RBC and Mizuho Stay Positive on Uber Technologies (UBER)

Core Insights - Uber Technologies, Inc. (NYSE: UBER) is recognized as one of the best large-cap stocks to invest in, with RBC Capital reaffirming an Outperform rating and a price target of $110 following investor meetings [1] - Mizuho also maintains an Outperform rating with a price target of $130, highlighting the company's growth strategy in Japan [3] Group 1: Analyst Insights - RBC Capital's analyst, Brad Erickson, expressed optimism after discussions with Uber's management, noting plans for sustained mid to high teens growth and margin leverage despite increased investments in 2026 [2] - The discussions included Uber's autonomous vehicle (AV) strategies, with expectations for market and partner growth in AV initiatives next year [2] Group 2: Strategic Developments - Uber plans significant investments in Japan over the next five years, targeting the largest taxi market globally and aiming to leverage early adoption rates in taxi services and food delivery [4] - The company's management demonstrated flexibility in capital allocation, although share buybacks remain the primary focus for the time being [2]