Analysts show mixed outlook on Uber Technologies stock as price targets rise

In the past three months, 29 analysts have evaluated Uber Technologies, showing a mix of positive and neutral ratings. Recently, 17 analysts rated the stock as bullish, while 11 were somewhat bullish. This is an increase in bullish sentiment compared to previous months. The average 12-month price target for Uber has risen to $90.59, up 2.9% from $88.04. The highest estimate is $114.00, while the lowest is $80.00. Several analysts have raised their price targets, reflecting a more optimistic outlook. Key analysts have maintained or upgraded their ratings, with notable increases from firms like B of A Securities and Jefferies. Overall, the trend indicates growing confidence in Uber's market position and financial performance.