Uber Technologies (NYSE: UBER) stock has been moving within the $78 to $92 range in early February 2026, showing noticeable ups and downs as investors react to analyst updates, autonomous vehicle (AV) news, and the company’s upcoming Q4 earnings report. With several major catalysts lining up, Uber remains one of the most closely watched stocks in the mobility and tech space.
Stifel Cuts Uber Price Target but Keeps Buy Rating
Stifel analyst Mark Kelley recently lowered Uber’s price target from $122 to $105, citing more conservative growth expectations. Even with the cut, Stifel maintained a Buy rating, signaling confidence in Uber’s long-term profitability and business model.
This adjustment follows Uber’s strong Q3 performance, where the company reported:
- Trip volumes up 22%, reaching 3.5 billion
- Gross bookings increased 21% to $49.7 billion
- Revenue grew 20% to $13.5 billion
- Free cash flow reached $2.2 billion
Uber also ended the quarter with $9.1 billion in cash, reinforcing its financial stability. The company’s decision to redeem convertible notes before year-end further strengthened its balance sheet and reduced future dilution risk.
CES 2026 Autonomous Vehicle News Lifts Uber Sentiment
Uber shares gained more than 6% in early January after CES 2026 headlines highlighted Nvidia’s growing role in autonomous driving technology. Investors viewed this as a positive signal for Uber, especially since the company positions itself as an AV platform partner, not a direct vehicle manufacturer.
While competitors like Waymo and Tesla continue advancing their robotaxi ambitions, several analysts believe Uber is well-placed to benefit from AV adoption without taking on heavy capital risk.
Bernstein analyst Nikhil Devnani recently raised his Uber price target to $115, stating that concerns about near-term AV disruption are overblown and that Uber’s scale gives it a major advantage.
Uber Q4 2025 Earnings Preview: What Wall Street Expects
Uber is set to report Q4 2025 earnings soon, and expectations remain largely optimistic. Analysts are forecasting solid growth across key metrics, even as earnings per share are expected to dip year over year.
Consensus estimates suggest:
| Metric | Q4 Consensus | Year-over-Year Change |
| Gross Bookings | $53.1B | +20.1% |
| Adjusted EBITDA | $2.41–2.51B | +31–36% |
| 2025 Revenue | $51.9B | +18% |
| 2025 EPS | $5.40 | +18.4% |
Although Q4 EPS is projected to fall to around $0.83, this follows several quarters of major EPS beats, averaging over 240% above estimates. As a result, investors are expected to focus more on 2026 guidance than short-term earnings fluctuations.
One bearish note came from Melius, which downgraded Uber to Sell with a $73 target, citing rising competition. Still, this remains an outlier among analysts.
Analyst Consensus: Strong Buy with Upside Potential
Uber continues to enjoy strong support from Wall Street. Out of 49 analysts, 35 rate the stock as a Strong Buy.
- Average price target: $112.81
- Implied upside: roughly 38% from recent levels
- Highest target: $150, suggesting over 80% upside
Firms like Guggenheim ($135), KeyBanc ($105), and BTIG ($100) remain bullish, pointing to Uber’s expanding mobility and delivery businesses.
Prominent investor Bill Ackman has also described Uber as undervalued, while several popular YouTube analysts list it as a top stock pick for 2026 after strong performance in 2025.
What’s Driving Uber’s Growth Into 2026
Uber’s core businesses continue to show healthy momentum. In the latest quarter, Mobility revenue grew 20%, while Delivery surged 29%, all without aggressive price increases. This suggests strong organic demand rather than growth driven by fare hikes.
CEO Dara Khosrowshahi has outlined six strategic initiatives aimed at scaling Uber’s ecosystem, improving margins, and expanding global reach. A key part of this vision involves partnering with autonomous vehicle leaders, allowing Uber to act as a distribution and demand platform rather than competing head-to-head on vehicle technology.
Analysts expect Q4 gross bookings growth of 17% to 21%, with full-year sales projected to rise around 18%.
Risks to Watch
Despite the optimism, Uber still faces challenges. Autonomous vehicle disruption, regulatory pressure, and competitive intensity remain long-term risks. However, with a market capitalization exceeding $190 billion and a proven profitability engine now in place, many investors believe Uber is better positioned than ever to navigate these hurdles.
Investor Sentiment and Stock Outlook
Retail investor interest remains high, particularly on platforms like Stocktwits, where bullish sentiment and trading volume have surged around earnings periods. Uber significantly outperformed major indexes in 2025, and its next multi-year move may depend on how effectively it executes its AV strategy.
A strong Q4 earnings report or upbeat 2026 outlook could push Uber shares back toward the $100+ level.
Frequently Asked Questions
What is the current Uber stock price?
Uber shares are trading roughly between $78 and $92 as of early February 2026. Always check real-time prices for accuracy.
When will Uber report Q4 2025 earnings?
The earnings release is expected soon, with analysts forecasting gross bookings between $52 and $54 billion.
Is Uber stock a buy right now?
Most analysts rate Uber as a Strong Buy, with average price targets in the $108 to $112 range.
Why did Uber stock rise after CES 2026?
Investor optimism increased following Nvidia’s autonomous vehicle announcements, which were seen as beneficial for Uber’s long-term AV partnerships.
