Uber rated Strong Buy as institutional investors increase holdings despite recent price drop

Uber Technologies is rated a Strong Buy due to strong institutional buying, even though its stock price has dropped about 30% over the past year. The stock is considered undervalued with potential for growth as electric vehicles, ride-hailing, and robotaxi markets expand. Institutional ownership is at an all-time high, indicating confidence in Uber's future. However, risks include short interest and competition, especially from Tesla's upcoming robotaxi projects.

Uber Technologies shares trade at USD 69.90 on Pluang as of Oct 06, 2026 17:51 WIB, showing a modest 0.60% gain in the last day. The stock's market capitalization stands at $141.92 billion, reflecting significant investor interest. Pluang users currently favor buying Uber shares, with 59% of order activity leaning that way, highlighting ongoing confidence in the company despite recent price volatility.