
Analysts have expressed a positive outlook on Uber Technologies Inc. ($UBER), with multiple firms reiterating their ratings and price targets amid ongoing concerns about the company's growth prospects. Cantor Fitzgerald has maintained an 'Overweight' rating with a price target of $90. Bernstein also reaffirmed its 'Outperform' rating, setting a price target of $95, while noting that Uber is becoming increasingly controversial among large-cap U.S. Internet stocks as it heads into 2025. Oppenheimer has an 'Outperform' rating with a price target of $85, highlighting that the recent decline in Uber's stock—down 23% since its earnings report—presents a buying opportunity, particularly in light of a projected 17% revenue and 30% EBITDA compound annual growth rate from 2024 to 2026. Analysts suggest that concerns over U.S. ride growth and robotaxi developments are influencing investor sentiment, but they believe the fundamentals remain strong for Uber's long-term growth.
Buy Uber $UBER stock amid robotaxi noise: Oppenheimer https://t.co/gAOyvebMWN https://t.co/io2vSLl09J
UBS bumps PT on Netflix $NFLX by $215 as momentum to persist on content, pricing https://t.co/3vqF9eoDNY https://t.co/mPVVbrbnqO
Said it on @MadMoneyOnCNBC and I'll say it again: as AVs come online, the rideshare market expands. That's what we're seeing @lyft. Thx for having me @jimcramer. Clip has my thoughts on an AV future, our partnership strategy, and how a customer-obsessed business model is…
