TD Cowen Reaffirms 'Buy' Rating Uber Technologies, Inc. (UBER) Following a Meeting with Management

With strong revenue growth and significant hedge fund interest, Uber Technologies, Inc. (NYSE:UBER) secures a spot on our list of the 14 Best IT Stocks to Buy for the Long Term.

On August 19, 2025, TD Cowen reaffirmed its ‘Buy’ rating on Uber Technologies, Inc. (NYSE:UBER) with a $108 price target, following a meeting with the company’s management.

The investment firm highlighted the company’s steady U.S. trip growth, easing insurance costs, and evolving strategy for autonomous vehicle partnerships. Furthermore, opportunities were highlighted within the company’s Uber One membership program, cross-platform integration, and the advertising segment. Following the meeting, the analyst felt confident in the company’s outlook, reinforcing its bullish stance.

Operating through its Mobility, Delivery, and Freight segments, Uber Technologies, Inc. (NYSE:UBER) develops and operates technology applications globally. It is one of the best IT stocks.

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