30 Most Fantastic Stocks Every Investor Should Pay Attention To

21. Uber Technologies Inc. (NYSE:UBER)

Market Cap: $194.5 Billion

Number of Hedge Fund Holders: 152

Uber Technologies Inc. (NYSE:UBER) is among the most fantastic stocks every investor should pay attention to. Following the strong Q3 results, Goldman Sachs’ analyst Eric Sheridan maintained his Buy rating on the company but raised his price target from $120 to $126, according to TheFly.

Sheridan identified several key catalysts for the company’s performance in Q3, with strong bookings and demand for its delivery services being highlighted as the primary drivers, along with rising adoption of its Uber One membership program. The analyst highlighted Uber’s expanding ecosystem with its investment in a multi-platform strategy.  Of these, he particularly liked the strategic investments in mobility, autonomous vehicle (AV) initiatives, and the Eats business.

Goldman Sachs now estimates that Uber’s gross bookings will grow at a mid-teens CAGR between 2025 and 2028, with adjusted EBITDA expected to rise more than 20%.

Meanwhile, Uber Technologies Inc. (NYSE:UBER) reported Q3 gross bookings of $49.74 billion, reflecting a substantial 21% year-over-year growth. However, its weaker-than-expected profitability weighed on an otherwise robust performance in the rideshare and delivery businesses. The company reported an operating income of $1.11 billion, which fell short of the Bloomberg consensus of $1.62 billion, due to the impact of charges related to some undisclosed legal and regulatory matters. Q4 adjusted EBITDA guidance of $2.41 billion to $2.51 billion was also modestly below expectations at the mid-point.

That said, the Q4 gross bookings guide of $52.25 billion to $53.75 billion exceeded street expectations, partially offsetting the pressure on profitability.

Uber Technologies Inc. (NYSE:UBER) is a global technology platform that connects consumers with transportation, delivery, and logistics services. The company operates through its Mobility, Delivery, and Freight segments, offering ride-hailing, meal delivery, and freight brokerage solutions.