Uber Technologies (NYSE:UBER) Price Target Raised to $110.00

Uber Technologies (NYSE:UBER) had its price target lifted by JPMorgan Chase & Co. from $105.00 to $110.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an overweight rating on the ride-sharing company’s stock.

Several other research firms have also issued reports on UBER. Morgan Stanley dropped their price target on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Citigroup reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. Mizuho dropped their price target on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Roth Mkm set a $105.00 price target on Uber Technologies in a research report on Thursday, February 5th. Finally, Guggenheim reissued a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $105.40.

Uber Technologies Stock Performance

Shares of UBER opened at $75.50 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market cap of $153.69 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 5.78 and a beta of 1.16. Uber Technologies has a 52-week low of $68.46 and a 52-week high of $101.99. The business’s 50 day moving average is $74.17 and its two-hundred day moving average is $80.81.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts forecast that Uber Technologies will post 3.28 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on 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 completion of the sale, the senior vice president directly 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 disclosure for this sale is available in the SEC filing. 3.81% of the stock is owned by company insiders.

Institutional Investors Weigh In On Uber Technologies

Several large investors have recently added to or reduced their stakes in UBER. Osbon Capital Management LLC acquired a new stake in Uber Technologies in the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC acquired a new stake in Uber Technologies in the fourth quarter worth $25,000. Portus Wealth Advisors LLC acquired a new stake in Uber Technologies in the first quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the third quarter worth $25,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the fourth quarter worth $27,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber beat Q1 earnings expectations and issued a stronger-than-expected Q2 bookings outlook, suggesting continued demand in rideshare, delivery, and freight. Uber Jumps 7.6% After Stronger-Than-Expected Bookings Forecast
• Positive Sentiment: Uber Eats expanded its retail reach by adding more than 1,500 Ulta Beauty stores, which could boost same-day delivery volume and support growth beyond restaurant delivery. Uber Eats and Ulta Beauty Team Up to Deliver Beauty Essentials Nationwide
• Positive Sentiment: Uber One surpassed 50 million members, and those members now drive a large share of gross bookings, reinforcing the value of Uber’s subscription and loyalty ecosystem. Uber One Crosses 50 Million Members and Signals a Fundamental Business Transformation
• Positive Sentiment: Several analysts raised price targets or reiterated bullish ratings after the earnings report, signaling higher expectations for Uber’s long-term profitability and platform strength. Uber Zooms Ahead On Platform Strength, Analysts Revise Estimates After Q1 Print
• Neutral Sentiment: Uber-backed Lime filed for an IPO after revenue growth, which highlights the value of Uber’s broader mobility ecosystem, but it is not a direct near-term driver for Uber’s core earnings. Lime Files IPO After Revenue Climbs To $886.7 Million
• Neutral Sentiment: Uber’s management continued to emphasize autonomous vehicles as a long-term opportunity, but investors are still waiting for that potential to translate into clear financial results. Uber CEO Dara Khosrowshahi Sees ‘Trillion-Dollar’ Self-Driving Opportunity
• Negative Sentiment: News that Uber partner Avride is under investigation for self-driving crashes adds fresh caution around the autonomous-vehicle theme, which could weigh on sentiment toward Uber’s robotaxi strategy. Uber partner Avride is under investigation for self-driving crashes

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.