Bernstein Remains Bullish on Uber Technologies (UBER), Expects Steady Q3 Results

Man GLG holds $262.56 million worth of Uber Technologies, Inc. (NYSE:UBER) stock, representing 0.5% of its 13-F portfolio as of Q2 2025. The company is one of Man GLG’s list of 10 stock picks with the highest upside potential.

On October 21, 2025, Bernstein reaffirmed its “Outperform” rating on Uber Technologies, Inc. (NYSE:UBER) with a $110 price target.

The investment firm’s bullish stance reflects expectations for steady third-quarter results. It expects roughly 19% year-over-year growth in the company’s Mobility segment. The firm also projects 15%-16% organic growth in the Delivery segment, excluding Trendyol Go.

While mild weakness in U.S. app engagement in September was noted, which impacted both the Mobility and Delivery segments, Bernstein highlighted that international demand has remained stable. Despite this dip in third-party app data, the firm does not see it as material.

Uber Technologies, Inc. (NYSE:UBER)’s positive commentary in early September, alongside its sustained global spending trends, reinforced the firm’s bullish stance.

Uber Technologies, Inc. (NYSE:UBER), a global platform, offers ridesharing, delivery, and freight services, as well as AI-driven data solutions for enterprises.

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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