Uber's Gross Bookings Are Up 25% and It Just Launched an Autonomous Vehicle Unit. Is This the Transportation Stock to Own in 2026?

Uber reported strong Q1 results with 25% gross bookings growth and 10% revenue growth to $13.2 billion, driven by its mobility and delivery divisions. The company launched Uber Autonomous Solutions and has made significant investments in self-driving technology. However, the stock has underperformed the market, down 14.7% over the past year, likely due to uncertainty around autonomous vehicle implementation challenges. Despite AV headwinds, the analyst suggests the core business momentum makes it a buying opportunity.