RBC and Mizuho Stay Positive on Uber Technologies (UBER)

Uber Technologies, Inc. (NYSE:UBER) is 1 of the 14 Best Large Cap Stocks to Invest In Now. On December 12, RBC Capital reaffirmed its Outperform standing connected Uber Technologies, Inc. (NYSE:UBER) with a $110 terms people aft capitalist meetings with the company’s CFO, US Delivery’s Senior Director of Strategic Finance, and Senior Director of Investor Relations.

RBC Capital expert Brad Erickson said the talks near the steadfast feeling positive. The expert noted that adjacent with immoderate higher investments successful 2026, Uber Technologies, Inc.’s  (NYSE:UBER) absorption shared plans to “durably prolong mid to precocious teens maturation for the foreseeable aboriginal with borderline leverage.”

Discussions besides touched connected autonomous conveyance (AV) strategies. Uber Technologies, Inc. (NYSE:UBER) sees its financing plans arsenic a competitory advantage. RBC Capital expects marketplace and spouse maturation for AV initiatives adjacent year. The probe steadfast besides noted that the company’s absorption demonstrated “open-mindedness” connected superior allocation. However, stock buybacks are inactive the main absorption for now.

Earlier, connected December 11, Mizuho besides reiterated an Outperform standing connected Uber Technologies, Inc. (NYSE:UBER) with a terms people of $130. This update came aft hosting the company’s CEO, Dara Khosrowshahi, arsenic good arsenic Bec Nyst and Dominic Taylor, APAC General Managers of Delivery and Mobility, respectively, successful Japan.

Mizuho cited section property reports that amusement Uber Technologies, Inc. (NYSE:UBER) has announced plans for a large concern successful Japan implicit the adjacent 5 years to people what it sees arsenic the biggest taxi marketplace successful the world. As portion of its maturation strategy successful the region, the institution is looking to pat into Japan’s comparatively aboriginal adoption rates crossed taxi services and nutrient transportation platforms.

Uber Technologies, Inc. (NYSE:UBER) is simply a planetary proscription exertion institution that focuses connected ride-hailing, courier services, nutrient delivery, and freight transport.

While we admit the imaginable of UBER arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.