Jefferies Reiterates Buy on Uber with $110 Price Target, Sees 48% Upside

Earnings
โดย GuruFocus·Read original
Summary · why it matters

Jefferies reiterated a Buy rating and $110 price target on Uber, implying 48% upside from the previous close of $74.26. The firm noted that Uber's second-quarter guidance suggests continued constant-currency bookings growth above 20% and roughly 60 basis points of sequential improvement in incremental margin. U.S. Mobility is expected to accelerate, helped by the FIFA World Cup, insurance cost relief, and newer ride modes. Jefferies also plans to listen for updates on smaller autonomous vehicle partnerships that could ease disintermediation worries tied to Alphabet's Waymo and Tesla, and flagged potential commentary on Uber increasing its stake in Delivery Hero as a market risk that might reduce cash for buybacks. Uber reports earnings on August 5.

Impact on stocks 4

Robotics & Physical AI▲ · 1 stocks
Uber Technologies Inc
UBER
▲ PositiveCapitalrelevance

Jefferies reiterates Buy with $110 price target, implying 48% upside, and notes strong bookings growth and margin improvement.

Consumer Discretionary▲ · 1 stocks
Delivery Hero SE
DHER
± MixedCapitalrelevance

Uber potentially increasing stake in Delivery Hero is flagged as a market risk, but no direct impact on Delivery Hero.

Artificial Intelligence▲ · 1 stocks
Electrification & Mobility▲ · 1 stocks
© 2026 MarketDXNews