Uber Technologies, Inc. (NYSE:UBER) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On May 15, Citizens reiterated its Market Outperform rating on Uber Technologies, Inc. (NYSE:UBER) with a price target of $100 on the stock.
The firm’s analyst Andrew Boone said Uber Technologies, Inc. (NYSE:UBER) is trading at around 10.6 times the firm’s estimated 2027 EBITDA of $14.3 billion. The firm’s price target of $100 is based on approximately 14 times its projected 2027 EBITDA for the company.
A day earlier, on May 14, Truist Securities also reaffirmed its Buy rating on Uber Technologies, Inc. (NYSE:UBER) with a price target of $112 after an investor meeting with the company’s investor relations team.
Truist’s discussion focused on four main topics. These included the growth of autonomous vehicles and Uber Technologies, Inc.’s (NYSE:UBER) positioning strategy, expected acceleration in the US Mobility segment in 2026 despite higher gas prices, the role of the Uber One membership program in improving engagement and profitability, and the continued strength of the Eats business as it competes with DoorDash, Inc. (NASDAQ:DASH).
The firm also highlighted strong momentum in both Uber Technologies, Inc.’s (NYSE:UBER) Rides and Eats segments, including recent quarter-to-date trends. In the second half of 2026 and fiscal year 2027, Truist expects to see an accelerating pace of autonomous vehicle launches.
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 potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks That Are About to Explode and 10 Best Aggressive Growth Stocks to Buy According to Wall Street Analysts.
Disclosure: None. Follow Insider Monkey on Google News.