Buy UBER by Nov 17, 2026.

The core business is doing everything right. Bookings have grown over 20% YoY for four straight quarters, EBITDA is up 33% YoY, margins keep expanding, and membership plus cross-platform engagement are both at all-time highs. Management is even guiding toward reaccelerating buybacks. Yet the stock is stuck trading at just 12-15x forward earnings , a discount that has nothing to do with the fundamentals and everything to do with the market still waiting for clarity on the AV transition. I …