Uber Technologies Inc. (UBER): Bill Ackman Continues to Be Bullish

We just covered the 10 Best Long-Term Stocks to Buy According to Bill Ackman and Uber Technologies, Inc. (NYSE:UBER) ranks 2nd on this list.

Uber Technologies, Inc. (NYSE:UBER) has been a mainstay in the 13F portfolio of Pershing Square since the first quarter of 2025. Back then, this position consisted of 30.3 million shares. Filings for the fourth quarter of 2025 show that the fund owns 30.1 million shares in the company, roughly the same as in the third quarter of 2025. The firm develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities.

Uber Technologies (UBER) Highlights Growth and Innovation at a Recent Confernce

Uber Technologies, Inc. (NYSE:UBER) is in the middle of a transformation from a gig labor business into an autonomous vehicle and high-margin advertising powerhouse. Earlier this month, Uber expanded a commitment to Lucid, now holding an 11.5% stake in the EV maker. This deal secures a pipeline of at least 35,000 robotaxis, including the Lucid Gravity and a new midsize platform, that Uber will operate directly. Unlike Tesla, which builds its own cars, top investors value this partnership first model. By integrating platforms like Waymo, Nuro, and Coco Robotics, the latter launched with Uber Eats in San Jose this week, Uber acts as the operating system for autonomous trips without the risk of manufacturing failures.

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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