Uber Technologies (UBER) Projected to Post Earnings on Wednesday

Uber Technologies (NYSE:UBER) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $11.61 billion for the quarter.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, analysts expect Uber Technologies to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Uber Technologies Stock Performance

Shares of NYSE:UBER traded up $0.31 during midday trading on Tuesday, hitting $85.74. The company had a trading volume of 11,999,513 shares, compared to its average volume of 20,268,640. The company has a market cap of $179.35 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 0.89 and a beta of 1.43. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The company has a fifty day moving average of $74.02 and a two-hundred day moving average of $71.37. Uber Technologies has a 12-month low of $54.84 and a 12-month high of $87.00.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on UBER shares. Piper Sandler reiterated an “overweight” rating and set a $87.00 price objective (up from $80.00) on shares of Uber Technologies in a research note on Tuesday, February 18th. Fox Advisors downgraded shares of Uber Technologies from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, March 11th. Truist Financial upped their target price on shares of Uber Technologies from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, March 6th. TD Cowen decreased their price target on Uber Technologies from $90.00 to $88.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Finally, Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Friday, January 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $89.81.

Insider Buying and Selling

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total value of $206,250.00. Following the completion of the transaction, the chief financial officer now owns 22,162 shares in the company, valued at approximately $1,662,150. This represents a 11.04 % decrease 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, SVP Nikki Krishnamurthy sold 20,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the completion of the transaction, the senior vice president now directly owns 361,908 shares of the company’s stock, valued at approximately $25,901,755.56. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 77,154 shares of company stock worth $5,793,869 in the last quarter. 3.84% of the stock is owned by insiders.

Institutional Trading of Uber Technologies

An institutional investor recently raised its position in Uber Technologies stock. Revolve Wealth Partners LLC grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 65.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,563 shares of the ride-sharing company’s stock after buying an additional 6,129 shares during the period. Revolve Wealth Partners LLC’s holdings in Uber Technologies were worth $939,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Company Profile

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.