Uber stock poised for new all-time high in 2027, per Wall Street analysts

Wall Street appears to have been slowly gaining confidence that Uber (NYSE: UBER ) stock recovery – started October 1 – will continue in the next 12 months and take the company to new all-time highs (ATH) in 2027. To begin with, Bernstein’s Nikhil Devnani confirmed on Friday that UBER shares remain a ‘Buy’ and that they are likely to rally 33.54% from their press time price of $71.14 to $95 in the coming 52 weeks. On the same day, October 16, Guggenheim analyst Taylor Manley proved even more optimistic with the same recommendation, but a 75.71% forecasted rally to $125, largely thanks to a mix of strong fundamentals, a comparatively low valuation, and the expanding ‘robotaxi’ program.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.