Uber Inc. (UBER) PT Raised to $107 at DA Davidson

DA Davidson analyst Tom White raised the price target on Uber Inc. (NYSE: UBER) to $107.00 (from $105.00) while maintaining a Buy rating.

The analyst commented, "We affirm our BUY-rating on UBER following 1Q’26 results that came in ~2% of consensus on GBs, ~2% ahead on adj. EBITDA and $0.03 ahead of consensus on adj. EPS. The beat was primarily driven by strength in the core Mobility segment, which accelerated FX-neutral growth 100 bps to +20% Y/Y. Delivery segment growth was solid at +23% Y/Y (led by Grocery and Retail) and Freight returned to Y/Y growth for the first time in two years. Topline momentum coupled with ongoing cost discipline translated to +33% consolidated adj. EBITDA growth (4.6% as % of GBs, up 20 bps Y/Y) and adj. EPS growth of 44%."

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