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Uber Technologies, Inc. (UBER) Outlines Its Strategic Vision at Morgan Stanley Conference

Uber Technologies, Inc. (NYSE:UBER) is included in our list of the 9 best stocks to buy according to billionaire Bill Ackman, representing 15.90% of the total holdings.

As of the end of the fourth quarter of 2025, Uber Technologies, Inc. (NYSE:UBER) ranked as the second-largest investment of Pershing Square. The hedge fund held over 30.21 million shares of Uber Technologies, Inc. (NYSE:UBER), slightly trimming its stake from the previous quarter to approximately $2.47 billion.

Pershing Square pinpointed Uber Technologies, Inc. (NYSE:UBER) in its 2025 annual report as a high-quality, capital-light platform supported by strong network effects. The firm further asserted that third-party AV integrations will likely drive superior fleet utilization and significant operating leverage. Additionally, Pershing Square also highlighted the company’s 20% constant-currency bookings growth, 13.6 billion annual trips, and a robust 50% rise in operating profit in 2025. The report noted that the hedge fund created a position in Uber in early 2025 as it viewed the valuation as attractive.

Their call played well till September 2025, when the stock rallied to nearly $100 from $75 levels in early 2025. But the stock has given up those gains and is now marginally down over the last one year.

Their report also highlighted the supporting factors for Uber’s investment case. It argued,

We believe that AV technology will not be a winner-take-all model and that third-party networks, and Uber in particular, have a valuable role to play. The stock market clearly underappreciates the durability of Uber’s moat, the magnitude of its earnings growth, and the strategic role it will play in shaping the future of mobility.  Uber currently trades at less than 20 times our estimate of earnings per share, which is a bargain relative to our expectation that Uber will generate 30% or greater annual earnings per share growth over the medium-term.

It further added, “We believe that the combination of Uber’s rapid earnings-per-share growth and the potential for significant valuation multiple expansion, as investors better appreciate the sustainability of Uber’s future growth prospects and competitive positioning, should drive substantial future share price appreciation.

Meanwhile, at the Morgan Stanley Technology, Media & Telecom Conference on March 2, 2026, CFO Balaji Krishnamurthy articulated Uber Technologies, Inc. (NYSE:UBER)’s strategic pillars: reinvestment in the core business, spending on autonomous vehicle technology, disciplined mergers and acquisitions, shareholders’ returns, and maintaining an investment-grade balance sheet.

Uber Technologies, Inc. (NYSE:UBER) delivered $10 billion in FCF in 2025 and returned more than $6 billion to shareholders. Management also highlighted grocery and retail gross bookings of $12-$13 billion and projected AV deployments up to 15 cities by the end of the year.

Uber Technologies, Inc. (NYSE:UBER)’s CFO, Balaji, purchased shares worth $1.60 million on February 24, 2026. The executive’s purchase followed DA Davidson’s update on the previous day, where the investment firm projected a healthier pricing environment to fuel acceleration in U.S. trip and gross bookings growth.

Uber Technologies, Inc. (NYSE:UBER) is a technology platform offering ride-hailing, food delivery, and freight services through Mobility, Delivery, and Freight segments. The company was founded in 2009 and is headquartered in San Francisco, CA.

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.

READ NEXT: 12 Best Beaten Down Technology Stocks to Buy According to Wall Street Analysts and 7 Most Volatile Stocks Under $5 for Day Trading.

Disclosure: None.  Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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