Uber Technologies, Inc. (NYSE:UBER) Receives $104.25 Average PT from Analysts

Uber Technologies, Inc. (NYSE:UBERGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the forty-one analysts that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, thirty-three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $104.25.

Several analysts have recently issued reports on the company. Bank of America decreased their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Guggenheim restated a “buy” rating and issued a $125.00 target price on shares of Uber Technologies in a report on Thursday, August 6th. Wedbush assumed coverage on Uber Technologies in a research report on Thursday, July 16th. They set an “outperform” rating and a $91.00 target price for the company. Jefferies Financial Group increased their price target on Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Evercore restated an “outperform” rating and issued a $150.00 price objective on shares of Uber Technologies in a research note on Wednesday, August 5th.

Read Our Latest Analysis on UBER

Uber Technologies Stock Down 2.3%

Uber Technologies stock opened at $78.47 on Monday. The company has a market capitalization of $160.28 billion, a P/E ratio of 17.25, a P/E/G ratio of 6.47 and a beta of 1.13. The firm’s fifty day simple moving average is $73.48 and its 200-day simple moving average is $73.38. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies has a 1-year low of $65.41 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion during the quarter, compared to analysts’ expectations of $14.24 billion. During the same period in the prior year, the company posted $0.60 earnings per share. Uber Technologies’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Sell-side analysts forecast that Uber Technologies will post 3.39 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

  • Positive Sentiment: Uber is expanding its autonomous-vehicle ecosystem. More than 2,000 robotaxis from Pony.ai and Uber are expected to enter European roads, while Baidu’s Apollo Go autonomous vehicles are now available in parts of Dubai through the Uber app. These partnerships support Uber’s long-term platform strategy and could help it benefit from self-driving transportation without bearing all development costs. Uber and Pony.ai are about to unleash more than 2,000 robotaxis on European roads
  • Positive Sentiment: Uber launched optional live video streaming for parents and guardians during teen rides. The safety-focused feature may increase trust and usage of teen accounts, although its direct financial impact is likely limited. Uber launches live video streaming for teen accounts
  • Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and maintained a $100 price target, implying substantial upside from recent trading levels. Uber Eats is also benefiting from relatively resilient consumer demand for food delivery. Citizens JMP rating information
  • Neutral Sentiment: Uber recently cleared a procedural hurdle in a California racketeering lawsuit involving alleged fraudulent rideshare injury claims. However, the company also faces a separate class action concerning Uber Eats priority-delivery fees, leaving the overall legal impact uncertain. Uber cleared a key hurdle in its California racketeering lawsuit
  • Negative Sentiment: The immediate catalyst for the decrease appears technical rather than a major change in fundamentals. Coverage characterized the move as a pullback while the stock’s chart continues to heal from prior weakness, encouraging short-term profit-taking and caution among traders. Uber Stock Is Trading Lower Today: What’s Going On?

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of UBER. Brighton Jones LLC grew its stake in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after acquiring an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares in the last quarter. Bison Wealth LLC raised its holdings in Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after acquiring an additional 641 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of Uber Technologies in the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $842,000. 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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