Uber Technologies (UBER) Receives Bullish Rating Updates From Analysts

Uber Technologies, Inc. (NYSE:UBER) is one of the best stocks to buy in 2026 for beginners. Several reputable firms have released bullish rating updates for Uber Technologies, Inc. (NYSE:UBER) since the beginning of 2026.

On January 14, Uber Technologies, Inc. (NYSE:UBER) was initiated with an Outperform rating by BNP Paribas with a price target of $108. The firm told investors that it considers the company to be “a mobility and delivery winner” despite the fear of autonomous vehicles disintermediating the business in the long-term.

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Uber Technologies, Inc. (NYSE:UBER) also received bullish outlooks from Mizuho Securities and Wells Fargo on January 9 and January 8, respectively. Mizuho maintained a Buy rating on the stock and set a price target of $130, and Wells Fargo reiterated a Buy rating on Uber Technologies, Inc. (NYSE:UBER) and set a $122 price target.

In addition to Mizuho and Wells Fargo, Jefferies and BofA also reaffirmed a Buy rating on Uber Technologies, Inc. (NYSE:UBER) on January 6, with Jefferies maintaining a $120 price target and BofA reiterating a price target of $119. Jefferies anticipates durable Mobility growth and progress in the company’s AV partnerships, which support its bullish outlook.

Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services. The company’s operations are divided into Delivery, Mobility, and Freight. The Delivery segment allows users to order food, while the Mobility segment provides access to Mobility Drivers who provide rides in various vehicles. The Freight segment connects Carriers and Shippers.

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.