10 High Growth Technology Stocks That Are Profitable

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1. Uber Technologies, Inc. (NYSE:UBER)

Revenue Growth (5y): 35.41%

Net Profit Margin: 33.54%

Uber Technologies, Inc. (NYSE:UBER) tops our list for being one of the high growth stocks.

TheFly reported on January 30 that BofA Securities analyst Justin Post reduced UBER’s price target to $93 from $96 and reiterates a Buy rating. Post considers the uncertainties surrounding autonomous vehicles to be a near-term overhang, and the revision reflects this impact on valuation. He did point out that steady revenue growth, better margins in 2025, and a stabilized AV outlook would eventually support valuation expansion.

Uber Technologies, Inc. (NYSE:UBER) announced the creation of AV Labs earlier on January 27. AV Labs is an internal team dedicated to using real-world data to further the development of autonomous vehicles. By creating a massive data flywheel that records uncommon and intricate driving situations seen in real-world operations, the team intends to tackle one of autonomy’s major problems. According to UBER, AV Labs will transform these edge-case occurrences into superior training data, facilitating faster learning for autonomous systems and advancing the autonomy ecosystem as a whole.

Uber Technologies, Inc. (NYSE:UBER) is a global technology platform that connects users to rides, food delivery, and freight services. It operates worldwide and has expanded into logistics, transit, and advertising, achieving its first annual operating profit in 2023.

While we acknowledge the potential of UBER to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UBER and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Multibagger Stocks to Buy Heading into 2026 and 7 Best Rising Tech Stocks to Buy Now.

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