Truist Securities reiterated a Buy rating and $112 price target on Uber after an investor meeting. The target implies roughly 50% upside from the current price of $74.7.
Key discussion topics included autonomous vehicle evolution, US Mobility growth acceleration, Uber One membership program, and Eats business success against DoorDash.
Truist noted strong momentum in both Rides and Eats segments. The firm expects accelerating autonomous vehicle launches in H2 2026 and FY2027.
The analyst views Uber's AV positioning as gradually strengthening. The stock is considered undervalued at current levels.
