Mizuho Cuts Uber Technologies Price Target to $110.00

Analysts remain mostly bullish on the ride-sharing company despite lowered expectations.

Feb. 8, 2026 at 12:55am by Ben Kaplan

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Uber Technologies (NYSE:UBER) had its price target reduced by Mizuho from $130.00 to $110.00 in a research report issued on Thursday. The analysts maintained an 'outperform' rating on the stock, though they lowered their price target amid ongoing challenges for the ride-sharing company.

Why it matters

Uber has faced headwinds in recent quarters, including increased competition, regulatory hurdles, and the impact of the pandemic on ride-sharing demand. However, the company remains one of the dominant players in the mobility and delivery services space, and analyst sentiment is still largely positive despite the target price cut.

The details

Mizuho cited a number of factors in its decision to lower Uber's price target, including ongoing competitive pressures and the company's continued investments in new initiatives. Despite the target price reduction, Mizuho maintained its 'outperform' rating, indicating the analysts still see upside potential for Uber's stock. Other analysts have also recently adjusted their views on Uber, with Citigroup upgrading the stock to 'outperform' and Goldman Sachs setting a $125 price target.

  • Mizuho issued its updated research report on Uber on Thursday, February 8, 2026.
  • Uber reported its Q1 2026 earnings on Wednesday, February 4, 2026.

The players

Uber Technologies

A technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services.

Mizuho

A Japanese financial services group that provides investment banking, securities, and other financial services. Mizuho is one of the major equity research providers covering Uber Technologies.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

While Uber faces ongoing challenges, the company remains a leader in the mobility and delivery services space. Analysts see potential upside for the stock despite the latest price target reduction, underscoring the company's resilience and long-term growth prospects.