12 Strong Buy Stocks with High Upside According to Analysts

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

Upside Potential: 43.00%

On July 6, Wells Fargo lowered its price target on Uber Technologies, Inc. (NYSE:UBER) to $100 from $102 while maintaining an Overweight rating on the shares. The firm expects Uber to deliver another strong quarterly performance and guidance outlook, supported by continued momentum in its core mobility business. While investors remain focused on the potential impact of autonomous vehicle adoption, Wells Fargo believes Uber can sustain solid double-digit growth in U.S. mobility volumes through 2027 even as autonomous ride-hailing competitors expand their fleets. The firm noted that the market will likely require additional evidence demonstrating Uber’s ability to successfully navigate the evolving transportation landscape.

Earlier, on June 24, Uber Technologies, Inc. (NYSE:UBER) announced the addition of several new retail partners to its Uber Eats marketplace, further expanding its on-demand commerce ecosystem. Customers can now purchase products from retailers including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet through the Uber Eats, Uber, and Postmates applications. The expansion broadens Uber’s retail offerings beyond restaurants and grocery delivery, strengthening its position as a comprehensive local commerce platform capable of serving a wider range of consumer needs.

Among the strong buy stocks with high upside according to analysts, Uber Technologies, Inc. (NYSE:UBER) was founded in 2009 and is headquartered in San Francisco, California. It operates a global technology platform connecting consumers with transportation, food delivery, and freight services.