10 AI Stocks on Analysts’ Radar Right Now

2. Uber Technologies Inc. (NYSE:UBER)

Number of Hedge Fund Holders: 136

Uber Technologies Inc. (NYSE:UBER) is a mobility SaaS and technology company that operates a global platform connecting consumers with service providers. One of the biggest analyst calls on Monday, February 3rd, was for Uber. Oppenheimer reiterated the stock as a top pick, stating that it is best positioned ahead of earnings later this week. The firm maintained its “Outperform” rating on the stock with a price target of $85.00. The firm asserts that recent concerns regarding the development of Robotaxi technology offer a compelling purchase opportunity for investors. Even though there are worries surrounding Robotaxi, the technology is going to act as a market expander for Uber.

“Reiterating UBER as our best idea heading into 4Q results as investor concerns regarding Robotaxi have created an attractive buying opportunity, though we acknowledge headline risk around Robotaxi news.”