Stifel Raises PT on Uber (UBER) to $124, Highlights Network Strength, Autonomous Vehicle Debate

Uber Technologies Inc. (NYSE:UBER) is one of the stocks that should double in 3 years. On October 24, Stifel raised the firm’s price target on Uber to $124 from $116 and kept a Buy rating on the shares. This decision came as part of a broader research note that previewed Q3 2025 results in the e-commerce sector. Stifel cited headlines intra-quarter related to autonomous cars pressuring the stock down a bit, but also pointed out that the Q3 results look reasonable.

Stifel Raises PT on Uber (UBER) to $124, Highlights Network Strength, Autonomous Vehicle Debate

Earlier on October 15, Guggenheim analyst Taylor Manley initiated coverage of Uber with a Buy rating and $140 price target. The firm is positive on the company’s industry-leading network, technology, and brand equity. The debate over autonomous vehicle adoption will continue to drive investor sentiment. Bulls will focus on the potential for market expansion, while bears will highlight the risk of disintermediation.

Uber Technologies Inc. (NYSE:UBER) develops and operates proprietary technology applications internationally. It operates through three segments: Mobility, Delivery, and Freight.

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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Disclosure: None. This article is originally published at Insider Monkey.