BTIG Maintains a Buy Rating on Uber Technologies (UBER)

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.

While we acknowledge the risk and potential of UBER as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than UBER and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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