Uber Technologies (NYSE:UBER – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Guggenheim in a research note issued to investors on Thursday, Benzinga reports. They currently have a $125.00 target price on the ride-sharing company’s stock. Guggenheim‘s target price would indicate a potential upside of 82.35% from the company’s previous close.
UBER has been the subject of several other research reports. BMO Capital Markets set a $119.00 price target on shares of Uber Technologies in a research report on Thursday, September 3rd. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. Susquehanna dropped their target price on Uber Technologies from $110.00 to $90.00 and set a “positive” rating for the company in a report on Thursday, August 6th. KeyCorp cut their target price on Uber Technologies from $105.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, TD Cowen reiterated a “buy” rating and set a $118.00 price target on shares of Uber Technologies in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $102.22.
View Our Latest Analysis on Uber Technologies
Uber Technologies Stock Down 1.9%
Shares of UBER stock traded down $1.32 during trading hours on Thursday, reaching $68.55. 10,797,041 shares of the company’s stock were exchanged, compared to its average volume of 18,954,344. Uber Technologies has a fifty-two week low of $64.04 and a fifty-two week high of $95.18. The stock’s 50 day moving average is $70.50 and its 200-day moving average is $73.18. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a market cap of $140.01 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 6.37 and a beta of 1.33.
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The business had revenue of $14.77 billion during the quarter, compared to analysts’ expectations of $14.66 billion. During the same quarter last year, the company posted $3.11 earnings per share. The business’s quarterly revenue was up 9.6% on a year-over-year basis. Analysts predict that Uber Technologies will post 3.20 earnings per share for the current fiscal year.
Insider Transactions at Uber Technologies
In other Uber Technologies news, insider Andrew Macdonald purchased 70,000 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was bought at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the acquisition, the insider directly owned 426,320 shares of the company’s stock, valued at approximately $32,327,845.60. This represents a 19.65% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jill Hazelbaker sold 28,170 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $71.31, for a total transaction of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares of the company’s stock, valued at $10,662,627.75. This represents a 15.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.
Institutional Investors Weigh In On Uber Technologies
Several hedge funds have recently made changes to their positions in the business. Pictet Asset Management Holding SA grew its position in Uber Technologies by 2.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 3,342,977 shares of the ride-sharing company’s stock valued at $229,027,000 after buying an additional 94,508 shares during the last quarter. Formidable Asset Management LLC lifted its stake in shares of Uber Technologies by 5.2% in the 3rd quarter. Formidable Asset Management LLC now owns 24,653 shares of the ride-sharing company’s stock worth $1,779,000 after acquiring an additional 1,222 shares during the period. Guidance Capital Inc. boosted its holdings in shares of Uber Technologies by 2.3% in the third quarter. Guidance Capital Inc. now owns 16,387 shares of the ride-sharing company’s stock valued at $1,093,000 after acquiring an additional 376 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Uber Technologies by 279.5% in the third quarter. International Assets Investment Management LLC now owns 40,000 shares of the ride-sharing company’s stock valued at $2,740,000 after acquiring an additional 29,460 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in Uber Technologies by 4.8% during the third quarter. Kestra Private Wealth Services LLC now owns 182,404 shares of the ride-sharing company’s stock worth $12,496,000 after purchasing an additional 8,392 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber reported third-quarter gross bookings growth of 20% and adjusted EPS of $0.88, slightly ahead of estimates. Trailing 12-month free cash flow reached $10.4 billion, supporting the view that the underlying business remains strong. Article: Uber: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Amazon selected Uber Eats as its restaurant-delivery partner for Prime members, making Uber Eats available through Amazon’s app and website. The deal could expand customer reach and delivery volume. Article: Amazon ditches Grubhub, taps Uber Eats for Prime
- Neutral Sentiment: Several analysts maintained Buy/Overweight or Outperform ratings, but some reduced price targets after results. KeyCorp cut its target to $95 and Needham to $100, while retaining bullish ratings—reflecting optimism about long-term potential alongside caution on near-term execution.
- Negative Sentiment: Management’s fourth-quarter adjusted EPS outlook of $0.95–$0.99 fell short of the roughly $1.06 consensus cited in coverage. Driver shortages, particularly in Brazil and India, and elevated fuel costs are prompting higher driver incentives and could pressure margins; mobility results also lagged expectations. Article: Uber CEO warns riders could pay more as fuel costs squeeze driver supply
- Negative Sentiment: Waymo plans to end its exclusive Uber robotaxi arrangement in Austin and Atlanta in January 2028, allowing customers to book rides through Waymo’s own app. The change is a longer-term competitive risk, though it does not end Uber’s broader autonomous-vehicle strategy. Article: Waymo confirms it will split with Uber in January 2028
Uber Technologies Company Profile
Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.
Uber’s Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.
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