Uber: added to Wedbush's best ideas list
(CercleFinance.com) - Wedbush adds Uber Technologies to its 'best ideas list', while maintaining its 'outperform' opinion and $86 target price, believing that the risk/reward ratio has become more attractive at current levels.
It considers it unjustified that the stock is only trading at around 12.8x its 2026e adjusted EBITDA, as it believes that Uber has strong fundamentals, with adjusted EBITDA expected to grow by over +30% p.a. over the next two years.
We are encouraged by the recent expansion of key partnerships, which will be an important test of Uber's value proposition for autonomous car providers in 2025, adds the broker.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
It considers it unjustified that the stock is only trading at around 12.8x its 2026e adjusted EBITDA, as it believes that Uber has strong fundamentals, with adjusted EBITDA expected to grow by over +30% p.a. over the next two years.
We are encouraged by the recent expansion of key partnerships, which will be an important test of Uber's value proposition for autonomous car providers in 2025, adds the broker.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.