Top Tech Picks: META, UBER, or AMZN—Which Stock Has the Most Upside

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The Q3 earnings season for tech giants has been mixed, with some impressing and others underperforming. Wall Street remains optimistic about companies benefiting from generative AI. 

We compared Meta Platforms (META), Uber Technologies (UBER), and Amazon (AMZN) to find the "Strong Buy" stock with the highest upside potential.

Meta Platforms (META):

Meta exceeded Q3 revenue expectations with a 19% YoY growth to $40.5 billion, and EPS up 37% to $6.03. However, a slight miss in user growth and increased capex guidance for AI infrastructure led to a post-earnings drop in stock. Despite this, analysts remain positive, with a Strong Buy consensus and an 11% upside potential.

Uber Technologies (UBER):

Uber's Q3 revenue rose 20%, but slower-than-expected bookings growth led to a 9.3% stock drop. Despite this, analysts are optimistic about Uber's expanding markets and profitability. With a Strong Buy consensus and 27.5% upside, Uber presents strong growth potential.

Amazon (AMZN):

Amazon’s Q3 sales grew 11% to $158.9 billion, with EPS surging over 50%. The company’s investments in AI and cost-cutting measures are boosting margins. With a Strong Buy consensus and a 14.5% upside, Amazon remains a top pick for analysts.

Conclusion:

Wall Street is highly bullish on Meta, Uber, and Amazon, with Uber showing the highest upside potential, making it a strong buy despite the recent dip.

 

 

 

 

 

 

 

 

Paraphrasing text from "Tip Rannks"all rights reserved by the original author.