Uber Technologies, Inc. (NYSE:UBER) has been identified as a top stock pick for beginners in 2026, following a series of bullish rating updates from multiple reputable financial firms since the start of the year.
On January 14, BNP Paribas initiated coverage of Uber with an Outperform rating and set a price target of $108. The firm told investors it considers the company "a mobility and delivery winner," despite long-term concerns about autonomous vehicles potentially disrupting the business.
Earlier in January, Mizuho Securities and Wells Fargo also issued positive outlooks. On January 9, Mizuho maintained a Buy rating with a $130 price target. On January 8, Wells Fargo reiterated a Buy rating and set a $122 price target.
Additionally, on January 6, Jefferies and BofA reaffirmed Buy ratings for Uber. Jefferies maintained a $120 price target, citing expectations for durable Mobility growth and progress in the company's autonomous vehicle partnerships. BofA reiterated a $119 price target.
Uber operates a technology platform offering ride services and delivery services for food, groceries, and other items. The company's operations are divided into Delivery, Mobility, and Freight segments. The Delivery segment allows users to order food, the Mobility segment provides access to drivers for rides, and the Freight segment connects carriers and shippers.