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Mizuho Securities Raises PT on Uber from $98.45 to $130, Keeps Its Outperform Rating
Yahoo Financeยท 2025-10-03 19:56
Core Viewpoint - Uber Technologies, Inc. is recognized as a top long-term investment opportunity, with analysts projecting significant growth in revenue, gross profit, and earnings per share (EPS) over the next several years [1][2]. Group 1: Analyst Ratings and Price Targets - Mizuho Securities raised the price target for Uber from $98.45 to $130 while maintaining an Outperform rating [1][3]. - Bernstein also rates Uber as a Buy, keeping its price target at $110, citing the company's investments in product development and regional expansion as beneficial for future growth [4]. Group 2: Growth Projections - Mizuho forecasts a compound annual growth rate (CAGR) for Uber of 15% for revenue, 16% for gross profit, and 25% for EPS from 2025 to 2028 [2]. - The introduction of drone delivery services is expected to enhance Uber's delivery network and reduce delivery times significantly [3]. Group 3: Strategic Developments - Uber announced a partnership with Flytrex to launch drone delivery on the Uber Eats platform, set to begin in select U.S. pilot markets by the end of 2025 [3]. - The drone delivery service aims to cut emissions compared to traditional delivery methods, aligning with sustainability goals [3].