily, the imaginable is apt to enactment stronger EBITDA outperformance and coagulated gross bookings maturation implicit time.

Uber Technologies, Inc. (NYSE:UBER) operates arsenic a exertion level that offers thrust services and merchant transportation work providers for food, groceries, repast preparation, and different transportation services. The company’s operations are divided into Delivery, Mobility, and Freight. The Delivery conception allows users to bid food, portion the Mobility conception provides entree to Mobility Drivers who supply rides successful assorted vehicles. The Freight conception connects Carriers and Shippers.

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.

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