Parkev Tatevosian, CFA on $UBER (Nov 2, 2026)
Uber at $65 is discounted against a calculated $122 fair value on self-driving car concerns; the speaker sees that technology as both a major downside risk and a major upside if Uber harnesses it, using its 200 million-plus monthly active users and commuting-habit data to run fleets better than newcomers. He owns shares and would add more if the price stays near these levels.
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The next stock I'm going to highlight as one of the best stocks you can buy is Uber, which is trading at $122. Sorry, I calculated its fair value at $122, but it is trading at $65.
The reason Uber is trading at such a discount is due to concerns about self-driving car technology.
However, I see self-driving car technology as a major downside risk for Uber, and at the same time a major upside if the company can harness this technology and improve its operations, and offer similar technology with a greater competitive advantage, especially since it already has relationships with more than 200 million monthly active users on its platform.
It understands the daily commuting habits of some of its most valuable customers, and therefore can deploy and manage that fleet more effectively than any newcomer who has to attract all those customers, learn their behaviors, determine how many vehicles to send to each area, and so on.
I own Uber shares in my portfolio and I am interested in adding more if the price stays close to these levels.
What this channel has said about $UBER
Parkev Tatevosian, CFA has 8 calls on this stock; only the adjacent ones are shown.