10 Best Performing Software Stocks to Buy According to Analysts

7. Uber Technologies Inc. (NYSE:UBER)

YTD returns: 24%

Potential Upside: 20%

Number of Hedge Fund Holders: 166

Uber Technologies Inc. (NYSE: UBER) is a technology platform that utilizes its vast network, cutting-edge technology, and operational expertise to facilitate transportation and logistics services. The company offers ride-hailing, food delivery, and freight transportation, with key segments including Uber Eats for food delivery, Uber Freight for logistics, and advancements in autonomous vehicles and aerial ridesharing.

After a flat performance in 2024 (-2%), Uber Technologies Inc. (NYSE: UBER)’s stock has climbed approximately 24% in 2025. A major catalyst for the recent surge was investor Bill Ackman’s disclosure on February 7 that his hedge fund, Pershing Square Capital Management, holds 30.3 million shares of the company. The fund had been accumulating shares since early January, leading to a 16% jump in the stock following the announcement.

Analyst sentiment on Uber Technologies Inc. (NYSE: UBER) remains largely positive, with a consensus price target of $90, implying a potential upside of over 20% from current levels.