5 Best Software Stocks to Buy in 2026

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

Number of Hedge Fund Holders: 153

Uber Technologies, Inc. (NYSE:UBER) is one of the Best Software Stocks to Buy in 2026. Recently, on June 26, analyst Jake Fuller from BTIG maintained a Buy rating on Uber Technologies, Inc. (NYSE:UBER) with a price target of $100.

​The analyst noted that while the near-term autonomous vehicle catalysts remain limited, as Waymo is dominating the US AV landscape. However, the analyst does not see this as a major challenge for Uber. Jake noted that the market is over-discounting the company’s US rideshare business to an extent where it almost assigns no value to it, once delivery and international rideshare are valued at reasonable EBITDA multiples separately.

​Jake expects the AV ecosystem to become more fragmented over time, with multiple platforms coexisting rather than one winner-take-all player. In that scenario, he sees Uber positioned as a key demand aggregator, even if that future is still years away. Overall, the Street remains bullish on the stock, with analysts’ 12-month price target suggesting more than 43% upside from the current level.

Uber Technologies Inc. (NYSE:UBER) is a global transportation technology company that focuses on ride-hailing, courier services, food delivery, and freight transport.