BofA Maintains 'Buy' Rating on Uber Technologies, Inc. (UBER) with $115 PT

With a significant presence in Bill Ackman’s stock portfolio, Uber Technologies, Inc. (NYSE:UBER) secures a spot on our list of the Bill Ackman Stock Portfolio: Top 10 Stock Picks.

On August 4, 2025, BofA Securities kept a ‘Buy’ rating on Uber Technologies, Inc. (NYSE:UBER) with a $115 price target. This comes ahead of the company’s Q2 earnings, scheduled for release on August 6. BofA raised its estimates amid strong spending data and improving industry trends. The analyst increased its bookings, revenue, and EBITDA forecasts to $47.10 billion, $12.56 billion, and $2.12 billion, respectively, all above consensus estimates.

This follows strong momentum for Uber Technologies, Inc. (NYSE:UBER), as it has gained 47% YTD. A strong financial performance, along with strategic partnerships with Waymo and Lucid, has remained a key growth driver. Wall Street expects UBER to report earnings of $0.63 per share and a 16.5% revenue jump to $12.5 billion. Uber Technologies, Inc. (NYSE:UBER) boasts a strong historical track record of beating estimates.

Operating across the U.S., Canada, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific, Uber Technologies, Inc. (NYSE:UBER) develops proprietary technology applications within Mobility, Delivery, and Freight segments. Bill Ackman has bought 30.3 million shares of Uber Technologies, Inc. (NYSE:UBER) as of Q1 2025.

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