Uber Technologies, Inc. (NYSE:UBER) is one of the most promising future stocks to buy now. Citi reaffirmed a Buy rating on Uber Technologies, Inc. (NYSE:UBER) on February 6 and adjusted the price target to $110 from $120. Roth Capital also adjusted the price target on Uber Technologies, Inc. (NYSE:UBER) to $105 from $110 on February 5 and maintained a Buy rating on the shares. The firm stated that the company delivered a beat on earnings, and its underlying metrics and segment results also came in above expectations. Roth is convinced that the Ridesharing total addressable market (TAM) is bigger than Robotaxis, and Robotaxis expand the Ridesharing TAM.
The rating updates came after Uber Technologies, Inc. (NYSE:UBER) released financial results for the quarter and full year ended December 31, 2025, on February 4, 2026, announcing a 22% year-over-year increase in quarterly trips and a 22% year-over-year increase in Gross Bookings. It also reported record quarterly GAAP income from operations of $1.8 billion, while adjusted EBITDA reached $2.5 billion, up 35% year-over-year. In addition, Uber Technologies, Inc. (NYSE:UBER) reported record quarterly operating cash flow of $2.9 billion and free cash flow of $2.8 billion.
Dara Khosrowshahi, CEO, stated that the quarter was “record-breaking” for the company, with over 200 million monthly users completing over 40 million trips every day, making it the company’s largest and most engaged consumer base ever. Uber Technologies, Inc. (NYSE:UBER) entered 2026 with significant cash flow, a rapidly growing topline, and a clear path to become the largest facilitator of AV trips across the globe.
Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services. The company’s operations are divided into Delivery, Mobility, and Freight. It is pioneering the introduction of autonomous vehicles to move people and goods more reliably, efficiently, and affordably.
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Disclosure: None. This article is originally published at Insider Monkey.
