Stifel Raises PT on Uber (UBER) to $124, Highlights Network Strength, Autonomous Vehicle Debate

Uber Technologies Inc. (NYSE:UBER) is one of the stocks that should double in 3 years. On October 24, Stifel raised the firm’s price target on Uber to $124 from $116 and kept a Buy rating on the shares. This decision came as part of a broader research note that previewed Q3 2025 results in the e-commerce sector. Stifel cited headlines intra-quarter related to autonomous cars pressuring the stock down a bit, but also pointed out that the Q3 results look reasonable.

Earlier on October 15, Guggenheim analyst Taylor Manley initiated coverage of Uber with a Buy rating and $140 price target. The firm is positive on the company’s industry-leading network, technology, and brand equity. The debate over autonomous vehicle adoption will continue to drive investor sentiment. Bulls will focus on the potential for market expansion, while bears will highlight the risk of disintermediation.

Uber Technologies Inc. (NYSE:UBER) develops and operates proprietary technology applications internationally. It operates through three segments: Mobility, Delivery, and Freight.

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