Uber Technologies, Inc. (NYSE:UBER) Given Consensus Rating of “Moderate Buy” by Brokerages

Uber Technologies, Inc. (NYSE:UBERGet Free Report) has received an average rating of “Moderate Buy” from the forty analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, twenty-nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $104.9706.

Several analysts have weighed in on the stock. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, March 17th. Piper Sandler boosted their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Finally, Wedbush lowered their price target on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th.

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Key Headlines Impacting Uber Technologies

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

Uber Technologies Trading Down 2.4%

Uber Technologies stock opened at $71.87 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $146.31 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 6.26 and a beta of 1.16. The stock has a 50-day moving average of $74.14 and a two-hundred day moving average of $79.36. Uber Technologies has a one year low of $68.46 and a one year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The company’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. On average, research analysts anticipate that Uber Technologies will post 2.95 EPS for the current fiscal year.

Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The shares were 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 3.81% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

A number of institutional investors have recently modified their holdings of UBER. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $25,000. Portus Wealth Advisors LLC acquired a new position in Uber Technologies in the first quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the third quarter valued at approximately $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

About Uber Technologies

(Get Free Report)

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.

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Analyst Recommendations for Uber Technologies (NYSE:UBER)

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