GoAI Pick: Uber's AV Advantage Is Misunderstood
Uber (UBER): The Signal Before the Noise
High Conviction. Mispriced. Act Early.
GoAI is issuing a High Conviction recommendation on Uber Technologies, Inc. (UBER). Our signal detection framework has identified a clear mispricing: the market is over-indexing on a distant, speculative AV threat while ignoring powerful signals of accelerating growth, durable profitability, and a strengthening competitive moat.
We believe the current valuation presents a compelling opportunity to act before the broader market recognizes Uber’s true long-term earnings power.
GoAI Price Target & Outlook
$108 ↑ +54% Upside
6-Month Horizon · +54% Upside from Current $69.99
Why $108? Our target reflects a modest re-rating as the market recognizes: (1) 20%+ EBITDA CAGR through 2028, (2) AV expansion to 15 cities by year-end 2026 proving the hybrid network advantage, and (3) resolution of the valuation discount to peers as the AV thesis validates.
Key catalysts: Mid-teens GB CAGR · Largest AV Facilitator by 2029 · All 6 Analysts at Buy
1. The Signals: Accelerating on Every Dimension
While the market narrative remains fixated on autonomous vehicles, the data reveals a powerful acceleration in Uber’s core business. The signals are clear: Uber is not just growing—it is consolidating its position as the indispensable global platform for movement and delivery.
Gross Bookings
$54.4B
+22% YoY · Beat Consensus
Adj. EBITDA
$2.49B
Above Consensus · Q4 2025
202M
MAPCs (+18% YoY)
46M
Uber One (+55% YoY)
+26%
Delivery YoY (4yr High)
Every major research house maintains a Buy-equivalent rating. Price targets range from $100 to $125, representing substantial upside from current levels.