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Uber posts strong Q3 with 18% revenue growth and rapid Uber Eats expansion, targeting $150 stock in 1 year.

Analyst Insights
09 Nov 2026, 19:16 WIB
Seeking Alpha
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Bullish
Uber posts strong Q3 with 18% revenue growth and rapid Uber Eats expansion, targeting $150 stock in 1 year.

Uber reported strong Q3 results with 18% adjusted revenue growth and 35% non-GAAP EPS growth, yet its stock trades near an all-time low. Uber Eats is expanding rapidly, driven by over $15 billion in Grocery & Retail bookings and partnerships with Amazon, Instacart, Delivery Hero, and ezCater. The company is also advancing robotaxi technology and achieving higher utilization rates than competitors. Analysts value Uber Eats alone at over $80 billion and project a 1-year stock target of $150 and a long-term target of $300 by 2031, highlighting Uber's growth potential and innovation in autonomous vehicles.

Despite Uber's strong Q3 results and ambitious growth targets, its stock price remains well below its 52-week high. On Pluang, Uber Technologies Inc (UBER) trades at USD 70.02, up 2.08% as of Nov 10, 2026 00:31 WIB, with a market cap of $140.05 billion. Investors hold the stock for an average of 91 days on the platform, reflecting steady interest amid ongoing innovation in delivery and autonomous vehicle technology.

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