Uber Technologies (NYSE:UBER) Stock Price Expected to Rise, DA Davidson Analyst Says

Uber Technologies (NYSE:UBER) had its price target hoisted by equities researchers at DA Davidson from $105.00 to $107.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the ride-sharing company’s stock. DA Davidson’s target price suggests a potential upside of 35.03% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings cut Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 19th. BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, March 17th. Roth Mkm set a $105.00 price target on Uber Technologies in a research note on Thursday, February 5th. Wall Street Zen lowered Uber Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, UBS Group cut their price target on Uber Technologies from $111.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average target price of $105.17.

Uber Technologies Price Performance

Shares of NYSE:UBER traded up $6.29 during trading on Wednesday, hitting $79.24. 35,751,340 shares of the company’s stock were exchanged, compared to its average volume of 18,977,471. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies has a 52-week low of $68.46 and a 52-week high of $101.99. The business’s 50-day simple moving average is $74.06 and its 200 day simple moving average is $80.91. The company has a market cap of $161.89 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 6.77 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.01. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter last year, the business posted $0.83 earnings per share. The firm’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts predict that Uber Technologies will post 3.34 EPS for the current year.

Insider Transactions at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Uber Technologies

A number of hedge funds have recently bought and sold shares of UBER. Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares in the last quarter. Norges Bank acquired a new position in Uber Technologies in the 4th quarter valued at $2,515,094,000. Finally, Northern Trust Corp lifted its holdings in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

More Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Q1 earnings topped consensus (adjusted EPS $0.72 vs. ~$0.71) and management highlighted strong trips and gross bookings that beat guidance — the core beat/metrics drove the rally. Uber Q1 2026 Earnings Call Summary
• Positive Sentiment: Gross bookings and trips showed robust growth (gross bookings reported ~$53.7B, trips +20% in some reports), signaling demand resilience across mobility and delivery. Why Uber stock is surging? Wall Street cheers blockbuster bookings and bullish outlook
• Positive Sentiment: Company issued Q2 gross-bookings guidance ($56.25B–$57.75B) above street estimates, which reassures investors on near-term growth momentum despite geopolitical noise. Uber forecasts strong second-quarter bookings despite Middle East woes
• Positive Sentiment: Strategic partnerships and expansion in higher?margin grocery/delivery (Ahold Delhaize rollout, Uber One adoption hitting ~50M members) underpin delivery revenue durability and monetization. Ahold Delhaize & Uber Eats Expand Partnership
• Neutral Sentiment: Robotaxi/EV supply deals (large Rivian-related orders/funding involvement) are long-term positives for Uber’s autonomous ambitions but add uncertainty on capex and timing. Uber Just Ordered 10,000 Rivian Robotaxis
• Neutral Sentiment: Management is prioritizing AI investment and slowing hiring — this may improve productivity and margins over time but is an execution variable to monitor. Uber CEO says the company is slowing hiring as it invests in AI
• Negative Sentiment: Revenue for Q1 (~$13.2B) slightly missed some analyst estimates, and Uber disclosed the Middle East conflict is a modest (~60bp) drag — risks to growth remain regionally concentrated. Uber hit by Middle East conflict despite strong bookings
• Negative Sentiment: Legal and regulatory risks (ongoing litigation and jury verdict headlines) and the cost of autonomous/robotaxi investments could pressure margins if execution or outcomes slip. Uber Jury Verdict Puts Legal Risks Beside Valuation Upside

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.