10 Most Undervalued Tech Stocks to Buy in 2026

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

FWD P/E Ratio: 13.55

Number of Hedge Funds: 143

​Uber Technologies, Inc. (NYSE:UBER) is one of the Most Undervalued Tech Stocks to Buy in 2026. On January 15, Jake Fuller from BTIG reiterated a Buy rating on the stock with a $100 price target. A day earlier, on January 14, Exane BNP Paribas also initiated Uber Technologies, Inc. (NYSE:UBER) with a Buy rating and a $108 price target.

​BTIG calls Uber one of the most compelling growth stories in the consumer internet segment. The firm highlighted that this sentiment is based on a combination of factors, including secular growth, margin expansion, and share buybacks. Although the firm acknowledged the expectation of mixed results for the US market, it only represents a minority segment of the company’s overall business. BTIG expects Uber Technologies, Inc. (NYSE:UBER) to deliver results with the company’s guidance and expects foreign exchange-neutral bookings at approximately 20%.

​Similarly, BNP Paribas also noted the company to be a winner in the mobility and delivery segments, despite the fear of autonomous vehicles impacting Uber’s business in the long-term.

Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services.

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.

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