Bernstein Reiterates a Buy Rating on Uber Technologies (UBER), Keeps the PT Unchanged

​Uber Technologies, Inc. (NYSE:UBER) is one of the Best Revenue Growth Stocks to Invest In. On October 21, Nikhil Devnani from Bernstein reiterated a Buy rating on Uber Technologies, Inc. (NYSE:UBER) with a price target of $110.

While earlier on October 15, Analyst John Blackledge from TD Cowen maintained a Buy rating on the stock with a price target of $108. ​The analyst noted that the company has shown strong growth in its gross bookings and margins. For the fiscal third quarter of 2025, the company is expected to increase its year-over-year gross bookings by 19.4%, driven by momentum in delivery and mobility segments.

​Moreover, Blackledge added that the company’s EBITDA is also projected to grow by 32.6% year-over-year, driven by its expanding advertisement business and revenue growth. The analyst also likes Uber Technologies, Inc.’s (NYSE:UBER) expansion into new geographical areas, along with the growth in existing markets.

​Uber Technologies, Inc. (NYSE:UBER) is an American mobility Software-as-a-Service company that connects riders with drivers. It also provides food delivery services, grocery shopping, and public transport integration in more than 70 countries around the world.

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.

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Disclosure: None. This article is originally published at Insider Monkey.